{"entity":{"iso2":"RS","iso3":"SRB","name":"Serbia","slug":"serbia"},"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":"1878-01-01","value":2.27655},{"date":"1879-01-01","value":2.14101},{"date":"1880-01-01","value":2.00711},{"date":"1881-01-01","value":2.09452},{"date":"1882-01-01","value":2.50498},{"date":"1883-01-01","value":2.71188},{"date":"1884-01-01","value":3.15356},{"date":"1885-01-01","value":3.11284},{"date":"1886-01-01","value":3.18901},{"date":"1887-01-01","value":2.97212},{"date":"1888-01-01","value":3.02483},{"date":"1889-01-01","value":2.76364},{"date":"1890-01-01","value":2.79523},{"date":"1891-01-01","value":2.42217},{"date":"1892-01-01","value":2.61343},{"date":"1893-01-01","value":2.53849},{"date":"1894-01-01","value":2.78153},{"date":"1895-01-01","value":2.87996},{"date":"1896-01-01","value":3.08393},{"date":"1897-01-01","value":3.3093},{"date":"1898-01-01","value":3.42744},{"date":"1899-01-01","value":3.70698},{"date":"1900-01-01","value":3.74555},{"date":"1901-01-01","value":3.3937},{"date":"1902-01-01","value":3.48898},{"date":"1903-01-01","value":3.54027},{"date":"1904-01-01","value":3.47529},{"date":"1905-01-01","value":3.55505},{"date":"1906-01-01","value":3.40741},{"date":"1907-01-01","value":3.47005},{"date":"1908-01-01","value":3.43856},{"date":"1909-01-01","value":3.77807},{"date":"1910-01-01","value":3.67675},{"date":"1911-01-01","value":3.72251},{"date":"1912-01-01","value":3.73163},{"date":"1913-01-01","value":3.85685},{"date":"1914-01-01","value":2.21092},{"date":"1915-01-01","value":5.91801},{"date":"2007-01-01","value":2.03409},{"date":"2008-01-01","value":1.92402},{"date":"2009-01-01","value":1.75846},{"date":"2010-01-01","value":1.65982},{"date":"2011-01-01","value":1.62234},{"date":"2012-01-01","value":1.50429},{"date":"2013-01-01","value":1.35284},{"date":"2014-01-01","value":1.26153},{"date":"2015-01-01","value":1.04863},{"date":"2016-01-01","value":1.00763},{"date":"2017-01-01","value":1.13983},{"date":"2018-01-01","value":1.27916},{"date":"2019-01-01","value":1.6418}],"summary":{"latest_period":"2019-01-01","latest_value":1.6418,"max":5.91801,"mean":2.72852,"min":1.00763,"of":172,"rank":67,"trend":"falling"}}