What is the difference in military expenditure between Malawi and Serbia?

48.80 billion current LCU, with Serbia ahead.

How many years of comparable data are there for Malawi and Serbia?

29 years are reported by both, from 1996 to 2024.

Where does this data come from?

SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as Military expenditure (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Malawi vs Serbia: Military expenditure

Malawi

202.63 billion current LCU

in 2024

Serbia

251.43 billion current LCU

in 2024

Malawi rank

54th

Serbia rank

51st

Military expenditure over time

Malawi
Serbia

How they compare

Serbia currently reports 251.43 billion current LCU against 202.63 billion current LCU in Malawi, a difference of 48.80 billion current LCU.

That makes Serbia's figure about 1.2 times Malawi's.

Across all 29 years both countries report, Serbia has been ahead every year.

Malawi ranks 54th and Serbia ranks 51st of 167 countries.

Serbia has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade	Malawi	Serbia	Difference	Ahead
1990s	456.88 million current LCU	6.10 billion current LCU	5.64 billion current LCU	Serbia
2000s	3.44 billion current LCU	45.72 billion current LCU	42.28 billion current LCU	Serbia
2010s	25.64 billion current LCU	85.76 billion current LCU	60.12 billion current LCU	Serbia
2020s	125.84 billion current LCU	183.99 billion current LCU	58.16 billion current LCU	Serbia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure, Malawi or Serbia?: Serbia, at 251.43 billion current LCU against 202.63 billion current LCU in Malawi as of 2024.
What is the difference in military expenditure between Malawi and Serbia?: 48.80 billion current LCU, with Serbia ahead.
How many years of comparable data are there for Malawi and Serbia?: 29 years are reported by both, from 1996 to 2024.
How do Malawi and Serbia rank globally for military expenditure?: Malawi ranks 54th and Serbia ranks 51st of 167 countries.
Where does this data come from?: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as Military expenditure (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Malawi vs Serbia: Military expenditure. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 22 August 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-lcu/malawi/serbia/

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About this data

Indicator: Military expenditure (current LCU)
Unit: current LCU
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 167 places, 8,248 data points, 1960–2024
Last refreshed: 20 August 2026

Military expenditure in local currency at current prices (by calendar year)