{"entity":{"iso2":"LY","iso3":"LBY","name":"Libya","slug":"libya"},"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":1.592},{"date":"1961-01-01","value":1.85507},{"date":"1962-01-01","value":3.10417},{"date":"1963-01-01","value":2.40794},{"date":"1964-01-01","value":1.84375},{"date":"1965-01-01","value":1.85714},{"date":"1966-01-01","value":2.91492},{"date":"1967-01-01","value":3.36095},{"date":"1968-01-01","value":2.85595},{"date":"1969-01-01","value":3.76289},{"date":"1970-01-01","value":6.07293},{"date":"1971-01-01","value":5.32268},{"date":"1972-01-01","value":3.70968},{"date":"1973-01-01","value":3.98486},{"date":"1974-01-01","value":3.29127},{"date":"1975-01-01","value":2.25397},{"date":"1976-01-01","value":1.96862},{"date":"1977-01-01","value":2.46399},{"date":"1978-01-01","value":3.79923},{"date":"1979-01-01","value":3.22075},{"date":"1980-01-01","value":2.92236},{"date":"1981-01-01","value":1.75511},{"date":"1982-01-01","value":2.24053},{"date":"1997-01-01","value":4.07803},{"date":"1998-01-01","value":5.29744},{"date":"1999-01-01","value":3.78386},{"date":"2000-01-01","value":3.14686},{"date":"2001-01-01","value":2.41351},{"date":"2002-01-01","value":2.06924},{"date":"2003-01-01","value":2.07205},{"date":"2004-01-01","value":2.07107},{"date":"2005-01-01","value":1.52811},{"date":"2006-01-01","value":1.12034},{"date":"2007-01-01","value":0.946678},{"date":"2008-01-01","value":1.48985},{"date":"2012-01-01","value":3.7456},{"date":"2013-01-01","value":7.63933},{"date":"2014-01-01","value":15.4796},{"date":"2022-01-01","value":4.34666},{"date":"2023-01-01","value":5.28705}],"summary":{"latest_period":"2023-01-01","latest_value":5.28705,"max":15.4796,"mean":3.3769,"min":0.946678,"of":164,"rank":12,"trend":"volatile"}}