{"entity":{"iso2":"ZA","iso3":"ZAF","name":"South Africa","slug":"south-africa"},"indicator":{"licence":"CC BY 4.0 (World Bank Open Data)","slug":"070-share-of-new-products-in-tev-of-incumbents-median","source":null,"source_url":"https://data.worldbank.org/indicator/D3ii","title":"070.Share of New Products in TEV of Incumbents: Median","unit":null},"observations":[{"date":"2002-01-01","value":0.325791},{"date":"2003-01-01","value":0.318157},{"date":"2004-01-01","value":0.265962},{"date":"2005-01-01","value":0.255001},{"date":"2006-01-01","value":0.27099},{"date":"2007-01-01","value":0.283962},{"date":"2008-01-01","value":0.302975},{"date":"2009-01-01","value":0.248883},{"date":"2010-01-01","value":0.256101},{"date":"2011-01-01","value":0.260106},{"date":"2012-01-01","value":0.253491}],"summary":{"latest_period":"2012-01-01","latest_value":0.253491,"max":0.325791,"mean":0.276493,"min":0.248883,"of":51,"rank":5,"trend":"falling"}}