{"entity":{"iso2":"PH","iso3":"PHL","name":"Philippines","slug":"philippines"},"indicator":{"licence":"CC BY 4.0 (World Bank Open Data)","slug":"dealing-with-construction-permits-cost-percent-of-warehouse-value","source":null,"source_url":"https://data.worldbank.org/indicator/IC.CNST.PRMT.COST.WRH.VAL","title":"Dealing with construction permits: Cost (% of Warehouse value)","unit":"% of Warehouse value"},"observations":[{"date":"2005-01-01","value":4.5},{"date":"2006-01-01","value":6.6},{"date":"2007-01-01","value":6.3},{"date":"2008-01-01","value":5.5},{"date":"2009-01-01","value":5.0},{"date":"2010-01-01","value":5.5},{"date":"2011-01-01","value":4.8},{"date":"2012-01-01","value":4.2},{"date":"2013-01-01","value":4.0},{"date":"2014-01-01","value":3.1},{"date":"2015-01-01","value":2.9},{"date":"2016-01-01","value":2.9},{"date":"2017-01-01","value":2.7},{"date":"2018-01-01","value":2.5},{"date":"2019-01-01","value":2.3}],"summary":{"latest_period":"2019-01-01","latest_value":2.3,"max":6.6,"mean":4.18667,"min":2.3,"of":187,"rank":96,"trend":"falling"}}