{"entity":{"iso2":"ZJ","iso3":"LCN","name":"Latin America & Caribbean","slug":"latin-america-and-caribbean"},"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":4.84011},{"date":"2002-01-01","value":4.50264},{"date":"2003-01-01","value":4.20926},{"date":"2004-01-01","value":4.32339},{"date":"2005-01-01","value":4.21056},{"date":"2006-01-01","value":3.95396},{"date":"2007-01-01","value":4.07448},{"date":"2008-01-01","value":4.0129},{"date":"2009-01-01","value":4.18267},{"date":"2010-01-01","value":4.19333},{"date":"2011-01-01","value":3.86821},{"date":"2012-01-01","value":3.87029},{"date":"2013-01-01","value":3.82946},{"date":"2014-01-01","value":3.67514},{"date":"2015-01-01","value":3.47893},{"date":"2016-01-01","value":3.49303},{"date":"2017-01-01","value":3.64479},{"date":"2018-01-01","value":3.69017},{"date":"2019-01-01","value":3.69841},{"date":"2020-01-01","value":3.73593},{"date":"2021-01-01","value":3.48119},{"date":"2022-01-01","value":3.16077},{"date":"2023-01-01","value":3.09753},{"date":"2024-01-01","value":3.30086}],"summary":{"latest_period":"2024-01-01","latest_value":3.30086,"max":4.84011,"mean":3.85533,"min":3.09753,"of":43,"rank":41,"trend":"falling"}}