{"entity":{"iso2":"ZJ","iso3":"LCN","name":"Latin America & Caribbean","slug":"latin-america-and-caribbean"},"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":12.9845},{"date":"2003-01-01","value":13.441},{"date":"2004-01-01","value":13.2674},{"date":"2005-01-01","value":14.6735},{"date":"2006-01-01","value":14.9587},{"date":"2007-01-01","value":14.8501},{"date":"2008-01-01","value":14.7628},{"date":"2009-01-01","value":12.7716},{"date":"2010-01-01","value":12.7767},{"date":"2011-01-01","value":13.0313},{"date":"2012-01-01","value":15.7664},{"date":"2013-01-01","value":15.4958},{"date":"2014-01-01","value":14.1848},{"date":"2015-01-01","value":13.1634},{"date":"2016-01-01","value":11.4991},{"date":"2017-01-01","value":12.2977},{"date":"2018-01-01","value":11.3402},{"date":"2019-01-01","value":11.2795},{"date":"2020-01-01","value":11.3733},{"date":"2021-01-01","value":13.7878},{"date":"2022-01-01","value":14.1151},{"date":"2023-01-01","value":11.741}],"summary":{"latest_period":"2023-01-01","latest_value":11.741,"max":15.7664,"mean":13.3437,"min":11.2795,"of":41,"rank":24,"trend":"falling"}}