{"entity":{"iso2":"AU","iso3":"AUS","name":"Australia","slug":"australia"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"share-of-government-consumption-in-gdp-vs-share-in-extreme-poverty","source":"Feenstra et al. - Penn World Table (2025) \u2013 with major processing by Our World in Data","source_url":"https://ourworldindata.org/grapher/share-of-government-consumption-in-gdp-vs-share-in-extreme-poverty","title":"Share of government consumption in GDP vs. share of population living in extreme poverty","unit":"% of GDP"},"observations":[{"date":"1950-01-01","value":7.80703},{"date":"1951-01-01","value":9.66211},{"date":"1952-01-01","value":10.9835},{"date":"1953-01-01","value":9.53497},{"date":"1954-01-01","value":9.37335},{"date":"1955-01-01","value":9.21691},{"date":"1956-01-01","value":9.0615},{"date":"1957-01-01","value":9.32923},{"date":"1958-01-01","value":9.42575},{"date":"1959-01-01","value":8.80389},{"date":"1960-01-01","value":9.07166},{"date":"1961-01-01","value":9.31968},{"date":"1962-01-01","value":9.23592},{"date":"1963-01-01","value":8.91898},{"date":"1964-01-01","value":9.3781},{"date":"1965-01-01","value":10.404},{"date":"1966-01-01","value":10.4573},{"date":"1967-01-01","value":11.118},{"date":"1968-01-01","value":10.8157},{"date":"1969-01-01","value":10.958},{"date":"1970-01-01","value":11.1729},{"date":"1971-01-01","value":11.3631},{"date":"1972-01-01","value":11.517},{"date":"1973-01-01","value":11.2787},{"date":"1974-01-01","value":12.7281},{"date":"1975-01-01","value":13.6497},{"date":"1976-01-01","value":13.1266},{"date":"1977-01-01","value":13.3473},{"date":"1978-01-01","value":13.1183},{"date":"1979-01-01","value":12.8446},{"date":"1980-01-01","value":13.0455},{"date":"1981-01-01","value":12.862},{"date":"1982-01-01","value":13.4946},{"date":"1983-01-01","value":13.2019},{"date":"1984-01-01","value":13.8108},{"date":"1985-01-01","value":13.9214},{"date":"1986-01-01","value":14.5691},{"date":"1987-01-01","value":14.3377},{"date":"1988-01-01","value":14.227},{"date":"1989-01-01","value":14.4005},{"date":"1990-01-01","value":14.382},{"date":"1991-01-01","value":15.2821},{"date":"1992-01-01","value":15.1338},{"date":"1993-01-01","value":15.2672},{"date":"1994-01-01","value":15.6156},{"date":"1995-01-01","value":15.6328},{"date":"1996-01-01","value":15.1071},{"date":"1997-01-01","value":15.3771},{"date":"1998-01-01","value":15.6956},{"date":"1999-01-01","value":15.5855},{"date":"2000-01-01","value":15.4585},{"date":"2001-01-01","value":15.5258},{"date":"2002-01-01","value":15.451},{"date":"2003-01-01","value":15.6717},{"date":"2004-01-01","value":15.5556},{"date":"2005-01-01","value":15.599},{"date":"2006-01-01","value":15.7228},{"date":"2007-01-01","value":15.7117},{"date":"2008-01-01","value":15.5256},{"date":"2009-01-01","value":16.045},{"date":"2010-01-01","value":15.7566},{"date":"2011-01-01","value":15.8024},{"date":"2012-01-01","value":15.4936},{"date":"2013-01-01","value":14.846},{"date":"2014-01-01","value":15.5187},{"date":"2015-01-01","value":17.4879},{"date":"2016-01-01","value":17.3994},{"date":"2017-01-01","value":17.6443},{"date":"2018-01-01","value":18.3423},{"date":"2019-01-01","value":19.3046},{"date":"2020-01-01","value":20.7816},{"date":"2021-01-01","value":21.2106},{"date":"2022-01-01","value":20.7507},{"date":"2023-01-01","value":21.5552}],"summary":{"latest_period":"2023-01-01","latest_value":21.5552,"max":21.5552,"mean":13.7315,"min":7.80703,"of":184,"rank":68,"trend":"rising"}}