Labor market, S1 - Firing costs in Lithuania
Lithuania: Labor market, S1 - Firing costs was 0.2536 in 2014. ◆ Volatile
Labor market, S1 - Firing costs in Lithuania, 1973–2014
Source: International Monetary Fund.
Analysis
Lithuania recorded 0.2536 for labor market, s1 - firing costs in 2014. That is the lowest value across all 42 years on record.
That represents a change of unchanged over ten years.
Over the whole period, labor market, s1 - firing costs in Lithuania peaked at 0.913 in 1973 and was at its lowest, 0.2536, in 2003.
That places Lithuania 87th out of 90 countries with data for 2014, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Labor market, S1 - Firing costs in Lithuania, year by year
| Year | Value | Change |
|---|---|---|
| 1973 | 0.913 | — |
| 1974 | 0.913 | +0.0% |
| 1975 | 0.913 | +0.0% |
| 1976 | 0.913 | +0.0% |
| 1977 | 0.913 | +0.0% |
| 1978 | 0.913 | +0.0% |
| 1979 | 0.913 | +0.0% |
| 1980 | 0.913 | +0.0% |
| 1981 | 0.913 | +0.0% |
| 1982 | 0.913 | +0.0% |
| 1983 | 0.913 | +0.0% |
| 1984 | 0.913 | +0.0% |
| 1985 | 0.913 | +0.0% |
| 1986 | 0.913 | +0.0% |
| 1987 | 0.913 | +0.0% |
| 1988 | 0.5648 | -38.1% |
| 1989 | 0.5648 | +0.0% |
| 1990 | 0.5648 | +0.0% |
| 1991 | 0.5648 | +0.0% |
| 1992 | 0.385 | -31.8% |
| 1993 | 0.385 | +0.0% |
| 1994 | 0.3276 | -14.9% |
| 1995 | 0.3276 | +0.0% |
| 1996 | 0.3276 | +0.0% |
| 1997 | 0.3276 | +0.0% |
| 1998 | 0.3276 | +0.0% |
| 1999 | 0.3276 | +0.0% |
| 2000 | 0.3276 | +0.0% |
| 2001 | 0.3276 | +0.0% |
| 2002 | 0.3276 | +0.0% |
| 2003 | 0.2536 | -22.6% |
| 2004 | 0.2536 | +0.0% |
| 2005 | 0.2536 | +0.0% |
| 2006 | 0.2536 | +0.0% |
| 2007 | 0.2536 | +0.0% |
| 2008 | 0.2536 | +0.0% |
| 2009 | 0.2536 | +0.0% |
| 2010 | 0.2536 | +0.0% |
| 2011 | 0.2536 | +0.0% |
| 2012 | 0.2536 | +0.0% |
| 2013 | 0.2536 | +0.0% |
| 2014 | 0.2536 | +0.0% |
Lithuania compared with similar countries
- Lithuania's 0.2536 is below the median for high income countries, which is 0.7347, 35% of the median. (37 countries reporting)
- Lithuania's 0.2536 is below the median for Europe & Central Asia, which is 0.6949, 36% of the median. (34 countries reporting)
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 | 0.3865 | 0.3276 | 0.5648 | 10 |
| 2000s | 0.2758 | 0.2536 | 0.3276 | 10 |
| 2010s | 0.2536 | 0.2536 | 0.2536 | 5 |
Countries ranked near Lithuania
More work & labour data for Lithuania
- Population - Est. & Proj. — Total Population - Both sexes, annual -1.28 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -1.24 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -1.32 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -2.22 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate -0.1248 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 1,880 1000 No (2050)
- Population - Est. & Proj. — Rural population 526.79 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 615.89 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 592.78 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 1,209 1000 No (2100)
Frequently asked questions
- What is labor market, s1 - firing costs in Lithuania?
- Labor market, s1 - firing costs in Lithuania was 0.2536 in 2014, according to International Monetary Fund.
- What is the highest labor market, s1 - firing costs recorded in Lithuania?
- The highest recorded value was 0.913 in 1973.
- What is the lowest labor market, s1 - firing costs recorded in Lithuania?
- The lowest recorded value was 0.2536 in 2003.
- How does Lithuania rank for labor market, s1 - firing costs?
- Lithuania ranks 87th out of 90 countries with data for 2014.
- Is labor market, s1 - firing costs rising or falling in Lithuania?
- Over the last ten years it is unchanged. The long-run trend across the full record is volatile.
- Where does this Lithuania 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.