Latin America & Caribbean vs Serbia: Military expenditure (current USD), per unit of GDP
Latin America & Caribbean
0.0104 current USD per US$ of GDP
in 2024
Serbia
0.0258 current USD per US$ of GDP
in 2024
Latin America & Caribbean rank
41st
Serbia rank
41st
Military expenditure (current USD), per unit of GDP over time
- Latin America & Caribbean
- Serbia
How they compare
Serbia currently reports 0.0258 current USD per US$ of GDP against 0.0104 current USD per US$ of GDP in Latin America & Caribbean, a difference of 0.0154 current USD per US$ of GDP.
That makes Serbia's figure about 2.5 times Latin America & Caribbean's.
The two have swapped places 1 time across 29 shared years of data; in 1996 it was Latin America & Caribbean ahead.
Latin America & Caribbean ranks 41st 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 | Serbia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.013 current USD per US$ of GDP | 0.0249 current USD per US$ of GDP | 0.0119 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 | 0.0118 current USD per US$ of GDP | 0.0191 current USD per US$ of GDP | 0.0073 current USD per US$ of GDP | Serbia |
| 2020s | 0.0104 current USD per US$ of GDP | 0.024 current USD per US$ of GDP | 0.0136 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 or Serbia?
- Serbia, at 0.0258 current USD per US$ of GDP against 0.0104 current USD per US$ of GDP in Latin America & Caribbean as of 2024.
- What is the difference in military expenditure (current usd), per unit of gdp between Latin America & Caribbean and Serbia?
- 0.0154 current USD per US$ of GDP, with Serbia ahead.
- How many years of comparable data are there for Latin America & Caribbean and Serbia?
- 29 years are reported by both, from 1996 to 2024.
- How do Latin America & Caribbean and Serbia rank globally for military expenditure (current usd), per unit of gdp?
- Latin America & Caribbean ranks 41st 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.