{"entity":{"iso2":"AE","iso3":"ARE","name":"United Arab Emirates","slug":"united-arab-emirates"},"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":"1997-01-01","value":50.1455},{"date":"1998-01-01","value":48.6319},{"date":"1999-01-01","value":45.699},{"date":"2011-01-01","value":30.8744},{"date":"2012-01-01","value":29.1553},{"date":"2013-01-01","value":29.2304},{"date":"2014-01-01","value":29.3917},{"date":"2015-01-01","value":36.7836},{"date":"2016-01-01","value":39.319},{"date":"2017-01-01","value":36.6008},{"date":"2018-01-01","value":36.6448},{"date":"2019-01-01","value":40.0936},{"date":"2020-01-01","value":37.4405},{"date":"2021-01-01","value":30.5684},{"date":"2022-01-01","value":33.6469},{"date":"2023-01-01","value":28.941}],"summary":{"latest_period":"2023-01-01","latest_value":28.941,"max":50.1455,"mean":36.4479,"min":28.941,"of":154,"rank":16,"trend":"falling"}}