{"entity":{"iso2":"XT","iso3":"UMC","name":"Upper middle income","slug":"upper-middle-income"},"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":"2003-01-01","value":13.1263},{"date":"2006-01-01","value":16.9321},{"date":"2007-01-01","value":17.0053},{"date":"2008-01-01","value":13.8274},{"date":"2009-01-01","value":12.7716},{"date":"2010-01-01","value":13.3507},{"date":"2011-01-01","value":13.4655},{"date":"2012-01-01","value":15.6858},{"date":"2013-01-01","value":14.2144},{"date":"2014-01-01","value":13.4416},{"date":"2015-01-01","value":12.9858},{"date":"2016-01-01","value":11.795},{"date":"2017-01-01","value":12.7089},{"date":"2018-01-01","value":13.3453},{"date":"2019-01-01","value":12.8178},{"date":"2020-01-01","value":12.6372},{"date":"2021-01-01","value":13.7878},{"date":"2022-01-01","value":13.433},{"date":"2023-01-01","value":13.8559}],"summary":{"latest_period":"2023-01-01","latest_value":13.8559,"max":17.0053,"mean":13.7467,"min":11.795,"of":39,"rank":22,"trend":"falling"}}