{"entity":{"iso2":"EU","iso3":"EUU","name":"European Union","slug":"european-union"},"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":1.69814},{"date":"1997-01-01","value":1.73087},{"date":"1998-01-01","value":1.69934},{"date":"1999-01-01","value":1.78294},{"date":"2000-01-01","value":1.76},{"date":"2001-01-01","value":1.81953},{"date":"2002-01-01","value":1.78663},{"date":"2003-01-01","value":1.82253},{"date":"2004-01-01","value":1.79049},{"date":"2005-01-01","value":1.77673},{"date":"2006-01-01","value":1.79606},{"date":"2007-01-01","value":1.78986},{"date":"2008-01-01","value":1.86617},{"date":"2009-01-01","value":1.95713},{"date":"2010-01-01","value":1.95746},{"date":"2011-01-01","value":2.00155},{"date":"2012-01-01","value":2.06377},{"date":"2013-01-01","value":2.08261},{"date":"2014-01-01","value":2.10271},{"date":"2015-01-01","value":2.10239},{"date":"2016-01-01","value":2.10186},{"date":"2017-01-01","value":2.1374},{"date":"2018-01-01","value":2.16898},{"date":"2019-01-01","value":2.20605},{"date":"2020-01-01","value":2.27883},{"date":"2021-01-01","value":2.23759},{"date":"2022-01-01","value":2.22738},{"date":"2023-01-01","value":2.26277}],"summary":{"latest_period":"2023-01-01","latest_value":2.26277,"max":2.27883,"mean":1.96456,"min":1.69814,"of":2,"rank":2,"trend":"rising"}}