{"entity":{"iso2":"T7","iso3":"TEC","name":"Europe & Central Asia (IDA & IBRD countries)","slug":"europe-and-central-asia-ida-and-ibrd-countries"},"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":0.733647},{"date":"1997-01-01","value":0.777101},{"date":"1998-01-01","value":0.650631},{"date":"1999-01-01","value":0.676455},{"date":"2000-01-01","value":0.695753},{"date":"2001-01-01","value":0.775475},{"date":"2002-01-01","value":0.786369},{"date":"2003-01-01","value":0.785177},{"date":"2004-01-01","value":0.758884},{"date":"2005-01-01","value":0.749886},{"date":"2006-01-01","value":0.756156},{"date":"2007-01-01","value":0.80957},{"date":"2008-01-01","value":0.790089},{"date":"2009-01-01","value":0.887348},{"date":"2010-01-01","value":0.852646},{"date":"2011-01-01","value":0.814194},{"date":"2012-01-01","value":0.846885},{"date":"2013-01-01","value":0.83303},{"date":"2014-01-01","value":0.857834},{"date":"2015-01-01","value":0.88067},{"date":"2016-01-01","value":0.915249},{"date":"2017-01-01","value":0.94431},{"date":"2018-01-01","value":0.932006},{"date":"2019-01-01","value":0.968314},{"date":"2020-01-01","value":1.00845},{"date":"2021-01-01","value":0.966865},{"date":"2022-01-01","value":0.928839},{"date":"2023-01-01","value":0.993324}],"summary":{"latest_period":"2023-01-01","latest_value":0.993324,"max":1.00845,"mean":0.834827,"min":0.650631,"of":31,"rank":20,"trend":"rising"}}