Latvia vs Mexico: Labor market, S1 - Firing costs

Latvia
0.5711
in 2014
Mexico
0.5955
in 2014
Latvia rank
64th
Mexico rank
61st

Labor market, S1 - Firing costs over time

  • Latvia
  • Mexico
00.20.40.60.81197319932014

How they compare

Mexico currently reports 0.5955 against 0.5711 in Latvia, a difference of 0.0244.

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

Latvia ranks 64th and Mexico ranks 61st of 90 countries.

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

Head to head by decade

Decade Latvia Mexico Difference Ahead
1970s 0.913 0.5955 0.3175 Latvia
1980s 0.8433 0.5955 0.2478 Latvia
1990s 0.5694 0.5955 0.0261 Mexico
2000s 0.6189 0.5955 0.0234 Latvia
2010s 0.5711 0.5955 0.0244 Mexico

Averages of every year both report within each decade.

Frequently asked questions

Which has higher labor market, s1 - firing costs, Latvia or Mexico?
Mexico, at 0.5955 against 0.5711 in Latvia as of 2014.
What is the difference in labor market, s1 - firing costs between Latvia and Mexico?
0.0244, with Mexico ahead.
How many years of comparable data are there for Latvia and Mexico?
42 years are reported by both, from 1973 to 2014.
How do Latvia and Mexico rank globally for labor market, s1 - firing costs?
Latvia ranks 64th and Mexico ranks 61st 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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Latvia vs Mexico: Labor market, S1 - Firing costs. Statizoid, drawing on International Monetary Fund. Retrieved 28 August 2026, from https://labour.statizoid.com/compare/labor-market-s1-firing-costs/latvia/mexico/

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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.