Labor market, S1 - Firing costs in Peru
Peru: Labor market, S1 - Firing costs was 0.6088 in 2014. ▼ Falling
Labor market, S1 - Firing costs in Peru, 1973–2014
Source: International Monetary Fund.
Analysis
Peru recorded 0.6088 for labor market, s1 - firing costs in 2014.
Compared with earlier readings it is up 9.2% over ten years.
Over the whole period, labor market, s1 - firing costs in Peru peaked at 0.9074 in 1992 and was at its lowest, 0.5018, in 1997.
Peru ranks 56th 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 Peru, year by year
| Year | Value | Change |
|---|---|---|
| 1973 | 0.8148 | — |
| 1974 | 0.8148 | +0.0% |
| 1975 | 0.8148 | +0.0% |
| 1976 | 0.8148 | +0.0% |
| 1977 | 0.8148 | +0.0% |
| 1978 | 0.5529 | -32.1% |
| 1979 | 0.5529 | +0.0% |
| 1980 | 0.5529 | +0.0% |
| 1981 | 0.5529 | +0.0% |
| 1982 | 0.5529 | +0.0% |
| 1983 | 0.5529 | +0.0% |
| 1984 | 0.5529 | +0.0% |
| 1985 | 0.5529 | +0.0% |
| 1986 | 0.8148 | +47.4% |
| 1987 | 0.8148 | +0.0% |
| 1988 | 0.8148 | +0.0% |
| 1989 | 0.8148 | +0.0% |
| 1990 | 0.8148 | +0.0% |
| 1991 | 0.8148 | +0.0% |
| 1992 | 0.9074 | +11.4% |
| 1993 | 0.9074 | +0.0% |
| 1994 | 0.9074 | +0.0% |
| 1995 | 0.9074 | +0.0% |
| 1996 | 0.6068 | -33.1% |
| 1997 | 0.5018 | -17.3% |
| 1998 | 0.5018 | +0.0% |
| 1999 | 0.5018 | +0.0% |
| 2000 | 0.5018 | +0.0% |
| 2001 | 0.5018 | +0.0% |
| 2002 | 0.5018 | +0.0% |
| 2003 | 0.5018 | +0.0% |
| 2004 | 0.5574 | +11.1% |
| 2005 | 0.5574 | +0.0% |
| 2006 | 0.5574 | +0.0% |
| 2007 | 0.5574 | +0.0% |
| 2008 | 0.5574 | +0.0% |
| 2009 | 0.6088 | +9.2% |
| 2010 | 0.6088 | +0.0% |
| 2011 | 0.6088 | +0.0% |
| 2012 | 0.6088 | +0.0% |
| 2013 | 0.6088 | +0.0% |
| 2014 | 0.6088 | +0.0% |
Peru compared with similar countries
- Peru's 0.6088 is above the median for upper middle income countries, which is 0.5801, 1.0× the median. (28 countries reporting)
- Peru's 0.6088 is above the median for Latin America & Caribbean, which is 0.5594, 1.1× the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.74 | 0.5529 | 0.8148 | 7 |
| 1980s | 0.6577 | 0.5529 | 0.8148 | 10 |
| 1990s | 0.7371 | 0.5018 | 0.9074 | 10 |
| 2000s | 0.5403 | 0.5018 | 0.6088 | 10 |
| 2010s | 0.6088 | 0.6088 | 0.6088 | 5 |
Countries ranked near Peru
More work & labour data for Peru
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.4349 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.4225 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.4473 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.29 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.6786 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 35,667 1000 No (2050)
- Population - Est. & Proj. — Rural population 5,953 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 19,027 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 19,136 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 38,163 1000 No (2100)
Frequently asked questions
- What is labor market, s1 - firing costs in Peru?
- Labor market, s1 - firing costs in Peru was 0.6088 in 2014, according to International Monetary Fund.
- What is the highest labor market, s1 - firing costs recorded in Peru?
- The highest recorded value was 0.9074 in 1992.
- What is the lowest labor market, s1 - firing costs recorded in Peru?
- The lowest recorded value was 0.5018 in 1997.
- How does Peru rank for labor market, s1 - firing costs?
- Peru ranks 56th out of 90 countries with data for 2014.
- Is labor market, s1 - firing costs rising or falling in Peru?
- Over the last ten years it is up 9.2%. The long-run trend across the full record is falling.
- Where does this Peru 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.