Hong Kong vs Latvia: Labor market, S1 - Firing costs

Hong Kong
0.5827
in 2014
Latvia
0.5711
in 2014
Hong Kong rank
62nd
Latvia rank
64th

Labor market, S1 - Firing costs over time

  • Hong Kong
  • Latvia
00.20.40.60.81197319932014

How they compare

Hong Kong currently reports 0.5827 against 0.5711 in Latvia, a difference of 0.0116.

The two have swapped places 3 times across 42 shared years of data; in 1973 it was Latvia ahead.

Hong Kong ranks 62nd and Latvia ranks 64th of 90 countries.

Across the 5 decades both report, Hong Kong averaged higher in 2 and Latvia in 3.

Head to head by decade

Decade Hong Kong Latvia Difference Ahead
1970s 0.8037 0.913 0.1092 Latvia
1980s 0.7137 0.8433 0.1296 Latvia
1990s 0.6141 0.5694 0.0447 Hong Kong
2000s 0.5827 0.6189 0.0361 Latvia
2010s 0.5827 0.5711 0.0116 Hong Kong

Averages of every year both report within each decade.

Frequently asked questions

Which has higher labor market, s1 - firing costs, Hong Kong or Latvia?
Hong Kong, at 0.5827 against 0.5711 in Latvia as of 2014.
What is the difference in labor market, s1 - firing costs between Hong Kong and Latvia?
0.0116, with Hong Kong ahead.
How many years of comparable data are there for Hong Kong and Latvia?
42 years are reported by both, from 1973 to 2014.
How do Hong Kong and Latvia rank globally for labor market, s1 - firing costs?
Hong Kong ranks 62nd 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.

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Hong Kong vs Latvia: Labor market, S1 - Firing costs. Statizoid, drawing on International Monetary Fund. Retrieved 11 November 2026, from https://labour.statizoid.com/compare/labor-market-s1-firing-costs/hong-kong-sar-china/latvia/

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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.