{"entity":{"iso2":"IS","iso3":"ISL","name":"Iceland","slug":"iceland"},"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":"2000-01-01","value":23.8},{"date":"2001-01-01","value":24.7},{"date":"2002-01-01","value":26.3},{"date":"2003-01-01","value":27.1},{"date":"2004-01-01","value":27.7},{"date":"2005-01-01","value":28.3},{"date":"2006-01-01","value":28.3},{"date":"2007-01-01","value":27.1},{"date":"2008-01-01","value":27.6},{"date":"2009-01-01","value":26.1},{"date":"2010-01-01","value":28.4},{"date":"2011-01-01","value":29.5},{"date":"2012-01-01","value":29.3},{"date":"2013-01-01","value":29.8},{"date":"2014-01-01","value":29.7},{"date":"2015-01-01","value":30.3},{"date":"2016-01-01","value":30.3},{"date":"2017-01-01","value":29.6},{"date":"2018-01-01","value":29.6},{"date":"2019-01-01","value":29.4},{"date":"2020-01-01","value":29.0},{"date":"2021-01-01","value":27.9},{"date":"2022-01-01","value":28.1},{"date":"2023-01-01","value":27.7}],"summary":{"latest_period":"2023-01-01","latest_value":27.7,"max":30.3,"mean":28.15,"min":23.8,"of":44,"rank":36,"trend":"rising"}}