{"entity":{"iso2":"ZJ","iso3":"LCN","name":"Latin America & Caribbean","slug":"latin-america-and-caribbean"},"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":24.2251},{"date":"2011-01-01","value":24.4524},{"date":"2012-01-01","value":24.4184},{"date":"2013-01-01","value":25.2099},{"date":"2014-01-01","value":25.441},{"date":"2015-01-01","value":27.1986},{"date":"2016-01-01","value":27.1718},{"date":"2017-01-01","value":26.2961},{"date":"2018-01-01","value":26.3183},{"date":"2019-01-01","value":26.0177},{"date":"2020-01-01","value":29.3198},{"date":"2021-01-01","value":26.4359},{"date":"2022-01-01","value":27.2418},{"date":"2023-01-01","value":27.5724}],"summary":{"latest_period":"2023-01-01","latest_value":27.5724,"max":29.3198,"mean":26.2371,"min":24.2251,"of":26,"rank":17,"trend":"rising"}}