Labor market, S1 - Firing costs in Thailand

Thailand: Labor market, S1 - Firing costs was 0.6399 in 2014. ▼ Falling

Latest (2014)
0.6399
Change on year
unchanged
World rank
50th
of 90 countries
All-time high
0.7259
in 1973
All-time low
0.6399
in 1995
Years of data
42
1973–2014

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

00.20.40.60.81973199320141973: 0.7261974: 0.7261975: 0.7261976: 0.7261977: 0.7261978: 0.7261979: 0.7261980: 0.7261981: 0.7261982: 0.7261983: 0.7261984: 0.7261985: 0.7261986: 0.7261987: 0.7261988: 0.7261989: 0.7261990: 0.7261991: 0.7261992: 0.7261993: 0.7261994: 0.7261995: 0.641996: 0.641997: 0.641998: 0.641999: 0.642000: 0.642001: 0.642002: 0.642003: 0.642004: 0.642005: 0.642006: 0.642007: 0.642008: 0.642009: 0.642010: 0.642011: 0.642012: 0.642013: 0.642014: 0.64

Source: International Monetary Fund.

Analysis

The most recent figure for labor market, s1 - firing costs in Thailand is 0.6399, measured in 2014. That is the lowest 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 Thailand peaked at 0.7259 in 1973 and was at its lowest, 0.6399, in 1995.

Thailand ranks 50th of 90 countries on this measure, 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 Thailand, year by year

Annual values for Labor market, S1 - Firing costs in Thailand, 1973 to 2014.
Year Value Change
1973 0.7259
1974 0.7259 +0.0%
1975 0.7259 +0.0%
1976 0.7259 +0.0%
1977 0.7259 +0.0%
1978 0.7259 +0.0%
1979 0.7259 +0.0%
1980 0.7259 +0.0%
1981 0.7259 +0.0%
1982 0.7259 +0.0%
1983 0.7259 +0.0%
1984 0.7259 +0.0%
1985 0.7259 +0.0%
1986 0.7259 +0.0%
1987 0.7259 +0.0%
1988 0.7259 +0.0%
1989 0.7259 +0.0%
1990 0.7259 +0.0%
1991 0.7259 +0.0%
1992 0.7259 +0.0%
1993 0.7259 +0.0%
1994 0.7259 +0.0%
1995 0.6399 -11.8%
1996 0.6399 +0.0%
1997 0.6399 +0.0%
1998 0.6399 +0.0%
1999 0.6399 +0.0%
2000 0.6399 +0.0%
2001 0.6399 +0.0%
2002 0.6399 +0.0%
2003 0.6399 +0.0%
2004 0.6399 +0.0%
2005 0.6399 +0.0%
2006 0.6399 +0.0%
2007 0.6399 +0.0%
2008 0.6399 +0.0%
2009 0.6399 +0.0%
2010 0.6399 +0.0%
2011 0.6399 +0.0%
2012 0.6399 +0.0%
2013 0.6399 +0.0%
2014 0.6399 +0.0%

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.7259 0.7259 0.7259 7
1980s 0.7259 0.7259 0.7259 10
1990s 0.6829 0.6399 0.7259 10
2000s 0.6399 0.6399 0.6399 10
2010s 0.6399 0.6399 0.6399 5

Countries ranked near Thailand

  1. 47 Tunisia 0.6473 compare
  2. 48 France 0.6465 compare
  3. 49 Hungary 0.6431 compare
  4. 51 Georgia 0.6296 compare
  5. 51 Ukraine 0.6296 compare
  6. 53 Senegal 0.6266 compare

See the full ranking of 90 places →

More work & labour data for Thailand

All data for Thailand →

Frequently asked questions

What is labor market, s1 - firing costs in Thailand?
Labor market, s1 - firing costs in Thailand was 0.6399 in 2014, according to International Monetary Fund.
What is the highest labor market, s1 - firing costs recorded in Thailand?
The highest recorded value was 0.7259 in 1973.
What is the lowest labor market, s1 - firing costs recorded in Thailand?
The lowest recorded value was 0.6399 in 1995.
How does Thailand rank for labor market, s1 - firing costs?
Thailand ranks 50th out of 90 countries with data for 2014.
Is labor market, s1 - firing costs rising or falling in Thailand?
Over the last ten years it is unchanged. The long-run trend across the full record is falling.
Where does this Thailand 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 Thailand. Statizoid, drawing on International Monetary Fund. Retrieved 22 August 2026, from https://labour.statizoid.com/stat/labor-market-s1-firing-costs/thailand/

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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.