{"entity":{"iso2":"KR","iso3":"KOR","name":"South Korea","slug":"korea-rep"},"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":15.3077},{"date":"1973-01-01","value":11.1539},{"date":"1974-01-01","value":12.162},{"date":"1975-01-01","value":13.6241},{"date":"1976-01-01","value":14.3405},{"date":"1977-01-01","value":13.4076},{"date":"1978-01-01","value":13.3804},{"date":"1979-01-01","value":14.4055},{"date":"1980-01-01","value":14.7514},{"date":"1981-01-01","value":14.6091},{"date":"1982-01-01","value":15.6035},{"date":"1983-01-01","value":13.873},{"date":"1984-01-01","value":13.3925},{"date":"1985-01-01","value":13.5616},{"date":"1986-01-01","value":12.8971},{"date":"1987-01-01","value":12.3},{"date":"1988-01-01","value":11.8696},{"date":"1989-01-01","value":12.7322},{"date":"1990-01-01","value":12.8647},{"date":"1991-01-01","value":12.7858},{"date":"1992-01-01","value":13.0025},{"date":"1993-01-01","value":12.6972},{"date":"1994-01-01","value":12.7596},{"date":"1995-01-01","value":12.612},{"date":"1996-01-01","value":12.8086},{"date":"1997-01-01","value":12.6203},{"date":"1998-01-01","value":14.7376},{"date":"1999-01-01","value":14.3225},{"date":"2000-01-01","value":14.842},{"date":"2001-01-01","value":15.7579},{"date":"2002-01-01","value":14.8987},{"date":"2003-01-01","value":16.6884},{"date":"2004-01-01","value":16.5416},{"date":"2005-01-01","value":17.1439},{"date":"2006-01-01","value":17.8411},{"date":"2007-01-01","value":17.3082},{"date":"2008-01-01","value":17.5748},{"date":"2009-01-01","value":18.5341},{"date":"2010-01-01","value":16.9007},{"date":"2011-01-01","value":17.3891},{"date":"2012-01-01","value":23.5765},{"date":"2013-01-01","value":22.9599},{"date":"2014-01-01","value":22.5298},{"date":"2015-01-01","value":22.3728},{"date":"2016-01-01","value":22.3217},{"date":"2017-01-01","value":22.7421},{"date":"2018-01-01","value":23.5674},{"date":"2019-01-01","value":25.9472},{"date":"2020-01-01","value":28.0257},{"date":"2021-01-01","value":28.5465},{"date":"2022-01-01","value":31.2975},{"date":"2023-01-01","value":28.3225}],"summary":{"latest_period":"2023-01-01","latest_value":28.3225,"max":31.2975,"mean":16.8887,"min":11.1539,"of":157,"rank":66,"trend":"rising"}}