{"entity":{"iso2":"EC","iso3":"ECU","name":"Ecuador","slug":"ecuador"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"palma-ratio-wb","source":"World Bank Poverty and Inequality Platform (2026) \u2013 with major processing by Our World in Data","source_url":"https://ourworldindata.org/grapher/palma-ratio-wb","title":"Palma ratio","unit":null},"observations":[{"date":"1994-01-01","value":3.86102},{"date":"1999-01-01","value":5.23364},{"date":"2000-01-01","value":4.57147},{"date":"2003-01-01","value":3.96646},{"date":"2004-01-01","value":4.02813},{"date":"2005-01-01","value":3.8679},{"date":"2006-01-01","value":3.62963},{"date":"2007-01-01","value":3.86058},{"date":"2008-01-01","value":3.1945},{"date":"2009-01-01","value":2.94559},{"date":"2010-01-01","value":2.9927},{"date":"2011-01-01","value":2.54951},{"date":"2012-01-01","value":2.60321},{"date":"2013-01-01","value":2.68786},{"date":"2014-01-01","value":2.43062},{"date":"2015-01-01","value":2.55529},{"date":"2016-01-01","value":2.43428},{"date":"2017-01-01","value":2.39605},{"date":"2018-01-01","value":2.49338},{"date":"2019-01-01","value":2.53346},{"date":"2020-01-01","value":2.76453},{"date":"2021-01-01","value":2.54406},{"date":"2022-01-01","value":2.49514},{"date":"2023-01-01","value":2.37941},{"date":"2024-01-01","value":2.49147},{"date":"2025-01-01","value":2.57207}],"summary":{"latest_period":"2025-01-01","latest_value":2.57207,"max":5.23364,"mean":3.08008,"min":2.37941,"of":120,"rank":9,"trend":"falling"}}