Labor market, S1 - Firing costs in Burkina Faso
Burkina Faso: Labor market, S1 - Firing costs was 0.8833 in 2014. ▼ Falling
Labor market, S1 - Firing costs in Burkina Faso, 1973–2014
Source: International Monetary Fund.
Analysis
The most recent figure for labor market, s1 - firing costs in Burkina Faso is 0.8833, measured in 2014. That is the lowest value across all 42 years on record.
Compared with earlier readings it is down 6.2% over ten years.
Over the whole period, labor market, s1 - firing costs in Burkina Faso peaked at 0.9574 in 1973 and was at its lowest, 0.8833, in 2005.
That places Burkina Faso 10th out of 90 countries with data for 2014, putting it in the top quarter.
The long-run direction has been consistently falling across the 42 years of available data.
Labor market, S1 - Firing costs in Burkina Faso, year by year
| Year | Value | Change |
|---|---|---|
| 1973 | 0.9574 | — |
| 1974 | 0.9574 | +0.0% |
| 1975 | 0.9417 | -1.6% |
| 1976 | 0.9417 | +0.0% |
| 1977 | 0.9417 | +0.0% |
| 1978 | 0.9417 | +0.0% |
| 1979 | 0.9417 | +0.0% |
| 1980 | 0.9417 | +0.0% |
| 1981 | 0.9417 | +0.0% |
| 1982 | 0.9417 | +0.0% |
| 1983 | 0.9417 | +0.0% |
| 1984 | 0.9417 | +0.0% |
| 1985 | 0.9417 | +0.0% |
| 1986 | 0.9417 | +0.0% |
| 1987 | 0.9417 | +0.0% |
| 1988 | 0.9417 | +0.0% |
| 1989 | 0.9417 | +0.0% |
| 1990 | 0.9417 | +0.0% |
| 1991 | 0.9417 | +0.0% |
| 1992 | 0.9417 | +0.0% |
| 1993 | 0.9417 | +0.0% |
| 1994 | 0.9417 | +0.0% |
| 1995 | 0.9417 | +0.0% |
| 1996 | 0.9417 | +0.0% |
| 1997 | 0.9417 | +0.0% |
| 1998 | 0.9417 | +0.0% |
| 1999 | 0.9417 | +0.0% |
| 2000 | 0.9417 | +0.0% |
| 2001 | 0.9417 | +0.0% |
| 2002 | 0.9417 | +0.0% |
| 2003 | 0.9417 | +0.0% |
| 2004 | 0.9417 | +0.0% |
| 2005 | 0.8833 | -6.2% |
| 2006 | 0.8833 | +0.0% |
| 2007 | 0.8833 | +0.0% |
| 2008 | 0.8833 | +0.0% |
| 2009 | 0.8833 | +0.0% |
| 2010 | 0.8833 | +0.0% |
| 2011 | 0.8833 | +0.0% |
| 2012 | 0.8833 | +0.0% |
| 2013 | 0.8833 | +0.0% |
| 2014 | 0.8833 | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.9462 | 0.9417 | 0.9574 | 7 |
| 1980s | 0.9417 | 0.9417 | 0.9417 | 10 |
| 1990s | 0.9417 | 0.9417 | 0.9417 | 10 |
| 2000s | 0.9125 | 0.8833 | 0.9417 | 10 |
| 2010s | 0.8833 | 0.8833 | 0.8833 | 5 |
Countries ranked near Burkina Faso
- 7 Pakistan 0.8971 compare
- 8 Costa Rica 0.8942 compare
- 9 Netherlands 0.8912 compare
- 11 South Africa 0.8788 compare
- 12 Jordan 0.8765 compare
- 12 Republic of Korea 0.8765 compare
More work & labour data for Burkina Faso
- Population - Est. & Proj. — Total Population - Both sexes, annual 0.0413 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth 0.016 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth 0.0657 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate 0.6828 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 3.33 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 21,677 1000 No (2050)
- Population - Est. & Proj. — Rural population 21,530 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 25,421 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 24,433 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 49,854 1000 No (2100)
Frequently asked questions
- What is labor market, s1 - firing costs in Burkina Faso?
- Labor market, s1 - firing costs in Burkina Faso was 0.8833 in 2014, according to International Monetary Fund.
- What is the highest labor market, s1 - firing costs recorded in Burkina Faso?
- The highest recorded value was 0.9574 in 1973.
- What is the lowest labor market, s1 - firing costs recorded in Burkina Faso?
- The lowest recorded value was 0.8833 in 2005.
- How does Burkina Faso rank for labor market, s1 - firing costs?
- Burkina Faso ranks 10th out of 90 countries with data for 2014.
- Is labor market, s1 - firing costs rising or falling in Burkina Faso?
- Over the last ten years it is down 6.2%. The long-run trend across the full record is falling.
- Where does this Burkina Faso 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.
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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.