{"entity":{"iso2":"AM","iso3":"ARM","name":"Armenia","slug":"armenia"},"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":"2005-01-01","value":14.4528},{"date":"2006-01-01","value":14.7377},{"date":"2007-01-01","value":13.571},{"date":"2008-01-01","value":15.2707},{"date":"2009-01-01","value":14.5588},{"date":"2010-01-01","value":16.2808},{"date":"2011-01-01","value":15.4378},{"date":"2012-01-01","value":15.9884},{"date":"2013-01-01","value":16.7975},{"date":"2014-01-01","value":16.4371},{"date":"2015-01-01","value":16.0999},{"date":"2016-01-01","value":15.1227},{"date":"2017-01-01","value":14.7915},{"date":"2018-01-01","value":17.1307},{"date":"2019-01-01","value":19.226},{"date":"2020-01-01","value":16.2572},{"date":"2021-01-01","value":15.5762},{"date":"2022-01-01","value":15.4735},{"date":"2023-01-01","value":20.4043},{"date":"2024-01-01","value":18.3263}],"summary":{"latest_period":"2024-01-01","latest_value":18.3263,"max":20.4043,"mean":16.097,"min":13.571,"of":161,"rank":13,"trend":"rising"}}