{"entity":{"iso2":"LV","iso3":"LVA","name":"Latvia","slug":"latvia"},"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":"2002-01-01","value":5.90802},{"date":"2003-01-01","value":5.885},{"date":"2004-01-01","value":5.89724},{"date":"2005-01-01","value":5.69964},{"date":"2006-01-01","value":5.64187},{"date":"2007-01-01","value":8.72696},{"date":"2008-01-01","value":9.7411},{"date":"2009-01-01","value":10.016},{"date":"2010-01-01","value":8.55032},{"date":"2011-01-01","value":8.14149},{"date":"2012-01-01","value":7.48425},{"date":"2013-01-01","value":7.72646},{"date":"2014-01-01","value":7.86796},{"date":"2015-01-01","value":8.08825},{"date":"2016-01-01","value":8.26068},{"date":"2017-01-01","value":8.48052},{"date":"2018-01-01","value":8.41093},{"date":"2019-01-01","value":8.52243},{"date":"2020-01-01","value":9.2074},{"date":"2021-01-01","value":8.94418},{"date":"2022-01-01","value":8.16025}],"summary":{"latest_period":"2022-01-01","latest_value":8.16025,"max":10.016,"mean":7.87433,"min":5.64187,"of":190,"rank":94,"trend":"rising"}}