{"entity":{"iso2":"XO","iso3":"LMY","name":"Low & middle income","slug":"low-and-middle-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":"1989-01-01","value":0.0286966},{"date":"1990-01-01","value":0.0266045},{"date":"1991-01-01","value":0.0264732},{"date":"1992-01-01","value":0.0267011},{"date":"1993-01-01","value":0.0213546},{"date":"1994-01-01","value":0.0201653},{"date":"1995-01-01","value":0.0195508},{"date":"1996-01-01","value":0.01889},{"date":"1997-01-01","value":0.0188986},{"date":"1998-01-01","value":0.0191957},{"date":"1999-01-01","value":0.0208027},{"date":"2000-01-01","value":0.0202685},{"date":"2001-01-01","value":0.0210269},{"date":"2002-01-01","value":0.0204479},{"date":"2003-01-01","value":0.0218619},{"date":"2004-01-01","value":0.0216535},{"date":"2005-01-01","value":0.0210098},{"date":"2006-01-01","value":0.0169413},{"date":"2007-01-01","value":0.0166216},{"date":"2008-01-01","value":0.016933},{"date":"2009-01-01","value":0.0183353},{"date":"2010-01-01","value":0.0168951},{"date":"2011-01-01","value":0.0161869},{"date":"2012-01-01","value":0.0164204},{"date":"2013-01-01","value":0.0167868},{"date":"2014-01-01","value":0.0166982},{"date":"2015-01-01","value":0.0170443},{"date":"2016-01-01","value":0.0169262},{"date":"2017-01-01","value":0.0167833},{"date":"2018-01-01","value":0.0164586},{"date":"2019-01-01","value":0.0159786},{"date":"2020-01-01","value":0.0168202},{"date":"2021-01-01","value":0.0154332},{"date":"2022-01-01","value":0.0159907},{"date":"2023-01-01","value":0.0169377},{"date":"2024-01-01","value":0.0174139}],"summary":{"latest_period":"2024-01-01","latest_value":0.0174139,"max":0.0286966,"mean":0.0192002,"min":0.0154332,"of":41,"rank":21,"trend":"falling"}}