{"entity":{"iso2":"VE","iso3":"VEN","name":"Venezuela, Bolivarian Republic of","slug":"venezuela-rb"},"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":"2005-01-01","value":0.18907},{"date":"2006-01-01","value":0.31742},{"date":"2007-01-01","value":0.2011},{"date":"2008-01-01","value":0.23803},{"date":"2009-01-01","value":0.24014},{"date":"2010-01-01","value":0.18823},{"date":"2011-01-01","value":0.15296},{"date":"2012-01-01","value":0.2501},{"date":"2013-01-01","value":0.31853},{"date":"2014-01-01","value":0.33713}],"summary":{"latest_period":"2014-01-01","latest_value":0.33713,"max":0.33713,"mean":0.243271,"min":0.15296,"of":116,"rank":73,"trend":"rising"}}