{"entity":{"iso2":"ME","iso3":"MNE","name":"Montenegro","slug":"montenegro"},"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":"2005-01-01","value":0.0431294},{"date":"2006-01-01","value":0.0353561},{"date":"2007-01-01","value":0.0236163},{"date":"2008-01-01","value":0.0217268},{"date":"2009-01-01","value":0.0218712},{"date":"2010-01-01","value":0.0224387},{"date":"2011-01-01","value":0.0200493},{"date":"2012-01-01","value":0.0196673},{"date":"2013-01-01","value":0.0164181},{"date":"2014-01-01","value":0.0166462},{"date":"2015-01-01","value":0.0188599},{"date":"2016-01-01","value":0.018936},{"date":"2017-01-01","value":0.0176131},{"date":"2018-01-01","value":0.01654},{"date":"2019-01-01","value":0.0168952},{"date":"2020-01-01","value":0.0216045},{"date":"2021-01-01","value":0.0181701},{"date":"2022-01-01","value":0.0181261},{"date":"2023-01-01","value":0.0154765},{"date":"2024-01-01","value":0.0181437},{"date":"2025-01-01","value":0.0176305}],"summary":{"latest_period":"2025-01-01","latest_value":0.0176305,"max":0.0431294,"mean":0.0209007,"min":0.0154765,"of":160,"rank":76,"trend":"falling"}}