Labor market, S1 - Firing costs in Georgia

Georgia: Labor market, S1 - Firing costs was 0.6296 in 2014. β–² Rising

Latest (2014)
0.6296
Change on year
unchanged
World rank
51st
of 90 countries
All-time high
0.8148
in 2007
All-time low
0.5213
in 1993
Years of data
24
1991–2014

Labor market, S1 - Firing costs in Georgia, 1991–2014

00.20.40.60.81991200220141991: 0.5651992: 0.5651993: 0.5211994: 0.5211995: 0.5211996: 0.5211997: 0.5211998: 0.5651999: 0.5652000: 0.5652001: 0.5652002: 0.5652003: 0.5652004: 0.6572005: 0.6572006: 0.6572007: 0.8152008: 0.8152009: 0.8152010: 0.8152011: 0.8152012: 0.8152013: 0.632014: 0.63

Source: International Monetary Fund.

Analysis

Georgia recorded 0.6296 for labor market, s1 - firing costs in 2014.

That represents a change of down 4.2% over ten years.

Over the whole period, labor market, s1 - firing costs in Georgia peaked at 0.8148 in 2007 and was at its lowest, 0.5213, in 1993.

Georgia ranks 51st of 90 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 24 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.5406 0.5213 0.5648 9
2000s 0.6676 0.5648 0.8148 10
2010s 0.7407 0.6296 0.8148 5

Countries ranked near Georgia

  1. 48 France 0.6465 compare
  2. 49 Hungary 0.6431 compare
  3. 50 Thailand 0.6399 compare
  4. 51 Ukraine 0.6296 compare
  5. 53 Senegal 0.6266 compare
  6. 54 Sweden 0.6162 compare

See the full ranking of 90 places β†’

More work & labour data for Georgia

All data for Georgia β†’

Frequently asked questions

What is labor market, s1 - firing costs in Georgia?
Labor market, s1 - firing costs in Georgia was 0.6296 in 2014, according to International Monetary Fund.
What is the highest labor market, s1 - firing costs recorded in Georgia?
The highest recorded value was 0.8148 in 2007.
What is the lowest labor market, s1 - firing costs recorded in Georgia?
The lowest recorded value was 0.5213 in 1993.
How does Georgia rank for labor market, s1 - firing costs?
Georgia ranks 51st out of 90 countries with data for 2014.
Is labor market, s1 - firing costs rising or falling in Georgia?
Over the last ten years it is down 4.2%. The long-run trend across the full record is rising.
Where does this Georgia 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 Georgia. Statizoid, drawing on International Monetary Fund. Retrieved 20 August 2026, from https://labour.statizoid.com/stat/labor-market-s1-firing-costs/georgia/

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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.