{"entity":{"iso2":"1W","iso3":"WLD","name":"World","slug":"world"},"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":"1996-01-01","value":1.96494},{"date":"1997-01-01","value":1.96267},{"date":"1998-01-01","value":1.97179},{"date":"1999-01-01","value":2.0465},{"date":"2000-01-01","value":2.045},{"date":"2001-01-01","value":2.06218},{"date":"2002-01-01","value":2.02635},{"date":"2003-01-01","value":2.01587},{"date":"2004-01-01","value":1.96743},{"date":"2005-01-01","value":1.94742},{"date":"2006-01-01","value":1.95948},{"date":"2007-01-01","value":1.92479},{"date":"2008-01-01","value":1.97782},{"date":"2009-01-01","value":2.01385},{"date":"2010-01-01","value":1.99889},{"date":"2011-01-01","value":1.98166},{"date":"2012-01-01","value":2.01288},{"date":"2013-01-01","value":1.97519},{"date":"2014-01-01","value":2.0866},{"date":"2015-01-01","value":2.10432},{"date":"2016-01-01","value":2.14866},{"date":"2017-01-01","value":2.142},{"date":"2018-01-01","value":2.21817},{"date":"2019-01-01","value":2.26339},{"date":"2020-01-01","value":2.45607},{"date":"2021-01-01","value":2.5228},{"date":"2022-01-01","value":2.57116},{"date":"2023-01-01","value":2.59738}],"summary":{"latest_period":"2023-01-01","latest_value":2.59738,"max":2.59738,"mean":2.1059,"min":1.92479,"of":31,"rank":6,"trend":"rising"}}