{"entity":{"iso2":"EC","iso3":"ECU","name":"Ecuador","slug":"ecuador"},"indicator":{"licence":"CC BY 4.0 (World Bank Open Data)","slug":"research-and-development-expenditure-percent-of-gdp","source":"Stat Bulk Data Download Service, UN Educational, Scientific and Cultural Organization (UNESCO)","source_url":"https://data.worldbank.org/indicator/GB.XPD.RSDV.GD.ZS","title":"Research and development expenditure (% of GDP)","unit":"% of GDP"},"observations":[{"date":"1996-01-01","value":0.07406},{"date":"1997-01-01","value":0.06263},{"date":"1998-01-01","value":0.06517},{"date":"2001-01-01","value":0.05448},{"date":"2002-01-01","value":0.0584},{"date":"2003-01-01","value":0.06007},{"date":"2006-01-01","value":0.13176},{"date":"2007-01-01","value":0.13501},{"date":"2008-01-01","value":0.23011},{"date":"2009-01-01","value":0.41055},{"date":"2010-01-01","value":0.41127},{"date":"2011-01-01","value":0.34115},{"date":"2012-01-01","value":0.33308},{"date":"2013-01-01","value":0.37423},{"date":"2014-01-01","value":0.43839}],"summary":{"latest_period":"2014-01-01","latest_value":0.43839,"max":0.43839,"mean":0.212024,"min":0.05448,"of":116,"rank":62,"trend":"volatile"}}