Labor market, S1 - Firing costs in Jamaica

Jamaica: Labor market, S1 - Firing costs was 0.7469 in 2014. ▼ Falling

Latest (2014)
0.7469
Change on year
unchanged
World rank
35th
of 90 countries
All-time high
0.9074
in 1973
All-time low
0.7469
in 1987
Years of data
42
1973–2014

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

00.20.40.60.811973199320141973: 0.9071974: 0.9071975: 0.7661976: 0.7661977: 0.7661978: 0.7661979: 0.7661980: 0.7661981: 0.7661982: 0.7661983: 0.7661984: 0.7661985: 0.7661986: 0.7661987: 0.7471988: 0.7471989: 0.7471990: 0.7471991: 0.7471992: 0.7471993: 0.7471994: 0.7471995: 0.7471996: 0.7471997: 0.7471998: 0.7471999: 0.7472000: 0.7472001: 0.7472002: 0.7472003: 0.7472004: 0.7472005: 0.7472006: 0.7472007: 0.7472008: 0.7472009: 0.7472010: 0.7472011: 0.7472012: 0.7472013: 0.7472014: 0.747

Source: International Monetary Fund.

Analysis

Jamaica recorded 0.7469 for labor market, s1 - firing costs in 2014. That is the lowest value across all 42 years on record.

The figure is unchanged over ten years.

Over the whole period, labor market, s1 - firing costs in Jamaica peaked at 0.9074 in 1973 and was at its lowest, 0.7469, in 1987.

Jamaica ranks 35th 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.

Labor market, S1 - Firing costs in Jamaica, year by year

Annual values for Labor market, S1 - Firing costs in Jamaica, 1973 to 2014.
Year Value Change
1973 0.9074
1974 0.9074 +0.0%
1975 0.766 -15.6%
1976 0.766 +0.0%
1977 0.766 +0.0%
1978 0.766 +0.0%
1979 0.766 +0.0%
1980 0.766 +0.0%
1981 0.766 +0.0%
1982 0.766 +0.0%
1983 0.766 +0.0%
1984 0.766 +0.0%
1985 0.766 +0.0%
1986 0.766 +0.0%
1987 0.7469 -2.5%
1988 0.7469 +0.0%
1989 0.7469 +0.0%
1990 0.7469 +0.0%
1991 0.7469 +0.0%
1992 0.7469 +0.0%
1993 0.7469 +0.0%
1994 0.7469 +0.0%
1995 0.7469 +0.0%
1996 0.7469 +0.0%
1997 0.7469 +0.0%
1998 0.7469 +0.0%
1999 0.7469 +0.0%
2000 0.7469 +0.0%
2001 0.7469 +0.0%
2002 0.7469 +0.0%
2003 0.7469 +0.0%
2004 0.7469 +0.0%
2005 0.7469 +0.0%
2006 0.7469 +0.0%
2007 0.7469 +0.0%
2008 0.7469 +0.0%
2009 0.7469 +0.0%
2010 0.7469 +0.0%
2011 0.7469 +0.0%
2012 0.7469 +0.0%
2013 0.7469 +0.0%
2014 0.7469 +0.0%

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.8064 0.766 0.9074 7
1980s 0.7603 0.7469 0.766 10
1990s 0.7469 0.7469 0.7469 10
2000s 0.7469 0.7469 0.7469 10
2010s 0.7469 0.7469 0.7469 5

Countries ranked near Jamaica

  1. 32 Finland 0.7706 compare
  2. 33 Türkiye 0.7656 compare
  3. 34 Madagascar 0.7526 compare
  4. 36 Norway 0.7461 compare
  5. 37 Kenya 0.7406 compare
  6. 38 Denmark 0.7347 compare

See the full ranking of 90 places →

More work & labour data for Jamaica

All data for Jamaica →

Frequently asked questions

What is labor market, s1 - firing costs in Jamaica?
Labor market, s1 - firing costs in Jamaica was 0.7469 in 2014, according to International Monetary Fund.
What is the highest labor market, s1 - firing costs recorded in Jamaica?
The highest recorded value was 0.9074 in 1973.
What is the lowest labor market, s1 - firing costs recorded in Jamaica?
The lowest recorded value was 0.7469 in 1987.
How does Jamaica rank for labor market, s1 - firing costs?
Jamaica ranks 35th out of 90 countries with data for 2014.
Is labor market, s1 - firing costs rising or falling in Jamaica?
Over the last ten years it is unchanged. The long-run trend across the full record is falling.
Where does this Jamaica 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.

Download this data

CSV · JSON — 42 observations, free to reuse under IMF Terms and Conditions (attribution required).

Share, cite or embed this page

Cite this page

Labor market, S1 - Firing costs in Jamaica. Statizoid, drawing on International Monetary Fund. Retrieved 24 August 2026, from https://labour.statizoid.com/stat/labor-market-s1-firing-costs/jamaica/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under IMF Terms and Conditions (attribution required); please keep the attribution.

<a href="https://labour.statizoid.com/stat/labor-market-s1-firing-costs/jamaica/">Labor market, S1 - Firing costs in Jamaica</a> — Statizoid

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.