{"entity":{"iso2":"LV","iso3":"LVA","name":"Latvia","slug":"latvia"},"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":"1993-01-01","value":17000000.0},{"date":"1994-01-01","value":27000000.0},{"date":"1995-01-01","value":32700000.0},{"date":"1996-01-01","value":29900000.0},{"date":"1997-01-01","value":31400000.0},{"date":"1998-01-01","value":35400000.0},{"date":"1999-01-01","value":47100000.0},{"date":"2000-01-01","value":60400000.0},{"date":"2001-01-01","value":77700000.0},{"date":"2002-01-01","value":129500000.0},{"date":"2003-01-01","value":153800000.0},{"date":"2004-01-01","value":176300000.0},{"date":"2005-01-01","value":219000000.0},{"date":"2006-01-01","value":293300000.0},{"date":"2007-01-01","value":352000000.0},{"date":"2008-01-01","value":398000000.0},{"date":"2009-01-01","value":261700000.0},{"date":"2010-01-01","value":196000000.0},{"date":"2011-01-01","value":211700000.0},{"date":"2012-01-01","value":199000000.0},{"date":"2013-01-01","value":213600000.0},{"date":"2014-01-01","value":222900000.0},{"date":"2015-01-01","value":254900000.0},{"date":"2016-01-01","value":367900000.0},{"date":"2017-01-01","value":430000000.0},{"date":"2018-01-01","value":601000000.0},{"date":"2019-01-01","value":618000000.0},{"date":"2020-01-01","value":651000000.0},{"date":"2021-01-01","value":696000000.0},{"date":"2022-01-01","value":814000000.0},{"date":"2023-01-01","value":1160520000.0},{"date":"2024-01-01","value":1318000000.0}],"summary":{"latest_period":"2024-01-01","latest_value":1318000000.0,"max":1318000000.0,"mean":321772000.0,"min":17000000.0,"of":167,"rank":141,"trend":"volatile"}}