{"entity":{"iso2":"PG","iso3":"PNG","name":"Papua New Guinea","slug":"papua-new-guinea"},"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":"1975-01-01","value":0.586437},{"date":"1976-01-01","value":0.988654},{"date":"1977-01-01","value":0.943686},{"date":"1978-01-01","value":0.958411},{"date":"1979-01-01","value":0.963118},{"date":"1980-01-01","value":0.956341},{"date":"1981-01-01","value":0.961948},{"date":"1982-01-01","value":0.943278},{"date":"1983-01-01","value":0.881521},{"date":"1984-01-01","value":0.935115},{"date":"1985-01-01","value":0.909319},{"date":"1986-01-01","value":0.943644},{"date":"1987-01-01","value":0.917572},{"date":"1988-01-01","value":0.866853},{"date":"1989-01-01","value":0.945201},{"date":"1990-01-01","value":1.05417},{"date":"1991-01-01","value":0.954187},{"date":"1992-01-01","value":1.05552},{"date":"1993-01-01","value":1.06464},{"date":"1994-01-01","value":1.06848},{"date":"1995-01-01","value":0.971919},{"date":"1996-01-01","value":0.89213},{"date":"1997-01-01","value":0.839653},{"date":"1998-01-01","value":0.685633},{"date":"1999-01-01","value":0.567886},{"date":"2000-01-01","value":0.459315},{"date":"2001-01-01","value":0.371539},{"date":"2002-01-01","value":0.260753},{"date":"2003-01-01","value":0.249596},{"date":"2004-01-01","value":0.277472},{"date":"2005-01-01","value":0.284925},{"date":"2006-01-01","value":0.293415},{"date":"2007-01-01","value":0.29933},{"date":"2008-01-01","value":0.299568},{"date":"2009-01-01","value":0.315522},{"date":"2010-01-01","value":0.314135},{"date":"2011-01-01","value":0.416366},{"date":"2012-01-01","value":0.474409},{"date":"2013-01-01","value":0.450818},{"date":"2014-01-01","value":0.473552},{"date":"2015-01-01","value":0.441267},{"date":"2016-01-01","value":0.375597},{"date":"2017-01-01","value":0.356783},{"date":"2018-01-01","value":0.327422},{"date":"2019-01-01","value":0.367322}],"summary":{"latest_period":"2019-01-01","latest_value":0.367322,"max":1.06848,"mean":0.665876,"min":0.249596,"of":172,"rank":166,"trend":"falling"}}