{"entity":{"iso2":"XF","iso3":"IBD","name":"IBRD only","slug":"ibrd-only"},"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":"1999-01-01","value":0.580956},{"date":"2000-01-01","value":0.650023},{"date":"2001-01-01","value":0.67382},{"date":"2002-01-01","value":0.721993},{"date":"2003-01-01","value":0.761924},{"date":"2004-01-01","value":0.791453},{"date":"2005-01-01","value":0.820703},{"date":"2006-01-01","value":0.851757},{"date":"2007-01-01","value":0.87904},{"date":"2008-01-01","value":0.92606},{"date":"2009-01-01","value":1.00675},{"date":"2010-01-01","value":1.07215},{"date":"2011-01-01","value":1.08697},{"date":"2012-01-01","value":1.17519},{"date":"2013-01-01","value":1.17161},{"date":"2014-01-01","value":1.29638},{"date":"2015-01-01","value":1.3402},{"date":"2016-01-01","value":1.35801},{"date":"2017-01-01","value":1.33447},{"date":"2018-01-01","value":1.38964},{"date":"2019-01-01","value":1.43141},{"date":"2020-01-01","value":1.58735},{"date":"2021-01-01","value":1.77054},{"date":"2022-01-01","value":1.8345},{"date":"2023-01-01","value":1.87528}],"summary":{"latest_period":"2023-01-01","latest_value":1.87528,"max":1.87528,"mean":1.13553,"min":0.580956,"of":31,"rank":16,"trend":"rising"}}