Military expenditure (current LCU) in Montenegro

Montenegro: Military expenditure (current LCU) was 156.50 million current LCU in 2025. ▲ Rising

Latest (2025)
156.50 million current LCU
Change on year
up 12.8%
World rank
159th
of 168 countries
All-time high
156.50 million current LCU
in 2025
All-time low
46.90 million current LCU
in 2007
Years of data
21
2005–2025

Military expenditure in Montenegro, 2005–2025

50.0M75.0M100.0M125.0M150.0M2005201520252005: 48.9M current LCU2006: 49.7M current LCU2007: 46.9M current LCU2008: 58.1M current LCU2009: 55.2M current LCU2010: 56.7M current LCU2011: 57.1M current LCU2012: 52.7M current LCU2013: 48.8M current LCU2014: 50.9M current LCU2015: 51.3M current LCU2016: 55.8M current LCU2017: 58.6M current LCU2018: 63.9M current LCU2019: 66.1M current LCU2020: 72.7M current LCU2021: 77.1M current LCU2022: 93.2M current LCU2023: 105.8M current LCU2024: 138.7M current LCU2025: 156.5M current LCU

Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.

Analysis

The most recent figure for military expenditure in Montenegro is 156.50 million current LCU, measured in 2025. That is the highest value across all 21 years on record.

The figure is up 12.8% on the previous year and up 205.1% over ten years.

Over the whole period, military expenditure in Montenegro peaked at 156.50 million current LCU in 2025 and was at its lowest, 46.90 million current LCU, in 2007.

Montenegro ranks 159th of 168 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 21 years of available data.

Military expenditure (current LCU) in Montenegro, year by year

Annual values for Military expenditure (current LCU) in Montenegro, 2005 to 2025.
Year current LCU Change
2005 48.90 million current LCU —
2006 49.70 million current LCU +1.6%
2007 46.90 million current LCU -5.6%
2008 58.10 million current LCU +23.9%
2009 55.20 million current LCU -5.0%
2010 56.70 million current LCU +2.7%
2011 57.10 million current LCU +0.7%
2012 52.70 million current LCU -7.7%
2013 48.83 million current LCU -7.3%
2014 50.91 million current LCU +4.3%
2015 51.30 million current LCU +0.8%
2016 55.80 million current LCU +8.8%
2017 58.59 million current LCU +5.0%
2018 63.85 million current LCU +9.0%
2019 66.06 million current LCU +3.5%
2020 72.75 million current LCU +10.1%
2021 77.07 million current LCU +5.9%
2022 93.19 million current LCU +20.9%
2023 105.76 million current LCU +13.5%
2024 138.70 million current LCU +31.1%
2025 156.50 million current LCU +12.8%

Montenegro compared with similar countries

  • Montenegro's 156.50 million current LCU is below the median for upper middle income countries, which is 55.44 billion current LCU, 0% of the median. (48 countries reporting)
  • Montenegro's 156.50 million current LCU is below the median for Europe & Central Asia, which is 8.40 billion current LCU, 2% of the median. (49 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 51.76 million current LCU 46.90 million current LCU 58.10 million current LCU 5
2010s 56.18 million current LCU 48.83 million current LCU 66.06 million current LCU 10
2020s 107.33 million current LCU 72.75 million current LCU 156.50 million current LCU 6

Countries ranked near Montenegro

  1. 156 Kosovo (UNSCR 1244) 207.88 million current LCU compare
  2. 157 Somalia 199.47 million current LCU compare
  3. 158 Fiji 184.81 million current LCU compare
  4. 160 Kosovo 153.05 million current LCU compare
  5. 161 Turkmenistan 116.40 million current LCU
  6. 162 Malta 110.50 million current LCU compare

See the full ranking of 168 places →

More public sector data for Montenegro

All data for Montenegro →

Frequently asked questions

What is military expenditure in Montenegro?
Military expenditure in Montenegro was 156.50 million current LCU in 2025, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
What is the highest military expenditure recorded in Montenegro?
The highest recorded value was 156.50 million current LCU in 2025.
What is the lowest military expenditure recorded in Montenegro?
The lowest recorded value was 46.90 million current LCU in 2007.
How does Montenegro rank for military expenditure?
Montenegro ranks 159th out of 168 countries with data for 2025.
Is military expenditure rising or falling in Montenegro?
Over the last ten years it is up 205.1%. The long-run trend across the full record is rising.
Where does this Montenegro 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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Military expenditure in Montenegro. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 07 November 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-lcu/montenegro/

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About this data

Indicator
Military expenditure (current LCU)
Unit
current LCU
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
168 places, 8,396 data points, 1960–2025
Last refreshed

Military expenditure in local currency at current prices (by calendar year)