{"entity":{"iso2":"VE","iso3":"VEN","name":"Venezuela, Bolivarian Republic of","slug":"venezuela-rb"},"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":0.0305793},{"date":"1961-01-01","value":0.0142096},{"date":"1962-01-01","value":0.023133},{"date":"1963-01-01","value":0.025539},{"date":"1964-01-01","value":0.024469},{"date":"1965-01-01","value":0.0269671},{"date":"1966-01-01","value":0.0271754},{"date":"1967-01-01","value":0.0292384},{"date":"1968-01-01","value":0.0271792},{"date":"1969-01-01","value":0.0256328},{"date":"1970-01-01","value":0.0235901},{"date":"1971-01-01","value":0.0271259},{"date":"1972-01-01","value":0.0289498},{"date":"1973-01-01","value":0.0247088},{"date":"1974-01-01","value":0.0230768},{"date":"1975-01-01","value":0.0259106},{"date":"1976-01-01","value":0.0188744},{"date":"1977-01-01","value":0.02068},{"date":"1978-01-01","value":0.0210576},{"date":"1979-01-01","value":0.0191588},{"date":"1980-01-01","value":0.0169552},{"date":"1981-01-01","value":0.0152169},{"date":"1982-01-01","value":0.022488},{"date":"1983-01-01","value":0.0297083},{"date":"1984-01-01","value":0.0221392},{"date":"1985-01-01","value":0.0132332},{"date":"1986-01-01","value":0.0165995},{"date":"1987-01-01","value":0.0159386},{"date":"1988-01-01","value":0.0182071},{"date":"1989-01-01","value":0.0274768},{"date":"1990-01-01","value":0.0151803},{"date":"1991-01-01","value":0.0184034},{"date":"1992-01-01","value":0.0164348},{"date":"1993-01-01","value":0.0214524},{"date":"1994-01-01","value":0.0160853},{"date":"1995-01-01","value":0.0154906},{"date":"1996-01-01","value":0.0103936},{"date":"1997-01-01","value":0.0179528},{"date":"1998-01-01","value":0.0158858},{"date":"1999-01-01","value":0.0143719},{"date":"2000-01-01","value":0.0152657},{"date":"2001-01-01","value":0.0155511},{"date":"2002-01-01","value":0.0115332},{"date":"2003-01-01","value":0.011814},{"date":"2004-01-01","value":0.0128831},{"date":"2005-01-01","value":0.0183172},{"date":"2006-01-01","value":0.0197849},{"date":"2007-01-01","value":0.0188899},{"date":"2008-01-01","value":0.0179155},{"date":"2009-01-01","value":0.0122969},{"date":"2010-01-01","value":0.0101507},{"date":"2011-01-01","value":0.0113041},{"date":"2012-01-01","value":0.0137553},{"date":"2013-01-01","value":0.0239823},{"date":"2014-01-01","value":0.00723672},{"date":"2015-01-01","value":0.00255919},{"date":"2016-01-01","value":0.00193146},{"date":"2017-01-01","value":0.0183614},{"date":"2018-01-01","value":0.00748745},{"date":"2019-01-01","value":5.63274e-05},{"date":"2020-01-01","value":6.04972e-05},{"date":"2021-01-01","value":3.57649e-05},{"date":"2022-01-01","value":5.19848e-05},{"date":"2023-01-01","value":3.82608e-05},{"date":"2024-01-01","value":0.0}],"summary":{"latest_period":"2024-01-01","latest_value":0.0,"max":0.0305793,"mean":0.0168943,"min":0.0,"of":166,"rank":163,"trend":"falling"}}