Ukraine: Labor freedom

* indicates monthly or quarterly data series

Labor freedom index (0-100)

 Latest value 61
 Year 2022
 Measure points
 Data availability 2005 - 2022
 Average 52
 Min - Max 47 - 61
 Source The Heritage Foundation
For that indicator, we provide data for Ukraine from 2005 to 2022. The average value for Ukraine during that period was 52 points with a minimum of 47 points in 2019 and a maximum of 61 points in 2022. The latest value from 2022 is 61 points. For comparison, the world average in 2022 based on 175 countries is 56 points. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Ukraine - Labor freedom - Recent values chart

Historical chart
Ukraine - Labor freedom - historical chart - 2005-2022

The Labor Freedom index for Ukraine from the Heritage Foundation reflects the various aspects of the legal and regulatory framework of the labor market in Ukraine, including the minimum wage; laws inhibiting layoffs; severance requirements; and the regulatory burdens on hiring.
Definition: The Labor freedom index is composed of six quantitative factors: ratio of minimum wage to the average value added per worker, hindrance to hiring additional workers, rigidity of hours, difficulty of firing redundant employees, legally mandated notice period, and mandatory severance pay. The index is based on data collected in connection with the World Bank’s Doing Business study.

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 Related indicators Latest value Reference Measure
 Property rights 23 2024 points
 Freedom from corruption 33 2024 points
 Fiscal freedom 74 2022 points
 Business freedom 61 2022 points
 Labor freedom 61 2022 points
 Monetary freedom 71.20 2022 points
 Trade freedom 73 2024 points
 Investment freedom 35 2022 points
 Financial freedom 30 2022 points
 Economic freedom, overall index 54 2022 index points
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