{"entity":{"iso2":"KR","iso3":"KOR","name":"South Korea","slug":"korea-rep"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"government-spending-by-function-as-share-of-gdp-across-countries","source":"Our World in Data","source_url":"https://ourworldindata.org/grapher/government-spending-by-function-as-share-of-gdp-across-countries","title":"Government spending by function as share of gdp across countries","unit":null},"observations":[{"date":"2007-01-01","value":4.476},{"date":"2008-01-01","value":4.899},{"date":"2009-01-01","value":5.205},{"date":"2010-01-01","value":5.057},{"date":"2011-01-01","value":5.399},{"date":"2012-01-01","value":5.807},{"date":"2013-01-01","value":5.928},{"date":"2014-01-01","value":6.252},{"date":"2015-01-01","value":6.389},{"date":"2016-01-01","value":6.438},{"date":"2017-01-01","value":6.43},{"date":"2018-01-01","value":6.568},{"date":"2019-01-01","value":7.234},{"date":"2020-01-01","value":8.795},{"date":"2021-01-01","value":8.543},{"date":"2022-01-01","value":9.019},{"date":"2023-01-01","value":9.313}],"summary":{"latest_period":"2023-01-01","latest_value":9.313,"max":9.313,"mean":6.57365,"min":4.476,"of":37,"rank":33,"trend":"rising"}}