{"entity":{"iso2":"XO","iso3":"LMY","name":"Low & middle income","slug":"low-and-middle-income"},"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":"1961-01-01","value":2.0974},{"date":"1962-01-01","value":2.57149},{"date":"1963-01-01","value":2.77774},{"date":"1964-01-01","value":2.7241},{"date":"1965-01-01","value":2.96135},{"date":"1966-01-01","value":2.77072},{"date":"1967-01-01","value":2.93207},{"date":"1968-01-01","value":2.9536},{"date":"1969-01-01","value":3.04913},{"date":"1970-01-01","value":3.1881},{"date":"1971-01-01","value":3.1774},{"date":"1972-01-01","value":3.04163},{"date":"1973-01-01","value":2.76615},{"date":"1974-01-01","value":3.16622},{"date":"1975-01-01","value":3.8237},{"date":"1976-01-01","value":3.96104},{"date":"1977-01-01","value":3.872},{"date":"1978-01-01","value":3.72111},{"date":"1979-01-01","value":3.13578},{"date":"1980-01-01","value":2.84474},{"date":"1981-01-01","value":3.01428},{"date":"1982-01-01","value":3.08474},{"date":"1983-01-01","value":3.25151},{"date":"1984-01-01","value":3.0637},{"date":"1985-01-01","value":3.08252},{"date":"1986-01-01","value":3.14369},{"date":"1987-01-01","value":3.12695},{"date":"1988-01-01","value":2.99164},{"date":"1989-01-01","value":2.78081},{"date":"1990-01-01","value":2.5441},{"date":"1991-01-01","value":2.32417},{"date":"1992-01-01","value":2.17801},{"date":"1993-01-01","value":2.06314},{"date":"1994-01-01","value":2.02209},{"date":"1995-01-01","value":2.00702},{"date":"1996-01-01","value":1.92278},{"date":"1997-01-01","value":1.87851},{"date":"1998-01-01","value":1.83119},{"date":"1999-01-01","value":1.94434},{"date":"2000-01-01","value":1.85659},{"date":"2001-01-01","value":1.89775},{"date":"2002-01-01","value":1.92622},{"date":"2003-01-01","value":1.877},{"date":"2004-01-01","value":1.83349},{"date":"2005-01-01","value":1.79571},{"date":"2006-01-01","value":1.74499},{"date":"2007-01-01","value":1.7145},{"date":"2008-01-01","value":1.72752},{"date":"2009-01-01","value":1.9117},{"date":"2010-01-01","value":1.75885},{"date":"2011-01-01","value":1.66341},{"date":"2012-01-01","value":1.696},{"date":"2013-01-01","value":1.72021},{"date":"2014-01-01","value":1.73605},{"date":"2015-01-01","value":1.74365},{"date":"2016-01-01","value":1.74117},{"date":"2017-01-01","value":1.721},{"date":"2018-01-01","value":1.67146},{"date":"2019-01-01","value":1.67604},{"date":"2020-01-01","value":1.76657},{"date":"2021-01-01","value":1.61821},{"date":"2022-01-01","value":1.67011},{"date":"2023-01-01","value":1.77753},{"date":"2024-01-01","value":1.81578}],"summary":{"latest_period":"2024-01-01","latest_value":1.81578,"max":3.96104,"mean":2.40394,"min":1.61821,"of":45,"rank":24,"trend":"falling"}}