{"entity":{"iso2":"PA","iso3":"PAN","name":"Panama","slug":"panama"},"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":"2014-01-01","value":14.6953},{"date":"2015-01-01","value":12.5621},{"date":"2016-01-01","value":11.6064},{"date":"2017-01-01","value":11.5063},{"date":"2018-01-01","value":10.0084},{"date":"2019-01-01","value":11.4952},{"date":"2020-01-01","value":8.1846},{"date":"2021-01-01","value":8.76691}],"summary":{"latest_period":"2021-01-01","latest_value":8.76691,"max":14.6953,"mean":11.1032,"min":8.1846,"of":154,"rank":118,"trend":"falling"}}