{"entity":{"iso2":"AM","iso3":"ARM","name":"Armenia","slug":"armenia"},"indicator":{"licence":"CC BY 4.0 (World Bank Open Data)","slug":"wage-bill-as-a-percentage-of-gdp","source":null,"source_url":"https://data.worldbank.org/indicator/BI.WAG.TOTL.GD.ZS","title":"Wage bill as a percentage of GDP","unit":null},"observations":[{"date":"2003-01-01","value":1.45264},{"date":"2004-01-01","value":3.82059},{"date":"2005-01-01","value":4.76661},{"date":"2006-01-01","value":5.30231},{"date":"2007-01-01","value":5.34054},{"date":"2008-01-01","value":4.33297},{"date":"2009-01-01","value":6.01282},{"date":"2010-01-01","value":5.54108},{"date":"2011-01-01","value":5.16695},{"date":"2012-01-01","value":4.66601},{"date":"2013-01-01","value":4.732},{"date":"2014-01-01","value":5.24805},{"date":"2015-01-01","value":5.96158},{"date":"2016-01-01","value":6.03363},{"date":"2017-01-01","value":5.37585},{"date":"2018-01-01","value":5.05944},{"date":"2019-01-01","value":4.9978},{"date":"2020-01-01","value":6.15961},{"date":"2021-01-01","value":5.65326},{"date":"2022-01-01","value":5.3968}],"summary":{"latest_period":"2022-01-01","latest_value":5.3968,"max":6.15961,"mean":5.05103,"min":1.45264,"of":190,"rank":143,"trend":"rising"}}