{"entity":{"iso2":"RS","iso3":"SRB","name":"Serbia","slug":"serbia"},"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":16.4319},{"date":"2001-01-01","value":11.9124},{"date":"2002-01-01","value":9.81295},{"date":"2003-01-01","value":8.22888},{"date":"2004-01-01","value":7.28252},{"date":"2005-01-01","value":5.71106},{"date":"2006-01-01","value":5.1245},{"date":"2007-01-01","value":5.33337},{"date":"2008-01-01","value":4.69381},{"date":"2009-01-01","value":5.04306},{"date":"2010-01-01","value":4.86726},{"date":"2011-01-01","value":4.81229},{"date":"2012-01-01","value":4.42588},{"date":"2013-01-01","value":4.55266},{"date":"2014-01-01","value":4.3559},{"date":"2015-01-01","value":4.1392},{"date":"2016-01-01","value":4.60967},{"date":"2017-01-01","value":4.55435},{"date":"2018-01-01","value":5.16792},{"date":"2019-01-01","value":5.42904},{"date":"2020-01-01","value":4.98629},{"date":"2021-01-01","value":6.14714},{"date":"2022-01-01","value":5.25076},{"date":"2023-01-01","value":5.4385},{"date":"2024-01-01","value":6.32366},{"date":"2025-01-01","value":6.43657}],"summary":{"latest_period":"2025-01-01","latest_value":6.43657,"max":16.4319,"mean":6.19506,"min":4.1392,"of":162,"rank":62,"trend":"falling"}}