{"entity":{"iso2":"BZ","iso3":"BLZ","name":"Belize","slug":"belize"},"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":"1981-01-01","value":1.0165},{"date":"1982-01-01","value":1.04648},{"date":"1983-01-01","value":1.12512},{"date":"1984-01-01","value":1.21361},{"date":"1985-01-01","value":1.17901},{"date":"1986-01-01","value":1.33864},{"date":"1987-01-01","value":1.96829},{"date":"1988-01-01","value":1.58454},{"date":"1989-01-01","value":1.33998},{"date":"1990-01-01","value":1.19183},{"date":"1991-01-01","value":1.06491},{"date":"1992-01-01","value":1.03384},{"date":"1993-01-01","value":1.06016},{"date":"1994-01-01","value":1.25078},{"date":"1995-01-01","value":1.39118},{"date":"1996-01-01","value":1.42053},{"date":"1997-01-01","value":1.59985},{"date":"1998-01-01","value":1.68121},{"date":"1999-01-01","value":1.55806},{"date":"2000-01-01","value":1.29981},{"date":"2001-01-01","value":1.29887},{"date":"2002-01-01","value":1.18501},{"date":"2003-01-01","value":1.12099},{"date":"2004-01-01","value":1.12678},{"date":"2005-01-01","value":1.02241},{"date":"2006-01-01","value":1.01504},{"date":"2007-01-01","value":1.01149},{"date":"2008-01-01","value":1.01536},{"date":"2009-01-01","value":0.888276},{"date":"2010-01-01","value":0.881777},{"date":"2011-01-01","value":0.837359},{"date":"2012-01-01","value":0.866336},{"date":"2013-01-01","value":0.896319},{"date":"2014-01-01","value":0.937219},{"date":"2015-01-01","value":1.02079},{"date":"2016-01-01","value":1.0359},{"date":"2017-01-01","value":1.1512},{"date":"2018-01-01","value":1.19693},{"date":"2019-01-01","value":1.26162}],"summary":{"latest_period":"2019-01-01","latest_value":1.26162,"max":1.96829,"mean":1.18292,"min":0.837359,"of":172,"rank":90,"trend":"falling"}}