{"entity":{"iso2":"1A","iso3":"ARB","name":"Arab World","slug":"arab-world"},"indicator":{"licence":"Derived by Statizoid from the sources named on the page","slug":"military-expenditure-current-usd-per-unit-of-gdp","source":"Statizoid (derived)","source_url":null,"title":"Military expenditure (current USD), per unit of GDP","unit":"current USD per US$ of GDP"},"observations":[{"date":"1962-01-01","value":0.0409873},{"date":"1963-01-01","value":0.0409777},{"date":"1964-01-01","value":0.0493824},{"date":"1965-01-01","value":0.0529093},{"date":"1966-01-01","value":0.0546249},{"date":"1967-01-01","value":0.0550458},{"date":"1968-01-01","value":0.0580819},{"date":"1969-01-01","value":0.0620842},{"date":"1970-01-01","value":0.0691531},{"date":"1971-01-01","value":0.0670301},{"date":"1972-01-01","value":0.0620688},{"date":"1973-01-01","value":0.0650723},{"date":"1974-01-01","value":0.0393003},{"date":"1975-01-01","value":0.0389046},{"date":"1976-01-01","value":0.0364965},{"date":"1977-01-01","value":0.0870348},{"date":"1978-01-01","value":0.0889596},{"date":"1979-01-01","value":0.0782987},{"date":"1980-01-01","value":0.070847},{"date":"1981-01-01","value":0.0806943},{"date":"1982-01-01","value":0.0871973},{"date":"1983-01-01","value":0.0797008},{"date":"1984-01-01","value":0.0840105},{"date":"1985-01-01","value":0.0761847},{"date":"1986-01-01","value":0.0354915},{"date":"1987-01-01","value":0.0689646},{"date":"1988-01-01","value":0.0672457},{"date":"1989-01-01","value":0.0537977},{"date":"1990-01-01","value":0.0569007},{"date":"1991-01-01","value":0.0876951},{"date":"1992-01-01","value":0.0701424},{"date":"1993-01-01","value":0.0618212},{"date":"1994-01-01","value":0.0588414},{"date":"1995-01-01","value":0.050493},{"date":"1996-01-01","value":0.0463931},{"date":"1997-01-01","value":0.0577357},{"date":"1998-01-01","value":0.065671},{"date":"1999-01-01","value":0.0551392},{"date":"2000-01-01","value":0.0536087},{"date":"2001-01-01","value":0.0574434},{"date":"2002-01-01","value":0.0547037},{"date":"2003-01-01","value":0.0513473},{"date":"2004-01-01","value":0.0491325},{"date":"2005-01-01","value":0.0451616},{"date":"2006-01-01","value":0.042573},{"date":"2007-01-01","value":0.0439331},{"date":"2008-01-01","value":0.0406691},{"date":"2009-01-01","value":0.0499266},{"date":"2010-01-01","value":0.0452346},{"date":"2011-01-01","value":0.0418923},{"date":"2012-01-01","value":0.043306},{"date":"2013-01-01","value":0.0494209},{"date":"2014-01-01","value":0.0535108},{"date":"2015-01-01","value":0.0533812},{"date":"2016-01-01","value":0.0440424},{"date":"2017-01-01","value":0.0455194},{"date":"2018-01-01","value":0.0411808},{"date":"2019-01-01","value":0.0378955},{"date":"2020-01-01","value":0.0416168},{"date":"2021-01-01","value":0.0387614},{"date":"2022-01-01","value":0.0348329},{"date":"2023-01-01","value":0.0362272},{"date":"2024-01-01","value":0.0364138}],"summary":{"latest_period":"2024-01-01","latest_value":0.0364138,"max":0.0889596,"mean":0.0554463,"min":0.0348329,"of":41,"rank":4,"trend":"falling"}}