{"entity":{"iso2":"BT","iso3":"BTN","name":"Bhutan","slug":"bhutan"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"military-spending-gmsd","source":"Barnum et al. - Global Military Spending Dataset (2025) \u2013 with minor processing by Our World in Data","source_url":"https://ourworldindata.org/grapher/military-spending-gmsd","title":"Military spending","unit":"constant 2022 US$"},"observations":[{"date":"1971-01-01","value":18411100.0},{"date":"1972-01-01","value":17915600.0},{"date":"1973-01-01","value":16506600.0},{"date":"1974-01-01","value":15330100.0},{"date":"1975-01-01","value":15183200.0},{"date":"1976-01-01","value":14746900.0},{"date":"1977-01-01","value":14138600.0},{"date":"1978-01-01","value":13249700.0},{"date":"1979-01-01","value":12963600.0},{"date":"1980-01-01","value":11993500.0},{"date":"1981-01-01","value":11259300.0},{"date":"1982-01-01","value":11488900.0},{"date":"1983-01-01","value":11357700.0},{"date":"1984-01-01","value":11426800.0},{"date":"1985-01-01","value":11283200.0},{"date":"1986-01-01","value":12980800.0},{"date":"1987-01-01","value":13286800.0},{"date":"1988-01-01","value":15017800.0},{"date":"1989-01-01","value":15841000.0},{"date":"1990-01-01","value":15923100.0},{"date":"1991-01-01","value":16971800.0},{"date":"1992-01-01","value":19520300.0},{"date":"1993-01-01","value":20422700.0},{"date":"1994-01-01","value":22230500.0},{"date":"1995-01-01","value":23320300.0},{"date":"1996-01-01","value":24558100.0},{"date":"1997-01-01","value":25574800.0},{"date":"1998-01-01","value":28961500.0},{"date":"1999-01-01","value":29159000.0},{"date":"2000-01-01","value":30136900.0},{"date":"2001-01-01","value":31530700.0},{"date":"2002-01-01","value":29106800.0},{"date":"2003-01-01","value":29202100.0},{"date":"2004-01-01","value":30664000.0},{"date":"2005-01-01","value":27882000.0},{"date":"2006-01-01","value":26597500.0},{"date":"2007-01-01","value":26639000.0},{"date":"2008-01-01","value":27632700.0},{"date":"2009-01-01","value":27325900.0},{"date":"2010-01-01","value":27951700.0},{"date":"2011-01-01","value":29972300.0},{"date":"2012-01-01","value":30202700.0},{"date":"2013-01-01","value":29600800.0},{"date":"2014-01-01","value":31529100.0},{"date":"2015-01-01","value":30886300.0},{"date":"2016-01-01","value":31323200.0}],"summary":{"latest_period":"2016-01-01","latest_value":31323200.0,"max":31530700.0,"mean":21504500.0,"min":11259300.0,"of":172,"rank":162,"trend":"rising"}}