{"entity":{"iso2":"ME","iso3":"MNE","name":"Montenegro","slug":"montenegro"},"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":"2005-01-01","value":2.69436},{"date":"2006-01-01","value":2.29071},{"date":"2007-01-01","value":1.74406},{"date":"2008-01-01","value":1.87218},{"date":"2009-01-01","value":1.84376},{"date":"2010-01-01","value":1.81435},{"date":"2011-01-01","value":1.74897},{"date":"2012-01-01","value":1.65646},{"date":"2013-01-01","value":1.45226},{"date":"2014-01-01","value":1.47227},{"date":"2015-01-01","value":1.40372},{"date":"2016-01-01","value":1.41128},{"date":"2017-01-01","value":1.36278},{"date":"2018-01-01","value":1.36929},{"date":"2019-01-01","value":1.33441},{"date":"2020-01-01","value":1.73803},{"date":"2021-01-01","value":1.55528},{"date":"2022-01-01","value":1.57304},{"date":"2023-01-01","value":1.51875},{"date":"2024-01-01","value":1.83254}],"summary":{"latest_period":"2024-01-01","latest_value":1.83254,"max":2.69436,"mean":1.68443,"min":1.33441,"of":164,"rank":79,"trend":"falling"}}