{"entity":{"iso2":"RS","iso3":"SRB","name":"Serbia","slug":"serbia"},"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":"1996-01-01","value":3.16001},{"date":"1997-01-01","value":3.3674},{"date":"1998-01-01","value":3.05713},{"date":"1999-01-01","value":3.53216},{"date":"2000-01-01","value":4.60092},{"date":"2001-01-01","value":3.63303},{"date":"2002-01-01","value":3.7841},{"date":"2003-01-01","value":3.09654},{"date":"2004-01-01","value":2.75342},{"date":"2005-01-01","value":2.2217},{"date":"2006-01-01","value":2.11743},{"date":"2007-01-01","value":2.16443},{"date":"2008-01-01","value":2.0502},{"date":"2009-01-01","value":2.0749},{"date":"2010-01-01","value":2.00369},{"date":"2011-01-01","value":1.92573},{"date":"2012-01-01","value":1.91798},{"date":"2013-01-01","value":1.84757},{"date":"2014-01-01","value":1.87024},{"date":"2015-01-01","value":1.69548},{"date":"2016-01-01","value":1.85742},{"date":"2017-01-01","value":1.75424},{"date":"2018-01-01","value":2.01722},{"date":"2019-01-01","value":2.18223},{"date":"2020-01-01","value":2.29537},{"date":"2021-01-01","value":2.72904},{"date":"2022-01-01","value":2.17267},{"date":"2023-01-01","value":2.20807},{"date":"2024-01-01","value":2.59514}],"summary":{"latest_period":"2024-01-01","latest_value":2.59514,"max":4.60092,"mean":2.5064,"min":1.69548,"of":165,"rank":42,"trend":"falling"}}