{"entity":{"iso2":"AU","iso3":"AUS","name":"Australia","slug":"australia"},"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":"1985-01-01","value":208137.0},{"date":"1989-01-01","value":194507.0},{"date":"1990-01-01","value":201215.0},{"date":"1991-01-01","value":204647.0},{"date":"1992-01-01","value":210617.0},{"date":"1993-01-01","value":218599.0},{"date":"1994-01-01","value":231246.0},{"date":"1995-01-01","value":254986.0},{"date":"1996-01-01","value":244582.0},{"date":"1997-01-01","value":250674.0},{"date":"1998-01-01","value":262945.0},{"date":"1999-01-01","value":286605.0},{"date":"2000-01-01","value":311304.0},{"date":"2001-01-01","value":323002.0},{"date":"2002-01-01","value":342186.0},{"date":"2003-01-01","value":331000.0},{"date":"2004-01-01","value":355251.0},{"date":"2005-01-01","value":360721.0},{"date":"2006-01-01","value":394898.0},{"date":"2007-01-01","value":388676.0},{"date":"2008-01-01","value":402848.0},{"date":"2009-01-01","value":421307.0},{"date":"2010-01-01","value":426207.0},{"date":"2011-01-01","value":416634.0},{"date":"2012-01-01","value":408114.0},{"date":"2013-01-01","value":400648.0},{"date":"2014-01-01","value":434834.0},{"date":"2015-01-01","value":470614.0},{"date":"2016-01-01","value":515343.0},{"date":"2017-01-01","value":512648.0},{"date":"2018-01-01","value":499546.0},{"date":"2019-01-01","value":505262.0},{"date":"2020-01-01","value":521125.0}],"summary":{"latest_period":"2020-01-01","latest_value":521125.0,"max":521125.0,"mean":348816.0,"min":194507.0,"of":160,"rank":3,"trend":"rising"}}