{"entity":{"iso2":null,"iso3":null,"name":"Euro area \u2013 20 countries (2023-2025)","slug":"euro-area-20-countries-2023-2025"},"indicator":{"licence":"CC BY 4.0 (Eurostat)","slug":"tax-rate-on-low-wage-earners-tax-wedge-on-labour-costs","source":"Eurostat","source_url":"https://ec.europa.eu/eurostat/databrowser/view/earn_nt_taxwedge","title":"Tax rate on low wage earners - tax wedge on labour costs","unit":"Rate"},"observations":[{"date":"2013-01-01","value":42.4},{"date":"2014-01-01","value":41.8},{"date":"2015-01-01","value":41.2},{"date":"2016-01-01","value":40.9},{"date":"2017-01-01","value":40.7},{"date":"2018-01-01","value":40.7},{"date":"2019-01-01","value":40.5},{"date":"2020-01-01","value":39.6},{"date":"2021-01-01","value":39.8},{"date":"2022-01-01","value":39.7},{"date":"2023-01-01","value":39.3},{"date":"2024-01-01","value":36.9},{"date":"2025-01-01","value":37.7}],"summary":{"latest_period":"2025-01-01","latest_value":37.7,"max":42.4,"mean":40.0923,"min":36.9,"of":5,"rank":5,"trend":"falling"}}