{"entity":{"iso2":"EC","iso3":"ECU","name":"Ecuador","slug":"ecuador"},"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":"2001-01-01","value":5.5465},{"date":"2002-01-01","value":7.03214},{"date":"2003-01-01","value":7.05772},{"date":"2004-01-01","value":7.06724},{"date":"2005-01-01","value":7.00316},{"date":"2006-01-01","value":6.75587},{"date":"2007-01-01","value":7.23924},{"date":"2008-01-01","value":7.88449},{"date":"2009-01-01","value":9.48377},{"date":"2010-01-01","value":9.7561},{"date":"2011-01-01","value":9.16366},{"date":"2012-01-01","value":9.73422},{"date":"2013-01-01","value":9.89061},{"date":"2014-01-01","value":9.44347},{"date":"2015-01-01","value":9.81845},{"date":"2016-01-01","value":9.80885},{"date":"2017-01-01","value":10.7595},{"date":"2018-01-01","value":10.7854},{"date":"2019-01-01","value":10.7427},{"date":"2020-01-01","value":11.4749},{"date":"2021-01-01","value":10.5051},{"date":"2022-01-01","value":9.64155}],"summary":{"latest_period":"2022-01-01","latest_value":9.64155,"max":11.4749,"mean":8.93612,"min":5.5465,"of":190,"rank":73,"trend":"rising"}}