{"entity":{"iso2":"XJ","iso3":"LAC","name":"Latin America & Caribbean (excluding high income)","slug":"latin-america-and-caribbean-excluding-high-income"},"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":0.0131255},{"date":"1961-01-01","value":0.0103125},{"date":"1962-01-01","value":0.016385},{"date":"1963-01-01","value":0.0160405},{"date":"1964-01-01","value":0.013624},{"date":"1965-01-01","value":0.0157443},{"date":"1966-01-01","value":0.0154615},{"date":"1967-01-01","value":0.0163924},{"date":"1968-01-01","value":0.0149768},{"date":"1969-01-01","value":0.0149051},{"date":"1970-01-01","value":0.0159747},{"date":"1971-01-01","value":0.0164026},{"date":"1972-01-01","value":0.0167567},{"date":"1973-01-01","value":0.0165954},{"date":"1974-01-01","value":0.0156426},{"date":"1975-01-01","value":0.0148424},{"date":"1976-01-01","value":0.0179474},{"date":"1977-01-01","value":0.0175219},{"date":"1978-01-01","value":0.0167091},{"date":"1979-01-01","value":0.0191745},{"date":"1980-01-01","value":0.0183213},{"date":"1981-01-01","value":0.0166393},{"date":"1982-01-01","value":0.0142134},{"date":"1983-01-01","value":0.0160382},{"date":"1984-01-01","value":0.0140794},{"date":"1985-01-01","value":0.0136711},{"date":"1986-01-01","value":0.0138235},{"date":"1987-01-01","value":0.0155088},{"date":"1988-01-01","value":0.0162714},{"date":"1989-01-01","value":0.0169471},{"date":"1990-01-01","value":0.0169672},{"date":"1991-01-01","value":0.0135804},{"date":"1992-01-01","value":0.0120053},{"date":"1993-01-01","value":0.0124462},{"date":"1994-01-01","value":0.0134526},{"date":"1995-01-01","value":0.0148455},{"date":"1996-01-01","value":0.0141206},{"date":"1997-01-01","value":0.0126515},{"date":"1998-01-01","value":0.0129486},{"date":"1999-01-01","value":0.0119878},{"date":"2000-01-01","value":0.0116793},{"date":"2001-01-01","value":0.0120899},{"date":"2002-01-01","value":0.0112884},{"date":"2003-01-01","value":0.0106436},{"date":"2004-01-01","value":0.0103407},{"date":"2005-01-01","value":0.0112267},{"date":"2006-01-01","value":0.0110346},{"date":"2007-01-01","value":0.0116488},{"date":"2008-01-01","value":0.012109},{"date":"2009-01-01","value":0.0130854},{"date":"2010-01-01","value":0.0127995},{"date":"2011-01-01","value":0.012},{"date":"2012-01-01","value":0.0122299},{"date":"2013-01-01","value":0.0126921},{"date":"2014-01-01","value":0.0118042},{"date":"2015-01-01","value":0.0113747},{"date":"2016-01-01","value":0.0111175},{"date":"2017-01-01","value":0.0117791},{"date":"2018-01-01","value":0.0115718},{"date":"2019-01-01","value":0.011195},{"date":"2020-01-01","value":0.011872},{"date":"2021-01-01","value":0.010474},{"date":"2022-01-01","value":0.00981783},{"date":"2023-01-01","value":0.00964867},{"date":"2024-01-01","value":0.0105484}],"summary":{"latest_period":"2024-01-01","latest_value":0.0105484,"max":0.0191745,"mean":0.0137096,"min":0.00964867,"of":41,"rank":40,"trend":"falling"}}
