{"entity":{"iso2":"RS","iso3":"SRB","name":"Serbia","slug":"serbia"},"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":"1996-01-01","value":0.0622694},{"date":"1997-01-01","value":0.0592478},{"date":"1998-01-01","value":0.070112},{"date":"1999-01-01","value":0.0661095},{"date":"2000-01-01","value":0.27258},{"date":"2001-01-01","value":0.116924},{"date":"2002-01-01","value":0.0980899},{"date":"2003-01-01","value":0.065324},{"date":"2004-01-01","value":0.05304},{"date":"2005-01-01","value":0.0421161},{"date":"2006-01-01","value":0.03616},{"date":"2007-01-01","value":0.0302448},{"date":"2008-01-01","value":0.0242952},{"date":"2009-01-01","value":0.0275811},{"date":"2010-01-01","value":0.0288615},{"date":"2011-01-01","value":0.0235472},{"date":"2012-01-01","value":0.0262129},{"date":"2013-01-01","value":0.0226966},{"date":"2014-01-01","value":0.0233643},{"date":"2015-01-01","value":0.0257123},{"date":"2016-01-01","value":0.0284868},{"date":"2017-01-01","value":0.0252625},{"date":"2018-01-01","value":0.0264862},{"date":"2019-01-01","value":0.0295576},{"date":"2020-01-01","value":0.0300011},{"date":"2021-01-01","value":0.0330179},{"date":"2022-01-01","value":0.026366},{"date":"2023-01-01","value":0.0231533},{"date":"2024-01-01","value":0.02668},{"date":"2025-01-01","value":0.025552}],"summary":{"latest_period":"2025-01-01","latest_value":0.025552,"max":0.27258,"mean":0.0483017,"min":0.0226966,"of":160,"rank":42,"trend":"volatile"}}