{"entity":{"iso2":"XL","iso3":"LDC","name":"Least developed countries","slug":"least-developed-countries-un-classification"},"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":"1973-01-01","value":1.62269},{"date":"1974-01-01","value":1.71884},{"date":"1975-01-01","value":1.78733},{"date":"1976-01-01","value":2.17214},{"date":"1977-01-01","value":2.25585},{"date":"1978-01-01","value":2.74505},{"date":"1979-01-01","value":2.75138},{"date":"1980-01-01","value":2.59005},{"date":"1981-01-01","value":2.62279},{"date":"1982-01-01","value":2.7011},{"date":"1984-01-01","value":3.17464},{"date":"1985-01-01","value":2.76473},{"date":"1986-01-01","value":2.96878},{"date":"1987-01-01","value":4.10408},{"date":"1988-01-01","value":4.26021},{"date":"1989-01-01","value":4.46798},{"date":"1990-01-01","value":4.51876},{"date":"1991-01-01","value":3.64494},{"date":"1992-01-01","value":3.02842},{"date":"1993-01-01","value":3.63962},{"date":"1994-01-01","value":3.40208},{"date":"1995-01-01","value":2.34095},{"date":"1996-01-01","value":1.96058},{"date":"1997-01-01","value":2.05902},{"date":"1998-01-01","value":2.25713},{"date":"1999-01-01","value":2.91591},{"date":"2000-01-01","value":2.29967},{"date":"2001-01-01","value":2.11007},{"date":"2002-01-01","value":1.98459},{"date":"2003-01-01","value":1.91243},{"date":"2004-01-01","value":2.04159},{"date":"2005-01-01","value":1.93958},{"date":"2006-01-01","value":2.09727},{"date":"2007-01-01","value":2.15386},{"date":"2008-01-01","value":2.3305},{"date":"2009-01-01","value":2.46786},{"date":"2010-01-01","value":2.0827},{"date":"2011-01-01","value":1.97942},{"date":"2012-01-01","value":2.02742},{"date":"2013-01-01","value":2.1676},{"date":"2014-01-01","value":2.16238},{"date":"2015-01-01","value":1.7981},{"date":"2016-01-01","value":1.54472},{"date":"2017-01-01","value":1.5146},{"date":"2018-01-01","value":1.32415},{"date":"2019-01-01","value":1.32849},{"date":"2020-01-01","value":1.4545},{"date":"2021-01-01","value":1.4811},{"date":"2022-01-01","value":1.41132},{"date":"2023-01-01","value":1.39392},{"date":"2024-01-01","value":1.545}],"summary":{"latest_period":"2024-01-01","latest_value":1.545,"max":4.51876,"mean":2.3731,"min":1.32415,"of":43,"rank":30,"trend":"falling"}}
