{"entity":{"iso2":"NZ","iso3":"NZL","name":"New Zealand","slug":"new-zealand"},"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":"1985-01-01","value":8.19353},{"date":"1986-01-01","value":8.09368},{"date":"1987-01-01","value":8.8785},{"date":"1988-01-01","value":9.70112},{"date":"1989-01-01","value":10.139},{"date":"1994-01-01","value":14.0804},{"date":"1995-01-01","value":14.0012},{"date":"1996-01-01","value":16.102},{"date":"1997-01-01","value":15.7912},{"date":"1999-01-01","value":16.2317},{"date":"2000-01-01","value":14.8135},{"date":"2013-01-01","value":15.5577},{"date":"2014-01-01","value":15.5285},{"date":"2015-01-01","value":15.5518},{"date":"2016-01-01","value":15.3664},{"date":"2017-01-01","value":15.0439},{"date":"2018-01-01","value":14.5595},{"date":"2019-01-01","value":13.4749},{"date":"2020-01-01","value":13.6221},{"date":"2021-01-01","value":13.4576},{"date":"2022-01-01","value":12.6148},{"date":"2023-01-01","value":12.7267}],"summary":{"latest_period":"2023-01-01","latest_value":12.7267,"max":16.2317,"mean":13.3423,"min":8.09368,"of":194,"rank":96,"trend":"rising"}}