{"entity":{"iso2":"XT","iso3":"UMC","name":"Upper middle income","slug":"upper-middle-income"},"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":24.2383},{"date":"2000-01-01","value":25.7514},{"date":"2003-01-01","value":27.0416},{"date":"2004-01-01","value":25.5402},{"date":"2006-01-01","value":28.1643},{"date":"2007-01-01","value":26.299},{"date":"2008-01-01","value":26.7075},{"date":"2009-01-01","value":26.4981},{"date":"2010-01-01","value":24.2222},{"date":"2011-01-01","value":24.9059},{"date":"2012-01-01","value":25.5498},{"date":"2013-01-01","value":24.071},{"date":"2014-01-01","value":24.6406},{"date":"2015-01-01","value":24.4708},{"date":"2016-01-01","value":23.0646},{"date":"2017-01-01","value":21.9605},{"date":"2018-01-01","value":23.3832},{"date":"2019-01-01","value":23.8785},{"date":"2020-01-01","value":23.1409},{"date":"2021-01-01","value":20.0525},{"date":"2022-01-01","value":20.3634},{"date":"2023-01-01","value":20.8652}],"summary":{"latest_period":"2023-01-01","latest_value":20.8652,"max":28.1643,"mean":24.3095,"min":20.0525,"of":39,"rank":27,"trend":"falling"}}