{"entity":{"iso2":"NI","iso3":"NIC","name":"Nicaragua","slug":"nicaragua"},"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":"1968-01-01","value":1.45965},{"date":"1969-01-01","value":1.37702},{"date":"1970-01-01","value":1.58426},{"date":"1971-01-01","value":1.50574},{"date":"1972-01-01","value":1.86729},{"date":"1973-01-01","value":1.42057},{"date":"1974-01-01","value":1.45341},{"date":"1975-01-01","value":1.74609},{"date":"1976-01-01","value":2.06736},{"date":"1977-01-01","value":2.46546},{"date":"1978-01-01","value":3.22195},{"date":"1979-01-01","value":3.10479},{"date":"1980-01-01","value":3.34618},{"date":"1981-01-01","value":4.33559},{"date":"1991-01-01","value":4.00222},{"date":"1992-01-01","value":2.63275},{"date":"1993-01-01","value":2.10233},{"date":"1994-01-01","value":1.1895},{"date":"1995-01-01","value":1.10282},{"date":"1996-01-01","value":0.949705},{"date":"1997-01-01","value":0.89467},{"date":"1998-01-01","value":0.735362},{"date":"1999-01-01","value":0.719493},{"date":"2000-01-01","value":0.782752},{"date":"2001-01-01","value":0.683524},{"date":"2002-01-01","value":0.865166},{"date":"2003-01-01","value":0.860737},{"date":"2004-01-01","value":0.730793},{"date":"2005-01-01","value":0.700404},{"date":"2006-01-01","value":0.551256},{"date":"2007-01-01","value":0.531726},{"date":"2008-01-01","value":0.502058},{"date":"2009-01-01","value":0.502751},{"date":"2010-01-01","value":0.505473},{"date":"2011-01-01","value":0.526411},{"date":"2012-01-01","value":0.665904},{"date":"2013-01-01","value":0.678614},{"date":"2014-01-01","value":0.685092},{"date":"2015-01-01","value":0.775537},{"date":"2016-01-01","value":0.639877},{"date":"2017-01-01","value":0.62651},{"date":"2018-01-01","value":0.627172},{"date":"2019-01-01","value":0.60502},{"date":"2020-01-01","value":0.629972},{"date":"2021-01-01","value":0.549759},{"date":"2022-01-01","value":0.537858},{"date":"2023-01-01","value":0.554656},{"date":"2024-01-01","value":0.551576},{"date":"2025-01-01","value":0.564803}],"summary":{"latest_period":"2025-01-01","latest_value":0.564803,"max":4.33559,"mean":1.25958,"min":0.502058,"of":166,"rank":149,"trend":"volatile"}}