{"entity":{"iso2":"1A","iso3":"ARB","name":"Arab World","slug":"arab-world"},"indicator":{"licence":"CC BY 4.0 (World Bank Open Data)","slug":"military-expenditure-percent-of-general-government-expenditure","source":"SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)","source_url":"https://data.worldbank.org/indicator/MS.MIL.XPND.ZS","title":"Military expenditure (% of general government expenditure)","unit":"% of general government expenditure"},"observations":[{"date":"1991-01-01","value":30.5885},{"date":"1992-01-01","value":25.3783},{"date":"1993-01-01","value":24.7825},{"date":"1994-01-01","value":24.7221},{"date":"1997-01-01","value":22.7319},{"date":"1999-01-01","value":23.5667},{"date":"2000-01-01","value":22.3866},{"date":"2001-01-01","value":21.6597},{"date":"2002-01-01","value":19.7489},{"date":"2003-01-01","value":19.2725},{"date":"2004-01-01","value":18.2446},{"date":"2005-01-01","value":18.2383},{"date":"2006-01-01","value":18.235},{"date":"2007-01-01","value":17.4341},{"date":"2008-01-01","value":15.744},{"date":"2009-01-01","value":15.6509},{"date":"2010-01-01","value":15.6335},{"date":"2011-01-01","value":14.8867},{"date":"2012-01-01","value":15.1803},{"date":"2013-01-01","value":16.8747},{"date":"2014-01-01","value":17.6636},{"date":"2015-01-01","value":22.1411},{"date":"2016-01-01","value":19.2057},{"date":"2017-01-01","value":21.1351},{"date":"2018-01-01","value":18.8848},{"date":"2019-01-01","value":17.0925},{"date":"2020-01-01","value":16.6654},{"date":"2021-01-01","value":17.2006},{"date":"2022-01-01","value":16.7604},{"date":"2023-01-01","value":16.7842},{"date":"2024-01-01","value":16.9336}],"summary":{"latest_period":"2024-01-01","latest_value":16.9336,"max":30.5885,"mean":19.4009,"min":14.8867,"of":43,"rank":2,"trend":"falling"}}