{"entity":{"iso2":"XT","iso3":"UMC","name":"Upper middle income","slug":"upper-middle-income"},"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":"1961-01-01","value":2.09261},{"date":"1962-01-01","value":2.35689},{"date":"1963-01-01","value":2.19501},{"date":"1964-01-01","value":2.09414},{"date":"1966-01-01","value":2.36881},{"date":"1967-01-01","value":2.5325},{"date":"1968-01-01","value":2.46348},{"date":"1969-01-01","value":2.48066},{"date":"1971-01-01","value":2.50798},{"date":"1973-01-01","value":2.27868},{"date":"1974-01-01","value":2.94808},{"date":"1975-01-01","value":3.58284},{"date":"1976-01-01","value":3.86221},{"date":"1977-01-01","value":3.79967},{"date":"1978-01-01","value":3.64646},{"date":"1979-01-01","value":2.8843},{"date":"1980-01-01","value":2.52682},{"date":"1981-01-01","value":2.81609},{"date":"1982-01-01","value":2.82221},{"date":"1983-01-01","value":2.95012},{"date":"1984-01-01","value":2.6728},{"date":"1985-01-01","value":2.76733},{"date":"1986-01-01","value":2.78146},{"date":"1987-01-01","value":2.70399},{"date":"1988-01-01","value":2.67573},{"date":"1989-01-01","value":2.4778},{"date":"1990-01-01","value":2.22726},{"date":"1991-01-01","value":2.01735},{"date":"1992-01-01","value":1.93267},{"date":"1993-01-01","value":1.76669},{"date":"1994-01-01","value":1.79587},{"date":"1995-01-01","value":1.87816},{"date":"1996-01-01","value":1.83722},{"date":"1997-01-01","value":1.76287},{"date":"1998-01-01","value":1.68932},{"date":"1999-01-01","value":1.72876},{"date":"2000-01-01","value":1.65357},{"date":"2001-01-01","value":1.69879},{"date":"2002-01-01","value":1.74517},{"date":"2003-01-01","value":1.71237},{"date":"2004-01-01","value":1.65347},{"date":"2005-01-01","value":1.61313},{"date":"2006-01-01","value":1.59096},{"date":"2007-01-01","value":1.57858},{"date":"2008-01-01","value":1.59362},{"date":"2009-01-01","value":1.76937},{"date":"2010-01-01","value":1.63264},{"date":"2011-01-01","value":1.55397},{"date":"2012-01-01","value":1.60455},{"date":"2013-01-01","value":1.63337},{"date":"2014-01-01","value":1.65479},{"date":"2015-01-01","value":1.67805},{"date":"2016-01-01","value":1.66374},{"date":"2017-01-01","value":1.62808},{"date":"2018-01-01","value":1.59784},{"date":"2019-01-01","value":1.60336},{"date":"2020-01-01","value":1.6798},{"date":"2021-01-01","value":1.52676},{"date":"2022-01-01","value":1.6212},{"date":"2023-01-01","value":1.7516},{"date":"2024-01-01","value":1.79301}],"summary":{"latest_period":"2024-01-01","latest_value":1.79301,"max":3.86221,"mean":2.15011,"min":1.52676,"of":45,"rank":25,"trend":"falling"}}