{"entity":{"iso2":"NI","iso3":"NIC","name":"Nicaragua","slug":"nicaragua"},"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":"2000-01-01","value":2.93367},{"date":"2001-01-01","value":2.74002},{"date":"2002-01-01","value":3.56046},{"date":"2003-01-01","value":3.17648},{"date":"2004-01-01","value":2.70523},{"date":"2005-01-01","value":2.53823},{"date":"2006-01-01","value":2.58167},{"date":"2007-01-01","value":2.47536},{"date":"2008-01-01","value":2.29479},{"date":"2009-01-01","value":2.21093},{"date":"2010-01-01","value":2.23771},{"date":"2011-01-01","value":2.23674},{"date":"2012-01-01","value":2.76482},{"date":"2013-01-01","value":2.80386},{"date":"2014-01-01","value":2.78637},{"date":"2015-01-01","value":3.04783},{"date":"2016-01-01","value":2.38404},{"date":"2017-01-01","value":2.29432},{"date":"2018-01-01","value":2.26616},{"date":"2019-01-01","value":2.1727},{"date":"2020-01-01","value":2.16025},{"date":"2021-01-01","value":1.80713},{"date":"2022-01-01","value":1.88411},{"date":"2023-01-01","value":2.13341},{"date":"2024-01-01","value":2.03558},{"date":"2025-01-01","value":2.04978}],"summary":{"latest_period":"2025-01-01","latest_value":2.04978,"max":3.56046,"mean":2.47237,"min":1.80713,"of":162,"rank":149,"trend":"falling"}}