Labor market, S1 - Firing costs in Philippines

Philippines: Labor market, S1 - Firing costs was 0.3148 in 2014. β–Ό Falling

Latest (2014)
0.3148
Change on year
unchanged
World rank
84th
of 90 countries
All-time high
0.6361
in 1973
All-time low
0.3148
in 1975
Years of data
42
1973–2014

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

00.20.40.61973199320141973: 0.6361974: 0.6361975: 0.3151976: 0.3151977: 0.3151978: 0.3151979: 0.3151980: 0.3151981: 0.3151982: 0.3151983: 0.3151984: 0.3151985: 0.3151986: 0.3151987: 0.3151988: 0.3151989: 0.3151990: 0.3151991: 0.3151992: 0.3151993: 0.3151994: 0.3151995: 0.3151996: 0.3151997: 0.3151998: 0.3151999: 0.3152000: 0.3152001: 0.3152002: 0.3152003: 0.3152004: 0.3152005: 0.3152006: 0.3152007: 0.3152008: 0.3152009: 0.3152010: 0.3152011: 0.3152012: 0.3152013: 0.3152014: 0.315

Source: International Monetary Fund.

Analysis

The most recent figure for labor market, s1 - firing costs in Philippines is 0.3148, measured 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 Philippines peaked at 0.6361 in 1973 and was at its lowest, 0.3148, in 1975.

That places Philippines 84th out of 90 countries with data for 2014, putting it in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.4066 0.3148 0.6361 7
1980s 0.3148 0.3148 0.3148 10
1990s 0.3148 0.3148 0.3148 10
2000s 0.3148 0.3148 0.3148 10
2010s 0.3148 0.3148 0.3148 5

Countries ranked near Philippines

  1. 81 Israel 0.3985 compare
  2. 82 Chile 0.393 compare
  3. 83 Paraguay 0.323 compare
  4. 84 China 0.3148 compare
  5. 86 Egypt 0.2833 compare
  6. 87 Lithuania 0.2536 compare

See the full ranking of 90 places β†’

More work & labour data for Philippines

All data for Philippines β†’

Frequently asked questions

What is labor market, s1 - firing costs in Philippines?
Labor market, s1 - firing costs in Philippines was 0.3148 in 2014, according to International Monetary Fund.
What is the highest labor market, s1 - firing costs recorded in Philippines?
The highest recorded value was 0.6361 in 1973.
What is the lowest labor market, s1 - firing costs recorded in Philippines?
The lowest recorded value was 0.3148 in 1975.
How does Philippines rank for labor market, s1 - firing costs?
Philippines ranks 84th out of 90 countries with data for 2014.
Is labor market, s1 - firing costs rising or falling in Philippines?
Over the last ten years it is unchanged. The long-run trend across the full record is falling.
Where does this Philippines 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 Philippines. Statizoid, drawing on International Monetary Fund. Retrieved 20 August 2026, from https://labour.statizoid.com/stat/labor-market-s1-firing-costs/philippines/

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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.