Labor market, S1 - Firing costs in Greece

Greece: Labor market, S1 - Firing costs was 0.7964 in 2014. β–² Rising

Latest (2014)
0.7964
Change on year
unchanged
World rank
27th
of 90 countries
All-time high
0.7964
in 2013
All-time low
0.6264
in 1996
Years of data
42
1973–2014

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

00.20.40.60.81973199320141973: 0.6271974: 0.6271975: 0.6271976: 0.6271977: 0.6271978: 0.6271979: 0.6271980: 0.6271981: 0.6271982: 0.6271983: 0.6271984: 0.6271985: 0.6271986: 0.6271987: 0.6271988: 0.6271989: 0.6271990: 0.6271991: 0.6271992: 0.6271993: 0.6271994: 0.6271995: 0.6271996: 0.6261997: 0.6261998: 0.6261999: 0.6262000: 0.6262001: 0.6262002: 0.6262003: 0.6262004: 0.6262005: 0.6262006: 0.6262007: 0.6262008: 0.6262009: 0.6262010: 0.6262011: 0.7952012: 0.7952013: 0.7962014: 0.796

Source: International Monetary Fund.

Analysis

The most recent figure for labor market, s1 - firing costs in Greece is 0.7964, measured in 2014. That is the highest value across all 42 years on record.

The figure is up 27.2% over ten years.

Over the whole period, labor market, s1 - firing costs in Greece peaked at 0.7964 in 2013 and was at its lowest, 0.6264, in 1996.

Greece ranks 27th of 90 countries on this measure, in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.6272 0.6272 0.6272 7
1980s 0.6272 0.6272 0.6272 10
1990s 0.6269 0.6264 0.6272 10
2000s 0.6264 0.6264 0.6264 10
2010s 0.762 0.6264 0.7964 5

Countries ranked near Greece

  1. 24 Uganda 0.8131 compare
  2. 25 Austria 0.8108 compare
  3. 26 India 0.8104 compare
  4. 28 CΓ΄te d'Ivoire 0.7957 compare
  5. 29 Ireland 0.7777 compare
  6. 30 Kazakhstan 0.7713 compare
  7. 30 Uzbekistan 0.7713 compare

See the full ranking of 90 places β†’

More work & labour data for Greece

All data for Greece β†’

Frequently asked questions

What is labor market, s1 - firing costs in Greece?
Labor market, s1 - firing costs in Greece was 0.7964 in 2014, according to International Monetary Fund.
What is the highest labor market, s1 - firing costs recorded in Greece?
The highest recorded value was 0.7964 in 2013.
What is the lowest labor market, s1 - firing costs recorded in Greece?
The lowest recorded value was 0.6264 in 1996.
How does Greece rank for labor market, s1 - firing costs?
Greece ranks 27th out of 90 countries with data for 2014.
Is labor market, s1 - firing costs rising or falling in Greece?
Over the last ten years it is up 27.2%. The long-run trend across the full record is rising.
Where does this Greece 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 Greece. Statizoid, drawing on International Monetary Fund. Retrieved 20 August 2026, from https://labour.statizoid.com/stat/labor-market-s1-firing-costs/greece/

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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.