{"entity":{"iso2":"AZ","iso3":"AZE","name":"Azerbaijan","slug":"azerbaijan"},"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":0.0248957},{"date":"1993-01-01","value":0.0493632},{"date":"1994-01-01","value":0.0368295},{"date":"1995-01-01","value":0.027369},{"date":"1996-01-01","value":0.0225426},{"date":"1997-01-01","value":0.0232404},{"date":"1998-01-01","value":0.0241237},{"date":"1999-01-01","value":0.0262509},{"date":"2000-01-01","value":0.0226787},{"date":"2001-01-01","value":0.0231207},{"date":"2002-01-01","value":0.022433},{"date":"2003-01-01","value":0.0242636},{"date":"2004-01-01","value":0.0262948},{"date":"2005-01-01","value":0.0229907},{"date":"2006-01-01","value":0.0341776},{"date":"2007-01-01","value":0.028642},{"date":"2008-01-01","value":0.0329121},{"date":"2009-01-01","value":0.0332542},{"date":"2010-01-01","value":0.0279083},{"date":"2011-01-01","value":0.0467013},{"date":"2012-01-01","value":0.0465862},{"date":"2013-01-01","value":0.0454092},{"date":"2014-01-01","value":0.0455501},{"date":"2015-01-01","value":0.0546488},{"date":"2016-01-01","value":0.0368915},{"date":"2017-01-01","value":0.037411},{"date":"2018-01-01","value":0.0354933},{"date":"2019-01-01","value":0.0384903},{"date":"2020-01-01","value":0.0524152},{"date":"2021-01-01","value":0.0493052},{"date":"2022-01-01","value":0.0379537},{"date":"2023-01-01","value":0.049175},{"date":"2024-01-01","value":0.0507496}],"summary":{"latest_period":"2024-01-01","latest_value":0.0507496,"max":0.0546488,"mean":0.0351537,"min":0.022433,"of":166,"rank":14,"trend":"rising"}}