{"entity":{"iso2":"NZ","iso3":"NZL","name":"New Zealand","slug":"new-zealand"},"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":"1988-01-01","value":4.58826},{"date":"1989-01-01","value":4.54986},{"date":"1990-01-01","value":4.668},{"date":"1991-01-01","value":4.29915},{"date":"1992-01-01","value":3.99148},{"date":"1993-01-01","value":4.13562},{"date":"1994-01-01","value":4.33243},{"date":"1995-01-01","value":4.42637},{"date":"1996-01-01","value":4.49454},{"date":"1997-01-01","value":4.37006},{"date":"1998-01-01","value":4.26098},{"date":"1999-01-01","value":4.19805},{"date":"2000-01-01","value":4.16749},{"date":"2001-01-01","value":4.02823},{"date":"2002-01-01","value":3.80766},{"date":"2003-01-01","value":3.61875},{"date":"2004-01-01","value":3.25424},{"date":"2005-01-01","value":3.07122},{"date":"2006-01-01","value":3.27795},{"date":"2007-01-01","value":3.18784},{"date":"2008-01-01","value":2.98857},{"date":"2009-01-01","value":3.01564},{"date":"2010-01-01","value":2.81124},{"date":"2011-01-01","value":2.7401},{"date":"2012-01-01","value":2.80612},{"date":"2013-01-01","value":2.70198},{"date":"2014-01-01","value":2.64872},{"date":"2015-01-01","value":2.65409},{"date":"2016-01-01","value":2.84093},{"date":"2017-01-01","value":2.95324},{"date":"2018-01-01","value":3.06172},{"date":"2019-01-01","value":3.33116},{"date":"2020-01-01","value":3.18241},{"date":"2021-01-01","value":2.77896},{"date":"2022-01-01","value":2.76733},{"date":"2023-01-01","value":2.9029},{"date":"2024-01-01","value":2.77578},{"date":"2025-01-01","value":2.65953}],"summary":{"latest_period":"2025-01-01","latest_value":2.65953,"max":4.668,"mean":3.48286,"min":2.64872,"of":162,"rank":134,"trend":"falling"}}