{"entity":{"iso2":"NI","iso3":"NIC","name":"Nicaragua","slug":"nicaragua"},"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":"1970-01-01","value":2.03859},{"date":"1971-01-01","value":2.49203},{"date":"1987-01-01","value":5.35175},{"date":"1992-01-01","value":2.98497},{"date":"1998-01-01","value":2.22585},{"date":"1999-01-01","value":2.92365},{"date":"2000-01-01","value":3.0016},{"date":"2002-01-01","value":2.39101},{"date":"2003-01-01","value":2.42201},{"date":"2010-01-01","value":4.48422},{"date":"2014-01-01","value":4.08329},{"date":"2015-01-01","value":4.07843},{"date":"2016-01-01","value":4.08114},{"date":"2017-01-01","value":4.35769},{"date":"2018-01-01","value":4.47381},{"date":"2019-01-01","value":4.59992},{"date":"2020-01-01","value":4.58034},{"date":"2021-01-01","value":4.08717},{"date":"2022-01-01","value":3.80001},{"date":"2023-01-01","value":2.86955}],"summary":{"latest_period":"2023-01-01","latest_value":2.86955,"max":5.35175,"mean":3.56635,"min":2.03859,"of":196,"rank":153,"trend":"rising"}}