Colombia vs Latvia: Labor market, S1 - Firing costs

Colombia
0.5594
in 2014
Latvia
0.5711
in 2014
Colombia rank
67th
Latvia rank
64th

Labor market, S1 - Firing costs over time

  • Colombia
  • Latvia
00.20.40.60.81197319932014

How they compare

Latvia currently reports 0.5711 against 0.5594 in Colombia, a difference of 0.0117.

The two have swapped places 2 times across 42 shared years of data; in 1973 it was Latvia ahead.

Colombia ranks 67th and Latvia ranks 64th of 90 countries.

Latvia has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Colombia Latvia Difference Ahead
1970s 0.5469 0.913 0.3661 Latvia
1980s 0.5469 0.8433 0.2965 Latvia
1990s 0.5436 0.5694 0.0258 Latvia
2000s 0.5545 0.6189 0.0643 Latvia
2010s 0.5594 0.5711 0.0117 Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher labor market, s1 - firing costs, Colombia or Latvia?
Latvia, at 0.5711 against 0.5594 in Colombia as of 2014.
What is the difference in labor market, s1 - firing costs between Colombia and Latvia?
0.0117, with Latvia ahead.
How many years of comparable data are there for Colombia and Latvia?
42 years are reported by both, from 1973 to 2014.
How do Colombia and Latvia rank globally for labor market, s1 - firing costs?
Colombia ranks 67th and Latvia ranks 64th of 90 countries.
Where does this data come from?
International Monetary Fund, published as Labor market, S1 - Firing costs. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

Share, cite or embed this page

Cite this page

Colombia vs Latvia: Labor market, S1 - Firing costs. Statizoid, drawing on International Monetary Fund. Retrieved 02 September 2026, from https://labour.statizoid.com/compare/labor-market-s1-firing-costs/colombia/latvia/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under IMF Terms and Conditions (attribution required); please keep the attribution.

<a href="https://labour.statizoid.com/compare/labor-market-s1-firing-costs/colombia/latvia/">Colombia vs Latvia: Labor market, S1 - Firing costs</a> — Statizoid

About this data

Indicator
Labor market, S1 - Firing costs
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
90 places, 3,515 data points, 1973–2014
Last refreshed

The SRD contains data on a wide range of structural policies across different countries. These policies are things that affect how markets function, like labor laws, regulations on businesses, and trade policies.