{"entity":{"iso2":"PH","iso3":"PHL","name":"Philippines","slug":"philippines"},"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":1.77846},{"date":"1961-01-01","value":1.70291},{"date":"1962-01-01","value":1.80882},{"date":"1963-01-01","value":1.85586},{"date":"1964-01-01","value":1.70494},{"date":"1965-01-01","value":1.5492},{"date":"1966-01-01","value":1.65173},{"date":"1967-01-01","value":1.73994},{"date":"1968-01-01","value":1.86747},{"date":"1969-01-01","value":2.09089},{"date":"1970-01-01","value":2.15676},{"date":"1971-01-01","value":2.06999},{"date":"1972-01-01","value":2.33616},{"date":"1973-01-01","value":2.8138},{"date":"1974-01-01","value":3.55804},{"date":"1976-01-01","value":3.93134},{"date":"1977-01-01","value":3.62131},{"date":"1978-01-01","value":2.58177},{"date":"1979-01-01","value":2.96493},{"date":"1980-01-01","value":2.70975},{"date":"1981-01-01","value":2.75572},{"date":"1982-01-01","value":2.59729},{"date":"1983-01-01","value":2.40925},{"date":"1984-01-01","value":1.63476},{"date":"1985-01-01","value":1.98257},{"date":"1986-01-01","value":1.98805},{"date":"1987-01-01","value":1.96525},{"date":"1988-01-01","value":2.45889},{"date":"1989-01-01","value":2.24292},{"date":"1990-01-01","value":2.14725},{"date":"1991-01-01","value":2.01072},{"date":"1992-01-01","value":2.03646},{"date":"1993-01-01","value":2.15754},{"date":"1994-01-01","value":2.17245},{"date":"1995-01-01","value":2.29413},{"date":"1996-01-01","value":2.26841},{"date":"1997-01-01","value":1.91446},{"date":"1998-01-01","value":1.69729},{"date":"1999-01-01","value":1.61578},{"date":"2000-01-01","value":1.60823},{"date":"2001-01-01","value":1.47138},{"date":"2002-01-01","value":1.47389},{"date":"2003-01-01","value":1.55084},{"date":"2004-01-01","value":1.36063},{"date":"2005-01-01","value":1.27788},{"date":"2006-01-01","value":1.2591},{"date":"2007-01-01","value":1.29143},{"date":"2008-01-01","value":1.25033},{"date":"2009-01-01","value":1.20232},{"date":"2010-01-01","value":1.17013},{"date":"2011-01-01","value":1.15341},{"date":"2012-01-01","value":1.1067},{"date":"2013-01-01","value":1.1895},{"date":"2014-01-01","value":1.04313},{"date":"2015-01-01","value":1.08846},{"date":"2016-01-01","value":1.04559},{"date":"2017-01-01","value":1.16796},{"date":"2018-01-01","value":1.18425},{"date":"2019-01-01","value":1.13133},{"date":"2020-01-01","value":1.29724},{"date":"2021-01-01","value":1.40682},{"date":"2022-01-01","value":1.3163},{"date":"2023-01-01","value":1.1763},{"date":"2024-01-01","value":1.32427}],"summary":{"latest_period":"2024-01-01","latest_value":1.32427,"max":3.93134,"mean":1.84985,"min":1.04313,"of":164,"rank":101,"trend":"falling"}}