{"entity":{"iso2":"ZJ","iso3":"LCN","name":"Latin America & Caribbean","slug":"latin-america-and-caribbean"},"indicator":{"licence":"CC BY 4.0 (World Bank Open Data)","slug":"compensation-of-employees-percent-of-expense","source":"Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)","source_url":"https://data.worldbank.org/indicator/GC.XPN.COMP.ZS","title":"Compensation of employees (% of expense)","unit":"% of expense"},"observations":[{"date":"1998-01-01","value":25.4486},{"date":"1999-01-01","value":24.6896},{"date":"2000-01-01","value":28.2558},{"date":"2001-01-01","value":28.5676},{"date":"2002-01-01","value":34.3455},{"date":"2003-01-01","value":30.9707},{"date":"2004-01-01","value":28.2154},{"date":"2005-01-01","value":32.8261},{"date":"2006-01-01","value":33.0383},{"date":"2007-01-01","value":34.1018},{"date":"2008-01-01","value":31.3167},{"date":"2009-01-01","value":30.8301},{"date":"2010-01-01","value":29.5809},{"date":"2011-01-01","value":33.3719},{"date":"2012-01-01","value":29.2622},{"date":"2013-01-01","value":29.0986},{"date":"2014-01-01","value":28.2708},{"date":"2015-01-01","value":28.6993},{"date":"2016-01-01","value":32.2606},{"date":"2017-01-01","value":30.8763},{"date":"2018-01-01","value":32.8743},{"date":"2019-01-01","value":31.6136},{"date":"2020-01-01","value":30.9143},{"date":"2021-01-01","value":28.9649},{"date":"2022-01-01","value":27.9491},{"date":"2023-01-01","value":24.4987}],"summary":{"latest_period":"2023-01-01","latest_value":24.4987,"max":34.3455,"mean":30.0324,"min":24.4987,"of":41,"rank":19,"trend":"flat"}}