{"entity":{"iso2":"KR","iso3":"KOR","name":"South Korea","slug":"korea-rep"},"indicator":{"licence":"Derived by Statizoid from the sources named on the page","slug":"monthly-minimum-wage-annual-growth-rate","source":"Statizoid (derived)","source_url":null,"title":"Monthly minimum wage, annual growth rate","unit":"% change on previous year"},"observations":[{"date":"1996-01-01","value":8.97436},{"date":"1997-01-01","value":9.80392},{"date":"1998-01-01","value":6.07143},{"date":"1999-01-01","value":2.6936},{"date":"2000-01-01","value":4.91803},{"date":"2001-01-01","value":16.5625},{"date":"2002-01-01","value":12.6005},{"date":"2003-01-01","value":8.33333},{"date":"2004-01-01","value":10.3297},{"date":"2005-01-01","value":13.1474},{"date":"2006-01-01","value":9.15493},{"date":"2007-01-01","value":12.2581},{"date":"2008-01-01","value":8.33333},{"date":"2009-01-01","value":6.1008},{"date":"2010-01-01","value":2.75},{"date":"2011-01-01","value":-2.79698},{"date":"2012-01-01","value":6.01852},{"date":"2013-01-01","value":6.11354},{"date":"2014-01-01","value":7.20165},{"date":"2015-01-01","value":7.10173},{"date":"2016-01-01","value":8.06452},{"date":"2017-01-01","value":7.29685},{"date":"2018-01-01","value":16.3833},{"date":"2019-01-01","value":10.8898},{"date":"2020-01-01","value":2.87425},{"date":"2021-01-01","value":1.51339},{"date":"2022-01-01","value":5.04587},{"date":"2023-01-01","value":5.02183},{"date":"2024-01-01","value":2.4948}],"summary":{"latest_period":"2024-01-01","latest_value":2.4948,"max":16.5625,"mean":7.42259,"min":-2.79698,"of":168,"rank":89,"trend":"volatile"}}