{"entity":{"iso2":"XJ","iso3":"LAC","name":"Latin America & Caribbean (excluding high income)","slug":"latin-america-and-caribbean-excluding-high-income"},"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":"2000-01-01","value":14.7091},{"date":"2003-01-01","value":13.6398},{"date":"2009-01-01","value":14.9035},{"date":"2010-01-01","value":13.3995},{"date":"2011-01-01","value":13.9852},{"date":"2012-01-01","value":16.3688},{"date":"2013-01-01","value":15.8397},{"date":"2014-01-01","value":14.9032},{"date":"2015-01-01","value":14.9124},{"date":"2016-01-01","value":12.4406},{"date":"2017-01-01","value":13.0922},{"date":"2018-01-01","value":12.5425},{"date":"2019-01-01","value":10.7633},{"date":"2020-01-01","value":11.7622},{"date":"2021-01-01","value":14.9307},{"date":"2022-01-01","value":15.0891},{"date":"2023-01-01","value":14.0127}],"summary":{"latest_period":"2023-01-01","latest_value":14.0127,"max":16.3688,"mean":13.9585,"min":10.7633,"of":41,"rank":21,"trend":"falling"}}