{"entity":{"iso2":"LU","iso3":"LUX","name":"Luxembourg","slug":"luxembourg"},"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":0.906953},{"date":"1961-01-01","value":1.00015},{"date":"1962-01-01","value":1.16246},{"date":"1963-01-01","value":1.06722},{"date":"1964-01-01","value":1.24585},{"date":"1965-01-01","value":1.22032},{"date":"1966-01-01","value":1.21188},{"date":"1967-01-01","value":0.996086},{"date":"1968-01-01","value":0.825023},{"date":"1969-01-01","value":0.737581},{"date":"1970-01-01","value":0.681993},{"date":"1971-01-01","value":0.712647},{"date":"1972-01-01","value":0.738046},{"date":"1973-01-01","value":0.706935},{"date":"1974-01-01","value":0.685},{"date":"1975-01-01","value":0.869719},{"date":"1976-01-01","value":0.890997},{"date":"1977-01-01","value":0.906505},{"date":"1978-01-01","value":0.929191},{"date":"1979-01-01","value":0.918696},{"date":"1980-01-01","value":1.04184},{"date":"1981-01-01","value":1.09342},{"date":"1982-01-01","value":1.07715},{"date":"1983-01-01","value":1.08824},{"date":"1984-01-01","value":1.04217},{"date":"1985-01-01","value":0.867554},{"date":"1986-01-01","value":0.833087},{"date":"1987-01-01","value":0.915916},{"date":"1988-01-01","value":0.951495},{"date":"1989-01-01","value":0.788458},{"date":"1990-01-01","value":0.788345},{"date":"1991-01-01","value":0.811385},{"date":"1992-01-01","value":0.827198},{"date":"1993-01-01","value":0.707154},{"date":"1994-01-01","value":0.741561},{"date":"1995-01-01","value":0.616312},{"date":"1996-01-01","value":0.611795},{"date":"1997-01-01","value":0.619164},{"date":"1998-01-01","value":0.641796},{"date":"1999-01-01","value":0.580381},{"date":"2000-01-01","value":0.546329},{"date":"2001-01-01","value":0.677212},{"date":"2002-01-01","value":0.588787},{"date":"2003-01-01","value":0.606266},{"date":"2004-01-01","value":0.605731},{"date":"2005-01-01","value":0.584776},{"date":"2006-01-01","value":0.520788},{"date":"2007-01-01","value":0.501624},{"date":"2008-01-01","value":0.364913},{"date":"2009-01-01","value":0.371312},{"date":"2010-01-01","value":0.441009},{"date":"2011-01-01","value":0.376776},{"date":"2012-01-01","value":0.358937},{"date":"2013-01-01","value":0.358492},{"date":"2014-01-01","value":0.366857},{"date":"2015-01-01","value":0.415572},{"date":"2016-01-01","value":0.378949},{"date":"2017-01-01","value":0.495111},{"date":"2018-01-01","value":0.500656},{"date":"2019-01-01","value":0.546198},{"date":"2020-01-01","value":0.578077},{"date":"2021-01-01","value":0.471249},{"date":"2022-01-01","value":0.625326},{"date":"2023-01-01","value":0.773179},{"date":"2024-01-01","value":0.962679}],"summary":{"latest_period":"2024-01-01","latest_value":0.962679,"max":1.24585,"mean":0.739608,"min":0.358492,"of":165,"rank":127,"trend":"falling"}}