{"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","source":"Statizoid (derived)","source_url":null,"title":"Military spending, per unit of GDP","unit":"constant 2024 US$ per US$ of GDP"},"observations":[{"date":"1992-01-01","value":0.163553},{"date":"1993-01-01","value":0.0639131},{"date":"1995-01-01","value":0.129224},{"date":"1996-01-01","value":0.102473},{"date":"1997-01-01","value":0.126919},{"date":"1998-01-01","value":0.108386},{"date":"1999-01-01","value":0.119691},{"date":"2000-01-01","value":0.117133},{"date":"2001-01-01","value":0.102627},{"date":"2002-01-01","value":0.0904892},{"date":"2003-01-01","value":0.0882176},{"date":"2004-01-01","value":0.0763973},{"date":"2005-01-01","value":0.0682173},{"date":"2006-01-01","value":0.0618551},{"date":"2007-01-01","value":0.0502812},{"date":"2008-01-01","value":0.0460685},{"date":"2009-01-01","value":0.0647578},{"date":"2010-01-01","value":0.0631817},{"date":"2011-01-01","value":0.0528627},{"date":"2012-01-01","value":0.0516961},{"date":"2013-01-01","value":0.0555712},{"date":"2014-01-01","value":0.0540534},{"date":"2015-01-01","value":0.0643687},{"date":"2016-01-01","value":0.063331},{"date":"2017-01-01","value":0.0593065},{"date":"2018-01-01","value":0.0619433},{"date":"2019-01-01","value":0.0705861},{"date":"2020-01-01","value":0.0738731},{"date":"2021-01-01","value":0.0636287},{"date":"2022-01-01","value":0.0463015},{"date":"2023-01-01","value":0.0549475},{"date":"2024-01-01","value":0.0546424},{"date":"2025-01-01","value":0.0562795}],"summary":{"latest_period":"2025-01-01","latest_value":0.0562795,"max":0.163553,"mean":0.076569,"min":0.0460685,"of":160,"rank":13,"trend":"falling"}}