Venezuela: Labor freedom

Pour cet indicateur, The Heritage Foundation fournit des données pour la Venezuela de 2005 à 2026. La valeur moyenne pour Venezuela pendant cette période était de 32 points avec un minimum de 24 points en 2015 et un maximum de 41 points en 2007. Global rankings for that indicator are available here. You can compare trends over time here.

Définition: 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.