{"entity":{"iso2":"IS","iso3":"ISL","name":"Iceland","slug":"iceland"},"indicator":{"licence":"CC BY 4.0 (Eurostat)","slug":"labour-cost-index-by-nace-rev-2-activity-nominal-value-annual-data","source":"Eurostat","source_url":"https://ec.europa.eu/eurostat/databrowser/view/lc_lci_r2_a","title":"Labour cost index by NACE Rev. 2 activity - nominal value, annual data","unit":null},"observations":[{"date":"2008-01-01","value":48.9},{"date":"2009-01-01","value":51.7},{"date":"2010-01-01","value":54.5},{"date":"2011-01-01","value":57.5},{"date":"2012-01-01","value":61.4},{"date":"2013-01-01","value":64.7},{"date":"2014-01-01","value":69.0},{"date":"2015-01-01","value":74.4},{"date":"2016-01-01","value":80.1},{"date":"2017-01-01","value":86.1},{"date":"2018-01-01","value":91.3},{"date":"2019-01-01","value":96.2},{"date":"2020-01-01","value":100.0},{"date":"2021-01-01","value":108.0},{"date":"2022-01-01","value":116.6},{"date":"2023-01-01","value":126.3},{"date":"2024-01-01","value":135.1},{"date":"2025-01-01","value":146.1}],"summary":{"latest_period":"2025-01-01","latest_value":146.1,"max":146.1,"mean":87.1056,"min":48.9,"of":32,"rank":10,"trend":"rising"}}