* indicates monthly or quarterly data series

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Labor freedom - Country rankings:

The average for 2018 was 59 points.The highest value was in Singapore: 93 points and the lowest value was in North Korea: 5 points. Below is a chart for all countries where data are available for: Labor freedom.




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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