{"entity":{"iso2":"PH","iso3":"PHL","name":"Philippines","slug":"philippines"},"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":6.08986},{"date":"2001-01-01","value":5.93746},{"date":"2002-01-01","value":6.11344},{"date":"2003-01-01","value":5.85303},{"date":"2004-01-01","value":5.31687},{"date":"2005-01-01","value":5.0084},{"date":"2006-01-01","value":4.9572},{"date":"2007-01-01","value":4.90773},{"date":"2008-01-01","value":4.65504},{"date":"2009-01-01","value":4.93515},{"date":"2010-01-01","value":4.99284},{"date":"2011-01-01","value":4.93264},{"date":"2012-01-01","value":4.90661},{"date":"2013-01-01","value":4.82881},{"date":"2014-01-01","value":4.57036},{"date":"2015-01-01","value":4.764},{"date":"2016-01-01","value":4.77902},{"date":"2017-01-01","value":4.88263},{"date":"2018-01-01","value":5.40482},{"date":"2019-01-01","value":5.71272},{"date":"2020-01-01","value":6.5621},{"date":"2021-01-01","value":6.81068},{"date":"2022-01-01","value":6.53215}],"summary":{"latest_period":"2022-01-01","latest_value":6.53215,"max":6.81068,"mean":5.36755,"min":4.57036,"of":188,"rank":119,"trend":"rising"}}