Libya vs Montenegro: Military expenditure (current USD), annual growth rate

Libya
29.54 % change on previous year
in 2023
Montenegro
31.31 % change on previous year
in 2024
Libya rank
24th
Montenegro rank
23rd

Military expenditure (current USD), annual growth rate over time

  • Libya
  • Montenegro
-50050100150196119922024

How they compare

Montenegro currently reports 31.31 % change on previous year against 29.54 % change on previous year in Libya, a difference of 1.77 % change on previous year.

That makes Montenegro's figure about 1.1 times Libya's.

The two have swapped places 3 times across 6 shared years of data; in 2006 it was Montenegro ahead.

Libya ranks 24th and Montenegro ranks 23rd of 164 countries.

Libya has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Libya Montenegro Difference Ahead
2000s 21.69 % change on previous year 12.69 % change on previous year 9 % change on previous year Libya
2010s 13.72 % change on previous year -0.0355 % change on previous year 13.76 % change on previous year Libya
2020s 29.54 % change on previous year 16.58 % change on previous year 12.96 % change on previous year Libya

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure (current usd), annual growth rate, Libya or Montenegro?
Montenegro, at 31.31 % change on previous year against 29.54 % change on previous year in Libya as of 2024.
What is the difference in military expenditure (current usd), annual growth rate between Libya and Montenegro?
1.77 % change on previous year, with Montenegro ahead.
How many years of comparable data are there for Libya and Montenegro?
6 years are reported by both, from 2006 to 2023.
How do Libya and Montenegro rank globally for military expenditure (current usd), annual growth rate?
Libya ranks 24th and Montenegro ranks 23rd of 164 countries.
Where does this data come from?
Statizoid (derived), published as Military expenditure (current USD), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Libya vs Montenegro: Military expenditure (current USD), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 25 August 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd-annual-growth-rate/libya/montenegro/

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About this data

Indicator
Military expenditure (current USD), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
208 places, 10,048 data points, 1961–2024
Last refreshed

The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.