{"entity":{"iso2":"SG","iso3":"SGP","name":"Singapore","slug":"singapore"},"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":4.609},{"date":"2001-01-01","value":4.97434},{"date":"2002-01-01","value":4.99885},{"date":"2003-01-01","value":4.8825},{"date":"2004-01-01","value":4.47763},{"date":"2005-01-01","value":4.28256},{"date":"2006-01-01","value":3.69201},{"date":"2007-01-01","value":3.90433},{"date":"2008-01-01","value":3.9388},{"date":"2009-01-01","value":3.86339},{"date":"2010-01-01","value":3.77268},{"date":"2011-01-01","value":3.47095},{"date":"2012-01-01","value":3.55655},{"date":"2013-01-01","value":3.66627},{"date":"2014-01-01","value":3.76849},{"date":"2015-01-01","value":3.79644},{"date":"2016-01-01","value":3.84524},{"date":"2017-01-01","value":3.79226},{"date":"2018-01-01","value":3.64746},{"date":"2019-01-01","value":3.47117},{"date":"2020-01-01","value":3.71918},{"date":"2021-01-01","value":3.70066},{"date":"2022-01-01","value":3.64031}],"summary":{"latest_period":"2022-01-01","latest_value":3.64031,"max":4.99885,"mean":3.977,"min":3.47095,"of":190,"rank":173,"trend":"falling"}}