{"entity":{"iso2":"CY","iso3":"CYP","name":"Cyprus","slug":"cyprus"},"indicator":{"licence":"CC BY 4.0 (World Bank Open Data)","slug":"goods-and-services-expense-percent-of-expense","source":"Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)","source_url":"https://data.worldbank.org/indicator/GC.XPN.GSRV.ZS","title":"Goods and services expense (% of expense)","unit":"% of expense"},"observations":[{"date":"1972-01-01","value":21.1025},{"date":"1973-01-01","value":17.8479},{"date":"1974-01-01","value":20.2668},{"date":"1975-01-01","value":23.709},{"date":"1976-01-01","value":23.3048},{"date":"1977-01-01","value":21.2311},{"date":"1978-01-01","value":16.1068},{"date":"1979-01-01","value":17.056},{"date":"1980-01-01","value":13.5551},{"date":"1981-01-01","value":15.0583},{"date":"1982-01-01","value":12.9144},{"date":"1983-01-01","value":11.4897},{"date":"1984-01-01","value":11.9635},{"date":"1985-01-01","value":10.6831},{"date":"1986-01-01","value":9.64305},{"date":"1987-01-01","value":8.92058},{"date":"1988-01-01","value":8.97598},{"date":"1989-01-01","value":8.5036},{"date":"1990-01-01","value":7.80475},{"date":"1991-01-01","value":8.63369},{"date":"1992-01-01","value":8.17738},{"date":"1993-01-01","value":9.25934},{"date":"1994-01-01","value":8.33502},{"date":"1995-01-01","value":3.72065},{"date":"1996-01-01","value":3.20662},{"date":"1997-01-01","value":6.83944},{"date":"1998-01-01","value":11.504},{"date":"1999-01-01","value":11.9758},{"date":"2000-01-01","value":8.89468},{"date":"2001-01-01","value":11.9692},{"date":"2002-01-01","value":12.5884},{"date":"2003-01-01","value":10.9481},{"date":"2004-01-01","value":8.53818},{"date":"2005-01-01","value":8.60804},{"date":"2006-01-01","value":9.66178},{"date":"2007-01-01","value":9.7627},{"date":"2008-01-01","value":9.94652},{"date":"2009-01-01","value":10.2999},{"date":"2010-01-01","value":9.46789},{"date":"2011-01-01","value":9.06226},{"date":"2012-01-01","value":6.79431},{"date":"2013-01-01","value":7.6025},{"date":"2014-01-01","value":5.88824},{"date":"2015-01-01","value":7.30284},{"date":"2016-01-01","value":7.81918},{"date":"2017-01-01","value":8.22388},{"date":"2018-01-01","value":7.87155},{"date":"2019-01-01","value":9.64964},{"date":"2020-01-01","value":7.97557},{"date":"2021-01-01","value":8.79363},{"date":"2022-01-01","value":10.2248},{"date":"2023-01-01","value":9.19292}],"summary":{"latest_period":"2023-01-01","latest_value":9.19292,"max":23.709,"mean":10.9399,"min":3.20662,"of":154,"rank":113,"trend":"falling"}}