{"entity":{"iso2":"XT","iso3":"UMC","name":"Upper middle income","slug":"upper-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":0.0263678},{"date":"1990-01-01","value":0.0238398},{"date":"1991-01-01","value":0.024504},{"date":"1992-01-01","value":0.0250745},{"date":"1993-01-01","value":0.0179637},{"date":"1994-01-01","value":0.0170548},{"date":"1995-01-01","value":0.0173093},{"date":"1996-01-01","value":0.0171044},{"date":"1997-01-01","value":0.0168703},{"date":"1998-01-01","value":0.0170625},{"date":"1999-01-01","value":0.0176361},{"date":"2000-01-01","value":0.0172084},{"date":"2001-01-01","value":0.0180356},{"date":"2002-01-01","value":0.0169744},{"date":"2003-01-01","value":0.0167743},{"date":"2004-01-01","value":0.0162017},{"date":"2005-01-01","value":0.0158771},{"date":"2006-01-01","value":0.0156695},{"date":"2007-01-01","value":0.0155877},{"date":"2008-01-01","value":0.0157264},{"date":"2009-01-01","value":0.0172827},{"date":"2010-01-01","value":0.0159156},{"date":"2011-01-01","value":0.0151581},{"date":"2012-01-01","value":0.0156415},{"date":"2013-01-01","value":0.0159711},{"date":"2014-01-01","value":0.0159886},{"date":"2015-01-01","value":0.0164359},{"date":"2016-01-01","value":0.0161765},{"date":"2017-01-01","value":0.0158801},{"date":"2018-01-01","value":0.0156759},{"date":"2019-01-01","value":0.0153562},{"date":"2020-01-01","value":0.0160561},{"date":"2021-01-01","value":0.0146097},{"date":"2022-01-01","value":0.0155496},{"date":"2023-01-01","value":0.0166979},{"date":"2024-01-01","value":0.0172057}],"summary":{"latest_period":"2024-01-01","latest_value":0.0172057,"max":0.0263678,"mean":0.0173456,"min":0.0146097,"of":41,"rank":22,"trend":"falling"}}