{"entity":{"iso2":"LV","iso3":null,"name":"Latvia","slug":"latvia-2"},"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":41.7},{"date":"2001-01-01","value":41.6},{"date":"2002-01-01","value":41.8},{"date":"2003-01-01","value":41.6},{"date":"2004-01-01","value":41.8},{"date":"2005-01-01","value":42.3},{"date":"2006-01-01","value":41.6},{"date":"2007-01-01","value":40.9},{"date":"2008-01-01","value":39.6},{"date":"2009-01-01","value":39.6},{"date":"2010-01-01","value":43.2},{"date":"2011-01-01","value":43.2},{"date":"2012-01-01","value":43.3},{"date":"2013-01-01","value":42.8},{"date":"2014-01-01","value":42.1},{"date":"2015-01-01","value":41.7},{"date":"2016-01-01","value":41.2},{"date":"2017-01-01","value":41.3},{"date":"2018-01-01","value":39.7},{"date":"2019-01-01","value":39.6},{"date":"2020-01-01","value":38.7},{"date":"2021-01-01","value":37.9},{"date":"2022-01-01","value":37.0},{"date":"2023-01-01","value":37.4},{"date":"2024-01-01","value":39.0},{"date":"2025-01-01","value":37.8}],"summary":{"latest_period":"2025-01-01","latest_value":37.8,"max":43.3,"mean":40.7077,"min":37.0,"of":44,"rank":17,"trend":"falling"}}