Labor market, S1 - Valid grounds in United Kingdom
United Kingdom: Labor market, S1 - Valid grounds was 0.8591 in 2014. ▲ Rising
Labor market, S1 - Valid grounds in United Kingdom, 1973–2014
Source: International Monetary Fund.
Analysis
United Kingdom recorded 0.8591 for labor market, s1 - valid grounds 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 - valid grounds in United Kingdom peaked at 0.8591 in 1997 and was at its lowest, 0.8188, in 1973.
United Kingdom ranks 8th of 90 countries on this measure, 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 United Kingdom, year by year
| Year | Value | Change |
|---|---|---|
| 1973 | 0.8188 | — |
| 1974 | 0.8188 | +0.0% |
| 1975 | 0.8188 | +0.0% |
| 1976 | 0.8188 | +0.0% |
| 1977 | 0.8188 | +0.0% |
| 1978 | 0.8188 | +0.0% |
| 1979 | 0.8188 | +0.0% |
| 1980 | 0.8188 | +0.0% |
| 1981 | 0.8188 | +0.0% |
| 1982 | 0.8188 | +0.0% |
| 1983 | 0.8188 | +0.0% |
| 1984 | 0.8188 | +0.0% |
| 1985 | 0.8188 | +0.0% |
| 1986 | 0.8188 | +0.0% |
| 1987 | 0.8188 | +0.0% |
| 1988 | 0.8188 | +0.0% |
| 1989 | 0.8188 | +0.0% |
| 1990 | 0.8188 | +0.0% |
| 1991 | 0.8188 | +0.0% |
| 1992 | 0.8188 | +0.0% |
| 1993 | 0.8188 | +0.0% |
| 1994 | 0.8188 | +0.0% |
| 1995 | 0.8188 | +0.0% |
| 1996 | 0.8188 | +0.0% |
| 1997 | 0.8591 | +4.9% |
| 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% |
United Kingdom compared with similar countries
- United Kingdom's 0.8591 is above the median for high income countries, which is 0.7685, 1.1× the median. (37 countries reporting)
- United Kingdom's 0.8591 is above the median for Europe & Central Asia, which is 0.7399, 1.2× the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.8188 | 0.8188 | 0.8188 | 7 |
| 1980s | 0.8188 | 0.8188 | 0.8188 | 10 |
| 1990s | 0.8309 | 0.8188 | 0.8591 | 10 |
| 2000s | 0.8591 | 0.8591 | 0.8591 | 10 |
| 2010s | 0.8591 | 0.8591 | 0.8591 | 5 |
Countries ranked near United Kingdom
More work & labour data for United Kingdom
- 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)
- Unemployment rate (ILO modelled estimates) 4.93 (2027)
- Labour dependency ratio 1.07 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 111,361 (2027)
- Output per worker, GDP constant 2015 US $ 100,223 (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)
Frequently asked questions
- What is labor market, s1 - valid grounds in United Kingdom?
- Labor market, s1 - valid grounds in United Kingdom was 0.8591 in 2014, according to International Monetary Fund.
- What is the highest labor market, s1 - valid grounds recorded in United Kingdom?
- The highest recorded value was 0.8591 in 1997.
- What is the lowest labor market, s1 - valid grounds recorded in United Kingdom?
- The lowest recorded value was 0.8188 in 1973.
- How does United Kingdom rank for labor market, s1 - valid grounds?
- United Kingdom ranks 8th out of 90 countries with data for 2014.
- Is labor market, s1 - valid grounds rising or falling in United Kingdom?
- Over the last ten years it is unchanged. The long-run trend across the full record is rising.
- Where does this United Kingdom 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.
Download this data
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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.