Labor market, S1 - Firing costs in Romania
Romania: Labor market, S1 - Firing costs was 0.8759 in 2014. βΌ Falling
Labor market, S1 - Firing costs in Romania, 1973β2014
Source: International Monetary Fund.
Analysis
Romania recorded 0.8759 for labor market, s1 - firing costs in 2014.
Compared with earlier readings it is down 3.5% over ten years.
Over the whole period, labor market, s1 - firing costs in Romania peaked at 0.9074 in 1973 and was at its lowest, 0.8148, in 2007.
That places Romania 14th out of 90 countries with data for 2014, putting it in the top quarter.
The long-run direction has been consistently falling across the 42 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.9074 | 0.9074 | 0.9074 | 7 |
| 1980s | 0.9074 | 0.9074 | 0.9074 | 10 |
| 1990s | 0.9074 | 0.9074 | 0.9074 | 10 |
| 2000s | 0.8796 | 0.8148 | 0.9074 | 10 |
| 2010s | 0.8637 | 0.8148 | 0.8759 | 5 |
Countries ranked near Romania
- 11 South Africa 0.8788 compare
- 12 Jordan 0.8765 compare
- 12 Republic of Korea 0.8765 compare
- 15 Italy 0.8743 compare
- 16 Switzerland 0.8684 compare
- 17 Australia 0.8671 compare
More work & labour data for Romania
- Population - Est. & Proj. β Total Population - Both sexes, annual -0.7777 % change on previous year (2100)
- Population - Est. & Proj. β Total Population - Male, annual growth -0.7486 % change on previous year (2100)
- Population - Est. & Proj. β Total Population - Female, annual growth -0.8063 % change on previous year (2100)
- Population - Est. & Proj. β Rural population, annual growth rate -2.18 % change on previous year (2050)
- Population - Est. & Proj. β Urban population, annual growth rate 0.1264 % change on previous year (2050)
- Population - Est. & Proj. β Urban population 10,932 1000 No (2050)
- Population - Est. & Proj. β Rural population 5,465 1000 No (2050)
- Population - Est. & Proj. β Total Population - Female 5,408 1000 No (2100)
- Population - Est. & Proj. β Total Population - Male 5,360 1000 No (2100)
- Population - Est. & Proj. β Total Population - Both sexes 10,768 1000 No (2100)
Frequently asked questions
- What is labor market, s1 - firing costs in Romania?
- Labor market, s1 - firing costs in Romania was 0.8759 in 2014, according to International Monetary Fund.
- What is the highest labor market, s1 - firing costs recorded in Romania?
- The highest recorded value was 0.9074 in 1973.
- What is the lowest labor market, s1 - firing costs recorded in Romania?
- The lowest recorded value was 0.8148 in 2007.
- How does Romania rank for labor market, s1 - firing costs?
- Romania ranks 14th out of 90 countries with data for 2014.
- Is labor market, s1 - firing costs rising or falling in Romania?
- Over the last ten years it is down 3.5%. The long-run trend across the full record is falling.
- Where does this Romania 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.