Labor market, S1 - Firing costs in United Kingdom of Great Britain and Northern Ireland
United Kingdom of Great Britain and Northern Ireland: Labor market, S1 - Firing costs was 0.8448 in 2014. ▬ Flat
Labor market, S1 - Firing costs in United Kingdom of Great Britain and Northern Ireland, 1973–2014
Source: International Monetary Fund.
Analysis
The most recent figure for labor market, s1 - firing costs in United Kingdom of Great Britain and Northern Ireland is 0.8448, measured in 2014.
That represents a change of unchanged over ten years.
Over the whole period, labor market, s1 - firing costs in United Kingdom of Great Britain and Northern Ireland peaked at 0.8534 in 1973 and was at its lowest, 0.8146, in 1990.
That places United Kingdom of Great Britain and Northern Ireland 22nd out of 90 countries with data for 2014, putting it in the top quarter.
Labor market, S1 - Firing costs in United Kingdom of Great Britain and Northern Ireland, year by year
| Year | Value | Change |
|---|---|---|
| 1973 | 0.8534 | — |
| 1974 | 0.8534 | +0.0% |
| 1975 | 0.8534 | +0.0% |
| 1976 | 0.8534 | +0.0% |
| 1977 | 0.8534 | +0.0% |
| 1978 | 0.8367 | -2.0% |
| 1979 | 0.8367 | +0.0% |
| 1980 | 0.8367 | +0.0% |
| 1981 | 0.8367 | +0.0% |
| 1982 | 0.8367 | +0.0% |
| 1983 | 0.8367 | +0.0% |
| 1984 | 0.8367 | +0.0% |
| 1985 | 0.8367 | +0.0% |
| 1986 | 0.8367 | +0.0% |
| 1987 | 0.8367 | +0.0% |
| 1988 | 0.8367 | +0.0% |
| 1989 | 0.8367 | +0.0% |
| 1990 | 0.8146 | -2.6% |
| 1991 | 0.8146 | +0.0% |
| 1992 | 0.8146 | +0.0% |
| 1993 | 0.8146 | +0.0% |
| 1994 | 0.8146 | +0.0% |
| 1995 | 0.8146 | +0.0% |
| 1996 | 0.8146 | +0.0% |
| 1997 | 0.8448 | +3.7% |
| 1998 | 0.8448 | +0.0% |
| 1999 | 0.8448 | +0.0% |
| 2000 | 0.8448 | +0.0% |
| 2001 | 0.8448 | +0.0% |
| 2002 | 0.8448 | +0.0% |
| 2003 | 0.8448 | +0.0% |
| 2004 | 0.8448 | +0.0% |
| 2005 | 0.8448 | +0.0% |
| 2006 | 0.8448 | +0.0% |
| 2007 | 0.8448 | +0.0% |
| 2008 | 0.8448 | +0.0% |
| 2009 | 0.8448 | +0.0% |
| 2010 | 0.8448 | +0.0% |
| 2011 | 0.8448 | +0.0% |
| 2012 | 0.8448 | +0.0% |
| 2013 | 0.8448 | +0.0% |
| 2014 | 0.8448 | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.8487 | 0.8367 | 0.8534 | 7 |
| 1980s | 0.8367 | 0.8367 | 0.8367 | 10 |
| 1990s | 0.8237 | 0.8146 | 0.8448 | 10 |
| 2000s | 0.8448 | 0.8448 | 0.8448 | 10 |
| 2010s | 0.8448 | 0.8448 | 0.8448 | 5 |
Countries ranked near United Kingdom of Great Britain and Northern Ireland
More work & labour data for United Kingdom of Great Britain and Northern Ireland
- Persons outside the labour force (ILO modelled estimates) 22,956 (2027)
- Labour force participation rate (ILO modelled estimates) 60.91 (2027)
- Labour force (ILO modelled estimates) 35,770 (2027)
- Employment-to-population ratio (ILO modelled estimates) 57.91 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 1.47 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 0.4352 % change on previous year (2027)
- Legislation on sexual harassment in employment 1 (2023)
- Criminal penalties or civil remedies sexual harassment in employment 1 (2023)
- Women can take the same jobs as men 1 (2023)
- Labor force participation rate, total (% of total population ages 15+) 61.4% (2025)
All data for United Kingdom of Great Britain and Northern Ireland →
Frequently asked questions
- What is labor market, s1 - firing costs in United Kingdom of Great Britain and Northern Ireland?
- Labor market, s1 - firing costs in United Kingdom of Great Britain and Northern Ireland was 0.8448 in 2014, according to International Monetary Fund.
- What is the highest labor market, s1 - firing costs recorded in United Kingdom of Great Britain and Northern Ireland?
- The highest recorded value was 0.8534 in 1973.
- What is the lowest labor market, s1 - firing costs recorded in United Kingdom of Great Britain and Northern Ireland?
- The lowest recorded value was 0.8146 in 1990.
- How does United Kingdom of Great Britain and Northern Ireland rank for labor market, s1 - firing costs?
- United Kingdom of Great Britain and Northern Ireland ranks 22nd out of 90 countries with data for 2014.
- Is labor market, s1 - firing costs rising or falling in United Kingdom of Great Britain and Northern Ireland?
- Over the last ten years it is unchanged. The long-run trend across the full record is flat.
- Where does this United Kingdom of Great Britain and Northern Ireland 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.