{"entity":{"iso2":"AU","iso3":"AUS","name":"Australia","slug":"australia"},"indicator":{"licence":"CC BY 4.0 (World Bank Open Data)","slug":"military-expenditure-current-lcu","source":"SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)","source_url":"https://data.worldbank.org/indicator/MS.MIL.XPND.CN","title":"Military expenditure (current LCU)","unit":"current LCU"},"observations":[{"date":"1960-01-01","value":410500000.0},{"date":"1961-01-01","value":420500000.0},{"date":"1962-01-01","value":437000000.0},{"date":"1963-01-01","value":494000000.0},{"date":"1964-01-01","value":585500000.0},{"date":"1965-01-01","value":703000000.0},{"date":"1966-01-01","value":881000000.0},{"date":"1967-01-01","value":1069500000.0},{"date":"1968-01-01","value":1180000000.0},{"date":"1969-01-01","value":1174000000.0},{"date":"1970-01-01","value":1140500000.0},{"date":"1971-01-01","value":1175500000.0},{"date":"1972-01-01","value":1245000000.0},{"date":"1973-01-01","value":1305500000.0},{"date":"1974-01-01","value":1482000000.0},{"date":"1975-01-01","value":1733000000.0},{"date":"1976-01-01","value":1997500000.0},{"date":"1977-01-01","value":2255000000.0},{"date":"1978-01-01","value":2460500000.0},{"date":"1979-01-01","value":2774000000.0},{"date":"1980-01-01","value":3212500000.0},{"date":"1981-01-01","value":3762500000.0},{"date":"1982-01-01","value":4396500000.0},{"date":"1983-01-01","value":5008000000.0},{"date":"1984-01-01","value":5612500000.0},{"date":"1985-01-01","value":6281500000.0},{"date":"1986-01-01","value":6891500000.0},{"date":"1987-01-01","value":7222500000.0},{"date":"1988-01-01","value":7470000000.0},{"date":"1989-01-01","value":7967000000.0},{"date":"1990-01-01","value":8588500000.0},{"date":"1991-01-01","value":9016500000.0},{"date":"1992-01-01","value":9371000000.0},{"date":"1993-01-01","value":9902500000.0},{"date":"1994-01-01","value":10203000000.0},{"date":"1995-01-01","value":10341500000.0},{"date":"1996-01-01","value":10482000000.0},{"date":"1997-01-01","value":10694000000.0},{"date":"1998-01-01","value":11314000000.0},{"date":"1999-01-01","value":12043500000.0},{"date":"2000-01-01","value":12546000000.0},{"date":"2001-01-01","value":13617500000.0},{"date":"2002-01-01","value":14626500000.0},{"date":"2003-01-01","value":15306000000.0},{"date":"2004-01-01","value":16310500000.0},{"date":"2005-01-01","value":17334500000.0},{"date":"2006-01-01","value":18910000000.0},{"date":"2007-01-01","value":20539000000.0},{"date":"2008-01-01","value":22214000000.0},{"date":"2009-01-01","value":24310500000.0},{"date":"2010-01-01","value":25311000000.0},{"date":"2011-01-01","value":25785000000.0},{"date":"2012-01-01","value":25320000000.0},{"date":"2013-01-01","value":25715000000.0},{"date":"2014-01-01","value":28603500000.0},{"date":"2015-01-01","value":32005500000.0},{"date":"2016-01-01","value":35495000000.0},{"date":"2017-01-01","value":36121900000.0},{"date":"2018-01-01","value":35933500000.0},{"date":"2019-01-01","value":37502100000.0},{"date":"2020-01-01","value":39668200000.0},{"date":"2021-01-01","value":43580500000.0},{"date":"2022-01-01","value":46774600000.0},{"date":"2023-01-01","value":48825200000.0},{"date":"2024-01-01","value":51405800000.0}],"summary":{"latest_period":"2024-01-01","latest_value":51405800000.0,"max":51405800000.0,"mean":13822500000.0,"min":410500000.0,"of":167,"rank":84,"trend":"volatile"}}
