{"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":"government-expenditure-on-education-total-percent-of-gdp","source":"Data API, UN Educational, Scientific and Cultural Organization (UNESCO)","source_url":"https://data.worldbank.org/indicator/SE.XPD.TOTL.GD.ZS","title":"Government expenditure on education, total (% of GDP)","unit":"% of GDP"},"observations":[{"date":"1995-01-01","value":2.98509},{"date":"1998-01-01","value":3.22828},{"date":"1999-01-01","value":3.70839},{"date":"2000-01-01","value":3.63414},{"date":"2001-01-01","value":3.83912},{"date":"2002-01-01","value":3.75037},{"date":"2003-01-01","value":3.4589},{"date":"2004-01-01","value":3.55808},{"date":"2006-01-01","value":3.79289},{"date":"2007-01-01","value":3.85517},{"date":"2008-01-01","value":4.53209},{"date":"2009-01-01","value":5.20645},{"date":"2010-01-01","value":4.54225},{"date":"2011-01-01","value":4.14937},{"date":"2012-01-01","value":4.6531},{"date":"2013-01-01","value":4.54814},{"date":"2014-01-01","value":4.4484},{"date":"2015-01-01","value":4.44749},{"date":"2016-01-01","value":4.41409},{"date":"2017-01-01","value":4.40769},{"date":"2018-01-01","value":4.46145},{"date":"2019-01-01","value":4.51068},{"date":"2020-01-01","value":4.53494},{"date":"2021-01-01","value":4.08717},{"date":"2022-01-01","value":3.83975},{"date":"2023-01-01","value":3.79015}],"summary":{"latest_period":"2023-01-01","latest_value":3.79015,"max":5.20645,"mean":4.09168,"min":2.98509,"of":46,"rank":16,"trend":"rising"}}