{"entity":{"iso2":"AM","iso3":"ARM","name":"Armenia","slug":"armenia"},"indicator":{"licence":"Derived by Statizoid from the sources named on the page","slug":"military-spending-per-unit-of-gdp-2","source":"Statizoid (derived)","source_url":null,"title":"Military spending, per unit of GDP","unit":"constant 2022 US$ per US$ of GDP"},"observations":[{"date":"1991-01-01","value":0.0833357},{"date":"1992-01-01","value":0.134853},{"date":"1993-01-01","value":0.0793431},{"date":"1994-01-01","value":0.0811909},{"date":"1995-01-01","value":0.0815646},{"date":"1996-01-01","value":0.0906667},{"date":"1997-01-01","value":0.100423},{"date":"1998-01-01","value":0.0945056},{"date":"1999-01-01","value":0.113009},{"date":"2000-01-01","value":0.195186},{"date":"2001-01-01","value":0.241908},{"date":"2002-01-01","value":0.261548},{"date":"2003-01-01","value":0.223349},{"date":"2004-01-01","value":0.154733},{"date":"2005-01-01","value":0.0598443},{"date":"2006-01-01","value":0.0439902},{"date":"2007-01-01","value":0.0411597},{"date":"2008-01-01","value":0.0378483},{"date":"2009-01-01","value":0.0516392},{"date":"2010-01-01","value":0.0515747},{"date":"2011-01-01","value":0.0471212},{"date":"2012-01-01","value":0.0455061},{"date":"2013-01-01","value":0.0477308},{"date":"2014-01-01","value":0.0459708},{"date":"2015-01-01","value":0.0497991},{"date":"2016-01-01","value":0.0504322},{"date":"2017-01-01","value":0.0496724},{"date":"2018-01-01","value":0.0516848},{"date":"2019-01-01","value":0.0566761},{"date":"2020-01-01","value":0.0652356},{"date":"2021-01-01","value":0.0639824},{"date":"2022-01-01","value":0.0518364},{"date":"2023-01-01","value":0.0490536}],"summary":{"latest_period":"2023-01-01","latest_value":0.0490536,"max":0.261548,"mean":0.0877689,"min":0.0378483,"of":170,"rank":17,"trend":"volatile"}}