{"entity":{"iso2":"NZ","iso3":"NZL","name":"New Zealand","slug":"new-zealand"},"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":"1920-01-01","value":0.234145},{"date":"1921-01-01","value":0.336572},{"date":"1922-01-01","value":0.377959},{"date":"1923-01-01","value":0.357081},{"date":"1924-01-01","value":0.316771},{"date":"1925-01-01","value":0.34805},{"date":"1926-01-01","value":0.361422},{"date":"1927-01-01","value":0.348536},{"date":"1928-01-01","value":0.0200866},{"date":"1929-01-01","value":0.0190315},{"date":"1930-01-01","value":0.0182946},{"date":"1931-01-01","value":0.0204541},{"date":"1932-01-01","value":0.0219262},{"date":"1933-01-01","value":0.0216874},{"date":"1934-01-01","value":0.418397},{"date":"1935-01-01","value":0.417801},{"date":"1936-01-01","value":0.463242},{"date":"1937-01-01","value":0.534598},{"date":"1938-01-01","value":0.617399},{"date":"1939-01-01","value":0.482237},{"date":"1940-01-01","value":0.657473},{"date":"1941-01-01","value":7.89506},{"date":"1942-01-01","value":12.733},{"date":"1943-01-01","value":21.1636},{"date":"1944-01-01","value":24.4345},{"date":"1945-01-01","value":13.6413},{"date":"1946-01-01","value":7.3169},{"date":"1947-01-01","value":1.58535},{"date":"1948-01-01","value":1.33916},{"date":"1949-01-01","value":1.20153},{"date":"1950-01-01","value":1.02867},{"date":"1951-01-01","value":1.18687},{"date":"1952-01-01","value":1.69021},{"date":"1953-01-01","value":1.81966},{"date":"1954-01-01","value":1.76339},{"date":"1955-01-01","value":1.50747},{"date":"1956-01-01","value":1.64855},{"date":"1957-01-01","value":1.55249},{"date":"1958-01-01","value":1.58867},{"date":"1959-01-01","value":1.33741},{"date":"1960-01-01","value":1.30867},{"date":"1961-01-01","value":1.24435},{"date":"1962-01-01","value":1.21324},{"date":"1963-01-01","value":1.20306},{"date":"1964-01-01","value":1.24724},{"date":"1965-01-01","value":1.33828},{"date":"1966-01-01","value":1.34693},{"date":"1967-01-01","value":1.27582},{"date":"1968-01-01","value":1.15113},{"date":"1969-01-01","value":1.07444},{"date":"1970-01-01","value":1.13002},{"date":"1971-01-01","value":1.12184},{"date":"1972-01-01","value":1.08727},{"date":"1973-01-01","value":1.01953},{"date":"1974-01-01","value":1.10901},{"date":"1975-01-01","value":1.05275},{"date":"1976-01-01","value":1.00573},{"date":"1977-01-01","value":0.998034},{"date":"1978-01-01","value":1.11075},{"date":"1979-01-01","value":1.20664},{"date":"1980-01-01","value":1.25523},{"date":"1981-01-01","value":1.22705},{"date":"1982-01-01","value":1.2816},{"date":"1983-01-01","value":1.22448},{"date":"1984-01-01","value":1.1769},{"date":"1985-01-01","value":1.2446},{"date":"1986-01-01","value":1.35732},{"date":"1987-01-01","value":1.39684},{"date":"1988-01-01","value":1.45962},{"date":"1989-01-01","value":1.39834},{"date":"1990-01-01","value":1.24198},{"date":"1991-01-01","value":1.16303},{"date":"1992-01-01","value":1.13448},{"date":"1993-01-01","value":1.14604},{"date":"1994-01-01","value":1.19378},{"date":"1995-01-01","value":1.25349},{"date":"1996-01-01","value":1.14248},{"date":"1997-01-01","value":1.10801},{"date":"1998-01-01","value":1.05564},{"date":"1999-01-01","value":0.97947},{"date":"2000-01-01","value":0.902373},{"date":"2001-01-01","value":0.792751},{"date":"2002-01-01","value":0.771908},{"date":"2003-01-01","value":0.883174},{"date":"2004-01-01","value":0.935647},{"date":"2005-01-01","value":0.952265},{"date":"2006-01-01","value":1.02827},{"date":"2007-01-01","value":0.99332},{"date":"2008-01-01","value":0.992363},{"date":"2009-01-01","value":0.912095},{"date":"2010-01-01","value":1.00628},{"date":"2011-01-01","value":1.13755},{"date":"2012-01-01","value":1.20326},{"date":"2013-01-01","value":1.21248},{"date":"2014-01-01","value":1.302},{"date":"2015-01-01","value":1.1551},{"date":"2016-01-01","value":1.1213},{"date":"2017-01-01","value":1.12297},{"date":"2018-01-01","value":1.15079},{"date":"2019-01-01","value":1.32114}],"summary":{"latest_period":"2019-01-01","latest_value":1.32114,"max":24.4345,"mean":1.81409,"min":0.0182946,"of":172,"rank":88,"trend":"volatile"}}