{"entity":{"iso2":"PG","iso3":"PNG","name":"Papua New Guinea","slug":"papua-new-guinea"},"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":"1975-01-01","value":0.603586},{"date":"1976-01-01","value":1.63126},{"date":"1977-01-01","value":1.25009},{"date":"1978-01-01","value":1.26645},{"date":"1979-01-01","value":1.21031},{"date":"1980-01-01","value":1.40308},{"date":"1981-01-01","value":1.40964},{"date":"1985-01-01","value":1.55888},{"date":"1986-01-01","value":1.56493},{"date":"1987-01-01","value":1.61078},{"date":"1988-01-01","value":1.26629},{"date":"1989-01-01","value":1.49654},{"date":"1990-01-01","value":1.41913},{"date":"1991-01-01","value":0.924686},{"date":"1992-01-01","value":0.890351},{"date":"1993-01-01","value":0.917458},{"date":"1994-01-01","value":1.01321},{"date":"1995-01-01","value":0.775516},{"date":"1996-01-01","value":1.01731},{"date":"1997-01-01","value":1.07535},{"date":"1998-01-01","value":0.87922},{"date":"1999-01-01","value":0.691395},{"date":"2000-01-01","value":0.639108},{"date":"2001-01-01","value":0.547295},{"date":"2002-01-01","value":0.371638},{"date":"2003-01-01","value":0.345763},{"date":"2004-01-01","value":0.389122},{"date":"2005-01-01","value":0.416638},{"date":"2006-01-01","value":0.37692},{"date":"2007-01-01","value":0.411603},{"date":"2008-01-01","value":0.337014},{"date":"2009-01-01","value":0.447943},{"date":"2010-01-01","value":0.325144},{"date":"2011-01-01","value":0.356925},{"date":"2012-01-01","value":0.519472},{"date":"2013-01-01","value":0.494549},{"date":"2014-01-01","value":0.484413},{"date":"2015-01-01","value":0.4599},{"date":"2016-01-01","value":0.381077},{"date":"2017-01-01","value":0.355034},{"date":"2018-01-01","value":0.330227},{"date":"2019-01-01","value":0.362699},{"date":"2020-01-01","value":0.393262},{"date":"2021-01-01","value":0.329678},{"date":"2022-01-01","value":0.420977},{"date":"2023-01-01","value":0.336864},{"date":"2024-01-01","value":0.307996}],"summary":{"latest_period":"2024-01-01","latest_value":0.307996,"max":1.63126,"mean":0.766313,"min":0.307996,"of":165,"rank":161,"trend":"volatile"}}