{"entity":{"iso2":"KR","iso3":"KOR","name":"South Korea","slug":"korea-rep"},"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":"1949-01-01","value":0.500595},{"date":"1950-01-01","value":1.30876},{"date":"1951-01-01","value":1.28494},{"date":"1952-01-01","value":1.94497},{"date":"1953-01-01","value":2.4241},{"date":"1954-01-01","value":2.75187},{"date":"1955-01-01","value":2.79876},{"date":"1956-01-01","value":3.16105},{"date":"1957-01-01","value":2.69194},{"date":"1958-01-01","value":2.61017},{"date":"1959-01-01","value":2.7125},{"date":"1960-01-01","value":2.58689},{"date":"1961-01-01","value":2.46088},{"date":"1962-01-01","value":2.59404},{"date":"1963-01-01","value":2.12105},{"date":"1964-01-01","value":1.93133},{"date":"1965-01-01","value":1.51039},{"date":"1966-01-01","value":2.01793},{"date":"1967-01-01","value":2.06794},{"date":"1968-01-01","value":2.29998},{"date":"1969-01-01","value":2.43545},{"date":"1970-01-01","value":2.2079},{"date":"1971-01-01","value":2.39258},{"date":"1972-01-01","value":2.25603},{"date":"1973-01-01","value":2.04021},{"date":"1974-01-01","value":2.15595},{"date":"1975-01-01","value":2.39035},{"date":"1976-01-01","value":2.846},{"date":"1977-01-01","value":3.18674},{"date":"1978-01-01","value":3.50552},{"date":"1979-01-01","value":3.80817},{"date":"1980-01-01","value":3.80837},{"date":"1981-01-01","value":4.21678},{"date":"1982-01-01","value":4.06641},{"date":"1983-01-01","value":3.51733},{"date":"1984-01-01","value":3.33315},{"date":"1985-01-01","value":3.33308},{"date":"1986-01-01","value":3.31178},{"date":"1987-01-01","value":3.13761},{"date":"1988-01-01","value":3.1272},{"date":"1989-01-01","value":3.14256},{"date":"1990-01-01","value":3.07635},{"date":"1991-01-01","value":2.72838},{"date":"1992-01-01","value":2.83584},{"date":"1993-01-01","value":2.73679},{"date":"1994-01-01","value":2.62356},{"date":"1995-01-01","value":2.66425},{"date":"1996-01-01","value":2.55414},{"date":"1997-01-01","value":2.56884},{"date":"1998-01-01","value":2.07416},{"date":"1999-01-01","value":1.91926},{"date":"2000-01-01","value":1.73271},{"date":"2001-01-01","value":1.64232},{"date":"2002-01-01","value":1.63596},{"date":"2003-01-01","value":1.69755},{"date":"2004-01-01","value":1.7637},{"date":"2005-01-01","value":1.87161},{"date":"2006-01-01","value":1.97446},{"date":"2007-01-01","value":2.04467},{"date":"2008-01-01","value":1.89234},{"date":"2009-01-01","value":1.75804},{"date":"2010-01-01","value":1.84841},{"date":"2011-01-01","value":1.8576},{"date":"2012-01-01","value":1.943},{"date":"2013-01-01","value":1.97014},{"date":"2014-01-01","value":2.10258},{"date":"2015-01-01","value":1.98527},{"date":"2016-01-01","value":2.01172},{"date":"2017-01-01","value":2.20679},{"date":"2018-01-01","value":2.27469},{"date":"2019-01-01","value":2.41166}],"summary":{"latest_period":"2019-01-01","latest_value":2.41166,"max":4.21678,"mean":2.42825,"min":0.500595,"of":172,"rank":30,"trend":"falling"}}