Labor market, S1 - Firing costs in Ecuador
Ecuador: Labor market, S1 - Firing costs was 0.6049 in 2014. βΌ Falling
Labor market, S1 - Firing costs in Ecuador, 1973β2014
Source: International Monetary Fund.
Analysis
The most recent figure for labor market, s1 - firing costs in Ecuador is 0.6049, 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 Ecuador peaked at 0.7292 in 1973 and was at its lowest, 0.6049, in 1992.
That places Ecuador 58th out of 90 countries with data for 2014, putting it in the middle of the range.
The long-run direction has been consistently falling across the 42 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.7292 | 0.7292 | 0.7292 | 7 |
| 1980s | 0.7292 | 0.7292 | 0.7292 | 10 |
| 1990s | 0.6298 | 0.6049 | 0.7292 | 10 |
| 2000s | 0.6049 | 0.6049 | 0.6049 | 10 |
| 2010s | 0.6049 | 0.6049 | 0.6049 | 5 |
Countries ranked near Ecuador
More work & labour data for Ecuador
- Population - Est. & Proj. β Total Population - Both sexes, annual -0.578 % change on previous year (2100)
- Population - Est. & Proj. β Total Population - Male, annual growth -0.567 % change on previous year (2100)
- Population - Est. & Proj. β Total Population - Female, annual growth -0.589 % change on previous year (2100)
- Population - Est. & Proj. β Rural population, annual growth rate -1.04 % change on previous year (2050)
- Population - Est. & Proj. β Urban population, annual growth rate 1.13 % change on previous year (2050)
- Population - Est. & Proj. β Urban population 17,174 1000 No (2050)
- Population - Est. & Proj. β Rural population 5,794 1000 No (2050)
- Population - Est. & Proj. β Total Population - Female 9,543 1000 No (2100)
- Population - Est. & Proj. β Total Population - Male 9,549 1000 No (2100)
- Population - Est. & Proj. β Total Population - Both sexes 19,092 1000 No (2100)
Frequently asked questions
- What is labor market, s1 - firing costs in Ecuador?
- Labor market, s1 - firing costs in Ecuador was 0.6049 in 2014, according to International Monetary Fund.
- What is the highest labor market, s1 - firing costs recorded in Ecuador?
- The highest recorded value was 0.7292 in 1973.
- What is the lowest labor market, s1 - firing costs recorded in Ecuador?
- The lowest recorded value was 0.6049 in 1992.
- How does Ecuador rank for labor market, s1 - firing costs?
- Ecuador ranks 58th out of 90 countries with data for 2014.
- Is labor market, s1 - firing costs rising or falling in Ecuador?
- Over the last ten years it is unchanged. The long-run trend across the full record is falling.
- Where does this Ecuador 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.