{"entity":{"iso2":"T2","iso3":"TLA","name":"Latin America & the Caribbean (IDA & IBRD countries)","slug":"latin-america-and-the-caribbean-ida-and-ibrd-countries"},"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":24.246},{"date":"2011-01-01","value":24.4711},{"date":"2012-01-01","value":24.4375},{"date":"2013-01-01","value":25.2306},{"date":"2014-01-01","value":25.4608},{"date":"2015-01-01","value":27.2215},{"date":"2016-01-01","value":27.1909},{"date":"2017-01-01","value":26.3096},{"date":"2018-01-01","value":26.3368},{"date":"2019-01-01","value":26.0333},{"date":"2020-01-01","value":29.327},{"date":"2021-01-01","value":26.4396},{"date":"2022-01-01","value":27.2525},{"date":"2023-01-01","value":27.5885}],"summary":{"latest_period":"2023-01-01","latest_value":27.5885,"max":29.327,"mean":26.2533,"min":24.246,"of":26,"rank":16,"trend":"rising"}}