Latin America & Caribbean (excluding high income) vs Serbia: Military expenditure (current USD), per unit of GDP
Military expenditure (current USD), per unit of GDP over time
- Latin America & Caribbean (excluding high income)
- Serbia
How they compare
Serbia currently reports 0.0258 current USD per US$ of GDP against 0.0105 current USD per US$ of GDP in Latin America & Caribbean (excluding high income), a difference of 0.0153 current USD per US$ of GDP.
That makes Serbia's figure about 2.4 times Latin America & Caribbean (excluding high income)'s.
The two have swapped places 1 time across 29 shared years of data; in 1996 it was Latin America & Caribbean (excluding high income) ahead.
Latin America & Caribbean (excluding high income) ranks 40th and Serbia ranks 41st of 41 groups.
Serbia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean (excluding high income) | Serbia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.0129 current USD per US$ of GDP | 0.0249 current USD per US$ of GDP | 0.012 current USD per US$ of GDP | Serbia |
| 2000s | 0.0115 current USD per US$ of GDP | 0.0285 current USD per US$ of GDP | 0.017 current USD per US$ of GDP | Serbia |
| 2010s | 0.0119 current USD per US$ of GDP | 0.0191 current USD per US$ of GDP | 0.0072 current USD per US$ of GDP | Serbia |
| 2020s | 0.0105 current USD per US$ of GDP | 0.024 current USD per US$ of GDP | 0.0135 current USD per US$ of GDP | Serbia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher military expenditure (current usd), per unit of gdp, Latin America & Caribbean (excluding high income) or Serbia?
- Serbia, at 0.0258 current USD per US$ of GDP against 0.0105 current USD per US$ of GDP in Latin America & Caribbean (excluding high income) as of 2024.
- What is the difference in military expenditure (current usd), per unit of gdp between Latin America & Caribbean (excluding high income) and Serbia?
- 0.0153 current USD per US$ of GDP, with Serbia ahead.
- How many years of comparable data are there for Latin America & Caribbean (excluding high income) and Serbia?
- 29 years are reported by both, from 1996 to 2024.
- How do Latin America & Caribbean (excluding high income) and Serbia rank globally for military expenditure (current usd), per unit of gdp?
- Latin America & Caribbean (excluding high income) ranks 40th and Serbia ranks 41st of 41 groups.
- Where does this data come from?
- Statizoid (derived), published as Military expenditure (current USD), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Military expenditure (current USD) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.