{"entity":{"iso2":"EC","iso3":"ECU","name":"Ecuador","slug":"ecuador"},"indicator":{"licence":"ILO Terms of Use (attribution required)","slug":"monthly-minimum-wage-local-currency","source":"International Labour Organization","source_url":"https://ilostat.ilo.org/data/","title":"Monthly minimum wage (Local currency)","unit":null},"observations":[{"date":"2001-01-01","value":118.0},{"date":"2002-01-01","value":129.0},{"date":"2003-01-01","value":138.0},{"date":"2004-01-01","value":144.0},{"date":"2005-01-01","value":150.0},{"date":"2006-01-01","value":160.0},{"date":"2007-01-01","value":170.0},{"date":"2008-01-01","value":200.0},{"date":"2009-01-01","value":218.0},{"date":"2010-01-01","value":240.0},{"date":"2011-01-01","value":264.0},{"date":"2012-01-01","value":292.0},{"date":"2013-01-01","value":318.0},{"date":"2014-01-01","value":340.0},{"date":"2015-01-01","value":354.0},{"date":"2016-01-01","value":366.0},{"date":"2017-01-01","value":375.0},{"date":"2018-01-01","value":386.0},{"date":"2019-01-01","value":394.0},{"date":"2020-01-01","value":400.0},{"date":"2021-01-01","value":400.0},{"date":"2022-01-01","value":425.0},{"date":"2023-01-01","value":450.0},{"date":"2024-01-01","value":39.167}],"summary":{"latest_period":"2024-01-01","latest_value":39.167,"max":450.0,"mean":269.59,"min":39.167,"of":173,"rank":172,"trend":"rising"}}