{"entity":{"iso2":"V3","iso3":"LTE","name":"Late-demographic dividend","slug":"late-demographic-dividend"},"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":"1992-01-01","value":3.26778},{"date":"1993-01-01","value":2.83519},{"date":"1994-01-01","value":2.72352},{"date":"1995-01-01","value":2.43291},{"date":"1996-01-01","value":2.32002},{"date":"1997-01-01","value":2.336},{"date":"1998-01-01","value":2.1759},{"date":"1999-01-01","value":2.25221},{"date":"2000-01-01","value":2.29404},{"date":"2001-01-01","value":2.37384},{"date":"2002-01-01","value":2.38284},{"date":"2003-01-01","value":2.28057},{"date":"2004-01-01","value":2.18828},{"date":"2005-01-01","value":2.12583},{"date":"2006-01-01","value":2.08276},{"date":"2007-01-01","value":2.02206},{"date":"2008-01-01","value":2.01945},{"date":"2009-01-01","value":2.20124},{"date":"2010-01-01","value":2.076},{"date":"2011-01-01","value":2.00061},{"date":"2012-01-01","value":2.06678},{"date":"2013-01-01","value":2.09437},{"date":"2014-01-01","value":2.08944},{"date":"2015-01-01","value":2.03282},{"date":"2016-01-01","value":2.04318},{"date":"2017-01-01","value":1.92917},{"date":"2018-01-01","value":1.86324},{"date":"2019-01-01","value":1.87218},{"date":"2020-01-01","value":1.95158},{"date":"2021-01-01","value":1.8098},{"date":"2022-01-01","value":1.90969},{"date":"2023-01-01","value":1.95591},{"date":"2024-01-01","value":2.17302}],"summary":{"latest_period":"2024-01-01","latest_value":2.17302,"max":3.26778,"mean":2.18734,"min":1.8098,"of":45,"rank":16,"trend":"falling"}}