{"entity":{"iso2":"LU","iso3":"LUX","name":"Luxembourg","slug":"luxembourg"},"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":1.58314},{"date":"2003-01-01","value":1.6235},{"date":"2004-01-01","value":1.58819},{"date":"2005-01-01","value":1.55873},{"date":"2006-01-01","value":1.64886},{"date":"2007-01-01","value":1.57165},{"date":"2008-01-01","value":1.54663},{"date":"2009-01-01","value":1.58839},{"date":"2010-01-01","value":1.42373},{"date":"2011-01-01","value":1.42453},{"date":"2012-01-01","value":1.20664},{"date":"2013-01-01","value":1.23381},{"date":"2014-01-01","value":1.217},{"date":"2015-01-01","value":1.25226},{"date":"2016-01-01","value":1.2669},{"date":"2017-01-01","value":1.23898},{"date":"2018-01-01","value":1.17039},{"date":"2019-01-01","value":1.18209},{"date":"2020-01-01","value":1.09627},{"date":"2021-01-01","value":1.03153},{"date":"2022-01-01","value":1.0653},{"date":"2023-01-01","value":1.07045}],"summary":{"latest_period":"2023-01-01","latest_value":1.07045,"max":1.64886,"mean":1.34495,"min":1.03153,"of":116,"rank":37,"trend":"falling"}}