Labor market, S1 - Firing costs in Dominican Republic
Dominican Republic: Labor market, S1 - Firing costs was 0.5551 in 2014. ▼ Falling
Labor market, S1 - Firing costs in Dominican Republic, 1973–2014
Source: International Monetary Fund.
Analysis
The most recent figure for labor market, s1 - firing costs in Dominican Republic is 0.5551, measured in 2014. That is the lowest value across all 42 years on record.
Compared with earlier readings it is unchanged over ten years.
Over the whole period, labor market, s1 - firing costs in Dominican Republic peaked at 0.8761 in 1984 and was at its lowest, 0.5551, in 1992.
That places Dominican Republic 68th 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.
Labor market, S1 - Firing costs in Dominican Republic, year by year
| Year | Value | Change |
|---|---|---|
| 1973 | 0.8723 | — |
| 1974 | 0.8723 | +0.0% |
| 1975 | 0.8723 | +0.0% |
| 1976 | 0.8723 | +0.0% |
| 1977 | 0.8723 | +0.0% |
| 1978 | 0.8723 | +0.0% |
| 1979 | 0.8723 | +0.0% |
| 1980 | 0.8723 | +0.0% |
| 1981 | 0.8723 | +0.0% |
| 1982 | 0.8723 | +0.0% |
| 1983 | 0.8723 | +0.0% |
| 1984 | 0.8761 | +0.4% |
| 1985 | 0.8761 | +0.0% |
| 1986 | 0.8761 | +0.0% |
| 1987 | 0.8761 | +0.0% |
| 1988 | 0.8761 | +0.0% |
| 1989 | 0.8761 | +0.0% |
| 1990 | 0.8761 | +0.0% |
| 1991 | 0.8761 | +0.0% |
| 1992 | 0.5551 | -36.6% |
| 1993 | 0.5551 | +0.0% |
| 1994 | 0.5551 | +0.0% |
| 1995 | 0.5551 | +0.0% |
| 1996 | 0.5551 | +0.0% |
| 1997 | 0.5551 | +0.0% |
| 1998 | 0.5551 | +0.0% |
| 1999 | 0.5551 | +0.0% |
| 2000 | 0.5551 | +0.0% |
| 2001 | 0.5551 | +0.0% |
| 2002 | 0.5551 | +0.0% |
| 2003 | 0.5551 | +0.0% |
| 2004 | 0.5551 | +0.0% |
| 2005 | 0.5551 | +0.0% |
| 2006 | 0.5551 | +0.0% |
| 2007 | 0.5551 | +0.0% |
| 2008 | 0.5551 | +0.0% |
| 2009 | 0.5551 | +0.0% |
| 2010 | 0.5551 | +0.0% |
| 2011 | 0.5551 | +0.0% |
| 2012 | 0.5551 | +0.0% |
| 2013 | 0.5551 | +0.0% |
| 2014 | 0.5551 | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.8723 | 0.8723 | 0.8723 | 7 |
| 1980s | 0.8746 | 0.8723 | 0.8761 | 10 |
| 1990s | 0.6193 | 0.5551 | 0.8761 | 10 |
| 2000s | 0.5551 | 0.5551 | 0.5551 | 10 |
| 2010s | 0.5551 | 0.5551 | 0.5551 | 5 |
Countries ranked near Dominican Republic
More work & labour data for Dominican Republic
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.5342 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.5118 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.5561 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.48 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.3757 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 12,209 1000 No (2050)
- Population - Est. & Proj. — Rural population 1,056 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 5,888 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 5,787 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 11,675 1000 No (2100)
Frequently asked questions
- What is labor market, s1 - firing costs in Dominican Republic?
- Labor market, s1 - firing costs in Dominican Republic was 0.5551 in 2014, according to International Monetary Fund.
- What is the highest labor market, s1 - firing costs recorded in Dominican Republic?
- The highest recorded value was 0.8761 in 1984.
- What is the lowest labor market, s1 - firing costs recorded in Dominican Republic?
- The lowest recorded value was 0.5551 in 1992.
- How does Dominican Republic rank for labor market, s1 - firing costs?
- Dominican Republic ranks 68th out of 90 countries with data for 2014.
- Is labor market, s1 - firing costs rising or falling in Dominican Republic?
- Over the last ten years it is unchanged. The long-run trend across the full record is falling.
- Where does this Dominican Republic 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 · JSON — 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.