{"entity":{"iso2":"MN","iso3":"MNG","name":"Mongolia","slug":"mongolia"},"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":"1997-01-01","value":3.94897},{"date":"1998-01-01","value":5.49302},{"date":"1999-01-01","value":5.14567},{"date":"2000-01-01","value":5.55038},{"date":"2002-01-01","value":7.21078},{"date":"2004-01-01","value":4.32573},{"date":"2007-01-01","value":4.69013},{"date":"2009-01-01","value":5.14484},{"date":"2010-01-01","value":4.6451},{"date":"2011-01-01","value":4.60902},{"date":"2012-01-01","value":5.19522},{"date":"2013-01-01","value":4.94078},{"date":"2014-01-01","value":4.71484},{"date":"2015-01-01","value":4.22362},{"date":"2016-01-01","value":5.18311},{"date":"2017-01-01","value":4.06898},{"date":"2023-01-01","value":3.65765},{"date":"2024-01-01","value":5.2123}],"summary":{"latest_period":"2024-01-01","latest_value":5.2123,"max":7.21078,"mean":4.88667,"min":3.65765,"of":196,"rank":55,"trend":"falling"}}