{"entity":{"iso2":"XO","iso3":"LMY","name":"Low & middle income","slug":"low-and-middle-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":"1999-01-01","value":9.86257},{"date":"2000-01-01","value":9.23017},{"date":"2001-01-01","value":8.59287},{"date":"2002-01-01","value":8.3969},{"date":"2003-01-01","value":8.29038},{"date":"2004-01-01","value":8.32611},{"date":"2005-01-01","value":7.88713},{"date":"2006-01-01","value":7.70066},{"date":"2007-01-01","value":7.48764},{"date":"2008-01-01","value":6.59757},{"date":"2009-01-01","value":6.89819},{"date":"2010-01-01","value":6.54289},{"date":"2011-01-01","value":6.05237},{"date":"2012-01-01","value":6.13523},{"date":"2013-01-01","value":6.05659},{"date":"2014-01-01","value":6.07152},{"date":"2015-01-01","value":5.94084},{"date":"2016-01-01","value":5.92658},{"date":"2017-01-01","value":5.84866},{"date":"2018-01-01","value":5.63883},{"date":"2019-01-01","value":5.54487},{"date":"2020-01-01","value":5.46079},{"date":"2021-01-01","value":5.39708},{"date":"2022-01-01","value":5.61528},{"date":"2023-01-01","value":5.9317},{"date":"2024-01-01","value":6.00224}],"summary":{"latest_period":"2024-01-01","latest_value":6.00224,"max":9.86257,"mean":6.82445,"min":5.39708,"of":43,"rank":27,"trend":"falling"}}