{"entity":{"iso2":"KR","iso3":"KOR","name":"South Korea","slug":"korea-rep"},"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":7.15755},{"date":"1961-01-01","value":6.72615},{"date":"1962-01-01","value":6.8672},{"date":"1963-01-01","value":4.82386},{"date":"1964-01-01","value":4.13444},{"date":"1965-01-01","value":4.41047},{"date":"1966-01-01","value":4.68887},{"date":"1967-01-01","value":4.68514},{"date":"1968-01-01","value":4.73064},{"date":"1969-01-01","value":4.6944},{"date":"1970-01-01","value":4.40335},{"date":"1971-01-01","value":4.73499},{"date":"1972-01-01","value":5.01007},{"date":"1973-01-01","value":4.03473},{"date":"1974-01-01","value":4.54145},{"date":"1975-01-01","value":4.87872},{"date":"1976-01-01","value":5.90816},{"date":"1977-01-01","value":6.03494},{"date":"1978-01-01","value":6.37145},{"date":"1979-01-01","value":5.52588},{"date":"1980-01-01","value":6.39877},{"date":"1981-01-01","value":6.41586},{"date":"1982-01-01","value":6.24089},{"date":"1983-01-01","value":5.72681},{"date":"1984-01-01","value":5.25454},{"date":"1985-01-01","value":5.22553},{"date":"1986-01-01","value":4.94826},{"date":"1987-01-01","value":4.46861},{"date":"1988-01-01","value":4.28122},{"date":"1989-01-01","value":4.29024},{"date":"1990-01-01","value":4.0023},{"date":"1991-01-01","value":3.71113},{"date":"1992-01-01","value":3.69027},{"date":"1993-01-01","value":3.41789},{"date":"1994-01-01","value":3.19275},{"date":"1995-01-01","value":2.89233},{"date":"1996-01-01","value":2.74348},{"date":"1997-01-01","value":2.66339},{"date":"1998-01-01","value":2.79444},{"date":"1999-01-01","value":2.49258},{"date":"2000-01-01","value":2.30986},{"date":"2001-01-01","value":2.28023},{"date":"2002-01-01","value":2.16945},{"date":"2003-01-01","value":2.17524},{"date":"2004-01-01","value":2.16579},{"date":"2005-01-01","value":2.2804},{"date":"2006-01-01","value":2.29892},{"date":"2007-01-01","value":2.27094},{"date":"2008-01-01","value":2.38851},{"date":"2009-01-01","value":2.4999},{"date":"2010-01-01","value":2.36123},{"date":"2011-01-01","value":2.37114},{"date":"2012-01-01","value":2.39206},{"date":"2013-01-01","value":2.39129},{"date":"2014-01-01","value":2.41327},{"date":"2015-01-01","value":2.37637},{"date":"2016-01-01","value":2.3358},{"date":"2017-01-01","value":2.29813},{"date":"2018-01-01","value":2.36151},{"date":"2019-01-01","value":2.51932},{"date":"2020-01-01","value":2.64298},{"date":"2021-01-01","value":2.61905},{"date":"2022-01-01","value":2.57643},{"date":"2023-01-01","value":2.59926},{"date":"2024-01-01","value":2.56205}],"summary":{"latest_period":"2024-01-01","latest_value":2.56205,"max":7.15755,"mean":3.82881,"min":2.16579,"of":164,"rank":44,"trend":"falling"}}