{"entity":{"iso2":"NI","iso3":"NIC","name":"Nicaragua","slug":"nicaragua"},"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":"1992-01-01","value":11.9335},{"date":"1998-01-01","value":13.3818},{"date":"1999-01-01","value":14.7168},{"date":"2000-01-01","value":14.5737},{"date":"2002-01-01","value":15.6878},{"date":"2003-01-01","value":14.887},{"date":"2010-01-01","value":26.408},{"date":"2014-01-01","value":23.0476},{"date":"2015-01-01","value":22.2829},{"date":"2016-01-01","value":21.3255},{"date":"2017-01-01","value":22.4333},{"date":"2018-01-01","value":22.7613},{"date":"2019-01-01","value":23.9411},{"date":"2020-01-01","value":22.6876},{"date":"2021-01-01","value":18.5222},{"date":"2022-01-01","value":18.5192},{"date":"2023-01-01","value":17.6886},{"date":"2024-01-01","value":11.0128}],"summary":{"latest_period":"2024-01-01","latest_value":11.0128,"max":26.408,"mean":18.6562,"min":11.0128,"of":194,"rank":130,"trend":"rising"}}