Labor market, S1 - Firing costs by country
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.
What the numbers show
Labor market, S1 - Firing costs is currently reported for 90 countries. The highest value is 1 in Sri Lanka; the lowest is 0 in Venezuela, Bolivarian Republic of.
The median across all reporting countries is 0.6727, and the mean is 0.6604.
Over the past decade 10 countries rose and 15 fell. The largest increase was in Portugal (up 363.5%), and the largest decrease in Bolivia, Plurinational State of (down 100.0%).
Labor market, S1 - Firing costs: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Sri Lanka | 1 | 2014 | unchanged | flat |
| 1 | United States of America | 1 | 2014 | unchanged | flat |
| 1 | New Zealand | 1 | 2014 | unchanged | flat |
| 4 | Canada | 0.939 | 2014 | unchanged | flat |
| 5 | Singapore | 0.9219 | 2014 | unchanged | flat |
| 6 | Nigeria | 0.9194 | 2014 | unchanged | flat |
| 7 | Pakistan | 0.8971 | 2014 | unchanged | flat |
| 8 | Costa Rica | 0.8942 | 2014 | unchanged | flat |
| 9 | Netherlands | 0.8912 | 2014 | unchanged | flat |
| 10 | Burkina Faso | 0.8833 | 2014 | down 6.2% | falling |
| 11 | South Africa | 0.8788 | 2014 | unchanged | falling |
| 12 | Korea | 0.8765 | 2014 | unchanged | rising |
| 12 | Jordan | 0.8765 | 2014 | unchanged | flat |
| 14 | Romania | 0.8759 | 2014 | down 3.5% | falling |
| 15 | Italy | 0.8743 | 2014 | unchanged | flat |
| 16 | Switzerland | 0.8684 | 2014 | unchanged | rising |
| 17 | Australia | 0.8671 | 2014 | down 5.9% | falling |
| 18 | Tanzania, United Republic of | 0.8614 | 2014 | unchanged | rising |
| 19 | Zimbabwe | 0.8602 | 2014 | unchanged | flat |
| 20 | Cameroon | 0.858 | 2014 | unchanged | flat |
| 21 | Ghana | 0.8564 | 2014 | unchanged | flat |
| 22 | United Kingdom of Great Britain and Northern Ireland | 0.8448 | 2014 | unchanged | flat |
| 23 | Japan | 0.8148 | 2014 | unchanged | flat |
| 24 | Uganda | 0.8131 | 2014 | down 2.4% | falling |
| 25 | Austria | 0.8108 | 2014 | unchanged | flat |
| 26 | India | 0.8104 | 2014 | unchanged | falling |
| 27 | Greece | 0.7964 | 2014 | up 27.2% | rising |
| 28 | Côte d'Ivoire | 0.7957 | 2014 | unchanged | flat |
| 29 | Ireland | 0.7777 | 2014 | down 9.1% | falling |
| 30 | Kazakhstan | 0.7713 | 2014 | unchanged | rising |
| 30 | Uzbekistan | 0.7713 | 2014 | up 31.6% | falling |
| 32 | Finland | 0.7706 | 2014 | unchanged | falling |
| 33 | Türkiye | 0.7656 | 2014 | unchanged | flat |
| 34 | Madagascar | 0.7526 | 2014 | unchanged | falling |
| 35 | Jamaica | 0.7469 | 2014 | unchanged | falling |
| 36 | Norway | 0.7461 | 2014 | unchanged | falling |
| 37 | Kenya | 0.7406 | 2014 | down 10.1% | flat |
| 38 | Denmark | 0.7347 | 2014 | unchanged | flat |
| 39 | Bulgaria | 0.7222 | 2014 | unchanged | flat |
| 40 | Estonia | 0.7173 | 2014 | up 85.9% | falling |
| 41 | Germany | 0.7111 | 2014 | unchanged | falling |
| 42 | Mozambique | 0.7074 | 2014 | up 41.5% | falling |
| 43 | Nepal | 0.6957 | 2014 | unchanged | flat |
| 44 | Bangladesh | 0.6838 | 2014 | up 107.9% | rising |
| 45 | Kyrgyzstan | 0.6787 | 2014 | up 30.6% | rising |
| 46 | Guatemala | 0.6667 | 2014 | unchanged | flat |
| 47 | Tunisia | 0.6473 | 2014 | unchanged | falling |
| 48 | France | 0.6465 | 2014 | down 0.5% | falling |
| 49 | Hungary | 0.6431 | 2014 | unchanged | flat |
| 50 | Thailand | 0.6399 | 2014 | unchanged | falling |
| 51 | Ukraine | 0.6296 | 2014 | unchanged | rising |
| 51 | Georgia | 0.6296 | 2014 | down 4.2% | rising |
| 53 | Senegal | 0.6266 | 2014 | unchanged | falling |
| 54 | Sweden | 0.6162 | 2014 | down 2.8% | falling |
| 55 | Poland | 0.6112 | 2014 | unchanged | falling |
| 56 | Peru | 0.6088 | 2014 | up 9.2% | falling |
| 57 | Nicaragua | 0.6075 | 2014 | unchanged | falling |
| 58 | El Salvador | 0.6049 | 2014 | unchanged | flat |
| 58 | Ecuador | 0.6049 | 2014 | unchanged | falling |
| 60 | Portugal | 0.6006 | 2014 | up 363.5% | volatile |
| 61 | Mexico | 0.5955 | 2014 | unchanged | flat |
| 62 | Hong Kong, China | 0.5827 | 2014 | unchanged | falling |
| 63 | Ethiopia | 0.5718 | 2014 | unchanged | falling |
| 64 | Latvia | 0.5711 | 2014 | down 9.3% | falling |
| 65 | Azerbaijan | 0.5648 | 2014 | unchanged | rising |
| 65 | Russian Federation | 0.5648 | 2014 | unchanged | falling |
| 67 | Colombia | 0.5594 | 2014 | unchanged | flat |
| 68 | Dominican Republic | 0.5551 | 2014 | unchanged | falling |
| 69 | Brazil | 0.5424 | 2014 | down 14.3% | falling |
| 70 | Spain | 0.5375 | 2014 | up 14.8% | falling |
| 71 | Uruguay | 0.5218 | 2014 | unchanged | flat |
| 72 | Belarus | 0.5213 | 2014 | unchanged | flat |
| 73 | Belgium | 0.5 | 2014 | down 19.7% | falling |
| 73 | Indonesia | 0.5 | 2014 | unchanged | falling |
| 75 | Argentina | 0.4909 | 2014 | unchanged | rising |
| 76 | Viet Nam | 0.4827 | 2014 | unchanged | falling |
| 77 | Albania | 0.4816 | 2014 | unchanged | volatile |
| 78 | Morocco | 0.4737 | 2014 | down 40.6% | falling |
| 79 | Czechia | 0.4589 | 2014 | up 20.9% | rising |
| 80 | Malaysia | 0.4514 | 2014 | unchanged | falling |
| 81 | Israel | 0.3985 | 2014 | unchanged | falling |
| 82 | Chile | 0.393 | 2014 | unchanged | falling |
| 83 | Paraguay | 0.323 | 2014 | unchanged | falling |
| 84 | Philippines | 0.3148 | 2014 | unchanged | falling |
| 84 | China | 0.3148 | 2014 | unchanged | volatile |
| 86 | Egypt | 0.2833 | 2014 | unchanged | volatile |
| 87 | Lithuania | 0.2536 | 2014 | unchanged | volatile |
| 88 | Algeria | 0.1651 | 2014 | down 79.1% | volatile |
| 89 | Bolivia, Plurinational State of | 0 | 2014 | down 100.0% | volatile |
| 89 | Venezuela, Bolivarian Republic of | 0 | 2014 | — | volatile |
About this data
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.