{"entity":{"iso2":"AM","iso3":"ARM","name":"Armenia","slug":"armenia"},"indicator":{"licence":"CC BY 4.0 (World Bank Open Data)","slug":"goods-and-services-expense-percent-of-expense","source":"Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)","source_url":"https://data.worldbank.org/indicator/GC.XPN.GSRV.ZS","title":"Goods and services expense (% of expense)","unit":"% of expense"},"observations":[{"date":"2004-01-01","value":41.5526},{"date":"2005-01-01","value":39.8171},{"date":"2006-01-01","value":34.7719},{"date":"2007-01-01","value":36.2191},{"date":"2008-01-01","value":11.8836},{"date":"2009-01-01","value":12.719},{"date":"2010-01-01","value":13.3507},{"date":"2011-01-01","value":14.1979},{"date":"2012-01-01","value":16.3682},{"date":"2013-01-01","value":15.7056},{"date":"2014-01-01","value":17.1083},{"date":"2015-01-01","value":15.9166},{"date":"2016-01-01","value":10.4111},{"date":"2017-01-01","value":14.6842},{"date":"2018-01-01","value":13.9136},{"date":"2019-01-01","value":14.4573},{"date":"2020-01-01","value":11.5554},{"date":"2021-01-01","value":11.9201},{"date":"2022-01-01","value":12.0367},{"date":"2023-01-01","value":10.0475}],"summary":{"latest_period":"2023-01-01","latest_value":10.0475,"max":41.5526,"mean":18.4318,"min":10.0475,"of":154,"rank":103,"trend":"volatile"}}