{"entity":{"iso2":"NP","iso3":"NPL","name":"Nepal","slug":"nepal"},"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":2977.22},{"date":"1989-01-01","value":2411.88},{"date":"1990-01-01","value":2512.85},{"date":"1991-01-01","value":2576.77},{"date":"1992-01-01","value":2676.96},{"date":"1993-01-01","value":2790.77},{"date":"1994-01-01","value":2773.85},{"date":"1995-01-01","value":1523.82},{"date":"1996-01-01","value":1345.06},{"date":"1997-01-01","value":1176.46},{"date":"1998-01-01","value":1140.82},{"date":"1999-01-01","value":1233.53},{"date":"2000-01-01","value":1356.33},{"date":"2001-01-01","value":1835.82},{"date":"2002-01-01","value":2309.6},{"date":"2003-01-01","value":2274.69},{"date":"2004-01-01","value":2135.8},{"date":"2005-01-01","value":2361.6},{"date":"2006-01-01","value":2222.34},{"date":"2007-01-01","value":2139.16},{"date":"2008-01-01","value":2255.31},{"date":"2009-01-01","value":2100.62},{"date":"2010-01-01","value":2203.75},{"date":"2011-01-01","value":2278.23},{"date":"2012-01-01","value":2161.29},{"date":"2013-01-01","value":2368.73},{"date":"2014-01-01","value":2677.22},{"date":"2015-01-01","value":2557.27},{"date":"2016-01-01","value":2716.83},{"date":"2017-01-01","value":4426.6},{"date":"2018-01-01","value":4358.77},{"date":"2019-01-01","value":4205.31},{"date":"2020-01-01","value":4319.81}],"summary":{"latest_period":"2020-01-01","latest_value":4319.81,"max":4426.6,"mean":2436.52,"min":1140.82,"of":160,"rank":147,"trend":"rising"}}