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

Montenegro
31.31 % change on previous year
in 2024
Serbia
29.27 % change on previous year
in 2024
Montenegro rank
23rd
Serbia rank
25th

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

  • Montenegro
  • Serbia
-50-2502550199820112024

How they compare

Montenegro currently reports 31.31 % change on previous year against 29.27 % change on previous year in Serbia, a difference of 2.04 % change on previous year.

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

The two have swapped places 11 times across 19 shared years of data; in 2006 it was Serbia ahead.

Montenegro ranks 23rd and Serbia ranks 25th of 164 countries.

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

Head to head by decade

Decade Montenegro Serbia Difference Ahead
2000s 7.04 % change on previous year 12.97 % change on previous year 5.92 % change on previous year Serbia
2010s 0.0874 % change on previous year 3.08 % change on previous year 2.99 % change on previous year Serbia
2020s 15.49 % change on previous year 16.66 % change on previous year 1.17 % 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, Montenegro or Serbia?
Montenegro, at 31.31 % change on previous year against 29.27 % change on previous year in Serbia as of 2024.
What is the difference in military expenditure (current usd), annual growth rate between Montenegro and Serbia?
2.04 % change on previous year, with Montenegro ahead.
How many years of comparable data are there for Montenegro and Serbia?
19 years are reported by both, from 2006 to 2024.
How do Montenegro and Serbia rank globally for military expenditure (current usd), annual growth rate?
Montenegro ranks 23rd and Serbia ranks 25th 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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Montenegro vs Serbia: Military expenditure (current USD), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 01 September 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd-annual-growth-rate/montenegro/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.