{"entity":{"iso2":"KR","iso3":"KOR","name":"Korea","slug":"korea-rep"},"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":5.86551},{"date":"2001-01-01","value":5.98232},{"date":"2002-01-01","value":5.93088},{"date":"2003-01-01","value":6.11287},{"date":"2004-01-01","value":6.19617},{"date":"2005-01-01","value":6.46143},{"date":"2006-01-01","value":6.53437},{"date":"2007-01-01","value":6.47224},{"date":"2008-01-01","value":6.58084},{"date":"2009-01-01","value":6.65522},{"date":"2010-01-01","value":6.14511},{"date":"2011-01-01","value":6.11382},{"date":"2012-01-01","value":6.19911},{"date":"2013-01-01","value":6.3263},{"date":"2014-01-01","value":6.44777},{"date":"2015-01-01","value":6.40126},{"date":"2016-01-01","value":6.37671},{"date":"2017-01-01","value":6.38687},{"date":"2018-01-01","value":6.59104},{"date":"2019-01-01","value":6.88358}],"summary":{"latest_period":"2019-01-01","latest_value":6.88358,"max":6.88358,"mean":6.33317,"min":5.86551,"of":190,"rank":114,"trend":"rising"}}