Labor market, S1 - Firing costs in Australia
Australia: Labor market, S1 - Firing costs was 0.8671 in 2014. βΌ Falling
Labor market, S1 - Firing costs in Australia, 1973β2014
Source: International Monetary Fund.
Analysis
In 2014, labor market, s1 - firing costs in Australia stood at 0.8671. That is the lowest value across all 42 years on record.
Compared with earlier readings it is down 5.9% over ten years.
Over the whole period, labor market, s1 - firing costs in Australia peaked at 1 in 1973 and was at its lowest, 0.8671, in 2010.
Australia ranks 17th of 90 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 42 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1 | 1 | 1 | 7 |
| 1980s | 1 | 1 | 1 | 10 |
| 1990s | 0.9527 | 0.9211 | 1 | 10 |
| 2000s | 0.9211 | 0.9211 | 0.9211 | 10 |
| 2010s | 0.8671 | 0.8671 | 0.8671 | 5 |
Countries ranked near Australia
More work & labour data for Australia
- Population - Est. & Proj. β Total Population - Both sexes, annual 0.5057 % change on previous year (2100)
- Population - Est. & Proj. β Total Population - Male, annual growth 0.4907 % change on previous year (2100)
- Population - Est. & Proj. β Total Population - Female, annual growth 0.5202 % change on previous year (2100)
- Population - Est. & Proj. β Rural population, annual growth rate -0.9895 % change on previous year (2050)
- Population - Est. & Proj. β Urban population, annual growth rate 0.8931 % change on previous year (2050)
- Population - Est. & Proj. β Urban population 30,186 1000 No (2050)
- Population - Est. & Proj. β Rural population 3,001 1000 No (2050)
- Population - Est. & Proj. β Total Population - Female 21,642 1000 No (2100)
- Population - Est. & Proj. β Total Population - Male 21,502 1000 No (2100)
- Population - Est. & Proj. β Total Population - Both sexes 43,144 1000 No (2100)
Frequently asked questions
- What is labor market, s1 - firing costs in Australia?
- Labor market, s1 - firing costs in Australia was 0.8671 in 2014, according to International Monetary Fund.
- What is the highest labor market, s1 - firing costs recorded in Australia?
- The highest recorded value was 1 in 1973.
- What is the lowest labor market, s1 - firing costs recorded in Australia?
- The lowest recorded value was 0.8671 in 2010.
- How does Australia rank for labor market, s1 - firing costs?
- Australia ranks 17th out of 90 countries with data for 2014.
- Is labor market, s1 - firing costs rising or falling in Australia?
- Over the last ten years it is down 5.9%. The long-run trend across the full record is falling.
- Where does this Australia data come from?
- The figures come from International Monetary Fund, published as part of Labor market, S1 - Firing costs. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 42 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.