{"entity":{"iso2":"MH","iso3":"MHL","name":"Marshall Islands","slug":"marshall-islands"},"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":15.143},{"date":"2001-01-01","value":15.2768},{"date":"2002-01-01","value":16.2728},{"date":"2003-01-01","value":19.53},{"date":"2004-01-01","value":24.0557},{"date":"2005-01-01","value":25.5349},{"date":"2006-01-01","value":25.622},{"date":"2007-01-01","value":24.1738},{"date":"2008-01-01","value":24.1319},{"date":"2009-01-01","value":24.696},{"date":"2010-01-01","value":23.4589},{"date":"2011-01-01","value":21.9048},{"date":"2012-01-01","value":21.3722},{"date":"2013-01-01","value":21.8942},{"date":"2014-01-01","value":22.1034},{"date":"2015-01-01","value":22.5123},{"date":"2016-01-01","value":21.0324},{"date":"2017-01-01","value":21.6466},{"date":"2018-01-01","value":21.7399},{"date":"2019-01-01","value":21.5747},{"date":"2020-01-01","value":21.5923},{"date":"2021-01-01","value":22.56},{"date":"2022-01-01","value":22.3971}],"summary":{"latest_period":"2022-01-01","latest_value":22.3971,"max":25.622,"mean":21.749,"min":15.143,"of":190,"rank":5,"trend":"rising"}}