{"entity":{"iso2":"GE","iso3":"GEO","name":"Georgia","slug":"georgia"},"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":"1996-01-01","value":85500000.0},{"date":"1997-01-01","value":57100000.0},{"date":"1998-01-01","value":57100000.0},{"date":"1999-01-01","value":52400000.0},{"date":"2000-01-01","value":37200000.0},{"date":"2001-01-01","value":49400000.0},{"date":"2002-01-01","value":74600000.0},{"date":"2003-01-01","value":91506400.0},{"date":"2004-01-01","value":134970000.0},{"date":"2005-01-01","value":388043000.0},{"date":"2006-01-01","value":719600000.0},{"date":"2007-01-01","value":1556480000.0},{"date":"2008-01-01","value":1625200000.0},{"date":"2009-01-01","value":1008400000.0},{"date":"2010-01-01","value":809500000.0},{"date":"2011-01-01","value":790597000.0},{"date":"2012-01-01","value":812391000.0},{"date":"2013-01-01","value":734999000.0},{"date":"2014-01-01","value":733887000.0},{"date":"2015-01-01","value":679700000.0},{"date":"2016-01-01","value":745977000.0},{"date":"2017-01-01","value":802900000.0},{"date":"2018-01-01","value":846100000.0},{"date":"2019-01-01","value":875000000.0},{"date":"2020-01-01","value":889500000.0},{"date":"2021-01-01","value":966975000.0},{"date":"2022-01-01","value":1171500000.0},{"date":"2023-01-01","value":1331000000.0},{"date":"2024-01-01","value":1673900000.0}],"summary":{"latest_period":"2024-01-01","latest_value":1673900000.0,"max":1673900000.0,"mean":682808000.0,"min":37200000.0,"of":167,"rank":136,"trend":"volatile"}}