{"entity":{"iso2":"1W","iso3":"WLD","name":"World","slug":"world"},"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":"2002-01-01","value":12.6716},{"date":"2003-01-01","value":12.6945},{"date":"2004-01-01","value":12.0322},{"date":"2005-01-01","value":12.3912},{"date":"2006-01-01","value":12.784},{"date":"2007-01-01","value":12.4217},{"date":"2008-01-01","value":11.9965},{"date":"2009-01-01","value":11.6647},{"date":"2010-01-01","value":11.899},{"date":"2011-01-01","value":11.7902},{"date":"2012-01-01","value":11.7689},{"date":"2013-01-01","value":11.4315},{"date":"2014-01-01","value":12.5205},{"date":"2015-01-01","value":12.4961},{"date":"2016-01-01","value":11.7011},{"date":"2017-01-01","value":12.3286},{"date":"2018-01-01","value":11.7053},{"date":"2019-01-01","value":12.1982},{"date":"2020-01-01","value":11.519},{"date":"2021-01-01","value":12.6862},{"date":"2022-01-01","value":11.7402}],"summary":{"latest_period":"2022-01-01","latest_value":11.7402,"max":12.784,"mean":12.1163,"min":11.4315,"of":null,"rank":null,"trend":"flat"}}