{"entity":{"iso2":"RS","iso3":"SRB","name":"Serbia","slug":"serbia"},"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":"1996-01-01","value":0.0},{"date":"1997-01-01","value":0.0336741},{"date":"1998-01-01","value":0.0305713},{"date":"1999-01-01","value":0.0353216},{"date":"2000-01-01","value":0.0460093},{"date":"2001-01-01","value":0.0363302},{"date":"2002-01-01","value":0.037841},{"date":"2003-01-01","value":0.0309654},{"date":"2004-01-01","value":0.0275342},{"date":"2005-01-01","value":0.0222169},{"date":"2006-01-01","value":0.0211743},{"date":"2007-01-01","value":0.0216443},{"date":"2008-01-01","value":0.020502},{"date":"2009-01-01","value":0.020749},{"date":"2010-01-01","value":0.0200369},{"date":"2011-01-01","value":0.0192573},{"date":"2012-01-01","value":0.0191798},{"date":"2013-01-01","value":0.0184758},{"date":"2014-01-01","value":0.0187024},{"date":"2015-01-01","value":0.0169548},{"date":"2016-01-01","value":0.0185807},{"date":"2017-01-01","value":0.0173243},{"date":"2018-01-01","value":0.0201705},{"date":"2019-01-01","value":0.0218804},{"date":"2020-01-01","value":0.022954},{"date":"2021-01-01","value":0.0274035},{"date":"2022-01-01","value":0.0217236},{"date":"2023-01-01","value":0.0220899},{"date":"2024-01-01","value":0.0257839}],"summary":{"latest_period":"2024-01-01","latest_value":0.0257839,"max":0.0460093,"mean":0.0239673,"min":0.0,"of":166,"rank":41,"trend":"falling"}}