Latin America & Caribbean (excluding high income) vs Serbia: Military expenditure
Latin America & Caribbean (excluding high income)
1.1%
in 2024
Serbia
2.6%
in 2024
Latin America & Caribbean (excluding high income) rank
41st
Serbia rank
42nd
Military expenditure over time
- Latin America & Caribbean (excluding high income)
- Serbia
How they compare
Serbia currently reports 2.6% against 1.1% in Latin America & Caribbean (excluding high income), a difference of 1.5%.
That makes Serbia's figure about 2.4 times Latin America & Caribbean (excluding high income)'s.
Across all 29 years both countries report, Serbia has been ahead every year.
Latin America & Caribbean (excluding high income) ranks 41st and Serbia ranks 42nd of 45 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 | 1.3% | 3.3% | 2.0% | Serbia |
| 2000s | 1.2% | 2.8% | 1.7% | Serbia |
| 2010s | 1.2% | 1.9% | 0.7% | Serbia |
| 2020s | 1.1% | 2.4% | 1.3% | Serbia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher military expenditure, Latin America & Caribbean (excluding high income) or Serbia?
- Serbia, at 2.6% against 1.1% in Latin America & Caribbean (excluding high income) as of 2024.
- What is the difference in military expenditure between Latin America & Caribbean (excluding high income) and Serbia?
- 1.5%, 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?
- Latin America & Caribbean (excluding high income) ranks 41st and Serbia ranks 42nd of 45 groups.
- Where does this data come from?
- SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as Military expenditure (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Military expenditure by country as percentage of gross domestic product