{"entity":{"iso2":"PE","iso3":"PER","name":"Peru","slug":"peru"},"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":"2000-01-01","value":8.32697},{"date":"2001-01-01","value":8.46367},{"date":"2002-01-01","value":7.91937},{"date":"2003-01-01","value":7.57014},{"date":"2004-01-01","value":7.12965},{"date":"2005-01-01","value":7.9528},{"date":"2006-01-01","value":7.70445},{"date":"2007-01-01","value":7.013},{"date":"2008-01-01","value":6.25047},{"date":"2009-01-01","value":7.08689},{"date":"2010-01-01","value":6.95003},{"date":"2011-01-01","value":6.97264},{"date":"2012-01-01","value":7.29356},{"date":"2013-01-01","value":7.58523},{"date":"2014-01-01","value":7.03584},{"date":"2015-01-01","value":7.74444},{"date":"2016-01-01","value":6.21778},{"date":"2017-01-01","value":5.89642},{"date":"2018-01-01","value":5.49487},{"date":"2019-01-01","value":5.59437},{"date":"2020-01-01","value":4.92388},{"date":"2021-01-01","value":4.95719},{"date":"2022-01-01","value":4.87823},{"date":"2023-01-01","value":5.50285},{"date":"2024-01-01","value":3.87393},{"date":"2025-01-01","value":3.65424}],"summary":{"latest_period":"2025-01-01","latest_value":3.65424,"max":8.46367,"mean":6.53819,"min":3.65424,"of":162,"rank":127,"trend":"falling"}}