{"entity":{"iso2":"IS","iso3":"ISL","name":"Iceland","slug":"iceland"},"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":"2001-01-01","value":38.1},{"date":"2002-01-01","value":39.5},{"date":"2003-01-01","value":42.7},{"date":"2004-01-01","value":44.1},{"date":"2005-01-01","value":45.9},{"date":"2006-01-01","value":46.6},{"date":"2007-01-01","value":47.0},{"date":"2008-01-01","value":48.0},{"date":"2009-01-01","value":48.5},{"date":"2010-01-01","value":50.6},{"date":"2011-01-01","value":51.7},{"date":"2012-01-01","value":51.2},{"date":"2013-01-01","value":50.8},{"date":"2014-01-01","value":47.8},{"date":"2015-01-01","value":48.3},{"date":"2016-01-01","value":47.9},{"date":"2017-01-01","value":46.8},{"date":"2018-01-01","value":45.5},{"date":"2019-01-01","value":45.1},{"date":"2020-01-01","value":46.2},{"date":"2021-01-01","value":44.4},{"date":"2022-01-01","value":44.0},{"date":"2023-01-01","value":43.8}],"summary":{"latest_period":"2023-01-01","latest_value":43.8,"max":51.7,"mean":46.2826,"min":38.1,"of":32,"rank":17,"trend":"rising"}}