Labor market, S1 - Firing costs in South Africa
South Africa: Labor market, S1 - Firing costs was 0.8788 in 2014. ▼ Falling
Labor market, S1 - Firing costs in South Africa, 1973–2014
Source: International Monetary Fund.
Analysis
The most recent figure for labor market, s1 - firing costs in South Africa is 0.8788, measured in 2014.
The figure is unchanged over ten years.
Over the whole period, labor market, s1 - firing costs in South Africa peaked at 1 in 1973 and was at its lowest, 0.8531, in 1997.
South Africa ranks 11th of 90 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 42 years of available data.
Labor market, S1 - Firing costs in South Africa, year by year
| Year | Value | Change |
|---|---|---|
| 1973 | 1 | — |
| 1974 | 1 | +0.0% |
| 1975 | 1 | +0.0% |
| 1976 | 1 | +0.0% |
| 1977 | 1 | +0.0% |
| 1978 | 1 | +0.0% |
| 1979 | 1 | +0.0% |
| 1980 | 1 | +0.0% |
| 1981 | 1 | +0.0% |
| 1982 | 1 | +0.0% |
| 1983 | 0.913 | -8.7% |
| 1984 | 0.913 | +0.0% |
| 1985 | 0.913 | +0.0% |
| 1986 | 0.913 | +0.0% |
| 1987 | 0.913 | +0.0% |
| 1988 | 0.913 | +0.0% |
| 1989 | 0.913 | +0.0% |
| 1990 | 0.913 | +0.0% |
| 1991 | 0.913 | +0.0% |
| 1992 | 0.913 | +0.0% |
| 1993 | 0.913 | +0.0% |
| 1994 | 0.913 | +0.0% |
| 1995 | 0.913 | +0.0% |
| 1996 | 0.913 | +0.0% |
| 1997 | 0.8531 | -6.6% |
| 1998 | 0.8788 | +3.0% |
| 1999 | 0.8788 | +0.0% |
| 2000 | 0.8788 | +0.0% |
| 2001 | 0.8788 | +0.0% |
| 2002 | 0.8788 | +0.0% |
| 2003 | 0.8788 | +0.0% |
| 2004 | 0.8788 | +0.0% |
| 2005 | 0.8788 | +0.0% |
| 2006 | 0.8788 | +0.0% |
| 2007 | 0.8788 | +0.0% |
| 2008 | 0.8788 | +0.0% |
| 2009 | 0.8788 | +0.0% |
| 2010 | 0.8788 | +0.0% |
| 2011 | 0.8788 | +0.0% |
| 2012 | 0.8788 | +0.0% |
| 2013 | 0.8788 | +0.0% |
| 2014 | 0.8788 | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1 | 1 | 1 | 7 |
| 1980s | 0.9391 | 0.913 | 1 | 10 |
| 1990s | 0.9001 | 0.8531 | 0.913 | 10 |
| 2000s | 0.8788 | 0.8788 | 0.8788 | 10 |
| 2010s | 0.8788 | 0.8788 | 0.8788 | 5 |
Countries ranked near South Africa
- 8 Costa Rica 0.8942 compare
- 9 Netherlands 0.8912 compare
- 10 Burkina Faso 0.8833 compare
- 12 Jordan 0.8765 compare
- 12 South Korea 0.8765 compare
- 14 Romania 0.8759 compare
More work & labour data for South Africa
- Population - Est. & Proj. — Total Population - Both sexes, annual 0.2264 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth 0.242 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth 0.2122 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.23 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.8748 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 58,057 1000 No (2050)
- Population - Est. & Proj. — Rural population 14,698 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 49,126 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 45,189 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 94,314 1000 No (2100)
Frequently asked questions
- What is labor market, s1 - firing costs in South Africa?
- Labor market, s1 - firing costs in South Africa was 0.8788 in 2014, according to International Monetary Fund.
- What is the highest labor market, s1 - firing costs recorded in South Africa?
- The highest recorded value was 1 in 1973.
- What is the lowest labor market, s1 - firing costs recorded in South Africa?
- The lowest recorded value was 0.8531 in 1997.
- How does South Africa rank for labor market, s1 - firing costs?
- South Africa ranks 11th out of 90 countries with data for 2014.
- Is labor market, s1 - firing costs rising or falling in South Africa?
- Over the last ten years it is unchanged. The long-run trend across the full record is falling.
- Where does this South Africa 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.