{"entity":{"iso2":"KR","iso3":"KOR","name":"South Korea","slug":"korea-rep"},"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":0.0693781},{"date":"1961-01-01","value":0.0647077},{"date":"1962-01-01","value":0.0658505},{"date":"1963-01-01","value":0.0462573},{"date":"1964-01-01","value":0.0395425},{"date":"1965-01-01","value":0.0420651},{"date":"1966-01-01","value":0.0447054},{"date":"1967-01-01","value":0.0445551},{"date":"1968-01-01","value":0.0451909},{"date":"1969-01-01","value":0.0448128},{"date":"1970-01-01","value":0.0425321},{"date":"1971-01-01","value":0.0460656},{"date":"1972-01-01","value":0.0484009},{"date":"1973-01-01","value":0.0387265},{"date":"1974-01-01","value":0.0429469},{"date":"1975-01-01","value":0.0465963},{"date":"1976-01-01","value":0.0562601},{"date":"1977-01-01","value":0.0572796},{"date":"1978-01-01","value":0.0603898},{"date":"1979-01-01","value":0.0520445},{"date":"1980-01-01","value":0.0598168},{"date":"1981-01-01","value":0.0600888},{"date":"1982-01-01","value":0.0581387},{"date":"1983-01-01","value":0.0526009},{"date":"1984-01-01","value":0.047714},{"date":"1985-01-01","value":0.0470664},{"date":"1986-01-01","value":0.04439},{"date":"1987-01-01","value":0.0396798},{"date":"1988-01-01","value":0.0376313},{"date":"1989-01-01","value":0.0372448},{"date":"1990-01-01","value":0.0346181},{"date":"1991-01-01","value":0.0321444},{"date":"1992-01-01","value":0.0316545},{"date":"1993-01-01","value":0.0305084},{"date":"1994-01-01","value":0.0282133},{"date":"1995-01-01","value":0.0274356},{"date":"1996-01-01","value":0.0259962},{"date":"1997-01-01","value":0.025201},{"date":"1998-01-01","value":0.0263229},{"date":"1999-01-01","value":0.0234541},{"date":"2000-01-01","value":0.0230986},{"date":"2001-01-01","value":0.0228025},{"date":"2002-01-01","value":0.0216945},{"date":"2003-01-01","value":0.0217524},{"date":"2004-01-01","value":0.0216579},{"date":"2005-01-01","value":0.0228039},{"date":"2006-01-01","value":0.0229891},{"date":"2007-01-01","value":0.0227094},{"date":"2008-01-01","value":0.023885},{"date":"2009-01-01","value":0.0249991},{"date":"2010-01-01","value":0.0236205},{"date":"2011-01-01","value":0.0237103},{"date":"2012-01-01","value":0.0239278},{"date":"2013-01-01","value":0.0239157},{"date":"2014-01-01","value":0.02413},{"date":"2015-01-01","value":0.0237595},{"date":"2016-01-01","value":0.0233577},{"date":"2017-01-01","value":0.0229042},{"date":"2018-01-01","value":0.0236097},{"date":"2019-01-01","value":0.0251861},{"date":"2020-01-01","value":0.0264422},{"date":"2021-01-01","value":0.0261924},{"date":"2022-01-01","value":0.0257677},{"date":"2023-01-01","value":0.0259117},{"date":"2024-01-01","value":0.0253661}],"summary":{"latest_period":"2024-01-01","latest_value":0.0253661,"max":0.0693781,"mean":0.0363757,"min":0.0216579,"of":166,"rank":43,"trend":"falling"}}