{"entity":{"iso2":"CN","iso3":"CHN","name":"China","slug":"china"},"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":"1989-01-01","value":11251300000.0},{"date":"1990-01-01","value":9926350000.0},{"date":"1991-01-01","value":9802380000.0},{"date":"1992-01-01","value":12244300000.0},{"date":"1993-01-01","value":12360200000.0},{"date":"1994-01-01","value":9867120000.0},{"date":"1995-01-01","value":12385100000.0},{"date":"1996-01-01","value":14275400000.0},{"date":"1997-01-01","value":15699600000.0},{"date":"1998-01-01","value":17031800000.0},{"date":"1999-01-01","value":20473900000.0},{"date":"2000-01-01","value":22237100000.0},{"date":"2001-01-01","value":26561500000.0},{"date":"2002-01-01","value":30284100000.0},{"date":"2003-01-01","value":33144000000.0},{"date":"2004-01-01","value":37904600000.0},{"date":"2005-01-01","value":42790000000.0},{"date":"2006-01-01","value":51453400000.0},{"date":"2007-01-01","value":62136600000.0},{"date":"2008-01-01","value":78840800000.0},{"date":"2009-01-01","value":96601700000.0},{"date":"2010-01-01","value":105523000000.0},{"date":"2011-01-01","value":125286000000.0},{"date":"2012-01-01","value":145128000000.0},{"date":"2013-01-01","value":164070000000.0},{"date":"2014-01-01","value":182109000000.0},{"date":"2015-01-01","value":196539000000.0},{"date":"2016-01-01","value":198538000000.0},{"date":"2017-01-01","value":210443000000.0},{"date":"2018-01-01","value":232531000000.0},{"date":"2019-01-01","value":240333000000.0},{"date":"2020-01-01","value":257973000000.0},{"date":"2021-01-01","value":285931000000.0},{"date":"2022-01-01","value":291958000000.0},{"date":"2023-01-01","value":296821000000.0},{"date":"2024-01-01","value":313658000000.0}],"summary":{"latest_period":"2024-01-01","latest_value":313658000000.0,"max":313658000000.0,"mean":107614000000.0,"min":9802380000.0,"of":167,"rank":2,"trend":"volatile"}}