{"entity":{"iso2":"LV","iso3":"LVA","name":"Latvia","slug":"latvia"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"military-expenditure-as-a-share-of-government-spending","source":"Stockholm International Peace Research Institute (2026) \u2013 with minor processing by Our World in Data","source_url":"https://ourworldindata.org/grapher/military-expenditure-as-a-share-of-government-spending","title":"Military spending as a share of government spending","unit":"% of government spending"},"observations":[{"date":"1998-01-01","value":1.58744},{"date":"1999-01-01","value":1.91075},{"date":"2000-01-01","value":2.4345},{"date":"2001-01-01","value":3.0316},{"date":"2002-01-01","value":4.50122},{"date":"2003-01-01","value":4.88564},{"date":"2004-01-01","value":4.76615},{"date":"2005-01-01","value":4.66752},{"date":"2006-01-01","value":5.06388},{"date":"2007-01-01","value":4.70714},{"date":"2008-01-01","value":4.46388},{"date":"2009-01-01","value":3.24851},{"date":"2010-01-01","value":2.53952},{"date":"2011-01-01","value":2.68553},{"date":"2012-01-01","value":2.44562},{"date":"2013-01-01","value":2.51531},{"date":"2014-01-01","value":2.49608},{"date":"2015-01-01","value":2.77427},{"date":"2016-01-01","value":4.01418},{"date":"2017-01-01","value":4.36859},{"date":"2018-01-01","value":5.41783},{"date":"2019-01-01","value":5.36272},{"date":"2020-01-01","value":5.22388},{"date":"2021-01-01","value":4.83535},{"date":"2022-01-01","value":5.17878},{"date":"2023-01-01","value":6.84349},{"date":"2024-01-01","value":7.44449},{"date":"2025-01-01","value":8.1762}],"summary":{"latest_period":"2025-01-01","latest_value":8.1762,"max":8.1762,"mean":4.19965,"min":1.58744,"of":162,"rank":46,"trend":"rising"}}