{"entity":{"iso2":"RS","iso3":"SRB","name":"Serbia","slug":"serbia"},"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":"1996-01-01","value":9542.24},{"date":"1997-01-01","value":10570.2},{"date":"1998-01-01","value":9675.7},{"date":"1999-01-01","value":9408.87},{"date":"2000-01-01","value":14716.5},{"date":"2001-01-01","value":8010.56},{"date":"2002-01-01","value":14127.0},{"date":"2003-01-01","value":14113.4},{"date":"2004-01-01","value":12944.5},{"date":"2005-01-01","value":10848.5},{"date":"2006-01-01","value":50169.3},{"date":"2007-01-01","value":56567.7},{"date":"2008-01-01","value":54887.6},{"date":"2009-01-01","value":44466.8},{"date":"2010-01-01","value":43142.5},{"date":"2011-01-01","value":42871.1},{"date":"2012-01-01","value":41999.6},{"date":"2013-01-01","value":40680.8},{"date":"2014-01-01","value":40764.5},{"date":"2015-01-01","value":37721.0},{"date":"2016-01-01","value":37766.6},{"date":"2017-01-01","value":36293.4},{"date":"2018-01-01","value":43488.0},{"date":"2019-01-01","value":49753.3},{"date":"2020-01-01","value":52383.7}],"summary":{"latest_period":"2020-01-01","latest_value":52383.7,"max":56567.7,"mean":31476.5,"min":8010.56,"of":160,"rank":48,"trend":"volatile"}}