{"entity":{"iso2":"IN","iso3":"IND","name":"India","slug":"india"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"military-expenditure-as-a-share-of-government-spending","source":"Our World in Data","source_url":"https://ourworldindata.org/grapher/military-expenditure-as-a-share-of-government-spending","title":"Military expenditure as a share of government spending","unit":null},"observations":[{"date":"1988-01-01","value":14.7783},{"date":"1989-01-01","value":13.5662},{"date":"1990-01-01","value":12.4006},{"date":"1991-01-01","value":10.8575},{"date":"1992-01-01","value":10.3123},{"date":"1993-01-01","value":10.9686},{"date":"1994-01-01","value":10.3457},{"date":"1995-01-01","value":10.5033},{"date":"1996-01-01","value":10.3273},{"date":"1997-01-01","value":10.6779},{"date":"1998-01-01","value":10.6595},{"date":"1999-01-01","value":11.6406},{"date":"2000-01-01","value":11.5031},{"date":"2001-01-01","value":10.524},{"date":"2002-01-01","value":9.87956},{"date":"2003-01-01","value":9.10012},{"date":"2004-01-01","value":10.1174},{"date":"2005-01-01","value":10.4231},{"date":"2006-01-01","value":9.47842},{"date":"2007-01-01","value":8.85118},{"date":"2008-01-01","value":8.88878},{"date":"2009-01-01","value":10.3147},{"date":"2010-01-01","value":9.86423},{"date":"2011-01-01","value":9.59277},{"date":"2012-01-01","value":9.27262},{"date":"2013-01-01","value":9.29598},{"date":"2014-01-01","value":9.50479},{"date":"2015-01-01","value":8.83049},{"date":"2016-01-01","value":9.0795},{"date":"2017-01-01","value":9.38976},{"date":"2018-01-01","value":9.1026},{"date":"2019-01-01","value":9.31987},{"date":"2020-01-01","value":8.76108},{"date":"2021-01-01","value":7.99236},{"date":"2022-01-01","value":8.02432},{"date":"2023-01-01","value":8.08752},{"date":"2024-01-01","value":7.63025},{"date":"2025-01-01","value":8.17732}],"summary":{"latest_period":"2025-01-01","latest_value":8.17732,"max":14.7783,"mean":9.94851,"min":7.63025,"of":162,"rank":45,"trend":"falling"}}