{"entity":{"iso2":"XN","iso3":"LMC","name":"Lower middle income","slug":"lower-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":"1960-01-01","value":2.1702},{"date":"1961-01-01","value":2.05187},{"date":"1962-01-01","value":2.77081},{"date":"1963-01-01","value":3.68177},{"date":"1964-01-01","value":3.67122},{"date":"1965-01-01","value":3.83356},{"date":"1966-01-01","value":3.64575},{"date":"1967-01-01","value":3.63106},{"date":"1968-01-01","value":3.86245},{"date":"1969-01-01","value":4.12685},{"date":"1970-01-01","value":4.15745},{"date":"1971-01-01","value":4.46157},{"date":"1972-01-01","value":4.33243},{"date":"1973-01-01","value":3.72793},{"date":"1974-01-01","value":3.66036},{"date":"1975-01-01","value":4.30415},{"date":"1976-01-01","value":4.14813},{"date":"1977-01-01","value":4.0438},{"date":"1978-01-01","value":3.8673},{"date":"1979-01-01","value":3.56442},{"date":"1980-01-01","value":3.19286},{"date":"1981-01-01","value":3.13906},{"date":"1982-01-01","value":3.26466},{"date":"1983-01-01","value":3.481},{"date":"1984-01-01","value":3.39989},{"date":"1985-01-01","value":3.3201},{"date":"1986-01-01","value":3.59276},{"date":"1987-01-01","value":3.8569},{"date":"1988-01-01","value":3.48425},{"date":"1989-01-01","value":3.4795},{"date":"1990-01-01","value":3.10954},{"date":"1991-01-01","value":2.83127},{"date":"1992-01-01","value":2.72873},{"date":"1993-01-01","value":2.87063},{"date":"1994-01-01","value":2.58863},{"date":"1995-01-01","value":2.39526},{"date":"1996-01-01","value":2.18298},{"date":"1997-01-01","value":2.25048},{"date":"1998-01-01","value":2.22627},{"date":"1999-01-01","value":2.60384},{"date":"2000-01-01","value":2.50729},{"date":"2001-01-01","value":2.53737},{"date":"2002-01-01","value":2.48822},{"date":"2003-01-01","value":2.3779},{"date":"2004-01-01","value":2.38572},{"date":"2005-01-01","value":2.41209},{"date":"2006-01-01","value":2.25282},{"date":"2007-01-01","value":2.1401},{"date":"2008-01-01","value":2.16161},{"date":"2009-01-01","value":2.37551},{"date":"2010-01-01","value":2.2222},{"date":"2011-01-01","value":2.13829},{"date":"2012-01-01","value":2.10665},{"date":"2013-01-01","value":2.12313},{"date":"2014-01-01","value":2.1137},{"date":"2015-01-01","value":2.06013},{"date":"2016-01-01","value":2.12283},{"date":"2017-01-01","value":2.1644},{"date":"2018-01-01","value":2.04375},{"date":"2019-01-01","value":2.01977},{"date":"2020-01-01","value":2.17173},{"date":"2021-01-01","value":2.03932},{"date":"2022-01-01","value":1.89938},{"date":"2023-01-01","value":1.91424},{"date":"2024-01-01","value":1.93962}],"summary":{"latest_period":"2024-01-01","latest_value":1.93962,"max":4.46157,"mean":2.89892,"min":1.89938,"of":45,"rank":21,"trend":"falling"}}