Labor market, S1 - Valid grounds in Hong Kong
Hong Kong: Labor market, S1 - Valid grounds was 0.8591 in 2014. ▼ Falling
Labor market, S1 - Valid grounds in Hong Kong, 1973–2014
Source: International Monetary Fund.
Analysis
Hong Kong recorded 0.8591 for labor market, s1 - valid grounds 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 - valid grounds in Hong Kong peaked at 0.8993 in 1973 and was at its lowest, 0.8591, in 1997.
That places Hong Kong 8th out of 90 countries with data for 2014, putting it in the top 10%.
The long-run direction has been consistently falling across the 42 years of available data.
Labor market, S1 - Valid grounds in Hong Kong, year by year
| Year | Value | Change |
|---|---|---|
| 1973 | 0.8993 | — |
| 1974 | 0.8993 | +0.0% |
| 1975 | 0.8993 | +0.0% |
| 1976 | 0.8993 | +0.0% |
| 1977 | 0.8993 | +0.0% |
| 1978 | 0.8993 | +0.0% |
| 1979 | 0.8993 | +0.0% |
| 1980 | 0.8993 | +0.0% |
| 1981 | 0.8993 | +0.0% |
| 1982 | 0.8993 | +0.0% |
| 1983 | 0.8993 | +0.0% |
| 1984 | 0.8993 | +0.0% |
| 1985 | 0.8993 | +0.0% |
| 1986 | 0.8993 | +0.0% |
| 1987 | 0.8993 | +0.0% |
| 1988 | 0.8993 | +0.0% |
| 1989 | 0.8993 | +0.0% |
| 1990 | 0.8993 | +0.0% |
| 1991 | 0.8993 | +0.0% |
| 1992 | 0.8993 | +0.0% |
| 1993 | 0.8993 | +0.0% |
| 1994 | 0.8993 | +0.0% |
| 1995 | 0.8993 | +0.0% |
| 1996 | 0.8993 | +0.0% |
| 1997 | 0.8591 | -4.5% |
| 1998 | 0.8591 | +0.0% |
| 1999 | 0.8591 | +0.0% |
| 2000 | 0.8591 | +0.0% |
| 2001 | 0.8591 | +0.0% |
| 2002 | 0.8591 | +0.0% |
| 2003 | 0.8591 | +0.0% |
| 2004 | 0.8591 | +0.0% |
| 2005 | 0.8591 | +0.0% |
| 2006 | 0.8591 | +0.0% |
| 2007 | 0.8591 | +0.0% |
| 2008 | 0.8591 | +0.0% |
| 2009 | 0.8591 | +0.0% |
| 2010 | 0.8591 | +0.0% |
| 2011 | 0.8591 | +0.0% |
| 2012 | 0.8591 | +0.0% |
| 2013 | 0.8591 | +0.0% |
| 2014 | 0.8591 | +0.0% |
Hong Kong compared with similar countries
- Hong Kong's 0.8591 is above the median for high income countries, which is 0.7685, 1.1× the median. (37 countries reporting)
- Hong Kong's 0.8591 is above the median for East Asia & Pacific, which is 0.8037, 1.1× the median. (12 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.8993 | 0.8993 | 0.8993 | 7 |
| 1980s | 0.8993 | 0.8993 | 0.8993 | 10 |
| 1990s | 0.8872 | 0.8591 | 0.8993 | 10 |
| 2000s | 0.8591 | 0.8591 | 0.8591 | 10 |
| 2010s | 0.8591 | 0.8591 | 0.8591 | 5 |
Countries ranked near Hong Kong
More work & labour data for Hong Kong
- Persons outside the labour force (ILO modelled estimates) 2,981 (2027)
- Labour force participation rate (ILO modelled estimates) 55.13 (2027)
- Labour force (ILO modelled estimates) 3,663 (2027)
- Unemployment rate (ILO modelled estimates) 2.78 (2027)
- Labour dependency ratio 1.06 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 149,185 (2027)
- Output per worker, GDP constant 2015 US $ 100,833 (2027)
- Employment-to-population ratio (ILO modelled estimates) 53.6 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 1.56 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate -1.12 % change on previous year (2027)
Frequently asked questions
- What is labor market, s1 - valid grounds in Hong Kong?
- Labor market, s1 - valid grounds in Hong Kong was 0.8591 in 2014, according to International Monetary Fund.
- What is the highest labor market, s1 - valid grounds recorded in Hong Kong?
- The highest recorded value was 0.8993 in 1973.
- What is the lowest labor market, s1 - valid grounds recorded in Hong Kong?
- The lowest recorded value was 0.8591 in 1997.
- How does Hong Kong rank for labor market, s1 - valid grounds?
- Hong Kong ranks 8th out of 90 countries with data for 2014.
- Is labor market, s1 - valid grounds rising or falling in Hong Kong?
- Over the last ten years it is unchanged. The long-run trend across the full record is falling.
- Where does this Hong Kong 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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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.