{"entity":{"iso2":"LV","iso3":"LVA","name":"Latvia","slug":"latvia"},"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":"1995-01-01","value":0.0234137},{"date":"1996-01-01","value":0.017603},{"date":"1997-01-01","value":0.0155709},{"date":"1998-01-01","value":0.0152729},{"date":"1999-01-01","value":0.0189024},{"date":"2000-01-01","value":0.0222835},{"date":"2001-01-01","value":0.0265032},{"date":"2002-01-01","value":0.0383745},{"date":"2003-01-01","value":0.0364165},{"date":"2004-01-01","value":0.031967},{"date":"2005-01-01","value":0.0315422},{"date":"2006-01-01","value":0.0316418},{"date":"2007-01-01","value":0.0239583},{"date":"2008-01-01","value":0.0202315},{"date":"2009-01-01","value":0.0170718},{"date":"2010-01-01","value":0.0141506},{"date":"2011-01-01","value":0.0129319},{"date":"2012-01-01","value":0.0116506},{"date":"2013-01-01","value":0.0116355},{"date":"2014-01-01","value":0.0116188},{"date":"2015-01-01","value":0.0152437},{"date":"2016-01-01","value":0.0213446},{"date":"2017-01-01","value":0.022362},{"date":"2018-01-01","value":0.0269462},{"date":"2019-01-01","value":0.0270716},{"date":"2020-01-01","value":0.0282158},{"date":"2021-01-01","value":0.0255348},{"date":"2022-01-01","value":0.0255779},{"date":"2023-01-01","value":0.0297343},{"date":"2024-01-01","value":0.0327411},{"date":"2025-01-01","value":0.0329347}],"summary":{"latest_period":"2025-01-01","latest_value":0.0329347,"max":0.0383745,"mean":0.0232402,"min":0.0116188,"of":160,"rank":22,"trend":"rising"}}