{"entity":{"iso2":"KR","iso3":"KOR","name":"South Korea","slug":"korea-rep"},"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":"1995-01-01","value":20.3061},{"date":"1996-01-01","value":18.5136},{"date":"1997-01-01","value":18.164},{"date":"1998-01-01","value":16.4166},{"date":"1999-01-01","value":14.5265},{"date":"2000-01-01","value":14.4178},{"date":"2001-01-01","value":13.4596},{"date":"2002-01-01","value":13.6566},{"date":"2003-01-01","value":12.1734},{"date":"2004-01-01","value":11.7068},{"date":"2005-01-01","value":12.5615},{"date":"2006-01-01","value":12.2835},{"date":"2007-01-01","value":12.0736},{"date":"2008-01-01","value":12.5041},{"date":"2009-01-01","value":12.7945},{"date":"2010-01-01","value":13.2203},{"date":"2011-01-01","value":12.9678},{"date":"2012-01-01","value":12.7084},{"date":"2013-01-01","value":12.5749},{"date":"2014-01-01","value":12.8049},{"date":"2015-01-01","value":12.6404},{"date":"2016-01-01","value":12.6213},{"date":"2017-01-01","value":12.3307},{"date":"2018-01-01","value":12.2497},{"date":"2019-01-01","value":11.8456},{"date":"2020-01-01","value":11.1707},{"date":"2021-01-01","value":10.8688},{"date":"2022-01-01","value":9.65669},{"date":"2023-01-01","value":11.2252},{"date":"2024-01-01","value":11.265},{"date":"2025-01-01","value":10.791}],"summary":{"latest_period":"2025-01-01","latest_value":10.791,"max":20.3061,"mean":13.1129,"min":9.65669,"of":162,"rank":32,"trend":"falling"}}