Labor market, S1 - Firing costs in Ghana

Ghana: Labor market, S1 - Firing costs was 0.8564 in 2014. ▬ Flat

Latest (2014)
0.8564
Change on year
unchanged
World rank
21st
of 90 countries
All-time high
0.8564
in 1973
All-time low
0.8564
in 1973
Years of data
42
1973–2014

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

00.20.40.60.81973199320141973: 0.8561974: 0.8561975: 0.8561976: 0.8561977: 0.8561978: 0.8561979: 0.8561980: 0.8561981: 0.8561982: 0.8561983: 0.8561984: 0.8561985: 0.8561986: 0.8561987: 0.8561988: 0.8561989: 0.8561990: 0.8561991: 0.8561992: 0.8561993: 0.8561994: 0.8561995: 0.8561996: 0.8561997: 0.8561998: 0.8561999: 0.8562000: 0.8562001: 0.8562002: 0.8562003: 0.8562004: 0.8562005: 0.8562006: 0.8562007: 0.8562008: 0.8562009: 0.8562010: 0.8562011: 0.8562012: 0.8562013: 0.8562014: 0.856

Source: International Monetary Fund.

Analysis

Ghana recorded 0.8564 for labor market, s1 - firing costs in 2014. That is the highest 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 Ghana peaked at 0.8564 in 1973 and was at its lowest, 0.8564, in 1973.

Ghana ranks 21st of 90 countries on this measure, in the top quarter.

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.8564 0.8564 0.8564 7
1980s 0.8564 0.8564 0.8564 10
1990s 0.8564 0.8564 0.8564 10
2000s 0.8564 0.8564 0.8564 10
2010s 0.8564 0.8564 0.8564 5

Countries ranked near Ghana

  1. 18 Tanzania, United Republic of 0.8614 compare
  2. 19 Zimbabwe 0.8602 compare
  3. 20 Cameroon 0.858 compare
  4. 22 United Kingdom 0.8448 compare
  5. 23 Japan 0.8148 compare
  6. 24 Uganda 0.8131 compare

See the full ranking of 90 places →

More work & labour data for Ghana

All data for Ghana →

Frequently asked questions

What is labor market, s1 - firing costs in Ghana?
Labor market, s1 - firing costs in Ghana was 0.8564 in 2014, according to International Monetary Fund.
What is the highest labor market, s1 - firing costs recorded in Ghana?
The highest recorded value was 0.8564 in 1973.
What is the lowest labor market, s1 - firing costs recorded in Ghana?
The lowest recorded value was 0.8564 in 1973.
How does Ghana rank for labor market, s1 - firing costs?
Ghana ranks 21st out of 90 countries with data for 2014.
Is labor market, s1 - firing costs rising or falling in Ghana?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Ghana 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 Ghana. Statizoid, drawing on International Monetary Fund. Retrieved 22 August 2026, from https://labour.statizoid.com/stat/labor-market-s1-firing-costs/ghana/

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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.