Which has higher labor market, s1 - firing costs, Republic of Korea or Romania?

Republic of Korea, at 0.8765 against 0.8759 in Romania as of 2014.

What is the difference in labor market, s1 - firing costs between Republic of Korea and Romania?

0.0006, with Republic of Korea ahead.

How many years of comparable data are there for Republic of Korea and Romania?

42 years are reported by both, from 1973 to 2014.

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.

Republic of Korea vs Romania: Labor market, S1 - Firing costs

Republic of Korea

0.8765

in 2014

Romania

0.8759

in 2014

Republic of Korea rank

12th

Romania rank

14th

Labor market, S1 - Firing costs over time

Republic of Korea
Romania

How they compare

Republic of Korea currently reports 0.8765 against 0.8759 in Romania, a difference of 0.0006.

The two have swapped places 1 time across 42 shared years of data; in 1973 it was Romania ahead.

Republic of Korea ranks 12th and Romania ranks 14th of 90 countries.

Across the 5 decades both report, Republic of Korea averaged higher in 1 and Romania in 4.

Head to head by decade

Decade	Republic of Korea	Romania	Difference	Ahead
1970s	0.8148	0.9074	0.0926	Romania
1980s	0.8148	0.9074	0.0926	Romania
1990s	0.8333	0.9074	0.0741	Romania
2000s	0.8765	0.8796	0.0031	Romania
2010s	0.8765	0.8637	0.0128	Republic of Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher labor market, s1 - firing costs, Republic of Korea or Romania?: Republic of Korea, at 0.8765 against 0.8759 in Romania as of 2014.
What is the difference in labor market, s1 - firing costs between Republic of Korea and Romania?: 0.0006, with Republic of Korea ahead.
How many years of comparable data are there for Republic of Korea and Romania?: 42 years are reported by both, from 1973 to 2014.
How do Republic of Korea and Romania rank globally for labor market, s1 - firing costs?: Republic of Korea ranks 12th and Romania ranks 14th 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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Republic of Korea vs Romania: Labor market, S1 - Firing costs. Statizoid, drawing on International Monetary Fund. Retrieved 30 August 2026, from https://labour.statizoid.com/compare/labor-market-s1-firing-costs/korea-rep/romania/

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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: 19 August 2026

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.