Labor market, S1 - Firing costs in Finland

Finland: Labor market, S1 - Firing costs was 0.7706 in 2014. ▼ Falling

Latest (2014)
0.7706
Change on year
unchanged
World rank
32nd
of 90 countries
All-time high
0.8639
in 1973
All-time low
0.565
in 1989
Years of data
42
1973–2014

Labor market, S1 - Firing costs in Finland, 1973–2014

00.20.40.60.81973199320141973: 0.8641974: 0.8641975: 0.8641976: 0.8641977: 0.8641978: 0.8641979: 0.8151980: 0.8151981: 0.8151982: 0.8151983: 0.8151984: 0.8151985: 0.7721986: 0.7721987: 0.591988: 0.591989: 0.5651990: 0.5651991: 0.5651992: 0.5651993: 0.5651994: 0.5651995: 0.5651996: 0.6721997: 0.6721998: 0.6721999: 0.6722000: 0.6722001: 0.7712002: 0.7712003: 0.7712004: 0.7712005: 0.7712006: 0.7712007: 0.7712008: 0.7712009: 0.7712010: 0.7712011: 0.7712012: 0.7712013: 0.7712014: 0.771

Source: International Monetary Fund.

Analysis

In 2014, labor market, s1 - firing costs in Finland stood at 0.7706.

Compared with earlier readings it is unchanged over ten years.

Over the whole period, labor market, s1 - firing costs in Finland peaked at 0.8639 in 1973 and was at its lowest, 0.565, in 1989.

Finland ranks 32nd of 90 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 42 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.8569 0.8148 0.8639 7
1980s 0.7364 0.565 0.8148 10
1990s 0.6078 0.565 0.6721 10
2000s 0.7607 0.6721 0.7706 10
2010s 0.7706 0.7706 0.7706 5

Countries ranked near Finland

  1. 29 Ireland 0.7777 compare
  2. 30 Kazakhstan 0.7713 compare
  3. 30 Uzbekistan 0.7713 compare
  4. 33 Türkiye 0.7656 compare
  5. 34 Madagascar 0.7526 compare
  6. 35 Jamaica 0.7469 compare

See the full ranking of 90 places →

More work & labour data for Finland

All data for Finland →

Frequently asked questions

What is labor market, s1 - firing costs in Finland?
Labor market, s1 - firing costs in Finland was 0.7706 in 2014, according to International Monetary Fund.
What is the highest labor market, s1 - firing costs recorded in Finland?
The highest recorded value was 0.8639 in 1973.
What is the lowest labor market, s1 - firing costs recorded in Finland?
The lowest recorded value was 0.565 in 1989.
How does Finland rank for labor market, s1 - firing costs?
Finland ranks 32nd out of 90 countries with data for 2014.
Is labor market, s1 - firing costs rising or falling in Finland?
Over the last ten years it is unchanged. The long-run trend across the full record is falling.
Where does this Finland 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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Labor market, S1 - Firing costs in Finland. Statizoid, drawing on International Monetary Fund. Retrieved 21 August 2026, from https://labour.statizoid.com/stat/labor-market-s1-firing-costs/finland/

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About this data

Indicator
Labor market, S1 - Firing costs
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
90 places, 3,515 data points, 1973–2014
Last refreshed

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.