{"entity":{"iso2":"AU","iso3":"AUS","name":"Australia","slug":"australia"},"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":"1988-01-01","value":13.2497},{"date":"1989-01-01","value":13.3509},{"date":"1990-01-01","value":13.5917},{"date":"1991-01-01","value":14.0653},{"date":"1992-01-01","value":13.204},{"date":"1993-01-01","value":15.0169},{"date":"1994-01-01","value":14.297},{"date":"2020-01-01","value":12.1691},{"date":"2021-01-01","value":12.1088},{"date":"2022-01-01","value":12.642}],"summary":{"latest_period":"2022-01-01","latest_value":12.642,"max":15.0169,"mean":13.3696,"min":12.1088,"of":194,"rank":98,"trend":"falling"}}