{"entity":{"iso2":"KR","iso3":"KOR","name":"South Korea","slug":"korea-rep"},"indicator":{"licence":"CC BY 4.0 (World Bank Open Data)","slug":"government-expenditure-on-education-us-millions","source":"UNESCO Institute for Statistics","source_url":"https://data.worldbank.org/indicator/UIS.X.US.FSGOV","title":"Government expenditure on education, US$ (millions)","unit":"millions"},"observations":[{"date":"1970-01-01","value":307.435},{"date":"1971-01-01","value":370.31},{"date":"1972-01-01","value":349.849},{"date":"1973-01-01","value":371.922},{"date":"1975-01-01","value":455.128},{"date":"1976-01-01","value":823.686},{"date":"1977-01-01","value":932.874},{"date":"1979-01-01","value":2021.01},{"date":"1980-01-01","value":2261.97},{"date":"1981-01-01","value":2114.07},{"date":"1982-01-01","value":4959.86},{"date":"1983-01-01","value":3787.2},{"date":"1984-01-01","value":3905.59},{"date":"1985-01-01","value":4038.12},{"date":"1986-01-01","value":4248.12},{"date":"1987-01-01","value":4992.13},{"date":"1988-01-01","value":5483.5},{"date":"1989-01-01","value":7562.47},{"date":"1990-01-01","value":8610.81},{"date":"1991-01-01","value":11537.2},{"date":"1992-01-01","value":12720.3},{"date":"1993-01-01","value":14516.8},{"date":"1994-01-01","value":13993.4},{"date":"1995-01-01","value":16631.7},{"date":"1998-01-01","value":12911.1},{"date":"1999-01-01","value":16762.6},{"date":"2016-01-01","value":65001.3}],"summary":{"latest_period":"2016-01-01","latest_value":65001.3,"max":65001.3,"mean":8210.02,"min":307.435,"of":174,"rank":11,"trend":"volatile"}}