{"entity":{"iso2":"1W","iso3":"WLD","name":"World","slug":"world"},"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":"1977-01-01","value":0.0352586},{"date":"1978-01-01","value":0.0327938},{"date":"1979-01-01","value":0.0313468},{"date":"1980-01-01","value":0.0318936},{"date":"1981-01-01","value":0.03402},{"date":"1982-01-01","value":0.0381303},{"date":"1983-01-01","value":0.0368399},{"date":"1984-01-01","value":0.0368905},{"date":"1985-01-01","value":0.0372748},{"date":"1986-01-01","value":0.034511},{"date":"1987-01-01","value":0.0341959},{"date":"1988-01-01","value":0.0325591},{"date":"1989-01-01","value":0.0321416},{"date":"1990-01-01","value":0.0309786},{"date":"1991-01-01","value":0.0290536},{"date":"1992-01-01","value":0.0284206},{"date":"1993-01-01","value":0.0267401},{"date":"1994-01-01","value":0.0251857},{"date":"1995-01-01","value":0.02313},{"date":"1996-01-01","value":0.0225214},{"date":"1997-01-01","value":0.0226647},{"date":"1998-01-01","value":0.0222188},{"date":"1999-01-01","value":0.0219016},{"date":"2000-01-01","value":0.0218567},{"date":"2001-01-01","value":0.0223684},{"date":"2002-01-01","value":0.0232595},{"date":"2003-01-01","value":0.0242325},{"date":"2004-01-01","value":0.024291},{"date":"2005-01-01","value":0.0242909},{"date":"2006-01-01","value":0.023199},{"date":"2007-01-01","value":0.0228233},{"date":"2008-01-01","value":0.023442},{"date":"2009-01-01","value":0.0256114},{"date":"2010-01-01","value":0.0246464},{"date":"2011-01-01","value":0.0235242},{"date":"2012-01-01","value":0.0231113},{"date":"2013-01-01","value":0.0224521},{"date":"2014-01-01","value":0.0218678},{"date":"2015-01-01","value":0.0217822},{"date":"2016-01-01","value":0.021363},{"date":"2017-01-01","value":0.0208946},{"date":"2018-01-01","value":0.0206853},{"date":"2019-01-01","value":0.0209176},{"date":"2020-01-01","value":0.0223919},{"date":"2021-01-01","value":0.0209838},{"date":"2022-01-01","value":0.0214189},{"date":"2023-01-01","value":0.0222179},{"date":"2024-01-01","value":0.023747}],"summary":{"latest_period":"2024-01-01","latest_value":0.023747,"max":0.0381303,"mean":0.0264177,"min":0.0206853,"of":3,"rank":1,"trend":"falling"}}