{"entity":{"iso2":"KR","iso3":"KOR","name":"Republic of Korea","slug":"korea-rep"},"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":"1972-01-01","value":24.6596},{"date":"1973-01-01","value":28.96},{"date":"1974-01-01","value":32.5486},{"date":"1975-01-01","value":31.8711},{"date":"1976-01-01","value":31.2619},{"date":"1977-01-01","value":34.1223},{"date":"1978-01-01","value":37.7667},{"date":"1979-01-01","value":28.5022},{"date":"1980-01-01","value":32.0309},{"date":"1981-01-01","value":32.4043},{"date":"1982-01-01","value":29.7686},{"date":"1983-01-01","value":30.5029},{"date":"1984-01-01","value":27.9186},{"date":"1985-01-01","value":28.8083},{"date":"1986-01-01","value":28.8165},{"date":"1987-01-01","value":28.6308},{"date":"1988-01-01","value":27.3879},{"date":"1989-01-01","value":25.1944},{"date":"1990-01-01","value":23.4799},{"date":"1991-01-01","value":23.2259},{"date":"1992-01-01","value":22.3902},{"date":"1993-01-01","value":21.3481},{"date":"1994-01-01","value":19.2574},{"date":"1995-01-01","value":15.5778},{"date":"1996-01-01","value":15.3864},{"date":"1997-01-01","value":15.6297},{"date":"1998-01-01","value":14.2449},{"date":"1999-01-01","value":11.0633},{"date":"2000-01-01","value":13.5176},{"date":"2001-01-01","value":11.9783},{"date":"2002-01-01","value":12.2324},{"date":"2003-01-01","value":10.1336},{"date":"2004-01-01","value":10.0433},{"date":"2005-01-01","value":9.74491},{"date":"2006-01-01","value":9.78515},{"date":"2007-01-01","value":6.49971},{"date":"2008-01-01","value":6.83464},{"date":"2009-01-01","value":10.8454},{"date":"2010-01-01","value":11.0957},{"date":"2011-01-01","value":10.912},{"date":"2012-01-01","value":12.0354},{"date":"2013-01-01","value":13.1662},{"date":"2014-01-01","value":13.3527},{"date":"2015-01-01","value":14.762},{"date":"2016-01-01","value":14.8032},{"date":"2017-01-01","value":13.8982},{"date":"2018-01-01","value":11.6002},{"date":"2019-01-01","value":10.9275},{"date":"2020-01-01","value":10.8848},{"date":"2021-01-01","value":12.0279},{"date":"2022-01-01","value":10.8809},{"date":"2023-01-01","value":12.488}],"summary":{"latest_period":"2023-01-01","latest_value":12.488,"max":37.7667,"mean":19.1771,"min":6.49971,"of":154,"rank":91,"trend":"falling"}}