{"entity":{"iso2":"BS","iso3":"BHS","name":"Bahamas","slug":"bahamas-the"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"military-spending-as-a-share-of-gdp-gmsd","source":"Barnum et al. - Global Military Spending Dataset (2025) \u2013 with minor processing by Our World in Data","source_url":"https://ourworldindata.org/grapher/military-spending-as-a-share-of-gdp-gmsd","title":"Military spending as a share of GDP","unit":"% of GDP"},"observations":[{"date":"1973-01-01","value":0.407609},{"date":"1974-01-01","value":0.427787},{"date":"1975-01-01","value":0.415959},{"date":"1976-01-01","value":0.402918},{"date":"1977-01-01","value":0.336485},{"date":"1978-01-01","value":0.270238},{"date":"1979-01-01","value":0.211556},{"date":"1980-01-01","value":0.20281},{"date":"1981-01-01","value":0.229866},{"date":"1982-01-01","value":0.259512},{"date":"1983-01-01","value":0.260437},{"date":"1984-01-01","value":0.255183},{"date":"1985-01-01","value":0.247503},{"date":"1986-01-01","value":0.287742},{"date":"1987-01-01","value":0.306723},{"date":"1988-01-01","value":1.29389},{"date":"1989-01-01","value":1.17616},{"date":"1990-01-01","value":0.994887},{"date":"1991-01-01","value":0.855305},{"date":"1992-01-01","value":0.54749},{"date":"1993-01-01","value":0.465562},{"date":"1994-01-01","value":0.374807},{"date":"1995-01-01","value":0.362792},{"date":"1996-01-01","value":0.325791},{"date":"1997-01-01","value":0.324661},{"date":"1998-01-01","value":0.321112},{"date":"1999-01-01","value":0.323346},{"date":"2000-01-01","value":0.31866},{"date":"2001-01-01","value":0.319582},{"date":"2002-01-01","value":0.314877},{"date":"2003-01-01","value":0.312877},{"date":"2004-01-01","value":0.335283},{"date":"2005-01-01","value":0.355075},{"date":"2006-01-01","value":0.376829},{"date":"2007-01-01","value":0.421674},{"date":"2008-01-01","value":0.405056},{"date":"2009-01-01","value":0.423553},{"date":"2010-01-01","value":0.40308},{"date":"2011-01-01","value":0.434328},{"date":"2012-01-01","value":0.460056},{"date":"2013-01-01","value":0.514894},{"date":"2014-01-01","value":0.676095},{"date":"2015-01-01","value":0.862382},{"date":"2016-01-01","value":0.885642},{"date":"2017-01-01","value":0.814376},{"date":"2018-01-01","value":0.733344},{"date":"2019-01-01","value":0.769725}],"summary":{"latest_period":"2019-01-01","latest_value":0.769725,"max":1.29389,"mean":0.468628,"min":0.20281,"of":172,"rank":134,"trend":"volatile"}}