{"entity":{"iso2":"IS","iso3":"ISL","name":"Iceland","slug":"iceland"},"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":11.5634},{"date":"1973-01-01","value":10.7461},{"date":"1974-01-01","value":10.2583},{"date":"1975-01-01","value":10.7293},{"date":"1976-01-01","value":13.1883},{"date":"1977-01-01","value":11.7159},{"date":"1978-01-01","value":11.4017},{"date":"1979-01-01","value":11.0354},{"date":"1980-01-01","value":12.503},{"date":"1981-01-01","value":12.4436},{"date":"1987-01-01","value":24.7102},{"date":"1988-01-01","value":22.8172},{"date":"1989-01-01","value":21.0356},{"date":"1990-01-01","value":22.462},{"date":"1991-01-01","value":21.7635},{"date":"1992-01-01","value":21.8893},{"date":"1993-01-01","value":22.3777},{"date":"1994-01-01","value":22.5909},{"date":"1995-01-01","value":22.732},{"date":"1996-01-01","value":22.5573},{"date":"1997-01-01","value":23.0934},{"date":"1998-01-01","value":20.7552},{"date":"1999-01-01","value":22.7427},{"date":"2000-01-01","value":24.2483},{"date":"2001-01-01","value":23.8608},{"date":"2002-01-01","value":24.015},{"date":"2003-01-01","value":23.2519},{"date":"2004-01-01","value":24.1225},{"date":"2005-01-01","value":22.8752},{"date":"2006-01-01","value":23.1137},{"date":"2007-01-01","value":22.8284},{"date":"2008-01-01","value":15.0418},{"date":"2009-01-01","value":18.88},{"date":"2010-01-01","value":20.3548},{"date":"2011-01-01","value":20.0827},{"date":"2012-01-01","value":20.5562},{"date":"2013-01-01","value":20.543},{"date":"2014-01-01","value":19.9518},{"date":"2015-01-01","value":20.2641},{"date":"2016-01-01","value":17.8716},{"date":"2017-01-01","value":20.4888},{"date":"2018-01-01","value":21.0399},{"date":"2019-01-01","value":21.1651},{"date":"2020-01-01","value":19.2965},{"date":"2021-01-01","value":20.9221},{"date":"2022-01-01","value":20.6268},{"date":"2023-01-01","value":21.4751}],"summary":{"latest_period":"2023-01-01","latest_value":21.4751,"max":24.7102,"mean":19.4466,"min":10.2583,"of":154,"rank":39,"trend":"rising"}}