{"entity":{"iso2":"EC","iso3":"ECU","name":"Ecuador","slug":"ecuador"},"indicator":{"licence":"ILO Terms of Use (attribution required)","slug":"low-pay-rate","source":"International Labour Organization","source_url":"https://ilostat.ilo.org/data/","title":"Low pay rate","unit":null},"observations":[{"date":"1995-01-01","value":25.8},{"date":"1996-01-01","value":31.4},{"date":"1997-01-01","value":22.6},{"date":"1998-01-01","value":29.8},{"date":"1999-01-01","value":31.2},{"date":"2000-01-01","value":30.6},{"date":"2001-01-01","value":26.6},{"date":"2002-01-01","value":24.4},{"date":"2003-01-01","value":23.8},{"date":"2004-01-01","value":25.2},{"date":"2005-01-01","value":25.9},{"date":"2006-01-01","value":26.8},{"date":"2007-01-01","value":23.2},{"date":"2008-01-01","value":21.7},{"date":"2009-01-01","value":21.4},{"date":"2010-01-01","value":19.7},{"date":"2011-01-01","value":17.2},{"date":"2013-01-01","value":16.168},{"date":"2014-01-01","value":17.369},{"date":"2015-01-01","value":17.569},{"date":"2016-01-01","value":19.567},{"date":"2017-01-01","value":19.136},{"date":"2018-01-01","value":17.175},{"date":"2019-01-01","value":18.579},{"date":"2021-01-01","value":21.471},{"date":"2022-01-01","value":20.54},{"date":"2023-01-01","value":20.935},{"date":"2024-01-01","value":19.909},{"date":"2025-01-01","value":18.271}],"summary":{"latest_period":"2025-01-01","latest_value":18.271,"max":31.4,"mean":22.5513,"min":16.168,"of":84,"rank":43,"trend":"falling"}}
