Labor market, S1 - Firing costs in Belgium
Belgium: Labor market, S1 - Firing costs was 0.5 in 2014. βΌ Falling
Labor market, S1 - Firing costs in Belgium, 1973β2014
Source: International Monetary Fund.
Analysis
Belgium recorded 0.5 for labor market, s1 - firing costs in 2014. That is the lowest value across all 42 years on record.
Compared with earlier readings it is down 17.4% on the previous year and down 19.7% over ten years.
Over the whole period, labor market, s1 - firing costs in Belgium peaked at 0.9574 in 1973 and was at its lowest, 0.5, in 2014.
That places Belgium 73rd 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.9148 | 0.6591 | 0.9574 | 7 |
| 1980s | 0.6591 | 0.6591 | 0.6591 | 10 |
| 1990s | 0.6591 | 0.6591 | 0.6591 | 10 |
| 2000s | 0.6264 | 0.6228 | 0.6591 | 10 |
| 2010s | 0.5911 | 0.5 | 0.6228 | 5 |
Countries ranked near Belgium
More work & labour data for Belgium
- Population - Est. & Proj. β Total Population - Both sexes, annual -0.1652 % change on previous year (2100)
- Population - Est. & Proj. β Total Population - Male, annual growth -0.1676 % change on previous year (2100)
- Population - Est. & Proj. β Total Population - Female, annual growth -0.1614 % change on previous year (2100)
- Population - Est. & Proj. β Rural population, annual growth rate -1.59 % change on previous year (2050)
- Population - Est. & Proj. β Urban population, annual growth rate 0.1395 % change on previous year (2050)
- Population - Est. & Proj. β Urban population 12,349 1000 No (2050)
- Population - Est. & Proj. β Rural population 139 1000 No (2050)
- Population - Est. & Proj. β Total Population - Female 5,498 1000 No (2100)
- Population - Est. & Proj. β Total Population - Male 5,563 1000 No (2100)
- Population - Est. & Proj. β Total Population - Both sexes 11,061 1000 No (2100)
Frequently asked questions
- What is labor market, s1 - firing costs in Belgium?
- Labor market, s1 - firing costs in Belgium was 0.5 in 2014, according to International Monetary Fund.
- What is the highest labor market, s1 - firing costs recorded in Belgium?
- The highest recorded value was 0.9574 in 1973.
- What is the lowest labor market, s1 - firing costs recorded in Belgium?
- The lowest recorded value was 0.5 in 2014.
- How does Belgium rank for labor market, s1 - firing costs?
- Belgium ranks 73rd out of 90 countries with data for 2014.
- Is labor market, s1 - firing costs rising or falling in Belgium?
- Over the last ten years it is down 19.7%. The long-run trend across the full record is falling.
- Where does this Belgium 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.