{"entity":{"iso2":"NZ","iso3":"NZL","name":"New Zealand","slug":"new-zealand"},"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":"2001-01-01","value":9.12945},{"date":"2002-01-01","value":9.49716},{"date":"2003-01-01","value":8.62198},{"date":"2004-01-01","value":8.72328},{"date":"2005-01-01","value":8.9945},{"date":"2006-01-01","value":9.23323},{"date":"2007-01-01","value":8.90861},{"date":"2008-01-01","value":9.68108},{"date":"2009-01-01","value":9.44144},{"date":"2010-01-01","value":9.36233},{"date":"2011-01-01","value":9.28448},{"date":"2012-01-01","value":9.32484},{"date":"2013-01-01","value":9.0526},{"date":"2014-01-01","value":8.86354},{"date":"2015-01-01","value":8.78065},{"date":"2016-01-01","value":8.59261},{"date":"2017-01-01","value":8.36684},{"date":"2018-01-01","value":8.48885},{"date":"2019-01-01","value":8.72335},{"date":"2020-01-01","value":9.21519},{"date":"2021-01-01","value":9.06649},{"date":"2022-01-01","value":9.25245}],"summary":{"latest_period":"2022-01-01","latest_value":9.25245,"max":9.68108,"mean":9.0275,"min":8.36684,"of":191,"rank":77,"trend":"flat"}}