{"entity":{"iso2":"IS","iso3":"ISL","name":"Iceland","slug":"iceland"},"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":22.0996},{"date":"1973-01-01","value":22.8997},{"date":"1974-01-01","value":25.9352},{"date":"1975-01-01","value":25.4876},{"date":"1976-01-01","value":21.753},{"date":"1977-01-01","value":21.7442},{"date":"1978-01-01","value":22.7857},{"date":"1979-01-01","value":23.8099},{"date":"1980-01-01","value":22.0843},{"date":"1981-01-01","value":22.5738},{"date":"1982-01-01","value":23.508},{"date":"1983-01-01","value":24.9594},{"date":"1984-01-01","value":22.4156},{"date":"1985-01-01","value":24.3049},{"date":"1986-01-01","value":26.9488},{"date":"1987-01-01","value":25.8251},{"date":"1988-01-01","value":28.8001},{"date":"1989-01-01","value":30.2886},{"date":"1990-01-01","value":28.4283},{"date":"1991-01-01","value":29.6267},{"date":"1992-01-01","value":30.0456},{"date":"1993-01-01","value":29.2976},{"date":"1994-01-01","value":29.0438},{"date":"1995-01-01","value":29.219},{"date":"1996-01-01","value":28.9018},{"date":"1997-01-01","value":26.6886},{"date":"1998-01-01","value":28.8515},{"date":"1999-01-01","value":29.4692},{"date":"2000-01-01","value":28.9769},{"date":"2001-01-01","value":29.2579},{"date":"2002-01-01","value":30.1265},{"date":"2003-01-01","value":31.5662},{"date":"2004-01-01","value":30.209},{"date":"2005-01-01","value":32.7384},{"date":"2006-01-01","value":32.2603},{"date":"2007-01-01","value":31.9163},{"date":"2008-01-01","value":50.3327},{"date":"2009-01-01","value":41.472},{"date":"2010-01-01","value":37.4944},{"date":"2011-01-01","value":38.0238},{"date":"2012-01-01","value":36.5922},{"date":"2013-01-01","value":34.4053},{"date":"2014-01-01","value":33.9833},{"date":"2015-01-01","value":31.8771},{"date":"2016-01-01","value":34.9997},{"date":"2017-01-01","value":31.0338},{"date":"2018-01-01","value":30.3825},{"date":"2019-01-01","value":30.6922},{"date":"2020-01-01","value":36.3539},{"date":"2021-01-01","value":34.6673},{"date":"2022-01-01","value":32.5552},{"date":"2023-01-01","value":32.0496}],"summary":{"latest_period":"2023-01-01","latest_value":32.0496,"max":50.3327,"mean":29.6493,"min":21.7442,"of":157,"rank":53,"trend":"rising"}}