{"entity":{"iso2":"AU","iso3":"AUS","name":"Australia","slug":"australia"},"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":"1972-01-01","value":18.0329},{"date":"1973-01-01","value":18.4358},{"date":"1974-01-01","value":18.119},{"date":"1975-01-01","value":21.2442},{"date":"1976-01-01","value":23.6141},{"date":"1977-01-01","value":23.5878},{"date":"1978-01-01","value":24.4668},{"date":"1979-01-01","value":23.6674},{"date":"1980-01-01","value":23.3315},{"date":"1981-01-01","value":23.5265},{"date":"1982-01-01","value":23.2592},{"date":"1983-01-01","value":25.5377},{"date":"1984-01-01","value":26.4409},{"date":"1985-01-01","value":26.3916},{"date":"1986-01-01","value":26.094},{"date":"1987-01-01","value":25.6614},{"date":"1988-01-01","value":24.166},{"date":"1989-01-01","value":22.1552},{"date":"1990-01-01","value":21.7868},{"date":"1991-01-01","value":23.1343},{"date":"1992-01-01","value":24.4022},{"date":"1993-01-01","value":24.9341},{"date":"1994-01-01","value":25.0562},{"date":"1995-01-01","value":25.3474},{"date":"1996-01-01","value":24.5253},{"date":"1997-01-01","value":23.7685},{"date":"1998-01-01","value":21.2905},{"date":"1999-01-01","value":24.4583},{"date":"2000-01-01","value":23.9865},{"date":"2001-01-01","value":26.1279},{"date":"2002-01-01","value":26.314},{"date":"2003-01-01","value":25.6619},{"date":"2004-01-01","value":25.5648},{"date":"2005-01-01","value":25.5135},{"date":"2006-01-01","value":24.8563},{"date":"2007-01-01","value":24.4015},{"date":"2008-01-01","value":24.2689},{"date":"2009-01-01","value":26.3814},{"date":"2010-01-01","value":26.6186},{"date":"2011-01-01","value":25.9164},{"date":"2012-01-01","value":26.0316},{"date":"2013-01-01","value":25.772},{"date":"2014-01-01","value":26.1435},{"date":"2015-01-01","value":26.6555},{"date":"2016-01-01","value":26.8783},{"date":"2017-01-01","value":26.5276},{"date":"2018-01-01","value":26.1317},{"date":"2019-01-01","value":26.0712},{"date":"2020-01-01","value":30.1435},{"date":"2021-01-01","value":32.5518},{"date":"2022-01-01","value":27.5833}],"summary":{"latest_period":"2022-01-01","latest_value":27.5833,"max":32.5518,"mean":24.7556,"min":18.0329,"of":157,"rank":71,"trend":"rising"}}