{"entity":{"iso2":"XJ","iso3":"LAC","name":"Latin America & Caribbean (excluding high income)","slug":"latin-america-and-caribbean-excluding-high-income"},"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":"2000-01-01","value":0.566282},{"date":"2001-01-01","value":0.534304},{"date":"2002-01-01","value":0.522032},{"date":"2003-01-01","value":0.559013},{"date":"2004-01-01","value":0.564508},{"date":"2005-01-01","value":0.589993},{"date":"2006-01-01","value":0.591374},{"date":"2007-01-01","value":0.645585},{"date":"2008-01-01","value":0.691201},{"date":"2009-01-01","value":0.725639},{"date":"2010-01-01","value":0.764511},{"date":"2011-01-01","value":0.736272},{"date":"2012-01-01","value":0.708589},{"date":"2013-01-01","value":0.749623},{"date":"2014-01-01","value":0.787575},{"date":"2015-01-01","value":0.776243},{"date":"2016-01-01","value":0.725578},{"date":"2017-01-01","value":0.679764},{"date":"2018-01-01","value":0.671867},{"date":"2019-01-01","value":0.654956},{"date":"2020-01-01","value":0.680376},{"date":"2021-01-01","value":0.655299},{"date":"2022-01-01","value":0.692892},{"date":"2023-01-01","value":0.696974}],"summary":{"latest_period":"2023-01-01","latest_value":0.696974,"max":0.787575,"mean":0.665435,"min":0.522032,"of":31,"rank":23,"trend":"rising"}}