{"entity":{"iso2":"AZ","iso3":"AZE","name":"Azerbaijan","slug":"azerbaijan"},"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":"1992-01-01","value":2.40023},{"date":"1993-01-01","value":5.00047},{"date":"1994-01-01","value":1.94658},{"date":"1995-01-01","value":2.7369},{"date":"1996-01-01","value":2.25423},{"date":"1997-01-01","value":2.32405},{"date":"1998-01-01","value":2.41236},{"date":"1999-01-01","value":2.62511},{"date":"2000-01-01","value":2.26786},{"date":"2001-01-01","value":2.31206},{"date":"2002-01-01","value":2.24331},{"date":"2003-01-01","value":2.42636},{"date":"2004-01-01","value":2.62948},{"date":"2005-01-01","value":2.29907},{"date":"2006-01-01","value":3.41776},{"date":"2007-01-01","value":2.86419},{"date":"2008-01-01","value":3.29121},{"date":"2009-01-01","value":3.32542},{"date":"2010-01-01","value":2.791},{"date":"2011-01-01","value":4.67014},{"date":"2012-01-01","value":4.65862},{"date":"2013-01-01","value":4.54092},{"date":"2014-01-01","value":4.55501},{"date":"2015-01-01","value":5.46488},{"date":"2016-01-01","value":3.68853},{"date":"2017-01-01","value":3.7563},{"date":"2018-01-01","value":3.54929},{"date":"2019-01-01","value":3.84902},{"date":"2020-01-01","value":5.24153},{"date":"2021-01-01","value":4.93052},{"date":"2022-01-01","value":3.79537},{"date":"2023-01-01","value":4.92241},{"date":"2024-01-01","value":4.99292}],"summary":{"latest_period":"2024-01-01","latest_value":4.99292,"max":5.46488,"mean":3.46009,"min":1.94658,"of":164,"rank":13,"trend":"rising"}}