{"entity":{"iso2":"GQ","iso3":"GNQ","name":"Equatorial Guinea","slug":"equatorial-guinea"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"military-spending-sipri","source":"Stockholm International Peace Research Institute (2026) \u2013 with minor processing by Our World in Data","source_url":"https://ourworldindata.org/grapher/military-spending-sipri","title":"Military spending","unit":"constant 2024 US$"},"observations":[{"date":"1994-01-01","value":8232050.0},{"date":"1995-01-01","value":8946780.0},{"date":"2007-01-01","value":269369000.0},{"date":"2008-01-01","value":352249000.0},{"date":"2009-01-01","value":450732000.0},{"date":"2014-01-01","value":168056000.0},{"date":"2015-01-01","value":162965000.0},{"date":"2016-01-01","value":163433000.0},{"date":"2017-01-01","value":157143000.0},{"date":"2018-01-01","value":161527000.0},{"date":"2019-01-01","value":166775000.0},{"date":"2020-01-01","value":170786000.0},{"date":"2021-01-01","value":165218000.0},{"date":"2022-01-01","value":170729000.0},{"date":"2023-01-01","value":166992000.0},{"date":"2024-01-01","value":114535000.0},{"date":"2025-01-01","value":112500000.0}],"summary":{"latest_period":"2025-01-01","latest_value":112500000.0,"max":450732000.0,"mean":174717000.0,"min":8232050.0,"of":162,"rank":138,"trend":"volatile"}}