{"entity":{"iso2":"RS","iso3":"SRB","name":"Serbia","slug":"serbia"},"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":"2000-01-01","value":16.4319},{"date":"2001-01-01","value":11.9124},{"date":"2002-01-01","value":9.81295},{"date":"2003-01-01","value":8.22888},{"date":"2004-01-01","value":7.28252},{"date":"2005-01-01","value":5.71106},{"date":"2006-01-01","value":5.1245},{"date":"2007-01-01","value":5.33337},{"date":"2008-01-01","value":4.69381},{"date":"2009-01-01","value":5.04306},{"date":"2010-01-01","value":4.86726},{"date":"2011-01-01","value":4.81229},{"date":"2012-01-01","value":4.42588},{"date":"2013-01-01","value":4.55266},{"date":"2014-01-01","value":4.3559},{"date":"2015-01-01","value":4.1392},{"date":"2016-01-01","value":4.60967},{"date":"2017-01-01","value":4.55435},{"date":"2018-01-01","value":5.16792},{"date":"2019-01-01","value":5.42904},{"date":"2020-01-01","value":4.98629},{"date":"2021-01-01","value":6.14714},{"date":"2022-01-01","value":5.25076},{"date":"2023-01-01","value":5.4385},{"date":"2024-01-01","value":6.05248}],"summary":{"latest_period":"2024-01-01","latest_value":6.05248,"max":16.4319,"mean":6.17455,"min":4.1392,"of":161,"rank":68,"trend":"falling"}}
