{"entity":{"iso2":"PH","iso3":"PHL","name":"Philippines","slug":"philippines"},"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":"1990-01-01","value":16.7315},{"date":"1991-01-01","value":18.1365},{"date":"1992-01-01","value":15.3897},{"date":"1993-01-01","value":14.7359},{"date":"2000-01-01","value":13.7786},{"date":"2001-01-01","value":13.3564},{"date":"2002-01-01","value":11.8043},{"date":"2003-01-01","value":10.2109},{"date":"2004-01-01","value":10.3273},{"date":"2005-01-01","value":8.67701},{"date":"2006-01-01","value":10.4735},{"date":"2007-01-01","value":6.41193},{"date":"2008-01-01","value":12.6849},{"date":"2009-01-01","value":15.4016},{"date":"2010-01-01","value":14.0452},{"date":"2011-01-01","value":14.6682},{"date":"2012-01-01","value":17.1365},{"date":"2013-01-01","value":17.774},{"date":"2014-01-01","value":18.232},{"date":"2015-01-01","value":21.4663},{"date":"2016-01-01","value":20.6505},{"date":"2017-01-01","value":20.6476},{"date":"2018-01-01","value":20.2471},{"date":"2019-01-01","value":19.8237},{"date":"2020-01-01","value":25.2066},{"date":"2021-01-01","value":23.7682},{"date":"2022-01-01","value":21.4552},{"date":"2023-01-01","value":22.3353}],"summary":{"latest_period":"2023-01-01","latest_value":22.3353,"max":25.2066,"mean":16.2706,"min":6.41193,"of":154,"rank":34,"trend":"rising"}}