{"entity":{"iso2":"PA","iso3":"PAN","name":"Panama","slug":"panama"},"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":"1987-01-01","value":1.84098},{"date":"1988-01-01","value":2.11099},{"date":"1989-01-01","value":2.08491},{"date":"1990-01-01","value":1.25636},{"date":"1991-01-01","value":1.22855},{"date":"1992-01-01","value":1.08347},{"date":"1993-01-01","value":1.19865},{"date":"1994-01-01","value":1.19256},{"date":"1995-01-01","value":1.11576},{"date":"1996-01-01","value":1.08559},{"date":"1997-01-01","value":1.17017},{"date":"1998-01-01","value":0.951292},{"date":"1999-01-01","value":0.974136}],"summary":{"latest_period":"1999-01-01","latest_value":0.974136,"max":2.11099,"mean":1.33026,"min":0.951292,"of":164,"rank":124,"trend":"falling"}}