{"entity":{"iso2":"S1","iso3":"SST","name":"Small states","slug":"small-states"},"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":"2006-01-01","value":1.37124},{"date":"2007-01-01","value":1.35898},{"date":"2008-01-01","value":1.30841},{"date":"2009-01-01","value":1.48824},{"date":"2010-01-01","value":1.43239},{"date":"2011-01-01","value":1.31962},{"date":"2012-01-01","value":1.31294},{"date":"2013-01-01","value":1.31826},{"date":"2014-01-01","value":1.37499},{"date":"2015-01-01","value":1.36899},{"date":"2018-01-01","value":1.34616},{"date":"2019-01-01","value":1.40785},{"date":"2020-01-01","value":1.60408},{"date":"2021-01-01","value":1.4671},{"date":"2022-01-01","value":1.35606},{"date":"2023-01-01","value":1.5861},{"date":"2024-01-01","value":1.6852}],"summary":{"latest_period":"2024-01-01","latest_value":1.6852,"max":1.6852,"mean":1.41804,"min":1.30841,"of":43,"rank":26,"trend":"rising"}}