{"entity":{"iso2":"PE","iso3":"PER","name":"Peru","slug":"peru"},"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":53170.0},{"date":"1989-01-01","value":21911.1},{"date":"1990-01-01","value":16143.9},{"date":"1991-01-01","value":11887.2},{"date":"1992-01-01","value":15730.1},{"date":"1993-01-01","value":17867.2},{"date":"1994-01-01","value":18516.5},{"date":"1995-01-01","value":13721.6},{"date":"1996-01-01","value":12139.4},{"date":"1997-01-01","value":9775.23},{"date":"1998-01-01","value":9709.9},{"date":"1999-01-01","value":9904.46},{"date":"2000-01-01","value":9050.73},{"date":"2001-01-01","value":9641.36},{"date":"2002-01-01","value":8480.58},{"date":"2003-01-01","value":9200.06},{"date":"2004-01-01","value":10157.0},{"date":"2005-01-01","value":12593.2},{"date":"2006-01-01","value":10436.2},{"date":"2007-01-01","value":10112.1},{"date":"2008-01-01","value":10453.1},{"date":"2009-01-01","value":12789.0},{"date":"2010-01-01","value":13928.9},{"date":"2011-01-01","value":14198.5},{"date":"2012-01-01","value":15925.8},{"date":"2013-01-01","value":18360.2},{"date":"2014-01-01","value":22067.4},{"date":"2015-01-01","value":24642.7},{"date":"2016-01-01","value":19315.7},{"date":"2017-01-01","value":19067.6},{"date":"2018-01-01","value":18783.4},{"date":"2019-01-01","value":19391.8},{"date":"2020-01-01","value":19177.3}],"summary":{"latest_period":"2020-01-01","latest_value":19177.3,"max":53170.0,"mean":15704.5,"min":8480.58,"of":160,"rank":98,"trend":"volatile"}}