{"entity":{"iso2":"PH","iso3":"PHL","name":"Philippines","slug":"philippines"},"indicator":{"licence":"CC BY 4.0 (World Bank Open Data)","slug":"average-transaction-cost-of-sending-remittances-to-a-specific-country-percent","source":"Remittance Prices Worldwide, World Bank (WB)","source_url":"https://data.worldbank.org/indicator/SI.RMT.COST.IB.ZS","title":"Average transaction cost of sending remittances to a specific country (%)","unit":"%"},"observations":[{"date":"2016-01-01","value":5.40754},{"date":"2017-01-01","value":4.55689},{"date":"2018-01-01","value":2.94951},{"date":"2019-01-01","value":2.76525},{"date":"2020-01-01","value":2.69799},{"date":"2021-01-01","value":2.34475},{"date":"2022-01-01","value":1.43369},{"date":"2023-01-01","value":1.67202}],"summary":{"latest_period":"2023-01-01","latest_value":1.67202,"max":5.40754,"mean":2.97846,"min":1.43369,"of":100,"rank":86,"trend":"falling"}}