{"entity":{"iso2":"MO","iso3":"MAC","name":"Macao","slug":"macao-sar-china"},"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":"1996-01-01","value":20.2882},{"date":"1997-01-01","value":19.7662},{"date":"1998-01-01","value":20.7831},{"date":"1999-01-01","value":24.5481},{"date":"2000-01-01","value":22.2874},{"date":"2001-01-01","value":21.8894},{"date":"2002-01-01","value":19.0937},{"date":"2003-01-01","value":21.0701},{"date":"2004-01-01","value":20.4597},{"date":"2005-01-01","value":22.1364},{"date":"2006-01-01","value":22.0306},{"date":"2007-01-01","value":23.3179},{"date":"2008-01-01","value":16.6288},{"date":"2009-01-01","value":16.2147},{"date":"2010-01-01","value":15.0643},{"date":"2011-01-01","value":16.4444},{"date":"2012-01-01","value":18.4446},{"date":"2013-01-01","value":17.5253},{"date":"2014-01-01","value":17.5882},{"date":"2015-01-01","value":17.3548},{"date":"2016-01-01","value":16.0743},{"date":"2017-01-01","value":14.9716},{"date":"2018-01-01","value":15.3708},{"date":"2019-01-01","value":17.6385},{"date":"2020-01-01","value":13.3979},{"date":"2021-01-01","value":15.5129},{"date":"2022-01-01","value":21.5781},{"date":"2023-01-01","value":18.0124}],"summary":{"latest_period":"2023-01-01","latest_value":18.0124,"max":24.5481,"mean":18.7676,"min":13.3979,"of":154,"rank":54,"trend":"falling"}}