{"entity":{"iso2":"IN","iso3":"IND","name":"India","slug":"india"},"indicator":{"licence":"CC BY 4.0 (World Bank Open Data)","slug":"research-and-development-expenditure-percent-of-gdp","source":"Stat Bulk Data Download Service, UN Educational, Scientific and Cultural Organization (UNESCO)","source_url":"https://data.worldbank.org/indicator/GB.XPD.RSDV.GD.ZS","title":"Research and development expenditure (% of GDP)","unit":"% of GDP"},"observations":[{"date":"1996-01-01","value":0.63905},{"date":"1997-01-01","value":0.68669},{"date":"1998-01-01","value":0.70378},{"date":"1999-01-01","value":0.72413},{"date":"2000-01-01","value":0.75699},{"date":"2001-01-01","value":0.73591},{"date":"2002-01-01","value":0.72567},{"date":"2003-01-01","value":0.71929},{"date":"2004-01-01","value":0.7569},{"date":"2005-01-01","value":0.82411},{"date":"2006-01-01","value":0.80473},{"date":"2007-01-01","value":0.80507},{"date":"2008-01-01","value":0.85876},{"date":"2009-01-01","value":0.83314},{"date":"2010-01-01","value":0.78849},{"date":"2011-01-01","value":0.75502},{"date":"2012-01-01","value":0.74399},{"date":"2013-01-01","value":0.70642},{"date":"2014-01-01","value":0.70158},{"date":"2015-01-01","value":0.6931},{"date":"2016-01-01","value":0.66984},{"date":"2017-01-01","value":0.66603},{"date":"2018-01-01","value":0.66001},{"date":"2019-01-01","value":0.65942},{"date":"2020-01-01","value":0.64558}],"summary":{"latest_period":"2020-01-01","latest_value":0.64558,"max":0.85876,"mean":0.730548,"min":0.63905,"of":116,"rank":54,"trend":"falling"}}