Low & middle income vs Serbia: Military expenditure (current USD), annual growth rate

Low & middle income
6.41 % change on previous year
in 2024
Serbia
29.27 % change on previous year
in 2024
Low & middle income rank
25th
Serbia rank
25th

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

  • Low & middle income
  • Serbia
-50-2502550199020072024

How they compare

Serbia currently reports 29.27 % change on previous year against 6.41 % change on previous year in Low & middle income, a difference of 22.86 % change on previous year.

That makes Serbia's figure about 4.6 times Low & middle income's.

The two have swapped places 13 times across 27 shared years of data; in 1998 it was Low & middle income ahead.

Low & middle income ranks 25th and Serbia ranks 25th of 41 groups.

Across the 4 decades both report, Low & middle income averaged higher in 3 and Serbia in 1.

Head to head by decade

Decade Low & middle income Serbia Difference Ahead
1990s 2.2 % change on previous year -7.46 % change on previous year 9.66 % change on previous year Low & middle income
2000s 10.51 % change on previous year 7.55 % change on previous year 2.96 % change on previous year Low & middle income
2010s 5.58 % change on previous year 3.08 % change on previous year 2.5 % change on previous year Low & middle income
2020s 6.8 % change on previous year 16.66 % change on previous year 9.86 % change on previous year Serbia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure (current usd), annual growth rate, Low & middle income or Serbia?
Serbia, at 29.27 % change on previous year against 6.41 % change on previous year in Low & middle income as of 2024.
What is the difference in military expenditure (current usd), annual growth rate between Low & middle income and Serbia?
22.86 % change on previous year, with Serbia ahead.
How many years of comparable data are there for Low & middle income and Serbia?
27 years are reported by both, from 1998 to 2024.
How do Low & middle income and Serbia rank globally for military expenditure (current usd), annual growth rate?
Low & middle income ranks 25th and Serbia ranks 25th of 41 groups.
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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Low & middle income vs Serbia: Military expenditure (current USD), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 05 September 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd-annual-growth-rate/low-and-middle-income/serbia/

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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.