{"entity":{"iso2":"AM","iso3":"ARM","name":"Armenia","slug":"armenia"},"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":"1992-01-01","value":0.0},{"date":"1993-01-01","value":0.00818253},{"date":"1995-01-01","value":0.0355703},{"date":"1996-01-01","value":0.0328186},{"date":"1997-01-01","value":0.0390744},{"date":"1998-01-01","value":0.0352519},{"date":"1999-01-01","value":0.0369737},{"date":"2000-01-01","value":0.0356003},{"date":"2001-01-01","value":0.0312714},{"date":"2002-01-01","value":0.0269769},{"date":"2003-01-01","value":0.0272841},{"date":"2004-01-01","value":0.0274199},{"date":"2005-01-01","value":0.0287193},{"date":"2006-01-01","value":0.0294761},{"date":"2007-01-01","value":0.0304258},{"date":"2008-01-01","value":0.0339559},{"date":"2009-01-01","value":0.0415705},{"date":"2010-01-01","value":0.0426565},{"date":"2011-01-01","value":0.0385395},{"date":"2012-01-01","value":0.0358378},{"date":"2013-01-01","value":0.0399723},{"date":"2014-01-01","value":0.0394338},{"date":"2015-01-01","value":0.0423924},{"date":"2016-01-01","value":0.0409057},{"date":"2017-01-01","value":0.0384828},{"date":"2018-01-01","value":0.0411989},{"date":"2019-01-01","value":0.0478732},{"date":"2020-01-01","value":0.0501483},{"date":"2021-01-01","value":0.0446314},{"date":"2022-01-01","value":0.0407514},{"date":"2023-01-01","value":0.0548354},{"date":"2024-01-01","value":0.0546328}],"summary":{"latest_period":"2024-01-01","latest_value":0.0546328,"max":0.0548354,"mean":0.036027,"min":0.0,"of":166,"rank":12,"trend":"rising"}}