Military expenditure in Bosnia and Herzegovina
Bosnia and Herzegovina: Military expenditure was 390.50 million current LCU in 2024. ▼ Falling
Latest (2024)
390.50 million current LCU
Change on year
up 9.3%
World rank
153rd
of 167 countries
All-time high
500.89 million current LCU
in 2002
All-time low
271.15 million current LCU
in 2017
Years of data
23
2002–2024
Military expenditure in Bosnia and Herzegovina, 2002–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.
Analysis
Bosnia and Herzegovina recorded 390.50 million current LCU for military expenditure in 2024.
That represents a change of up 9.3% on the previous year and up 39.1% over ten years.
Over the whole period, military expenditure in Bosnia and Herzegovina peaked at 500.89 million current LCU in 2002 and was at its lowest, 271.15 million current LCU, in 2017.
That places Bosnia and Herzegovina 153rd out of 167 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 23 years of available data.
Military expenditure in Bosnia and Herzegovina, year by year
| Year | current LCU | Change |
|---|---|---|
| 2002 | 500.89 million current LCU | — |
| 2003 | 350.54 million current LCU | -30.0% |
| 2004 | 315.19 million current LCU | -10.1% |
| 2005 | 272.56 million current LCU | -13.5% |
| 2006 | 278.10 million current LCU | +2.0% |
| 2007 | 278.73 million current LCU | +0.2% |
| 2008 | 311.49 million current LCU | +11.8% |
| 2009 | 341.37 million current LCU | +9.6% |
| 2010 | 324.76 million current LCU | -4.9% |
| 2011 | 298.10 million current LCU | -8.2% |
| 2012 | 300.40 million current LCU | +0.8% |
| 2013 | 291.10 million current LCU | -3.1% |
| 2014 | 280.65 million current LCU | -3.6% |
| 2015 | 286.07 million current LCU | +1.9% |
| 2016 | 279.28 million current LCU | -2.4% |
| 2017 | 271.15 million current LCU | -2.9% |
| 2018 | 285.13 million current LCU | +5.2% |
| 2019 | 288.90 million current LCU | +1.3% |
| 2020 | 287.30 million current LCU | -0.6% |
| 2021 | 346.88 million current LCU | +20.7% |
| 2022 | 343.06 million current LCU | -1.1% |
| 2023 | 357.24 million current LCU | +4.1% |
| 2024 | 390.50 million current LCU | +9.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 331.11 million current LCU | 272.56 million current LCU | 500.89 million current LCU | 8 |
| 2010s | 290.55 million current LCU | 271.15 million current LCU | 324.76 million current LCU | 10 |
| 2020s | 345.00 million current LCU | 287.30 million current LCU | 390.50 million current LCU | 5 |
Countries ranked near Bosnia and Herzegovina
- 150 Cyprus 553.00 million current LCU compare
- 151 Bahrain 520.37 million current LCU compare
- 152 El Salvador 425.20 million current LCU compare
- 154 Seychelles 369.02 million current LCU compare
- 155 Papua New Guinea 352.60 million current LCU compare
- 156 Somalia 201.85 million current LCU compare
More public sector data for Bosnia and Herzegovina
- Arms imports 12.00 million SIPRI trend indicator values (2021)
- Arms imports (SIPRI trend indicator values), per capita 3.7 SIPRI trend indicator values per person (2021)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0005 SIPRI trend indicator values per US$ of GDP (2021)
- Arms imports (SIPRI trend indicator values), gaps filled 12.00 million SIPRI trend indicator values (2021)
- Military expenditure (current USD), per capita 68.25 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0073 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 9.45 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 215.97 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 234.38 SIPRI trend indicator values per square kilometre (2021)
- Military expenditure (current USD), per square kilometre 3,854 current USD per square kilometre (2023)
Frequently asked questions
- What is military expenditure in Bosnia and Herzegovina?
- Military expenditure in Bosnia and Herzegovina was 390.50 million current LCU in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Bosnia and Herzegovina?
- The highest recorded value was 500.89 million current LCU in 2002.
- What is the lowest military expenditure recorded in Bosnia and Herzegovina?
- The lowest recorded value was 271.15 million current LCU in 2017.
- How does Bosnia and Herzegovina rank for military expenditure?
- Bosnia and Herzegovina ranks 153rd out of 167 countries with data for 2024.
- Is military expenditure rising or falling in Bosnia and Herzegovina?
- Over the last ten years it is up 39.1%. The long-run trend across the full record is falling.
- Where does this Bosnia and Herzegovina data come from?
- The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current LCU). Statizoid updates them automatically from the source API.
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About this data
Military expenditure in local currency at current prices (by calendar year)