{"entity":{"iso2":"AM","iso3":"ARM","name":"Armenia","slug":"armenia"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"share-edu-spending-gdp-vs-share-edu-total-spending","source":"UNESCO Institute for Statistics (2026) \u2013 with minor processing by Our World in Data","source_url":"https://ourworldindata.org/grapher/share-edu-spending-gdp-vs-share-edu-total-spending","title":"Share of GDP spent on education vs. share of government spending assigned to education","unit":"%"},"observations":[{"date":"2005-01-01","value":13.6481},{"date":"2006-01-01","value":13.5785},{"date":"2007-01-01","value":13.4656},{"date":"2008-01-01","value":14.2684},{"date":"2009-01-01","value":13.4512},{"date":"2010-01-01","value":12.4005},{"date":"2011-01-01","value":12.5933},{"date":"2012-01-01","value":12.369},{"date":"2013-01-01","value":11.1368},{"date":"2014-01-01","value":9.36712},{"date":"2015-01-01","value":10.6564},{"date":"2016-01-01","value":10.1972},{"date":"2017-01-01","value":10.4031},{"date":"2018-01-01","value":8.67859},{"date":"2019-01-01","value":8.57524},{"date":"2020-01-01","value":8.82778},{"date":"2021-01-01","value":9.65532},{"date":"2022-01-01","value":9.44655},{"date":"2023-01-01","value":9.0369},{"date":"2024-01-01","value":9.44001},{"date":"2025-01-01","value":8.70836}],"summary":{"latest_period":"2025-01-01","latest_value":8.70836,"max":14.2684,"mean":10.9478,"min":8.57524,"of":194,"rank":165,"trend":"falling"}}