{"entity":{"iso2":"CY","iso3":"CYP","name":"Cyprus","slug":"cyprus"},"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":"2000-01-01","value":12.7853},{"date":"2001-01-01","value":12.4281},{"date":"2002-01-01","value":12.8711},{"date":"2003-01-01","value":14.1329},{"date":"2004-01-01","value":13.6985},{"date":"2005-01-01","value":13.7049},{"date":"2006-01-01","value":13.7143},{"date":"2007-01-01","value":13.2564},{"date":"2008-01-01","value":13.1655},{"date":"2009-01-01","value":14.6101},{"date":"2010-01-01","value":14.2377},{"date":"2011-01-01","value":14.5513},{"date":"2012-01-01","value":14.6312},{"date":"2013-01-01","value":14.4135},{"date":"2014-01-01","value":13.405},{"date":"2015-01-01","value":12.7474},{"date":"2016-01-01","value":11.9857},{"date":"2017-01-01","value":11.6752},{"date":"2018-01-01","value":11.4863},{"date":"2019-01-01","value":11.8853},{"date":"2020-01-01","value":13.4046},{"date":"2021-01-01","value":12.8146},{"date":"2022-01-01","value":12.607}],"summary":{"latest_period":"2022-01-01","latest_value":12.607,"max":14.6312,"mean":13.2266,"min":11.4863,"of":188,"rank":26,"trend":"falling"}}