Labor market, S1 - Firing costs in Tanzania
Tanzania: Labor market, S1 - Firing costs was 0.8614 in 2014. ▲ Rising
Labor market, S1 - Firing costs in Tanzania, 1973–2014
Source: International Monetary Fund.
Analysis
Tanzania recorded 0.8614 for labor market, s1 - firing costs in 2014. That is the highest value across all 42 years on record.
Compared with earlier readings it is unchanged over ten years.
Over the whole period, labor market, s1 - firing costs in Tanzania peaked at 0.8614 in 2004 and was at its lowest, 0.7243, in 1973.
Tanzania ranks 18th of 90 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 42 years of available data.
Labor market, S1 - Firing costs in Tanzania, year by year
| Year | Value | Change |
|---|---|---|
| 1973 | 0.7243 | — |
| 1974 | 0.7243 | +0.0% |
| 1975 | 0.7243 | +0.0% |
| 1976 | 0.7243 | +0.0% |
| 1977 | 0.7243 | +0.0% |
| 1978 | 0.7243 | +0.0% |
| 1979 | 0.7243 | +0.0% |
| 1980 | 0.7243 | +0.0% |
| 1981 | 0.7243 | +0.0% |
| 1982 | 0.7243 | +0.0% |
| 1983 | 0.7243 | +0.0% |
| 1984 | 0.7243 | +0.0% |
| 1985 | 0.7243 | +0.0% |
| 1986 | 0.7243 | +0.0% |
| 1987 | 0.7243 | +0.0% |
| 1988 | 0.7243 | +0.0% |
| 1989 | 0.7243 | +0.0% |
| 1990 | 0.7243 | +0.0% |
| 1991 | 0.7243 | +0.0% |
| 1992 | 0.7243 | +0.0% |
| 1993 | 0.7243 | +0.0% |
| 1994 | 0.7243 | +0.0% |
| 1995 | 0.7243 | +0.0% |
| 1996 | 0.7243 | +0.0% |
| 1997 | 0.7243 | +0.0% |
| 1998 | 0.7243 | +0.0% |
| 1999 | 0.7243 | +0.0% |
| 2000 | 0.7243 | +0.0% |
| 2001 | 0.7243 | +0.0% |
| 2002 | 0.7243 | +0.0% |
| 2003 | 0.7243 | +0.0% |
| 2004 | 0.8614 | +18.9% |
| 2005 | 0.8614 | +0.0% |
| 2006 | 0.8614 | +0.0% |
| 2007 | 0.8614 | +0.0% |
| 2008 | 0.8614 | +0.0% |
| 2009 | 0.8614 | +0.0% |
| 2010 | 0.8614 | +0.0% |
| 2011 | 0.8614 | +0.0% |
| 2012 | 0.8614 | +0.0% |
| 2013 | 0.8614 | +0.0% |
| 2014 | 0.8614 | +0.0% |
Tanzania compared with similar countries
- Tanzania's 0.8614 is above the median for lower middle income countries, which is 0.7181, 1.2× the median. (20 countries reporting)
- Tanzania's 0.8614 is above the median for Sub-Saharan Africa, which is 0.8347, 1.0× the median. (14 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.7243 | 0.7243 | 0.7243 | 7 |
| 1980s | 0.7243 | 0.7243 | 0.7243 | 10 |
| 1990s | 0.7243 | 0.7243 | 0.7243 | 10 |
| 2000s | 0.8065 | 0.7243 | 0.8614 | 10 |
| 2010s | 0.8614 | 0.8614 | 0.8614 | 5 |
Countries ranked near Tanzania
More work & labour data for Tanzania
- Persons outside the labour force (ILO modelled estimates) 7,078 (2027)
- Labour force participation rate (ILO modelled estimates) 83.66 (2027)
- Labour force (ILO modelled estimates) 36,231 (2027)
- Unemployment rate (ILO modelled estimates) 1.52 (2027)
- Labour dependency ratio 1.09 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 8,562 (2027)
- Output per worker, GDP constant 2015 US $ 2,584 (2027)
- Employment-to-population ratio (ILO modelled estimates) 82.38 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 3.35 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 3.13 % change on previous year (2027)
Frequently asked questions
- What is labor market, s1 - firing costs in Tanzania?
- Labor market, s1 - firing costs in Tanzania was 0.8614 in 2014, according to International Monetary Fund.
- What is the highest labor market, s1 - firing costs recorded in Tanzania?
- The highest recorded value was 0.8614 in 2004.
- What is the lowest labor market, s1 - firing costs recorded in Tanzania?
- The lowest recorded value was 0.7243 in 1973.
- How does Tanzania rank for labor market, s1 - firing costs?
- Tanzania ranks 18th out of 90 countries with data for 2014.
- Is labor market, s1 - firing costs rising or falling in Tanzania?
- Over the last ten years it is unchanged. The long-run trend across the full record is rising.
- Where does this Tanzania 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.