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.
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 (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 | 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 | South 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 | 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 | 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 | Cote 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 | Turkey | 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 | 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 | Russia | 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 | Vietnam | 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 | 0 | 2014 | down 100.0% | volatile |
| 89 | Venezuela | 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.