{"entity":{"iso2":"IN","iso3":"IND","name":"India","slug":"india"},"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":12820.8},{"date":"1989-01-01","value":17614.7},{"date":"1990-01-01","value":17350.9},{"date":"1991-01-01","value":16073.2},{"date":"1992-01-01","value":15361.3},{"date":"1993-01-01","value":17350.0},{"date":"1994-01-01","value":17427.4},{"date":"1995-01-01","value":10605.3},{"date":"1996-01-01","value":10440.6},{"date":"1997-01-01","value":11505.7},{"date":"1998-01-01","value":11834.6},{"date":"1999-01-01","value":13765.7},{"date":"2000-01-01","value":13551.8},{"date":"2001-01-01","value":14138.8},{"date":"2002-01-01","value":13888.5},{"date":"2003-01-01","value":14039.8},{"date":"2004-01-01","value":15047.8},{"date":"2005-01-01","value":13754.3},{"date":"2006-01-01","value":16318.6},{"date":"2007-01-01","value":16599.1},{"date":"2008-01-01","value":18783.7},{"date":"2009-01-01","value":21747.8},{"date":"2010-01-01","value":21835.3},{"date":"2011-01-01","value":21856.4},{"date":"2012-01-01","value":21095.6},{"date":"2013-01-01","value":20948.4},{"date":"2014-01-01","value":21969.1},{"date":"2015-01-01","value":21788.7},{"date":"2016-01-01","value":22542.9},{"date":"2017-01-01","value":23733.3},{"date":"2018-01-01","value":24605.6},{"date":"2019-01-01","value":26182.6},{"date":"2020-01-01","value":26144.0}],"summary":{"latest_period":"2020-01-01","latest_value":26144.0,"max":26182.6,"mean":17658.2,"min":10440.6,"of":160,"rank":80,"trend":"rising"}}