{"entity":{"iso2":"T7","iso3":"TEC","name":"Europe & Central Asia (IDA & IBRD countries)","slug":"europe-and-central-asia-ida-and-ibrd-countries"},"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":3.53157},{"date":"1961-01-01","value":3.76454},{"date":"1962-01-01","value":3.71108},{"date":"1963-01-01","value":3.38734},{"date":"1964-01-01","value":3.42247},{"date":"1965-01-01","value":3.55442},{"date":"1966-01-01","value":3.14398},{"date":"1967-01-01","value":3.25957},{"date":"1968-01-01","value":3.27556},{"date":"1969-01-01","value":3.07934},{"date":"1970-01-01","value":3.25649},{"date":"1971-01-01","value":3.49979},{"date":"1972-01-01","value":3.44552},{"date":"1973-01-01","value":3.34945},{"date":"1974-01-01","value":3.19302},{"date":"1975-01-01","value":5.11945},{"date":"1976-01-01","value":4.94303},{"date":"1977-01-01","value":4.71362},{"date":"1978-01-01","value":4.18731},{"date":"1979-01-01","value":3.35726},{"date":"1980-01-01","value":3.94855},{"date":"1981-01-01","value":3.87467},{"date":"1982-01-01","value":4.33618},{"date":"1983-01-01","value":3.98203},{"date":"1984-01-01","value":3.67285},{"date":"1985-01-01","value":3.58923},{"date":"1986-01-01","value":3.69161},{"date":"1992-01-01","value":3.98574},{"date":"1993-01-01","value":3.54467},{"date":"1994-01-01","value":3.84575},{"date":"1995-01-01","value":3.36991},{"date":"1996-01-01","value":3.38747},{"date":"1997-01-01","value":3.57724},{"date":"1998-01-01","value":2.76245},{"date":"1999-01-01","value":2.95785},{"date":"2000-01-01","value":2.93373},{"date":"2001-01-01","value":2.92792},{"date":"2002-01-01","value":3.05967},{"date":"2003-01-01","value":2.89761},{"date":"2004-01-01","value":2.62273},{"date":"2005-01-01","value":2.59434},{"date":"2006-01-01","value":2.57647},{"date":"2007-01-01","value":2.51945},{"date":"2008-01-01","value":2.48593},{"date":"2009-01-01","value":2.80387},{"date":"2010-01-01","value":2.65296},{"date":"2011-01-01","value":2.59224},{"date":"2012-01-01","value":2.74966},{"date":"2013-01-01","value":2.79977},{"date":"2014-01-01","value":2.88176},{"date":"2015-01-01","value":3.07062},{"date":"2016-01-01","value":3.25377},{"date":"2017-01-01","value":2.8694},{"date":"2018-01-01","value":2.79038},{"date":"2019-01-01","value":2.93777},{"date":"2020-01-01","value":2.97746},{"date":"2021-01-01","value":2.66059},{"date":"2022-01-01","value":3.80321},{"date":"2023-01-01","value":4.52448},{"date":"2024-01-01","value":5.19083}],"summary":{"latest_period":"2024-01-01","latest_value":5.19083,"max":5.19083,"mean":3.38163,"min":2.48593,"of":45,"rank":2,"trend":"falling"}}