{"entity":{"iso2":"XC","iso3":"EMU","name":"Euro area","slug":"euro-area"},"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":"1988-01-01","value":5.01195},{"date":"1989-01-01","value":4.8613},{"date":"1990-01-01","value":4.53401},{"date":"1991-01-01","value":4.3091},{"date":"1992-01-01","value":4.02407},{"date":"1993-01-01","value":3.80069},{"date":"1994-01-01","value":3.71084},{"date":"1995-01-01","value":3.44157},{"date":"1996-01-01","value":3.54085},{"date":"1997-01-01","value":3.54773},{"date":"1998-01-01","value":3.50059},{"date":"1999-01-01","value":3.49526},{"date":"2000-01-01","value":3.47155},{"date":"2001-01-01","value":3.37527},{"date":"2002-01-01","value":3.32086},{"date":"2003-01-01","value":3.2929},{"date":"2004-01-01","value":3.3011},{"date":"2005-01-01","value":3.2257},{"date":"2006-01-01","value":3.16474},{"date":"2007-01-01","value":3.11548},{"date":"2008-01-01","value":3.10408},{"date":"2009-01-01","value":3.02737},{"date":"2010-01-01","value":2.90267},{"date":"2011-01-01","value":2.84254},{"date":"2012-01-01","value":2.79768},{"date":"2013-01-01","value":2.69766},{"date":"2014-01-01","value":2.65364},{"date":"2015-01-01","value":2.65878},{"date":"2016-01-01","value":2.71802},{"date":"2017-01-01","value":2.75844},{"date":"2018-01-01","value":2.81208},{"date":"2019-01-01","value":2.8994},{"date":"2020-01-01","value":2.83068},{"date":"2021-01-01","value":2.84524},{"date":"2022-01-01","value":2.99465},{"date":"2023-01-01","value":3.16085},{"date":"2024-01-01","value":3.59696}],"summary":{"latest_period":"2024-01-01","latest_value":3.59696,"max":5.01195,"mean":3.33368,"min":2.65364,"of":43,"rank":40,"trend":"falling"}}