{"entity":{"iso2":"PH","iso3":"PHL","name":"Philippines","slug":"philippines"},"indicator":{"licence":"CC BY 4.0 (World Bank Open Data)","slug":"paying-taxes-time-hours-per-year","source":null,"source_url":"https://data.worldbank.org/indicator/PAY.TAX.TM","title":"Paying taxes: Time (hours per year)","unit":"hours per year"},"observations":[{"date":"2005-01-01","value":195.0},{"date":"2006-01-01","value":195.0},{"date":"2007-01-01","value":195.0},{"date":"2008-01-01","value":195.0},{"date":"2009-01-01","value":195.0},{"date":"2010-01-01","value":195.0},{"date":"2011-01-01","value":195.0},{"date":"2012-01-01","value":193.0},{"date":"2013-01-01","value":193.0},{"date":"2014-01-01","value":193.0},{"date":"2015-01-01","value":191.0},{"date":"2016-01-01","value":185.55},{"date":"2017-01-01","value":182.0},{"date":"2018-01-01","value":181.0},{"date":"2019-01-01","value":171.0}],"summary":{"latest_period":"2019-01-01","latest_value":171.0,"max":195.0,"mean":190.303,"min":171.0,"of":187,"rank":116,"trend":"falling"}}