{"entity":{"iso2":"AM","iso3":"ARM","name":"Armenia","slug":"armenia"},"indicator":{"licence":"CC BY 4.0 (World Bank Open Data)","slug":"military-expenditure-current-usd","source":"SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)","source_url":"https://data.worldbank.org/indicator/MS.MIL.XPND.CD","title":"Military expenditure (current USD)","unit":"current USD"},"observations":[{"date":"1992-01-01","value":0.0},{"date":"1993-01-01","value":9829760.0},{"date":"1995-01-01","value":52228600.0},{"date":"1996-01-01","value":52410300.0},{"date":"1997-01-01","value":64062100.0},{"date":"1998-01-01","value":66757600.0},{"date":"1999-01-01","value":68234200.0},{"date":"2000-01-01","value":68052100.0},{"date":"2001-01-01","value":66247600.0},{"date":"2002-01-01","value":64106400.0},{"date":"2003-01-01","value":76588000.0},{"date":"2004-01-01","value":98070500.0},{"date":"2005-01-01","value":140738000.0},{"date":"2006-01-01","value":188189000.0},{"date":"2007-01-01","value":280109000.0},{"date":"2008-01-01","value":395994000.0},{"date":"2009-01-01","value":359499000.0},{"date":"2010-01-01","value":395012000.0},{"date":"2011-01-01","value":390871000.0},{"date":"2012-01-01","value":380572000.0},{"date":"2013-01-01","value":444552000.0},{"date":"2014-01-01","value":457807000.0},{"date":"2015-01-01","value":447380000.0},{"date":"2016-01-01","value":431396000.0},{"date":"2017-01-01","value":443610000.0},{"date":"2018-01-01","value":513252000.0},{"date":"2019-01-01","value":652000000.0},{"date":"2020-01-01","value":633960000.0},{"date":"2021-01-01","value":619435000.0},{"date":"2022-01-01","value":795202000.0},{"date":"2023-01-01","value":1326250000.0},{"date":"2024-01-01","value":1418010000.0}],"summary":{"latest_period":"2024-01-01","latest_value":1418010000.0,"max":1418010000.0,"mean":356263000.0,"min":0.0,"of":167,"rank":76,"trend":"volatile"}}