Labor market, S1 - Firing costs in Latvia
Latvia: Labor market, S1 - Firing costs was 0.5711 in 2014. βΌ Falling
Labor market, S1 - Firing costs in Latvia, 1973β2014
Source: International Monetary Fund.
Analysis
Latvia recorded 0.5711 for labor market, s1 - firing costs in 2014.
The figure is down 9.3% over ten years.
Over the whole period, labor market, s1 - firing costs in Latvia peaked at 0.913 in 1973 and was at its lowest, 0.4722, in 1992.
That places Latvia 64th out of 90 countries with data for 2014, putting it in the middle of the range.
The long-run direction has been consistently falling across the 42 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.913 | 0.913 | 0.913 | 7 |
| 1980s | 0.8433 | 0.5648 | 0.913 | 10 |
| 1990s | 0.5694 | 0.4722 | 0.6296 | 10 |
| 2000s | 0.6189 | 0.5711 | 0.7222 | 10 |
| 2010s | 0.5711 | 0.5711 | 0.5711 | 5 |
Countries ranked near Latvia
More work & labour data for Latvia
- Population - Est. & Proj. β Total Population - Both sexes, annual -1.02 % change on previous year (2100)
- Population - Est. & Proj. β Total Population - Male, annual growth -1 % change on previous year (2100)
- Population - Est. & Proj. β Total Population - Female, annual growth -1.04 % change on previous year (2100)
- Population - Est. & Proj. β Rural population, annual growth rate -1.94 % change on previous year (2050)
- Population - Est. & Proj. β Urban population, annual growth rate -0.2718 % change on previous year (2050)
- Population - Est. & Proj. β Urban population 1,152 1000 No (2050)
- Population - Est. & Proj. β Rural population 365.13 1000 No (2050)
- Population - Est. & Proj. β Total Population - Female 470.3 1000 No (2100)
- Population - Est. & Proj. β Total Population - Male 455.07 1000 No (2100)
- Population - Est. & Proj. β Total Population - Both sexes 925.37 1000 No (2100)
Frequently asked questions
- What is labor market, s1 - firing costs in Latvia?
- Labor market, s1 - firing costs in Latvia was 0.5711 in 2014, according to International Monetary Fund.
- What is the highest labor market, s1 - firing costs recorded in Latvia?
- The highest recorded value was 0.913 in 1973.
- What is the lowest labor market, s1 - firing costs recorded in Latvia?
- The lowest recorded value was 0.4722 in 1992.
- How does Latvia rank for labor market, s1 - firing costs?
- Latvia ranks 64th out of 90 countries with data for 2014.
- Is labor market, s1 - firing costs rising or falling in Latvia?
- Over the last ten years it is down 9.3%. The long-run trend across the full record is falling.
- Where does this Latvia 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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About this data
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.