Labor market, S1 - Firing costs in Turkey
Turkey: Labor market, S1 - Firing costs was 0.7656 in 2014. ▬ Flat
Labor market, S1 - Firing costs in Turkey, 1973–2014
Source: International Monetary Fund.
Analysis
Turkey recorded 0.7656 for labor market, s1 - firing costs in 2014. That is the highest value across all 42 years on record.
That represents a change of unchanged over ten years.
Over the whole period, labor market, s1 - firing costs in Turkey peaked at 0.7656 in 1973 and was at its lowest, 0.7656, in 1973.
That places Turkey 33rd out of 90 countries with data for 2014, putting it in the middle of the range.
Labor market, S1 - Firing costs in Turkey, year by year
| Year | Value | Change |
|---|---|---|
| 1973 | 0.7656 | — |
| 1974 | 0.7656 | +0.0% |
| 1975 | 0.7656 | +0.0% |
| 1976 | 0.7656 | +0.0% |
| 1977 | 0.7656 | +0.0% |
| 1978 | 0.7656 | +0.0% |
| 1979 | 0.7656 | +0.0% |
| 1980 | 0.7656 | +0.0% |
| 1981 | 0.7656 | +0.0% |
| 1982 | 0.7656 | +0.0% |
| 1983 | 0.7656 | +0.0% |
| 1984 | 0.7656 | +0.0% |
| 1985 | 0.7656 | +0.0% |
| 1986 | 0.7656 | +0.0% |
| 1987 | 0.7656 | +0.0% |
| 1988 | 0.7656 | +0.0% |
| 1989 | 0.7656 | +0.0% |
| 1990 | 0.7656 | +0.0% |
| 1991 | 0.7656 | +0.0% |
| 1992 | 0.7656 | +0.0% |
| 1993 | 0.7656 | +0.0% |
| 1994 | 0.7656 | +0.0% |
| 1995 | 0.7656 | +0.0% |
| 1996 | 0.7656 | +0.0% |
| 1997 | 0.7656 | +0.0% |
| 1998 | 0.7656 | +0.0% |
| 1999 | 0.7656 | +0.0% |
| 2000 | 0.7656 | +0.0% |
| 2001 | 0.7656 | +0.0% |
| 2002 | 0.7656 | +0.0% |
| 2003 | 0.7656 | +0.0% |
| 2004 | 0.7656 | +0.0% |
| 2005 | 0.7656 | +0.0% |
| 2006 | 0.7656 | +0.0% |
| 2007 | 0.7656 | +0.0% |
| 2008 | 0.7656 | +0.0% |
| 2009 | 0.7656 | +0.0% |
| 2010 | 0.7656 | +0.0% |
| 2011 | 0.7656 | +0.0% |
| 2012 | 0.7656 | +0.0% |
| 2013 | 0.7656 | +0.0% |
| 2014 | 0.7656 | +0.0% |
Turkey compared with similar countries
- Turkey's 0.7656 is above the median for upper middle income countries, which is 0.5801, 1.3× the median. (28 countries reporting)
- Turkey's 0.7656 is above the median for Europe & Central Asia, which is 0.6949, 1.1× the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.7656 | 0.7656 | 0.7656 | 7 |
| 1980s | 0.7656 | 0.7656 | 0.7656 | 10 |
| 1990s | 0.7656 | 0.7656 | 0.7656 | 10 |
| 2000s | 0.7656 | 0.7656 | 0.7656 | 10 |
| 2010s | 0.7656 | 0.7656 | 0.7656 | 5 |
Countries ranked near Turkey
- 30 Kazakhstan 0.7713 compare
- 30 Uzbekistan 0.7713 compare
- 32 Finland 0.7706 compare
- 34 Madagascar 0.7526 compare
- 35 Jamaica 0.7469 compare
- 36 Norway 0.7461 compare
More work & labour data for Turkey
- Persons outside the labour force (ILO modelled estimates) 31,966 (2027)
- Labour force participation rate (ILO modelled estimates) 54.63 (2027)
- Labour force (ILO modelled estimates) 38,497 (2027)
- Unemployment rate (ILO modelled estimates) 8.78 (2027)
- Labour dependency ratio 1.51 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 95,928 (2027)
- Output per worker, GDP constant 2015 US $ 41,171 (2027)
- Employment-to-population ratio (ILO modelled estimates) 49.84 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 0.6505 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 1.11 % change on previous year (2027)
Frequently asked questions
- What is labor market, s1 - firing costs in Turkey?
- Labor market, s1 - firing costs in Turkey was 0.7656 in 2014, according to International Monetary Fund.
- What is the highest labor market, s1 - firing costs recorded in Turkey?
- The highest recorded value was 0.7656 in 1973.
- What is the lowest labor market, s1 - firing costs recorded in Turkey?
- The lowest recorded value was 0.7656 in 1973.
- How does Turkey rank for labor market, s1 - firing costs?
- Turkey ranks 33rd out of 90 countries with data for 2014.
- Is labor market, s1 - firing costs rising or falling in Turkey?
- Over the last ten years it is unchanged. The long-run trend across the full record is flat.
- Where does this Turkey 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.