{"entity":{"iso2":"XJ","iso3":"LAC","name":"Latin America & Caribbean (excluding high income)","slug":"latin-america-and-caribbean-excluding-high-income"},"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":"2001-01-01","value":4.57274},{"date":"2002-01-01","value":4.22138},{"date":"2003-01-01","value":3.87568},{"date":"2004-01-01","value":3.933},{"date":"2005-01-01","value":3.85819},{"date":"2006-01-01","value":3.55616},{"date":"2007-01-01","value":3.75469},{"date":"2008-01-01","value":3.71127},{"date":"2009-01-01","value":3.97433},{"date":"2010-01-01","value":3.96545},{"date":"2011-01-01","value":3.62077},{"date":"2012-01-01","value":3.64639},{"date":"2013-01-01","value":3.60674},{"date":"2014-01-01","value":3.46983},{"date":"2015-01-01","value":3.26405},{"date":"2016-01-01","value":3.25727},{"date":"2017-01-01","value":3.40982},{"date":"2018-01-01","value":3.43454},{"date":"2019-01-01","value":3.46993},{"date":"2020-01-01","value":3.48275},{"date":"2021-01-01","value":3.33457},{"date":"2022-01-01","value":2.9646},{"date":"2023-01-01","value":2.88159},{"date":"2024-01-01","value":3.10423}],"summary":{"latest_period":"2024-01-01","latest_value":3.10423,"max":4.57274,"mean":3.59875,"min":2.88159,"of":43,"rank":43,"trend":"falling"}}