Labor Freedom Index

Asia Ranking

(0-100)Source: IMF
Current Rank
Country
Value
Latest Reading
Previous Rank
Previous Value
1Hong Kong892018389
2Kazakhstan872014588
3Kyrgyzstan802020389
3Bhutan802021880
3Japan802013781
6Singapore772022198
6Mongolia772017683
8Brunei752022291
9Thailand6420211364
9China6420191861
11Uzbekistan6120141861
12Taiwan6020202355
13Sri Lanka5920212059
13Laos5920202454
15Philippines5820192158
15India5820222942
17Malaysia572022974
18Azerbaijan5620221266
18South Korea5620222256
20Vietnam5420221563
21Maldives5220221071
22Russia5120171762
23Burma (Myanmar)5020221364
23Macao5020192550
25Indonesia4920212649
26Cambodia4820221563
26Nepal4820192844
28Tajikistan4320222649
29Pakistan4120212942
30Bangladesh3720221168
31Turkmenistan3120223120
32North Korea5202132

Definition of Labor Freedom Index

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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