{"entity":{"iso2":"XC","iso3":"EMU","name":"Euro area","slug":"euro-area"},"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":"1974-01-01","value":10.9375},{"date":"1975-01-01","value":10.7577},{"date":"1976-01-01","value":10.1056},{"date":"1977-01-01","value":9.92559},{"date":"1978-01-01","value":8.96296},{"date":"1979-01-01","value":9.43972},{"date":"1980-01-01","value":10.2791},{"date":"1981-01-01","value":10.4195},{"date":"1982-01-01","value":10.3069},{"date":"1983-01-01","value":10.1994},{"date":"1984-01-01","value":10.1347},{"date":"1985-01-01","value":10.1358},{"date":"1986-01-01","value":9.49109},{"date":"1987-01-01","value":9.87047},{"date":"1988-01-01","value":10.0024},{"date":"1989-01-01","value":9.80842},{"date":"1990-01-01","value":10.8427},{"date":"1991-01-01","value":9.02015},{"date":"1992-01-01","value":9.33289},{"date":"1993-01-01","value":9.43209},{"date":"1994-01-01","value":10.361},{"date":"1995-01-01","value":7.43224},{"date":"1996-01-01","value":7.11974},{"date":"1997-01-01","value":7.6786},{"date":"1998-01-01","value":7.49178},{"date":"1999-01-01","value":7.73301},{"date":"2000-01-01","value":7.94049},{"date":"2001-01-01","value":8.10987},{"date":"2002-01-01","value":7.99363},{"date":"2003-01-01","value":7.98579},{"date":"2004-01-01","value":8.05064},{"date":"2005-01-01","value":8.12298},{"date":"2006-01-01","value":9.66178},{"date":"2007-01-01","value":9.4364},{"date":"2008-01-01","value":8.68756},{"date":"2009-01-01","value":9.07135},{"date":"2010-01-01","value":8.43983},{"date":"2011-01-01","value":8.52042},{"date":"2012-01-01","value":7.58838},{"date":"2013-01-01","value":7.68288},{"date":"2014-01-01","value":7.62547},{"date":"2015-01-01","value":7.85136},{"date":"2016-01-01","value":8.1985},{"date":"2017-01-01","value":8.20443},{"date":"2018-01-01","value":7.87155},{"date":"2019-01-01","value":7.74509},{"date":"2020-01-01","value":7.87402},{"date":"2021-01-01","value":8.24589},{"date":"2022-01-01","value":8.12761},{"date":"2023-01-01","value":8.07876}],"summary":{"latest_period":"2023-01-01","latest_value":8.07876,"max":10.9375,"mean":8.88671,"min":7.11974,"of":2,"rank":1,"trend":"falling"}}