{"entity":{"iso2":"1W","iso3":"WLD","name":"World","slug":"world"},"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":"1995-01-01","value":5.14546},{"date":"2001-01-01","value":6.69058},{"date":"2002-01-01","value":6.8088},{"date":"2003-01-01","value":6.86333},{"date":"2004-01-01","value":6.96123},{"date":"2005-01-01","value":7.00916},{"date":"2006-01-01","value":7.0346},{"date":"2007-01-01","value":6.88163},{"date":"2008-01-01","value":6.6463},{"date":"2009-01-01","value":6.60767},{"date":"2010-01-01","value":6.70154},{"date":"2011-01-01","value":6.50169},{"date":"2012-01-01","value":6.52359},{"date":"2013-01-01","value":6.4293},{"date":"2014-01-01","value":6.34539},{"date":"2015-01-01","value":6.46195},{"date":"2016-01-01","value":6.275},{"date":"2017-01-01","value":6.21811},{"date":"2018-01-01","value":6.09633},{"date":"2019-01-01","value":6.11283},{"date":"2020-01-01","value":5.61873},{"date":"2021-01-01","value":5.60465},{"date":"2022-01-01","value":6.15269},{"date":"2023-01-01","value":6.39223},{"date":"2024-01-01","value":6.75292}],"summary":{"latest_period":"2024-01-01","latest_value":6.75292,"max":7.0346,"mean":6.43343,"min":5.14546,"of":43,"rank":21,"trend":"falling"}}