{"entity":{"iso2":"XJ","iso3":"LAC","name":"Latin America & Caribbean (excluding high income)","slug":"latin-america-and-caribbean-excluding-high-income"},"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":"2010-01-01","value":24.381},{"date":"2011-01-01","value":24.7044},{"date":"2012-01-01","value":24.609},{"date":"2013-01-01","value":25.4381},{"date":"2014-01-01","value":25.7527},{"date":"2015-01-01","value":27.5791},{"date":"2016-01-01","value":27.4763},{"date":"2017-01-01","value":26.5677},{"date":"2018-01-01","value":26.5497},{"date":"2019-01-01","value":26.1485},{"date":"2020-01-01","value":29.5101},{"date":"2021-01-01","value":26.1946},{"date":"2022-01-01","value":27.316},{"date":"2023-01-01","value":27.6442}],"summary":{"latest_period":"2023-01-01","latest_value":27.6442,"max":29.5101,"mean":26.4194,"min":24.381,"of":26,"rank":15,"trend":"rising"}}