{"entity":{"iso2":"EU","iso3":"EUU","name":"European Union","slug":"european-union"},"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":3.74796},{"date":"1961-01-01","value":3.67751},{"date":"1962-01-01","value":3.94453},{"date":"1963-01-01","value":3.94761},{"date":"1964-01-01","value":3.72638},{"date":"1965-01-01","value":3.55982},{"date":"1966-01-01","value":3.51281},{"date":"1967-01-01","value":3.51442},{"date":"1968-01-01","value":3.29587},{"date":"1969-01-01","value":3.12899},{"date":"1970-01-01","value":2.86185},{"date":"1971-01-01","value":2.86256},{"date":"1972-01-01","value":2.89897},{"date":"1973-01-01","value":2.80243},{"date":"1974-01-01","value":2.83053},{"date":"1975-01-01","value":2.86791},{"date":"1976-01-01","value":2.79091},{"date":"1977-01-01","value":2.80725},{"date":"1978-01-01","value":2.79241},{"date":"1979-01-01","value":2.76309},{"date":"1980-01-01","value":2.71891},{"date":"1981-01-01","value":2.79758},{"date":"1982-01-01","value":2.82852},{"date":"1983-01-01","value":2.80309},{"date":"1984-01-01","value":2.73312},{"date":"1985-01-01","value":2.69427},{"date":"1986-01-01","value":2.60657},{"date":"1987-01-01","value":2.62247},{"date":"1988-01-01","value":2.53597},{"date":"1989-01-01","value":2.45005},{"date":"1990-01-01","value":2.37828},{"date":"1991-01-01","value":2.17935},{"date":"1992-01-01","value":2.08078},{"date":"1993-01-01","value":2.01893},{"date":"1994-01-01","value":1.93984},{"date":"1995-01-01","value":1.79168},{"date":"1996-01-01","value":1.76539},{"date":"1997-01-01","value":1.75289},{"date":"1998-01-01","value":1.70953},{"date":"1999-01-01","value":1.68789},{"date":"2000-01-01","value":1.65016},{"date":"2001-01-01","value":1.60744},{"date":"2002-01-01","value":1.58974},{"date":"2003-01-01","value":1.5832},{"date":"2004-01-01","value":1.55821},{"date":"2005-01-01","value":1.52269},{"date":"2006-01-01","value":1.47272},{"date":"2007-01-01","value":1.43303},{"date":"2008-01-01","value":1.45186},{"date":"2009-01-01","value":1.52656},{"date":"2010-01-01","value":1.46081},{"date":"2011-01-01","value":1.39708},{"date":"2012-01-01","value":1.39589},{"date":"2013-01-01","value":1.34698},{"date":"2014-01-01","value":1.31655},{"date":"2015-01-01","value":1.30253},{"date":"2016-01-01","value":1.30653},{"date":"2017-01-01","value":1.31409},{"date":"2018-01-01","value":1.33833},{"date":"2019-01-01","value":1.37438},{"date":"2020-01-01","value":1.53553},{"date":"2021-01-01","value":1.4992},{"date":"2022-01-01","value":1.52481},{"date":"2023-01-01","value":1.64488},{"date":"2024-01-01","value":1.90098}],"summary":{"latest_period":"2024-01-01","latest_value":1.90098,"max":3.94761,"mean":2.26897,"min":1.30253,"of":45,"rank":22,"trend":"falling"}}