{"entity":{"iso2":"1A","iso3":"ARB","name":"Arab World","slug":"arab-world"},"indicator":{"licence":"CC BY 4.0 (World Bank Open Data)","slug":"military-expenditure-percent-of-gdp","source":"SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)","source_url":"https://data.worldbank.org/indicator/MS.MIL.XPND.GD.ZS","title":"Military expenditure (% of GDP)","unit":"% of GDP"},"observations":[{"date":"1963-01-01","value":5.05387},{"date":"1964-01-01","value":5.83585},{"date":"1965-01-01","value":6.2372},{"date":"1966-01-01","value":6.55792},{"date":"1967-01-01","value":6.66745},{"date":"1968-01-01","value":6.80071},{"date":"1969-01-01","value":7.55705},{"date":"1970-01-01","value":8.038},{"date":"1971-01-01","value":7.75442},{"date":"1972-01-01","value":7.13936},{"date":"1973-01-01","value":7.59371},{"date":"1977-01-01","value":9.87197},{"date":"1978-01-01","value":9.87938},{"date":"1979-01-01","value":8.99695},{"date":"1980-01-01","value":8.01757},{"date":"1981-01-01","value":9.21041},{"date":"1982-01-01","value":11.1504},{"date":"1983-01-01","value":11.048},{"date":"1984-01-01","value":11.5409},{"date":"1985-01-01","value":10.387},{"date":"1987-01-01","value":8.56545},{"date":"1988-01-01","value":8.06123},{"date":"1991-01-01","value":10.7531},{"date":"1992-01-01","value":8.60776},{"date":"1993-01-01","value":7.85171},{"date":"1994-01-01","value":7.40877},{"date":"1995-01-01","value":6.62046},{"date":"1996-01-01","value":6.02638},{"date":"1997-01-01","value":6.57746},{"date":"1998-01-01","value":7.47289},{"date":"1999-01-01","value":6.42331},{"date":"2000-01-01","value":6.38399},{"date":"2001-01-01","value":6.29899},{"date":"2002-01-01","value":5.78196},{"date":"2003-01-01","value":5.36425},{"date":"2004-01-01","value":4.97945},{"date":"2005-01-01","value":4.55804},{"date":"2006-01-01","value":4.30344},{"date":"2007-01-01","value":4.44045},{"date":"2008-01-01","value":4.12264},{"date":"2009-01-01","value":5.19922},{"date":"2010-01-01","value":4.9467},{"date":"2011-01-01","value":4.83462},{"date":"2012-01-01","value":4.92777},{"date":"2013-01-01","value":5.67108},{"date":"2014-01-01","value":6.27264},{"date":"2015-01-01","value":7.31078},{"date":"2016-01-01","value":5.99519},{"date":"2017-01-01","value":6.22625},{"date":"2018-01-01","value":5.73468},{"date":"2019-01-01","value":5.2479},{"date":"2020-01-01","value":5.56124},{"date":"2021-01-01","value":4.96439},{"date":"2022-01-01","value":4.49525},{"date":"2023-01-01","value":5.16794},{"date":"2024-01-01","value":5.24155}],"summary":{"latest_period":"2024-01-01","latest_value":5.24155,"max":11.5409,"mean":6.85245,"min":4.12264,"of":43,"rank":1,"trend":"falling"}}