{"entity":{"iso2":"VE","iso3":"VEN","name":"Venezuela","slug":"venezuela-rb"},"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":785000.0},{"date":"1961-01-01","value":384000.0},{"date":"1962-01-01","value":683000.0},{"date":"1963-01-01","value":822000.0},{"date":"1964-01-01","value":872000.0},{"date":"1965-01-01","value":1000000.0},{"date":"1966-01-01","value":1050000.0},{"date":"1967-01-01","value":1190000.0},{"date":"1968-01-01","value":1200000.0},{"date":"1969-01-01","value":1160000.0},{"date":"1970-01-01","value":1200000.0},{"date":"1971-01-01","value":1550000.0},{"date":"1972-01-01","value":1740000.0},{"date":"1973-01-01","value":1810000.0},{"date":"1974-01-01","value":2590000.0},{"date":"1975-01-01","value":3060000.0},{"date":"1976-01-01","value":2550000.0},{"date":"1977-01-01","value":3220000.0},{"date":"1978-01-01","value":3560000.0},{"date":"1979-01-01","value":3980000.0},{"date":"1980-01-01","value":4310000.0},{"date":"1981-01-01","value":4340000.0},{"date":"1982-01-01","value":6550000.0},{"date":"1983-01-01","value":8630000.0},{"date":"1984-01-01","value":9300000.0},{"date":"1985-01-01","value":6150000.0},{"date":"1986-01-01","value":8120000.0},{"date":"1987-01-01","value":11100000.0},{"date":"1988-01-01","value":15900000.0},{"date":"1989-01-01","value":41500000.0},{"date":"1990-01-01","value":34600000.0},{"date":"1991-01-01","value":55900000.0},{"date":"1992-01-01","value":67900000.0},{"date":"1993-01-01","value":117000000.0},{"date":"1994-01-01","value":138000000.0},{"date":"1995-01-01","value":212000000.0},{"date":"1996-01-01","value":306000000.0},{"date":"1997-01-01","value":753000000.0},{"date":"1998-01-01","value":794500000.0},{"date":"1999-01-01","value":852900000.0},{"date":"2000-01-01","value":1216000000.0},{"date":"2001-01-01","value":1383200000.0},{"date":"2002-01-01","value":1243800000.0},{"date":"2003-01-01","value":1587500000.0},{"date":"2004-01-01","value":2740000000.0},{"date":"2005-01-01","value":5570000000.0},{"date":"2006-01-01","value":7793800000.0},{"date":"2007-01-01","value":9342800000.0},{"date":"2008-01-01","value":12153000000.0},{"date":"2009-01-01","value":8706900000.0},{"date":"2010-01-01","value":10305500000.0},{"date":"2011-01-01","value":15345100000.0},{"date":"2012-01-01","value":21939100000.0},{"date":"2013-01-01","value":37495500000.0},{"date":"2014-01-01","value":35217500000.0},{"date":"2015-01-01","value":56721000000.0},{"date":"2016-01-01","value":107844000000.0},{"date":"2017-01-01","value":4440000000000.0},{"date":"2018-01-01","value":3489540000000000.0},{"date":"2019-01-01","value":5.39134e+18},{"date":"2020-01-01","value":8.1449e+19},{"date":"2021-01-01","value":4.31282e+20},{"date":"2022-01-01","value":3.08384e+21},{"date":"2023-01-01","value":1.09415e+22},{"date":"2024-01-01","value":2.4358e+22}],"summary":{"latest_period":"2024-01-01","latest_value":2.4358e+22,"max":2.4358e+22,"mean":5.98484e+20,"min":384000.0,"of":167,"rank":1,"trend":"volatile"}}
