{"entity":{"iso2":"V3","iso3":"LTE","name":"Late-demographic dividend","slug":"late-demographic-dividend"},"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":"1995-01-01","value":16.0774},{"date":"1996-01-01","value":14.1531},{"date":"1997-01-01","value":14.888},{"date":"1998-01-01","value":13.5036},{"date":"1999-01-01","value":13.0337},{"date":"2000-01-01","value":11.9556},{"date":"2001-01-01","value":14.5326},{"date":"2002-01-01","value":13.8301},{"date":"2003-01-01","value":12.9378},{"date":"2004-01-01","value":12.0016},{"date":"2005-01-01","value":14.3702},{"date":"2006-01-01","value":13.2843},{"date":"2007-01-01","value":12.1088},{"date":"2008-01-01","value":12.0536},{"date":"2009-01-01","value":10.923},{"date":"2010-01-01","value":10.5395},{"date":"2011-01-01","value":10.3088},{"date":"2012-01-01","value":10.8068},{"date":"2013-01-01","value":10.4246},{"date":"2014-01-01","value":10.6908},{"date":"2015-01-01","value":10.6716},{"date":"2016-01-01","value":10.4111},{"date":"2017-01-01","value":10.6207},{"date":"2018-01-01","value":10.8899},{"date":"2019-01-01","value":11.0639},{"date":"2020-01-01","value":11.2576},{"date":"2021-01-01","value":10.149},{"date":"2022-01-01","value":10.8001},{"date":"2023-01-01","value":9.51559}],"summary":{"latest_period":"2023-01-01","latest_value":9.51559,"max":16.0774,"mean":11.9932,"min":9.51559,"of":39,"rank":30,"trend":"falling"}}