{"entity":{"iso2":"PW","iso3":"PLW","name":"Palau","slug":"palau"},"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":"2008-01-01","value":50.7764},{"date":"2009-01-01","value":52.2467},{"date":"2010-01-01","value":51.0365},{"date":"2011-01-01","value":53.5934},{"date":"2012-01-01","value":53.8373},{"date":"2013-01-01","value":48.5476},{"date":"2014-01-01","value":46.0243},{"date":"2015-01-01","value":39.6302},{"date":"2016-01-01","value":40.7115},{"date":"2017-01-01","value":41.6402},{"date":"2018-01-01","value":40.6887},{"date":"2019-01-01","value":42.4252},{"date":"2020-01-01","value":58.9547}],"summary":{"latest_period":"2020-01-01","latest_value":58.9547,"max":58.9547,"mean":47.701,"min":39.6302,"of":157,"rank":5,"trend":"falling"}}