{"entity":{"iso2":"AU","iso3":"AUS","name":"Australia","slug":"australia"},"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":"1960-01-01","value":2.36955},{"date":"1961-01-01","value":2.41514},{"date":"1962-01-01","value":2.3637},{"date":"1963-01-01","value":2.44663},{"date":"1964-01-01","value":2.64824},{"date":"1965-01-01","value":2.95229},{"date":"1966-01-01","value":3.45138},{"date":"1967-01-01","value":3.79376},{"date":"1968-01-01","value":3.83727},{"date":"1969-01-01","value":3.38592},{"date":"1970-01-01","value":2.96604},{"date":"1971-01-01","value":2.76315},{"date":"1972-01-01","value":2.68562},{"date":"1973-01-01","value":2.37935},{"date":"1974-01-01","value":2.2628},{"date":"1975-01-01","value":2.26732},{"date":"1976-01-01","value":2.21661},{"date":"1977-01-01","value":2.2472},{"date":"1978-01-01","value":2.21569},{"date":"1979-01-01","value":2.19273},{"date":"1980-01-01","value":2.24896},{"date":"1981-01-01","value":2.2966},{"date":"1982-01-01","value":2.39327},{"date":"1983-01-01","value":2.51981},{"date":"1984-01-01","value":2.50523},{"date":"1985-01-01","value":2.52327},{"date":"1986-01-01","value":2.54043},{"date":"1987-01-01","value":2.37299},{"date":"1988-01-01","value":2.16075},{"date":"1989-01-01","value":2.04853},{"date":"1990-01-01","value":2.07634},{"date":"1991-01-01","value":2.16399},{"date":"1992-01-01","value":2.16771},{"date":"1993-01-01","value":2.17545},{"date":"1994-01-01","value":2.11377},{"date":"1995-01-01","value":2.01963},{"date":"1996-01-01","value":1.92973},{"date":"1997-01-01","value":1.86486},{"date":"1998-01-01","value":1.86889},{"date":"1999-01-01","value":1.88736},{"date":"2000-01-01","value":1.82441},{"date":"2001-01-01","value":1.86298},{"date":"2002-01-01","value":1.86803},{"date":"2003-01-01","value":1.84254},{"date":"2004-01-01","value":1.82208},{"date":"2005-01-01","value":1.79629},{"date":"2006-01-01","value":1.81773},{"date":"2007-01-01","value":1.81128},{"date":"2008-01-01","value":1.7962},{"date":"2009-01-01","value":1.92366},{"date":"2010-01-01","value":1.8526},{"date":"2011-01-01","value":1.75527},{"date":"2012-01-01","value":1.67028},{"date":"2013-01-01","value":1.6382},{"date":"2014-01-01","value":1.77242},{"date":"2015-01-01","value":1.95233},{"date":"2016-01-01","value":2.08962},{"date":"2017-01-01","value":2.0051},{"date":"2018-01-01","value":1.89562},{"date":"2019-01-01","value":1.88},{"date":"2020-01-01","value":2.00739},{"date":"2021-01-01","value":1.97848},{"date":"2022-01-01","value":1.8833},{"date":"2023-01-01","value":1.86157},{"date":"2024-01-01","value":1.88379}],"summary":{"latest_period":"2024-01-01","latest_value":1.88379,"max":3.83727,"mean":2.21891,"min":1.6382,"of":164,"rank":75,"trend":"falling"}}