{"entity":{"iso2":"NZ","iso3":"NZL","name":"New Zealand","slug":"new-zealand"},"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":"1973-01-01","value":4.75323},{"date":"1974-01-01","value":4.7468},{"date":"1975-01-01","value":5.16753},{"date":"1976-01-01","value":5.45474},{"date":"1977-01-01","value":4.45267},{"date":"1978-01-01","value":4.53253},{"date":"1979-01-01","value":4.46766},{"date":"1980-01-01","value":4.23265},{"date":"1981-01-01","value":4.44055},{"date":"1982-01-01","value":4.5327},{"date":"1984-01-01","value":4.04568},{"date":"1985-01-01","value":3.5463},{"date":"1986-01-01","value":3.43031},{"date":"1987-01-01","value":3.91739},{"date":"1988-01-01","value":4.42586},{"date":"1989-01-01","value":4.81824},{"date":"1994-01-01","value":5.92605},{"date":"1995-01-01","value":5.74213},{"date":"1996-01-01","value":6.38372},{"date":"1997-01-01","value":6.15722},{"date":"1999-01-01","value":6.63621},{"date":"2000-01-01","value":5.60442},{"date":"2013-01-01","value":5.8854},{"date":"2014-01-01","value":5.80333},{"date":"2015-01-01","value":5.70351},{"date":"2016-01-01","value":5.49972},{"date":"2017-01-01","value":5.27543},{"date":"2018-01-01","value":5.18968},{"date":"2019-01-01","value":5.17411},{"date":"2020-01-01","value":5.64268},{"date":"2021-01-01","value":5.54092},{"date":"2022-01-01","value":5.16742},{"date":"2023-01-01","value":5.21326}],"summary":{"latest_period":"2023-01-01","latest_value":5.21326,"max":6.63621,"mean":5.07606,"min":3.43031,"of":196,"rank":54,"trend":"rising"}}