{"entity":{"iso2":"PA","iso3":"PAN","name":"Panama","slug":"panama"},"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":"2014-01-01","value":12.9113},{"date":"2015-01-01","value":13.9994},{"date":"2016-01-01","value":13.6951},{"date":"2017-01-01","value":13.9418},{"date":"2018-01-01","value":13.5921},{"date":"2019-01-01","value":15.0373},{"date":"2020-01-01","value":19.2689},{"date":"2021-01-01","value":17.1413}],"summary":{"latest_period":"2021-01-01","latest_value":17.1413,"max":19.2689,"mean":14.9484,"min":12.9113,"of":157,"rank":123,"trend":"rising"}}