{"entity":{"iso2":"RS","iso3":"SRB","name":"Serbia","slug":"serbia"},"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":"1996-01-01","value":1449470000.0},{"date":"1997-01-01","value":1608780000.0},{"date":"1998-01-01","value":1472640000.0},{"date":"1999-01-01","value":1380280000.0},{"date":"2000-01-01","value":1997020000.0},{"date":"2001-01-01","value":1590100000.0},{"date":"2002-01-01","value":1758810000.0},{"date":"2003-01-01","value":1541190000.0},{"date":"2004-01-01","value":1423890000.0},{"date":"2005-01-01","value":1193330000.0},{"date":"2006-01-01","value":1204060000.0},{"date":"2007-01-01","value":1357630000.0},{"date":"2008-01-01","value":1317300000.0},{"date":"2009-01-01","value":1295100000.0},{"date":"2010-01-01","value":1256530000.0},{"date":"2011-01-01","value":1206820000.0},{"date":"2012-01-01","value":1182290000.0},{"date":"2013-01-01","value":1145170000.0},{"date":"2014-01-01","value":1147520000.0},{"date":"2015-01-01","value":1061850000.0},{"date":"2016-01-01","value":1202870000.0},{"date":"2017-01-01","value":1161390000.0},{"date":"2018-01-01","value":1398140000.0},{"date":"2019-01-01","value":1592110000.0},{"date":"2020-01-01","value":1676280000.0},{"date":"2021-01-01","value":2184460000.0},{"date":"2022-01-01","value":1761510000.0},{"date":"2023-01-01","value":1883380000.0},{"date":"2024-01-01","value":2403560000.0},{"date":"2025-01-01","value":2554010000.0}],"summary":{"latest_period":"2025-01-01","latest_value":2554010000.0,"max":2554010000.0,"mean":1513580000.0,"min":1061850000.0,"of":162,"rank":63,"trend":"rising"}}