{"entity":{"iso2":"EC","iso3":"ECU","name":"Ecuador","slug":"ecuador"},"indicator":{"licence":"CC BY 4.0 (World Bank Open Data)","slug":"wage-bill-as-a-percentage-of-public-expenditure","source":null,"source_url":"https://data.worldbank.org/indicator/BI.WAG.TOTL.PB.ZS","title":"Wage bill as a percentage of Public Expenditure","unit":null},"observations":[{"date":"2001-01-01","value":27.4333},{"date":"2002-01-01","value":32.5846},{"date":"2003-01-01","value":34.7529},{"date":"2004-01-01","value":34.5119},{"date":"2005-01-01","value":32.736},{"date":"2006-01-01","value":31.8483},{"date":"2007-01-01","value":30.0076},{"date":"2008-01-01","value":22.3779},{"date":"2009-01-01","value":28.7682},{"date":"2010-01-01","value":28.1309},{"date":"2011-01-01","value":23.217},{"date":"2012-01-01","value":24.4776},{"date":"2013-01-01","value":22.4865},{"date":"2014-01-01","value":22.0792},{"date":"2015-01-01","value":24.7781},{"date":"2016-01-01","value":24.7248},{"date":"2017-01-01","value":27.9986},{"date":"2018-01-01","value":27.6486},{"date":"2019-01-01","value":28.9487},{"date":"2020-01-01","value":31.4043},{"date":"2021-01-01","value":29.5833},{"date":"2022-01-01","value":27.4038}],"summary":{"latest_period":"2022-01-01","latest_value":27.4038,"max":34.7529,"mean":28.0865,"min":22.0792,"of":191,"rank":78,"trend":"falling"}}