{"entity":{"iso2":"ZJ","iso3":"LCN","name":"Latin America & Caribbean","slug":"latin-america-and-caribbean"},"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":0.557752},{"date":"2001-01-01","value":0.531209},{"date":"2002-01-01","value":0.515535},{"date":"2003-01-01","value":0.551266},{"date":"2004-01-01","value":0.55593},{"date":"2005-01-01","value":0.582453},{"date":"2006-01-01","value":0.582095},{"date":"2007-01-01","value":0.619133},{"date":"2008-01-01","value":0.666022},{"date":"2009-01-01","value":0.692092},{"date":"2010-01-01","value":0.732678},{"date":"2011-01-01","value":0.707866},{"date":"2012-01-01","value":0.680455},{"date":"2013-01-01","value":0.712916},{"date":"2014-01-01","value":0.753258},{"date":"2015-01-01","value":0.728873},{"date":"2016-01-01","value":0.687371},{"date":"2017-01-01","value":0.64723},{"date":"2018-01-01","value":0.638182},{"date":"2019-01-01","value":0.626038},{"date":"2020-01-01","value":0.644615},{"date":"2021-01-01","value":0.617603},{"date":"2022-01-01","value":0.657401},{"date":"2023-01-01","value":0.682682}],"summary":{"latest_period":"2023-01-01","latest_value":0.682682,"max":0.753258,"mean":0.640444,"min":0.515535,"of":31,"rank":24,"trend":"rising"}}