{"entity":{"iso2":"RS","iso3":"SRB","name":"Serbia","slug":"serbia"},"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":"2007-01-01","value":4.04881},{"date":"2009-01-01","value":4.31275},{"date":"2011-01-01","value":4.07355},{"date":"2016-01-01","value":3.50276},{"date":"2017-01-01","value":3.56539},{"date":"2018-01-01","value":3.43663},{"date":"2019-01-01","value":3.45866},{"date":"2021-01-01","value":3.14616},{"date":"2022-01-01","value":3.08255},{"date":"2023-01-01","value":3.40378}],"summary":{"latest_period":"2023-01-01","latest_value":3.40378,"max":4.31275,"mean":3.6031,"min":3.08255,"of":196,"rank":128,"trend":"falling"}}