{"entity":{"iso2":"NZ","iso3":"NZL","name":"New Zealand","slug":"new-zealand"},"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":2.69073},{"date":"1961-01-01","value":2.48563},{"date":"1962-01-01","value":2.30994},{"date":"1963-01-01","value":2.19829},{"date":"1964-01-01","value":2.47283},{"date":"1965-01-01","value":2.35556},{"date":"1966-01-01","value":2.63927},{"date":"1967-01-01","value":2.62371},{"date":"1968-01-01","value":2.72768},{"date":"1969-01-01","value":2.56623},{"date":"1970-01-01","value":2.63203},{"date":"1971-01-01","value":2.3167},{"date":"1972-01-01","value":2.18327},{"date":"1973-01-01","value":1.97304},{"date":"1974-01-01","value":2.06538},{"date":"1975-01-01","value":2.08476},{"date":"1976-01-01","value":1.93603},{"date":"1977-01-01","value":2.1159},{"date":"1978-01-01","value":2.20987},{"date":"1979-01-01","value":2.15964},{"date":"1980-01-01","value":3.02279},{"date":"1981-01-01","value":2.72938},{"date":"1982-01-01","value":2.58286},{"date":"1983-01-01","value":2.43836},{"date":"1984-01-01","value":2.37762},{"date":"1985-01-01","value":2.36463},{"date":"1986-01-01","value":2.36759},{"date":"1987-01-01","value":2.40728},{"date":"1988-01-01","value":2.11567},{"date":"1989-01-01","value":2.18129},{"date":"1990-01-01","value":2.31118},{"date":"1991-01-01","value":2.2788},{"date":"1992-01-01","value":2.09692},{"date":"1993-01-01","value":1.9357},{"date":"1994-01-01","value":1.85337},{"date":"1995-01-01","value":1.8425},{"date":"1996-01-01","value":1.79266},{"date":"1997-01-01","value":1.71947},{"date":"1998-01-01","value":1.71057},{"date":"1999-01-01","value":1.64848},{"date":"2000-01-01","value":1.59662},{"date":"2001-01-01","value":1.50037},{"date":"2002-01-01","value":1.40028},{"date":"2003-01-01","value":1.32758},{"date":"2004-01-01","value":1.1768},{"date":"2005-01-01","value":1.13991},{"date":"2006-01-01","value":1.24083},{"date":"2007-01-01","value":1.18207},{"date":"2008-01-01","value":1.15276},{"date":"2009-01-01","value":1.21981},{"date":"2010-01-01","value":1.20992},{"date":"2011-01-01","value":1.16235},{"date":"2012-01-01","value":1.11637},{"date":"2013-01-01","value":1.04392},{"date":"2014-01-01","value":0.998147},{"date":"2015-01-01","value":0.98795},{"date":"2016-01-01","value":1.03553},{"date":"2017-01-01","value":1.05195},{"date":"2018-01-01","value":1.10543},{"date":"2019-01-01","value":1.29326},{"date":"2020-01-01","value":1.33995},{"date":"2021-01-01","value":1.16478},{"date":"2022-01-01","value":1.1709},{"date":"2023-01-01","value":1.22065},{"date":"2024-01-01","value":1.19405}],"summary":{"latest_period":"2024-01-01","latest_value":1.19405,"max":3.02279,"mean":1.8547,"min":0.98795,"of":165,"rank":111,"trend":"falling"}}