{"entity":{"iso2":"FM","iso3":"FSM","name":"Micronesia","slug":"micronesia-fed-sts"},"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":22.3732},{"date":"2001-01-01","value":22.539},{"date":"2002-01-01","value":23.9587},{"date":"2003-01-01","value":24.0517},{"date":"2004-01-01","value":23.6316},{"date":"2005-01-01","value":21.9956},{"date":"2006-01-01","value":21.8061},{"date":"2007-01-01","value":22.0235},{"date":"2008-01-01","value":24.736},{"date":"2009-01-01","value":22.9787},{"date":"2010-01-01","value":22.8933},{"date":"2011-01-01","value":21.8332},{"date":"2012-01-01","value":20.6896},{"date":"2013-01-01","value":21.7744},{"date":"2014-01-01","value":21.864},{"date":"2015-01-01","value":22.0538},{"date":"2016-01-01","value":21.0193},{"date":"2017-01-01","value":20.0958},{"date":"2018-01-01","value":18.5446},{"date":"2019-01-01","value":19.0061},{"date":"2020-01-01","value":19.6699},{"date":"2021-01-01","value":17.5804},{"date":"2022-01-01","value":18.0481}],"summary":{"latest_period":"2022-01-01","latest_value":18.0481,"max":24.736,"mean":21.529,"min":17.5804,"of":190,"rank":7,"trend":"falling"}}