{"entity":{"iso2":"PH","iso3":"PHL","name":"Philippines","slug":"philippines"},"indicator":{"licence":"CC BY 4.0 (World Bank Open Data)","slug":"market-capitalization-excluding-top-10-companies-to-total-market-capitalization-percent","source":"World Federation of Exchanges","source_url":"https://data.worldbank.org/indicator/GFDD.AM.02","title":"Market capitalization excluding top 10 companies to total market capitalization (%)","unit":"%"},"observations":[{"date":"1998-01-01","value":36.8383},{"date":"1999-01-01","value":43.2272},{"date":"2000-01-01","value":37.3},{"date":"2001-01-01","value":38.6},{"date":"2002-01-01","value":38.5456},{"date":"2003-01-01","value":35.4622},{"date":"2004-01-01","value":34.9174},{"date":"2005-01-01","value":39.2084},{"date":"2006-01-01","value":43.8488},{"date":"2007-01-01","value":49.2878},{"date":"2008-01-01","value":44.8205},{"date":"2009-01-01","value":51.6538},{"date":"2010-01-01","value":57.1114},{"date":"2011-01-01","value":58.8146},{"date":"2012-01-01","value":57.976},{"date":"2013-01-01","value":62.3265},{"date":"2014-01-01","value":60.334},{"date":"2015-01-01","value":57.597},{"date":"2016-01-01","value":59.2332},{"date":"2017-01-01","value":56.0},{"date":"2020-01-01","value":54.72}],"summary":{"latest_period":"2020-01-01","latest_value":54.72,"max":62.3265,"mean":48.4677,"min":34.9174,"of":51,"rank":21,"trend":"rising"}}