Labor market, S1 - Firing costs in Russia
Russia: Labor market, S1 - Firing costs was 0.5648 in 2014. ▼ Falling
Labor market, S1 - Firing costs in Russia, 1973–2014
Source: International Monetary Fund.
Analysis
The most recent figure for labor market, s1 - firing costs in Russia is 0.5648, measured in 2014.
That represents a change of unchanged over ten years.
Over the whole period, labor market, s1 - firing costs in Russia peaked at 0.913 in 1973 and was at its lowest, 0.5213, in 1992.
That places Russia 65th 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.
Labor market, S1 - Firing costs in Russia, 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 | 0.5213 | -7.7% |
| 1993 | 0.5213 | +0.0% |
| 1994 | 0.5213 | +0.0% |
| 1995 | 0.5213 | +0.0% |
| 1996 | 0.5213 | +0.0% |
| 1997 | 0.5213 | +0.0% |
| 1998 | 0.5213 | +0.0% |
| 1999 | 0.5213 | +0.0% |
| 2000 | 0.5213 | +0.0% |
| 2001 | 0.5213 | +0.0% |
| 2002 | 0.5648 | +8.3% |
| 2003 | 0.5648 | +0.0% |
| 2004 | 0.5648 | +0.0% |
| 2005 | 0.5648 | +0.0% |
| 2006 | 0.5648 | +0.0% |
| 2007 | 0.5648 | +0.0% |
| 2008 | 0.5648 | +0.0% |
| 2009 | 0.5648 | +0.0% |
| 2010 | 0.5648 | +0.0% |
| 2011 | 0.5648 | +0.0% |
| 2012 | 0.5648 | +0.0% |
| 2013 | 0.5648 | +0.0% |
| 2014 | 0.5648 | +0.0% |
Russia compared with similar countries
- Russia's 0.5648 is below the median for high income countries, which is 0.7347, 77% of the median. (37 countries reporting)
- Russia's 0.5648 is below the median for Europe & Central Asia, which is 0.6949, 81% 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 | 0.53 | 0.5213 | 0.5648 | 10 |
| 2000s | 0.5561 | 0.5213 | 0.5648 | 10 |
| 2010s | 0.5648 | 0.5648 | 0.5648 | 5 |
Countries ranked near Russia
More work & labour data for Russia
- Persons outside the labour force (ILO modelled estimates) 48,131 (2027)
- Labour force participation rate (ILO modelled estimates) 59.78 (2027)
- Labour force (ILO modelled estimates) 71,526 (2027)
- Unemployment rate (ILO modelled estimates) 1.83 (2027)
- Labour dependency ratio 1.04 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 89,043 (2027)
- Output per worker, GDP constant 2015 US $ 23,578 (2027)
- Employment-to-population ratio (ILO modelled estimates) 58.68 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 1.81 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate -0.8326 % change on previous year (2027)
Frequently asked questions
- What is labor market, s1 - firing costs in Russia?
- Labor market, s1 - firing costs in Russia was 0.5648 in 2014, according to International Monetary Fund.
- What is the highest labor market, s1 - firing costs recorded in Russia?
- The highest recorded value was 0.913 in 1973.
- What is the lowest labor market, s1 - firing costs recorded in Russia?
- The lowest recorded value was 0.5213 in 1992.
- How does Russia rank for labor market, s1 - firing costs?
- Russia ranks 65th out of 90 countries with data for 2014.
- Is labor market, s1 - firing costs rising or falling in Russia?
- Over the last ten years it is unchanged. The long-run trend across the full record is falling.
- Where does this Russia 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.