{"entity":{"iso2":"KR","iso3":"KOR","name":"South Korea","slug":"korea-rep"},"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":"1960-01-01","value":0.194167},{"date":"1961-01-01","value":0.331377},{"date":"1962-01-01","value":0.330108},{"date":"1963-01-01","value":0.192487},{"date":"1964-01-01","value":0.209834},{"date":"1965-01-01","value":0.244017},{"date":"1966-01-01","value":0.349808},{"date":"1967-01-01","value":0.314379},{"date":"1968-01-01","value":0.294},{"date":"1969-01-01","value":0.269936},{"date":"1970-01-01","value":0.237869},{"date":"1971-01-01","value":0.253861},{"date":"1972-01-01","value":0.270335},{"date":"1973-01-01","value":0.212456},{"date":"1974-01-01","value":0.192477},{"date":"1975-01-01","value":0.199416},{"date":"1976-01-01","value":0.208823},{"date":"1977-01-01","value":0.192977},{"date":"1978-01-01","value":0.177752},{"date":"1979-01-01","value":0.12953},{"date":"1980-01-01","value":0.145175},{"date":"1981-01-01","value":0.134747},{"date":"1982-01-01","value":0.130568},{"date":"1983-01-01","value":0.121201},{"date":"1984-01-01","value":0.111651},{"date":"1985-01-01","value":0.116034},{"date":"1986-01-01","value":0.107906},{"date":"1987-01-01","value":0.0873483},{"date":"1988-01-01","value":0.0687514},{"date":"1989-01-01","value":0.0590943},{"date":"1990-01-01","value":0.0533232},{"date":"1991-01-01","value":0.0469377},{"date":"1992-01-01","value":0.0462844},{"date":"1993-01-01","value":0.043789},{"date":"1994-01-01","value":0.0381469},{"date":"1995-01-01","value":0.0340832},{"date":"1996-01-01","value":0.0321033},{"date":"1997-01-01","value":0.0352378},{"date":"1998-01-01","value":0.0504338},{"date":"1999-01-01","value":0.0378123},{"date":"2000-01-01","value":0.0346443},{"date":"2001-01-01","value":0.0375138},{"date":"2002-01-01","value":0.0336582},{"date":"2003-01-01","value":0.0310523},{"date":"2004-01-01","value":0.0286861},{"date":"2005-01-01","value":0.0262841},{"date":"2006-01-01","value":0.024162},{"date":"2007-01-01","value":0.0226554},{"date":"2008-01-01","value":0.0269972},{"date":"2009-01-01","value":0.031862},{"date":"2010-01-01","value":0.0264771},{"date":"2011-01-01","value":0.0244935},{"date":"2012-01-01","value":0.0245859},{"date":"2013-01-01","value":0.0235769},{"date":"2014-01-01","value":0.02259},{"date":"2015-01-01","value":0.0237274},{"date":"2016-01-01","value":0.0237067},{"date":"2017-01-01","value":0.0222928},{"date":"2018-01-01","value":0.021959},{"date":"2019-01-01","value":0.0247199},{"date":"2020-01-01","value":0.0261247},{"date":"2021-01-01","value":0.0244801},{"date":"2022-01-01","value":0.0258704},{"date":"2023-01-01","value":0.0253909},{"date":"2024-01-01","value":0.0253838},{"date":"2025-01-01","value":0.0260889}],"summary":{"latest_period":"2025-01-01","latest_value":0.0260889,"max":0.349808,"mean":0.105988,"min":0.021959,"of":160,"rank":40,"trend":"volatile"}}