{"entity":{"iso2":"GQ","iso3":"GNQ","name":"Equatorial Guinea","slug":"equatorial-guinea"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"military-spending-as-a-share-of-gdp-sipri","source":"Stockholm International Peace Research Institute (2026) \u2013 with minor processing by Our World in Data","source_url":"https://ourworldindata.org/grapher/military-spending-as-a-share-of-gdp-sipri","title":"Military spending as a share of GDP","unit":"% of GDP"},"observations":[{"date":"1994-01-01","value":1.98642},{"date":"1995-01-01","value":2.04562},{"date":"2007-01-01","value":1.50183},{"date":"2008-01-01","value":1.48231},{"date":"2009-01-01","value":2.47493},{"date":"2014-01-01","value":0.766178},{"date":"2015-01-01","value":1.04143},{"date":"2016-01-01","value":1.23949},{"date":"2017-01-01","value":1.12894},{"date":"2018-01-01","value":1.14208},{"date":"2019-01-01","value":1.30805},{"date":"2020-01-01","value":1.64083},{"date":"2021-01-01","value":1.33313},{"date":"2022-01-01","value":1.14533},{"date":"2023-01-01","value":1.31462},{"date":"2024-01-01","value":0.897201},{"date":"2025-01-01","value":0.897636}],"summary":{"latest_period":"2025-01-01","latest_value":0.897636,"max":2.47493,"mean":1.3733,"min":0.766178,"of":166,"rank":130,"trend":"falling"}}