{"entity":{"iso2":"XC","iso3":"EMU","name":"Euro area","slug":"euro-area"},"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":1.7376},{"date":"1997-01-01","value":1.71204},{"date":"1998-01-01","value":1.73831},{"date":"1999-01-01","value":1.76085},{"date":"2000-01-01","value":1.80099},{"date":"2001-01-01","value":1.79012},{"date":"2002-01-01","value":1.82987},{"date":"2003-01-01","value":1.79697},{"date":"2004-01-01","value":1.77442},{"date":"2005-01-01","value":1.76782},{"date":"2006-01-01","value":1.78689},{"date":"2007-01-01","value":1.7914},{"date":"2008-01-01","value":1.87295},{"date":"2009-01-01","value":1.96473},{"date":"2010-01-01","value":1.97133},{"date":"2011-01-01","value":2.01377},{"date":"2012-01-01","value":2.07088},{"date":"2013-01-01","value":2.08894},{"date":"2014-01-01","value":2.11978},{"date":"2015-01-01","value":2.10986},{"date":"2016-01-01","value":2.11352},{"date":"2017-01-01","value":2.15253},{"date":"2018-01-01","value":2.18551},{"date":"2019-01-01","value":2.22807},{"date":"2020-01-01","value":2.30053},{"date":"2021-01-01","value":2.25891},{"date":"2022-01-01","value":2.25108},{"date":"2023-01-01","value":2.28951}],"summary":{"latest_period":"2023-01-01","latest_value":2.28951,"max":2.30053,"mean":1.97426,"min":1.71204,"of":2,"rank":1,"trend":"rising"}}