{"entity":{"iso2":"AM","iso3":"ARM","name":"Armenia","slug":"armenia"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"military-spending-per-armed-forces-personnel","source":"Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) \u2013 with major processing by Our World in Data","source_url":"https://ourworldindata.org/grapher/military-spending-per-armed-forces-personnel","title":"Military spending per armed forces personnel","unit":"constant 2024 US$"},"observations":[{"date":"1992-01-01","value":10408.9},{"date":"1993-01-01","value":3656.17},{"date":"1995-01-01","value":3110.52},{"date":"1996-01-01","value":2802.15},{"date":"1997-01-01","value":3411.2},{"date":"1998-01-01","value":3773.03},{"date":"1999-01-01","value":4060.42},{"date":"2000-01-01","value":5293.3},{"date":"2001-01-01","value":5056.11},{"date":"2002-01-01","value":4715.63},{"date":"2003-01-01","value":5430.52},{"date":"2004-01-01","value":5576.42},{"date":"2005-01-01","value":6822.39},{"date":"2006-01-01","value":8402.36},{"date":"2007-01-01","value":11021.5},{"date":"2008-01-01","value":12791.7},{"date":"2009-01-01","value":10077.8},{"date":"2010-01-01","value":10536.7},{"date":"2011-01-01","value":9652.5},{"date":"2012-01-01","value":11180.8},{"date":"2013-01-01","value":12587.3},{"date":"2014-01-01","value":12780.7},{"date":"2015-01-01","value":13835.1},{"date":"2016-01-01","value":13602.8},{"date":"2017-01-01","value":13952.2},{"date":"2018-01-01","value":15813.2},{"date":"2019-01-01","value":19619.0},{"date":"2020-01-01","value":19869.8}],"summary":{"latest_period":"2020-01-01","latest_value":19869.8,"max":19869.8,"mean":9280.0,"min":2802.15,"of":160,"rank":95,"trend":"volatile"}}