{"entity":{"iso2":"LV","iso3":"LVA","name":"Latvia","slug":"latvia"},"indicator":{"licence":"ILO Terms of Use (attribution required)","slug":"average-hourly-labour-cost-per-employee-discontinued","source":"International Labour Organization","source_url":"https://ilostat.ilo.org/data/","title":"Average hourly labour cost per employee - Discontinued","unit":null},"observations":[{"date":"1998-01-01","value":1.67},{"date":"1999-01-01","value":1.87},{"date":"2000-01-01","value":2.24},{"date":"2001-01-01","value":2.34},{"date":"2002-01-01","value":2.5},{"date":"2003-01-01","value":2.49},{"date":"2004-01-01","value":2.64},{"date":"2005-01-01","value":2.91},{"date":"2006-01-01","value":3.58},{"date":"2007-01-01","value":4.68},{"date":"2008-01-01","value":5.7},{"date":"2009-01-01","value":3.9},{"date":"2010-01-01","value":3.69},{"date":"2011-01-01","value":3.85},{"date":"2012-01-01","value":6.0},{"date":"2016-01-01","value":7.7},{"date":"2020-01-01","value":10.7},{"date":"2021-01-01","value":11.3},{"date":"2022-01-01","value":12.2},{"date":"2023-01-01","value":13.5},{"date":"2024-01-01","value":15.1},{"date":"2025-01-01","value":16.3}],"summary":{"latest_period":"2025-01-01","latest_value":16.3,"max":16.3,"mean":6.22091,"min":1.67,"of":50,"rank":45,"trend":"volatile"}}