{"entity":{"iso2":"Z7","iso3":"ECS","name":"Europe & Central Asia","slug":"europe-and-central-asia"},"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":"1987-01-01","value":0.0244598},{"date":"1988-01-01","value":0.0234082},{"date":"1989-01-01","value":0.0230004},{"date":"1990-01-01","value":0.022473},{"date":"1992-01-01","value":0.0212154},{"date":"1993-01-01","value":0.0214246},{"date":"1994-01-01","value":0.0214302},{"date":"1995-01-01","value":0.0197188},{"date":"1996-01-01","value":0.0197398},{"date":"1997-01-01","value":0.0199182},{"date":"1998-01-01","value":0.0188199},{"date":"1999-01-01","value":0.0187437},{"date":"2000-01-01","value":0.0184976},{"date":"2001-01-01","value":0.0182225},{"date":"2002-01-01","value":0.0184133},{"date":"2003-01-01","value":0.0182955},{"date":"2004-01-01","value":0.0178732},{"date":"2005-01-01","value":0.0176145},{"date":"2006-01-01","value":0.0172651},{"date":"2007-01-01","value":0.0170295},{"date":"2008-01-01","value":0.0172774},{"date":"2009-01-01","value":0.0182555},{"date":"2010-01-01","value":0.0177221},{"date":"2011-01-01","value":0.0170343},{"date":"2012-01-01","value":0.0174841},{"date":"2013-01-01","value":0.0171252},{"date":"2014-01-01","value":0.0167689},{"date":"2015-01-01","value":0.0165486},{"date":"2016-01-01","value":0.01667},{"date":"2017-01-01","value":0.0161406},{"date":"2018-01-01","value":0.0161705},{"date":"2019-01-01","value":0.0167198},{"date":"2020-01-01","value":0.0179556},{"date":"2021-01-01","value":0.0171276},{"date":"2022-01-01","value":0.019546},{"date":"2023-01-01","value":0.0216726},{"date":"2024-01-01","value":0.0244814}],"summary":{"latest_period":"2024-01-01","latest_value":0.0244814,"max":0.0244814,"mean":0.0189801,"min":0.0161406,"of":41,"rank":12,"trend":"falling"}}