{"entity":{"iso2":"XC","iso3":"EMU","name":"Euro area","slug":"euro-area"},"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":3.77221},{"date":"1961-01-01","value":3.70266},{"date":"1962-01-01","value":3.97362},{"date":"1963-01-01","value":3.96923},{"date":"1964-01-01","value":3.74082},{"date":"1965-01-01","value":3.55762},{"date":"1966-01-01","value":3.51525},{"date":"1967-01-01","value":3.53414},{"date":"1968-01-01","value":3.30128},{"date":"1969-01-01","value":3.12925},{"date":"1970-01-01","value":2.83319},{"date":"1971-01-01","value":2.83666},{"date":"1972-01-01","value":2.88642},{"date":"1973-01-01","value":2.79826},{"date":"1974-01-01","value":2.82366},{"date":"1975-01-01","value":2.86522},{"date":"1976-01-01","value":2.79369},{"date":"1977-01-01","value":2.80695},{"date":"1978-01-01","value":2.78622},{"date":"1979-01-01","value":2.75626},{"date":"1980-01-01","value":2.7127},{"date":"1981-01-01","value":2.79359},{"date":"1982-01-01","value":2.83325},{"date":"1983-01-01","value":2.81207},{"date":"1984-01-01","value":2.74488},{"date":"1985-01-01","value":2.69016},{"date":"1986-01-01","value":2.6203},{"date":"1987-01-01","value":2.62885},{"date":"1988-01-01","value":2.52968},{"date":"1989-01-01","value":2.43804},{"date":"1990-01-01","value":2.36672},{"date":"1991-01-01","value":2.16572},{"date":"1992-01-01","value":2.06425},{"date":"1993-01-01","value":2.00342},{"date":"1994-01-01","value":1.92585},{"date":"1995-01-01","value":1.793},{"date":"1996-01-01","value":1.77748},{"date":"1997-01-01","value":1.74219},{"date":"1998-01-01","value":1.69472},{"date":"1999-01-01","value":1.67541},{"date":"2000-01-01","value":1.63812},{"date":"2001-01-01","value":1.5893},{"date":"2002-01-01","value":1.57506},{"date":"2003-01-01","value":1.57101},{"date":"2004-01-01","value":1.55451},{"date":"2005-01-01","value":1.51415},{"date":"2006-01-01","value":1.46463},{"date":"2007-01-01","value":1.42352},{"date":"2008-01-01","value":1.46089},{"date":"2009-01-01","value":1.54465},{"date":"2010-01-01","value":1.47072},{"date":"2011-01-01","value":1.40743},{"date":"2012-01-01","value":1.40462},{"date":"2013-01-01","value":1.35325},{"date":"2014-01-01","value":1.31489},{"date":"2015-01-01","value":1.29136},{"date":"2016-01-01","value":1.30323},{"date":"2017-01-01","value":1.30761},{"date":"2018-01-01","value":1.323},{"date":"2019-01-01","value":1.35826},{"date":"2020-01-01","value":1.51574},{"date":"2021-01-01","value":1.48332},{"date":"2022-01-01","value":1.50027},{"date":"2023-01-01","value":1.55761},{"date":"2024-01-01","value":1.74679}],"summary":{"latest_period":"2024-01-01","latest_value":1.74679,"max":3.97362,"mean":2.2626,"min":1.29136,"of":45,"rank":26,"trend":"falling"}}
