{"entity":{"iso2":"1W","iso3":"WLD","name":"World","slug":"world"},"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":6.0283},{"date":"1961-01-01","value":5.95761},{"date":"1962-01-01","value":6.14384},{"date":"1963-01-01","value":5.86203},{"date":"1964-01-01","value":5.38241},{"date":"1965-01-01","value":5.16127},{"date":"1966-01-01","value":5.48726},{"date":"1967-01-01","value":5.90584},{"date":"1968-01-01","value":5.74523},{"date":"1969-01-01","value":5.3593},{"date":"1970-01-01","value":4.9622},{"date":"1971-01-01","value":4.48447},{"date":"1972-01-01","value":4.21886},{"date":"1973-01-01","value":3.79674},{"date":"1974-01-01","value":3.82883},{"date":"1975-01-01","value":3.84458},{"date":"1976-01-01","value":3.70245},{"date":"1977-01-01","value":3.77144},{"date":"1978-01-01","value":3.58905},{"date":"1979-01-01","value":3.51692},{"date":"1980-01-01","value":3.54472},{"date":"1981-01-01","value":3.81534},{"date":"1982-01-01","value":4.33499},{"date":"1983-01-01","value":4.19482},{"date":"1984-01-01","value":4.18737},{"date":"1985-01-01","value":4.2448},{"date":"1986-01-01","value":3.91569},{"date":"1987-01-01","value":3.79098},{"date":"1988-01-01","value":3.54983},{"date":"1989-01-01","value":3.44649},{"date":"1990-01-01","value":3.32148},{"date":"1991-01-01","value":3.02682},{"date":"1992-01-01","value":2.94493},{"date":"1993-01-01","value":2.77387},{"date":"1994-01-01","value":2.59069},{"date":"1995-01-01","value":2.36339},{"date":"1996-01-01","value":2.28907},{"date":"1997-01-01","value":2.2995},{"date":"1998-01-01","value":2.24502},{"date":"1999-01-01","value":2.19927},{"date":"2000-01-01","value":2.19},{"date":"2001-01-01","value":2.22474},{"date":"2002-01-01","value":2.32666},{"date":"2003-01-01","value":2.38641},{"date":"2004-01-01","value":2.38609},{"date":"2005-01-01","value":2.38918},{"date":"2006-01-01","value":2.34854},{"date":"2007-01-01","value":2.30971},{"date":"2008-01-01","value":2.37115},{"date":"2009-01-01","value":2.60123},{"date":"2010-01-01","value":2.50302},{"date":"2011-01-01","value":2.39545},{"date":"2012-01-01","value":2.35906},{"date":"2013-01-01","value":2.29184},{"date":"2014-01-01","value":2.24233},{"date":"2015-01-01","value":2.24},{"date":"2016-01-01","value":2.19443},{"date":"2017-01-01","value":2.14682},{"date":"2018-01-01","value":2.12008},{"date":"2019-01-01","value":2.16519},{"date":"2020-01-01","value":2.31413},{"date":"2021-01-01","value":2.16773},{"date":"2022-01-01","value":2.21707},{"date":"2023-01-01","value":2.31034},{"date":"2024-01-01","value":2.47358}],"summary":{"latest_period":"2024-01-01","latest_value":2.47358,"max":6.14384,"mean":3.37696,"min":2.12008,"of":43,"rank":13,"trend":"falling"}}