{"entity":{"iso2":"AM","iso3":"ARM","name":"Armenia","slug":"armenia"},"indicator":{"licence":"CC BY 4.0 (World Bank Open Data)","slug":"expense-percent-of-gdp","source":"Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)","source_url":"https://data.worldbank.org/indicator/GC.XPN.TOTL.GD.ZS","title":"Expense (% of GDP)","unit":"% of GDP"},"observations":[{"date":"2004-01-01","value":16.956},{"date":"2005-01-01","value":18.1464},{"date":"2006-01-01","value":17.1482},{"date":"2007-01-01","value":17.0424},{"date":"2008-01-01","value":21.1397},{"date":"2009-01-01","value":23.8619},{"date":"2010-01-01","value":22.9974},{"date":"2011-01-01","value":22.568},{"date":"2012-01-01","value":21.3736},{"date":"2013-01-01","value":22.6372},{"date":"2014-01-01","value":23.9876},{"date":"2015-01-01","value":25.078},{"date":"2016-01-01","value":25.7115},{"date":"2017-01-01","value":22.6297},{"date":"2018-01-01","value":22.0768},{"date":"2019-01-01","value":21.7585},{"date":"2020-01-01","value":26.5813},{"date":"2021-01-01","value":24.9685},{"date":"2022-01-01","value":21.1628},{"date":"2023-01-01","value":20.9471}],"summary":{"latest_period":"2023-01-01","latest_value":20.9471,"max":26.5813,"mean":21.9386,"min":16.956,"of":157,"rank":104,"trend":"rising"}}