South Korea vs South Africa: Labor market, S1 - Firing costs

South Korea
0.8765
in 2014
South Africa
0.8788
in 2014
South Korea rank
12th
South Africa rank
11th

Labor market, S1 - Firing costs over time

  • South Korea
  • South Africa
00.20.40.60.81197319932014

How they compare

South Africa currently reports 0.8788 against 0.8765 in South Korea, a difference of 0.0023.

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

South Korea ranks 12th and South Africa ranks 11th of 90 countries.

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

Head to head by decade

Decade South Korea South Africa Difference Ahead
1970s 0.8148 1 0.1852 South Africa
1980s 0.8148 0.9391 0.1243 South Africa
1990s 0.8333 0.9001 0.0668 South Africa
2000s 0.8765 0.8788 0.0023 South Africa
2010s 0.8765 0.8788 0.0023 South Africa

Averages of every year both report within each decade.

Frequently asked questions

Which has higher labor market, s1 - firing costs, South Korea or South Africa?
South Africa, at 0.8788 against 0.8765 in South Korea as of 2014.
What is the difference in labor market, s1 - firing costs between South Korea and South Africa?
0.0023, with South Africa ahead.
How many years of comparable data are there for South Korea and South Africa?
42 years are reported by both, from 1973 to 2014.
How do South Korea and South Africa rank globally for labor market, s1 - firing costs?
South Korea ranks 12th and South Africa ranks 11th 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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South Korea vs South Africa: 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/korea-rep/south-africa/

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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.