{"entity":{"iso2":"PG","iso3":"PNG","name":"Papua New Guinea","slug":"papua-new-guinea"},"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":"1975-01-01","value":6060000.0},{"date":"1976-01-01","value":17430000.0},{"date":"1977-01-01","value":17630000.0},{"date":"1978-01-01","value":19440000.0},{"date":"1979-01-01","value":21460000.0},{"date":"1980-01-01","value":26030000.0},{"date":"1981-01-01","value":25740000.0},{"date":"1985-01-01","value":34300000.0},{"date":"1986-01-01","value":36380000.0},{"date":"1987-01-01","value":38480000.0},{"date":"1988-01-01","value":40140000.0},{"date":"1989-01-01","value":45580000.0},{"date":"1990-01-01","value":65600000.0},{"date":"1991-01-01","value":50100000.0},{"date":"1992-01-01","value":56500000.0},{"date":"1993-01-01","value":67100000.0},{"date":"1994-01-01","value":84200000.0},{"date":"1995-01-01","value":72190000.0},{"date":"1996-01-01","value":103870000.0},{"date":"1997-01-01","value":114400000.0},{"date":"1998-01-01","value":103100000.0},{"date":"1999-01-01","value":91720000.0},{"date":"2000-01-01","value":93500000.0},{"date":"2001-01-01","value":85500000.0},{"date":"2002-01-01","value":66300000.0},{"date":"2003-01-01","value":68800000.0},{"date":"2004-01-01","value":78700000.0},{"date":"2005-01-01","value":94500000.0},{"date":"2006-01-01","value":95700000.0},{"date":"2007-01-01","value":116500000.0},{"date":"2008-01-01","value":106200000.0},{"date":"2009-01-01","value":143400000.0},{"date":"2010-01-01","value":126000000.0},{"date":"2011-01-01","value":152200000.0},{"date":"2012-01-01","value":230500000.0},{"date":"2013-01-01","value":235900000.0},{"date":"2014-01-01","value":276600000.0},{"date":"2015-01-01","value":276400000.0},{"date":"2016-01-01","value":247700000.0},{"date":"2017-01-01","value":257400000.0},{"date":"2018-01-01","value":262200000.0},{"date":"2019-01-01","value":304100000.0},{"date":"2020-01-01","value":324500000.0},{"date":"2021-01-01","value":302070000.0},{"date":"2022-01-01","value":468300000.0},{"date":"2023-01-01","value":348500000.0},{"date":"2024-01-01","value":352600000.0}],"summary":{"latest_period":"2024-01-01","latest_value":352600000.0,"max":468300000.0,"mean":133011000.0,"min":6060000.0,"of":167,"rank":155,"trend":"volatile"}}