{"entity":{"iso2":"CN","iso3":"CHN","name":"China","slug":"china"},"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":"1989-01-01","value":2.4471},{"date":"1990-01-01","value":2.45402},{"date":"1991-01-01","value":2.31124},{"date":"1992-01-01","value":2.44954},{"date":"1993-01-01","value":1.92807},{"date":"1994-01-01","value":1.69348},{"date":"1995-01-01","value":1.68623},{"date":"1996-01-01","value":1.65273},{"date":"1997-01-01","value":1.63265},{"date":"1998-01-01","value":1.65508},{"date":"1999-01-01","value":1.87147},{"date":"2000-01-01","value":1.83576},{"date":"2001-01-01","value":1.98309},{"date":"2002-01-01","value":2.05936},{"date":"2003-01-01","value":1.99629},{"date":"2004-01-01","value":1.93851},{"date":"2005-01-01","value":1.87186},{"date":"2006-01-01","value":1.86959},{"date":"2007-01-01","value":1.75016},{"date":"2008-01-01","value":1.71604},{"date":"2009-01-01","value":1.89352},{"date":"2010-01-01","value":1.73352},{"date":"2011-01-01","value":1.65908},{"date":"2012-01-01","value":1.70094},{"date":"2013-01-01","value":1.71434},{"date":"2014-01-01","value":1.73841},{"date":"2015-01-01","value":1.77677},{"date":"2016-01-01","value":1.76889},{"date":"2017-01-01","value":1.71124},{"date":"2018-01-01","value":1.67358},{"date":"2019-01-01","value":1.68291},{"date":"2020-01-01","value":1.7567},{"date":"2021-01-01","value":1.60526},{"date":"2022-01-01","value":1.63053},{"date":"2023-01-01","value":1.66485},{"date":"2024-01-01","value":1.7113}],"summary":{"latest_period":"2024-01-01","latest_value":1.7113,"max":2.45402,"mean":1.83956,"min":1.60526,"of":164,"rank":83,"trend":"falling"}}