{"entity":{"iso2":"ME","iso3":"MNE","name":"Montenegro","slug":"montenegro"},"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":"2006-01-01","value":1.50694},{"date":"2007-01-01","value":1.42588},{"date":"2008-01-01","value":1.48764},{"date":"2009-01-01","value":1.45007},{"date":"2010-01-01","value":1.41719},{"date":"2011-01-01","value":1.33955},{"date":"2012-01-01","value":1.17603},{"date":"2013-01-01","value":1.19433},{"date":"2014-01-01","value":1.30676},{"date":"2015-01-01","value":1.20226},{"date":"2016-01-01","value":1.21898},{"date":"2017-01-01","value":1.26571},{"date":"2018-01-01","value":1.30643},{"date":"2019-01-01","value":1.31242}],"summary":{"latest_period":"2019-01-01","latest_value":1.31242,"max":1.50694,"mean":1.3293,"min":1.17603,"of":172,"rank":89,"trend":"falling"}}