Labor market, S1 - Additional requirements for collective dismissal in Latvia

Latvia: Labor market, S1 - Additional requirements for collective dismissal was 0.7333 in 2014. ▼ Falling

Latest (2014)
0.7333
Change on year
unchanged
World rank
68th
of 90 countries
All-time high
1
in 1973
All-time low
0.7208
in 2002
Years of data
42
1973–2014

Labor market, S1 - Additional requirements for collective dismissal in Latvia, 1973–2014

00.20.40.60.811973199320141973: 11974: 11975: 11976: 11977: 11978: 11979: 11980: 11981: 11982: 11983: 11984: 11985: 11986: 11987: 11988: 11989: 11990: 11991: 11992: 11993: 11994: 11995: 11996: 11997: 11998: 11999: 12000: 12001: 12002: 0.7212003: 0.7212004: 0.7212005: 0.7212006: 0.7212007: 0.742008: 0.742009: 0.742010: 0.7332011: 0.7332012: 0.7332013: 0.7332014: 0.733

Source: International Monetary Fund.

Analysis

Latvia recorded 0.7333 for labor market, s1 - additional requirements for collective dismissal in 2014.

The figure is up 1.7% over ten years.

Over the whole period, labor market, s1 - additional requirements for collective dismissal in Latvia peaked at 1 in 1973 and was at its lowest, 0.7208, in 2002.

That places Latvia 68th out of 90 countries with data for 2014, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 42 years of available data.

Labor market, S1 - Additional requirements for collective dismissal in Latvia, year by year

Annual values for Labor market, S1 - Additional requirements for collective dismissal in Latvia, 1973 to 2014.
Year Value Change
1973 1
1974 1 +0.0%
1975 1 +0.0%
1976 1 +0.0%
1977 1 +0.0%
1978 1 +0.0%
1979 1 +0.0%
1980 1 +0.0%
1981 1 +0.0%
1982 1 +0.0%
1983 1 +0.0%
1984 1 +0.0%
1985 1 +0.0%
1986 1 +0.0%
1987 1 +0.0%
1988 1 +0.0%
1989 1 +0.0%
1990 1 +0.0%
1991 1 +0.0%
1992 1 +0.0%
1993 1 +0.0%
1994 1 +0.0%
1995 1 +0.0%
1996 1 +0.0%
1997 1 +0.0%
1998 1 +0.0%
1999 1 +0.0%
2000 1 +0.0%
2001 1 +0.0%
2002 0.7208 -27.9%
2003 0.7208 +0.0%
2004 0.7208 +0.0%
2005 0.7208 +0.0%
2006 0.7208 +0.0%
2007 0.7401 +2.7%
2008 0.7401 +0.0%
2009 0.7401 +0.0%
2010 0.7333 -0.9%
2011 0.7333 +0.0%
2012 0.7333 +0.0%
2013 0.7333 +0.0%
2014 0.7333 +0.0%

Averages by decade

DecadeAverage LowestHighest Years
1970s 1 1 1 7
1980s 1 1 1 10
1990s 1 1 1 10
2000s 0.7824 0.7208 1 10
2010s 0.7333 0.7333 0.7333 5

Countries ranked near Latvia

  1. 65 Uganda 0.75 compare
  2. 66 Hungary 0.7484 compare
  3. 67 Türkiye 0.7375 compare
  4. 69 Finland 0.7265 compare
  5. 70 Mozambique 0.725 compare
  6. 71 Romania 0.7022 compare

See the full ranking of 90 places →

More work & labour data for Latvia

All data for Latvia →

Frequently asked questions

What is labor market, s1 - additional requirements for collective dismissal in Latvia?
Labor market, s1 - additional requirements for collective dismissal in Latvia was 0.7333 in 2014, according to International Monetary Fund.
What is the highest labor market, s1 - additional requirements for collective dismissal recorded in Latvia?
The highest recorded value was 1 in 1973.
What is the lowest labor market, s1 - additional requirements for collective dismissal recorded in Latvia?
The lowest recorded value was 0.7208 in 2002.
How does Latvia rank for labor market, s1 - additional requirements for collective dismissal?
Latvia ranks 68th out of 90 countries with data for 2014.
Is labor market, s1 - additional requirements for collective dismissal rising or falling in Latvia?
Over the last ten years it is up 1.7%. The long-run trend across the full record is falling.
Where does this Latvia data come from?
The figures come from International Monetary Fund, published as part of Labor market, S1 - Additional requirements for collective dismissal. Statizoid updates them automatically from the source API.

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Labor market, S1 - Additional requirements for collective dismissal in Latvia. Statizoid, drawing on International Monetary Fund. Retrieved 23 August 2026, from https://labour.statizoid.com/stat/labor-market-s1-additional-requirements-for-collective-dismissal/latvia/

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About this data

Indicator
Labor market, S1 - Additional requirements for collective dismissal
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.