{"entity":{"iso2":"EU","iso3":"EUU","name":"European Union","slug":"european-union"},"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":4.88378},{"date":"1989-01-01","value":4.74396},{"date":"1990-01-01","value":4.49532},{"date":"1991-01-01","value":4.272},{"date":"1992-01-01","value":3.98084},{"date":"1993-01-01","value":3.77178},{"date":"1994-01-01","value":3.68558},{"date":"1995-01-01","value":3.41623},{"date":"1996-01-01","value":3.48665},{"date":"1997-01-01","value":3.54812},{"date":"1998-01-01","value":3.51286},{"date":"1999-01-01","value":3.51123},{"date":"2000-01-01","value":3.49249},{"date":"2001-01-01","value":3.40766},{"date":"2002-01-01","value":3.34057},{"date":"2003-01-01","value":3.30607},{"date":"2004-01-01","value":3.30157},{"date":"2005-01-01","value":3.24175},{"date":"2006-01-01","value":3.17819},{"date":"2007-01-01","value":3.13718},{"date":"2008-01-01","value":3.09142},{"date":"2009-01-01","value":3.00356},{"date":"2010-01-01","value":2.89633},{"date":"2011-01-01","value":2.83277},{"date":"2012-01-01","value":2.7946},{"date":"2013-01-01","value":2.70073},{"date":"2014-01-01","value":2.67305},{"date":"2015-01-01","value":2.69728},{"date":"2016-01-01","value":2.74523},{"date":"2017-01-01","value":2.79552},{"date":"2018-01-01","value":2.86737},{"date":"2019-01-01","value":2.95896},{"date":"2020-01-01","value":2.90074},{"date":"2021-01-01","value":2.92705},{"date":"2022-01-01","value":3.09312},{"date":"2023-01-01","value":3.36933},{"date":"2024-01-01","value":3.9328}],"summary":{"latest_period":"2024-01-01","latest_value":3.9328,"max":4.88378,"mean":3.35118,"min":2.67305,"of":43,"rank":39,"trend":"falling"}}