{"entity":{"iso2":"IN","iso3":"IND","name":"India","slug":"india"},"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":1.26704},{"date":"2001-01-01","value":1.27026},{"date":"2002-01-01","value":1.23882},{"date":"2003-01-01","value":1.13158},{"date":"2004-01-01","value":1.08426},{"date":"2005-01-01","value":1.00892},{"date":"2006-01-01","value":0.927724},{"date":"2007-01-01","value":0.884235},{"date":"2008-01-01","value":1.27398},{"date":"2009-01-01","value":1.44852},{"date":"2010-01-01","value":1.15301},{"date":"2011-01-01","value":1.09867},{"date":"2012-01-01","value":1.07694},{"date":"2013-01-01","value":1.04966},{"date":"2014-01-01","value":1.07463},{"date":"2015-01-01","value":0.828558},{"date":"2016-01-01","value":1.16642},{"date":"2017-01-01","value":1.10591},{"date":"2018-01-01","value":1.08868},{"date":"2019-01-01","value":1.10514},{"date":"2020-01-01","value":1.13635},{"date":"2021-01-01","value":1.03387},{"date":"2022-01-01","value":0.977258}],"summary":{"latest_period":"2022-01-01","latest_value":0.977258,"max":1.44852,"mean":1.10567,"min":0.828558,"of":190,"rank":190,"trend":"falling"}}