{"entity":{"iso2":"AU","iso3":"AUS","name":"Australia","slug":"australia"},"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":"1960-01-01","value":0.0246709},{"date":"1961-01-01","value":0.0238907},{"date":"1962-01-01","value":0.0245285},{"date":"1963-01-01","value":0.0256464},{"date":"1964-01-01","value":0.0275116},{"date":"1965-01-01","value":0.0302665},{"date":"1966-01-01","value":0.0360784},{"date":"1967-01-01","value":0.0392895},{"date":"1968-01-01","value":0.0403377},{"date":"1969-01-01","value":0.0357905},{"date":"1970-01-01","value":0.0308577},{"date":"1971-01-01","value":0.029409},{"date":"1972-01-01","value":0.0284823},{"date":"1973-01-01","value":0.0290307},{"date":"1974-01-01","value":0.0238788},{"date":"1975-01-01","value":0.0232829},{"date":"1976-01-01","value":0.0232022},{"date":"1977-01-01","value":0.0226278},{"date":"1978-01-01","value":0.0237342},{"date":"1979-01-01","value":0.0229521},{"date":"1980-01-01","value":0.0243532},{"date":"1981-01-01","value":0.0244064},{"date":"1982-01-01","value":0.0229491},{"date":"1983-01-01","value":0.0254144},{"date":"1984-01-01","value":0.025421},{"date":"1985-01-01","value":0.0242554},{"date":"1986-01-01","value":0.0252136},{"date":"1987-01-01","value":0.0266548},{"date":"1988-01-01","value":0.0246821},{"date":"1989-01-01","value":0.0209816},{"date":"1990-01-01","value":0.0214988},{"date":"1991-01-01","value":0.0215171},{"date":"1992-01-01","value":0.0211118},{"date":"1993-01-01","value":0.0215435},{"date":"1994-01-01","value":0.0230758},{"date":"1995-01-01","value":0.0207902},{"date":"1996-01-01","value":0.0204068},{"date":"1997-01-01","value":0.0181904},{"date":"1998-01-01","value":0.0177528},{"date":"1999-01-01","value":0.019906},{"date":"2000-01-01","value":0.0174472},{"date":"2001-01-01","value":0.0185171},{"date":"2002-01-01","value":0.0200455},{"date":"2003-01-01","value":0.0211874},{"date":"2004-01-01","value":0.019484},{"date":"2005-01-01","value":0.0189977},{"date":"2006-01-01","value":0.0189938},{"date":"2007-01-01","value":0.0200634},{"date":"2008-01-01","value":0.0176041},{"date":"2009-01-01","value":0.0203487},{"date":"2010-01-01","value":0.0201443},{"date":"2011-01-01","value":0.0189582},{"date":"2012-01-01","value":0.0168842},{"date":"2013-01-01","value":0.0156751},{"date":"2014-01-01","value":0.0174843},{"date":"2015-01-01","value":0.0177226},{"date":"2016-01-01","value":0.0217754},{"date":"2017-01-01","value":0.0208065},{"date":"2018-01-01","value":0.018728},{"date":"2019-01-01","value":0.0186501},{"date":"2020-01-01","value":0.0204756},{"date":"2021-01-01","value":0.0209648},{"date":"2022-01-01","value":0.0191347},{"date":"2023-01-01","value":0.0186734},{"date":"2024-01-01","value":0.0192483}],"summary":{"latest_period":"2024-01-01","latest_value":0.0192483,"max":0.0403377,"mean":0.0229786,"min":0.0156751,"of":166,"rank":69,"trend":"falling"}}