{"entity":{"iso2":"RS","iso3":"SRB","name":"Serbia","slug":"serbia"},"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":"2005-01-01","value":10.9059},{"date":"2006-01-01","value":11.0283},{"date":"2007-01-01","value":11.1369},{"date":"2008-01-01","value":11.8453},{"date":"2009-01-01","value":11.6657},{"date":"2010-01-01","value":11.2305},{"date":"2011-01-01","value":11.1448},{"date":"2012-01-01","value":11.5836},{"date":"2013-01-01","value":11.2332},{"date":"2014-01-01","value":11.0011},{"date":"2015-01-01","value":9.71388},{"date":"2016-01-01","value":9.22388},{"date":"2017-01-01","value":8.95532},{"date":"2018-01-01","value":9.24164},{"date":"2019-01-01","value":9.52254},{"date":"2020-01-01","value":10.5219},{"date":"2021-01-01","value":10.0327},{"date":"2022-01-01","value":9.77666}],"summary":{"latest_period":"2022-01-01","latest_value":9.77666,"max":11.8453,"mean":10.5424,"min":8.95532,"of":190,"rank":71,"trend":"falling"}}
