{"entity":{"iso2":"CY","iso3":"CYP","name":"Cyprus","slug":"cyprus"},"indicator":{"licence":"CC BY 4.0 (Eurostat)","slug":"tax-rate-on-low-wage-earners-low-wage-trap","source":"Eurostat","source_url":"https://ec.europa.eu/eurostat/databrowser/view/earn_nt_lowwtrp","title":"Tax rate on low wage earners - low wage trap","unit":null},"observations":[{"date":"2005-01-01","value":6.3},{"date":"2006-01-01","value":6.3},{"date":"2007-01-01","value":6.3},{"date":"2014-01-01","value":47.7},{"date":"2017-01-01","value":44.6},{"date":"2018-01-01","value":40.5},{"date":"2019-01-01","value":38.3},{"date":"2020-01-01","value":50.3},{"date":"2021-01-01","value":46.5},{"date":"2022-01-01","value":10.9},{"date":"2023-01-01","value":11.0},{"date":"2024-01-01","value":11.45},{"date":"2025-01-01","value":11.45}],"summary":{"latest_period":"2025-01-01","latest_value":11.45,"max":50.3,"mean":25.5077,"min":6.3,"of":32,"rank":32,"trend":"volatile"}}