{"entity":{"iso2":"XC","iso3":"EMU","name":"Euro area","slug":"euro-area"},"indicator":{"licence":"CC BY 4.0 (World Bank Open Data)","slug":"expense-percent-of-gdp","source":"Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)","source_url":"https://data.worldbank.org/indicator/GC.XPN.TOTL.GD.ZS","title":"Expense (% of GDP)","unit":"% of GDP"},"observations":[{"date":"1972-01-01","value":23.0473},{"date":"1973-01-01","value":24.5227},{"date":"1974-01-01","value":25.6696},{"date":"1975-01-01","value":28.3654},{"date":"1976-01-01","value":28.445},{"date":"1977-01-01","value":28.8978},{"date":"1978-01-01","value":30.053},{"date":"1979-01-01","value":30.5784},{"date":"1980-01-01","value":31.8524},{"date":"1981-01-01","value":31.867},{"date":"1982-01-01","value":33.1903},{"date":"1983-01-01","value":33.36},{"date":"1984-01-01","value":33.5348},{"date":"1985-01-01","value":33.7802},{"date":"1986-01-01","value":35.5433},{"date":"1987-01-01","value":35.8884},{"date":"1988-01-01","value":34.5608},{"date":"1989-01-01","value":34.0185},{"date":"1990-01-01","value":34.2486},{"date":"1991-01-01","value":36.6985},{"date":"1992-01-01","value":38.0076},{"date":"1993-01-01","value":39.2666},{"date":"1994-01-01","value":38.6667},{"date":"1995-01-01","value":43.9608},{"date":"1996-01-01","value":41.4221},{"date":"1997-01-01","value":40.5076},{"date":"1998-01-01","value":39.139},{"date":"1999-01-01","value":38.8284},{"date":"2000-01-01","value":37.9299},{"date":"2001-01-01","value":37.9108},{"date":"2002-01-01","value":38.1672},{"date":"2003-01-01","value":38.4849},{"date":"2004-01-01","value":36.8691},{"date":"2005-01-01","value":36.7334},{"date":"2006-01-01","value":36.1574},{"date":"2007-01-01","value":35.5829},{"date":"2008-01-01","value":36.436},{"date":"2009-01-01","value":39.7401},{"date":"2010-01-01","value":40.0585},{"date":"2011-01-01","value":38.4869},{"date":"2012-01-01","value":39.5329},{"date":"2013-01-01","value":39.5416},{"date":"2014-01-01","value":39.0555},{"date":"2015-01-01","value":38.2467},{"date":"2016-01-01","value":37.8028},{"date":"2017-01-01","value":37.4907},{"date":"2018-01-01","value":37.0307},{"date":"2019-01-01","value":36.8268},{"date":"2020-01-01","value":42.7971},{"date":"2021-01-01","value":41.7906},{"date":"2022-01-01","value":40.0293}],"summary":{"latest_period":"2022-01-01","latest_value":40.0293,"max":43.9608,"mean":35.8946,"min":23.0473,"of":2,"rank":1,"trend":"rising"}}