Labor market, S1 - Valid grounds in Greece

Greece: Labor market, S1 - Valid grounds was 1 in 2014. ▲ Rising

Latest (2014)
1
Change on year
unchanged
World rank
1st
of 90 countries
All-time high
1
in 2011
All-time low
0.8322
in 1973
Years of data
42
1973–2014

Labor market, S1 - Valid grounds in Greece, 1973–2014

00.20.40.60.811973199320141973: 0.8321974: 0.8321975: 0.8321976: 0.8321977: 0.8321978: 0.8321979: 0.8321980: 0.8321981: 0.8321982: 0.8321983: 0.8321984: 0.8321985: 0.8321986: 0.8321987: 0.8321988: 0.8321989: 0.8321990: 0.8321991: 0.8321992: 0.8321993: 0.8321994: 0.8321995: 0.8321996: 0.8321997: 0.8321998: 0.8321999: 0.8322000: 0.8322001: 0.8322002: 0.8322003: 0.8322004: 0.8322005: 0.8322006: 0.8322007: 0.8322008: 0.8322009: 0.8322010: 0.8322011: 12012: 12013: 12014: 1

Source: International Monetary Fund.

Analysis

Greece recorded 1 for labor market, s1 - valid grounds in 2014. That is the highest value across all 42 years on record.

Compared with earlier readings it is up 20.2% over ten years.

Over the whole period, labor market, s1 - valid grounds in Greece peaked at 1 in 2011 and was at its lowest, 0.8322, in 1973.

That places Greece 1st out of 90 countries with data for 2014, putting it in the top 10%.

The long-run direction has been consistently rising across the 42 years of available data.

Labor market, S1 - Valid grounds in Greece, year by year

Annual values for Labor market, S1 - Valid grounds in Greece, 1973 to 2014.
Year Value Change
1973 0.8322 —
1974 0.8322 +0.0%
1975 0.8322 +0.0%
1976 0.8322 +0.0%
1977 0.8322 +0.0%
1978 0.8322 +0.0%
1979 0.8322 +0.0%
1980 0.8322 +0.0%
1981 0.8322 +0.0%
1982 0.8322 +0.0%
1983 0.8322 +0.0%
1984 0.8322 +0.0%
1985 0.8322 +0.0%
1986 0.8322 +0.0%
1987 0.8322 +0.0%
1988 0.8322 +0.0%
1989 0.8322 +0.0%
1990 0.8322 +0.0%
1991 0.8322 +0.0%
1992 0.8322 +0.0%
1993 0.8322 +0.0%
1994 0.8322 +0.0%
1995 0.8322 +0.0%
1996 0.8322 +0.0%
1997 0.8322 +0.0%
1998 0.8322 +0.0%
1999 0.8322 +0.0%
2000 0.8322 +0.0%
2001 0.8322 +0.0%
2002 0.8322 +0.0%
2003 0.8322 +0.0%
2004 0.8322 +0.0%
2005 0.8322 +0.0%
2006 0.8322 +0.0%
2007 0.8322 +0.0%
2008 0.8322 +0.0%
2009 0.8322 +0.0%
2010 0.8322 +0.0%
2011 1 +20.2%
2012 1 +0.0%
2013 1 +0.0%
2014 1 +0.0%

Greece compared with similar countries

  • Greece's 1 is above the median for high income countries, which is 0.7685, 1.3× the median. (37 countries reporting)
  • Greece's 1 is above the median for Europe & Central Asia, which is 0.7399, 1.4× the median. (34 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.8322 0.8322 0.8322 7
1980s 0.8322 0.8322 0.8322 10
1990s 0.8322 0.8322 0.8322 10
2000s 0.8322 0.8322 0.8322 10
2010s 0.9664 0.8322 1 5

Countries ranked near Greece

  1. 2 Uganda 0.9597 compare
  2. 3 Israel 0.8993 compare
  3. 3 Nigeria 0.8993 compare
  4. 3 Singapore 0.8993 compare
  5. 3 Uruguay 0.8993 compare
  6. 3 United States 0.8993 compare

See the full ranking of 90 places →

More work & labour data for Greece

All data for Greece →

Frequently asked questions

What is labor market, s1 - valid grounds in Greece?
Labor market, s1 - valid grounds in Greece was 1 in 2014, according to International Monetary Fund.
What is the highest labor market, s1 - valid grounds recorded in Greece?
The highest recorded value was 1 in 2011.
What is the lowest labor market, s1 - valid grounds recorded in Greece?
The lowest recorded value was 0.8322 in 1973.
How does Greece rank for labor market, s1 - valid grounds?
Greece ranks 1st out of 90 countries with data for 2014.
Is labor market, s1 - valid grounds rising or falling in Greece?
Over the last ten years it is up 20.2%. The long-run trend across the full record is rising.
Where does this Greece data come from?
The figures come from International Monetary Fund, published as part of Labor market, S1 - Valid grounds. Statizoid updates them automatically from the source API.

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Labor market, S1 - Valid grounds in Greece. Statizoid, drawing on International Monetary Fund. Retrieved 10 November 2026, from https://labour.statizoid.com/stat/labor-market-s1-valid-grounds/greece/

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About this data

Indicator
Labor market, S1 - Valid grounds
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.