{"entity":{"iso2":"RS","iso3":"SRB","name":"Serbia","slug":"serbia"},"indicator":{"licence":"CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)","slug":"initial-government-expenditure-on-education-as-a-percentage-of-gdp-percent","source":"UNESCO Institute for Statistics","source_url":"https://data.uis.unesco.org/?indicator=XGDP.FSGOV.FFNTR","title":"Initial government expenditure on education as a percentage of GDP (%)","unit":"%"},"observations":[{"date":"2007-01-01","value":4.08737},{"date":"2008-01-01","value":4.32354},{"date":"2009-01-01","value":4.38183},{"date":"2010-01-01","value":4.20671},{"date":"2011-01-01","value":4.10543},{"date":"2012-01-01","value":4.02438},{"date":"2014-01-01","value":3.78498},{"date":"2015-01-01","value":3.64823},{"date":"2016-01-01","value":3.51434},{"date":"2017-01-01","value":3.57639},{"date":"2018-01-01","value":3.45381},{"date":"2019-01-01","value":3.47408},{"date":"2020-01-01","value":3.43476},{"date":"2021-01-01","value":3.16844},{"date":"2022-01-01","value":3.08027},{"date":"2023-01-01","value":3.40378}],"summary":{"latest_period":"2023-01-01","latest_value":3.40378,"max":4.38183,"mean":3.72927,"min":3.08027,"of":185,"rank":118,"trend":"falling"}}