Military expenditure (current LCU) in Serbia
Serbia: Military expenditure (current LCU) was 288.94 billion current LCU in 2025. ◆ Volatile
Military expenditure in Serbia, 1996–2025
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.
Analysis
In 2025, military expenditure in Serbia stood at 288.94 billion current LCU. That is the highest value across all 30 years on record.
The figure is up 11.1% on the previous year and up 279.2% over ten years.
Over the whole period, military expenditure in Serbia peaked at 288.94 billion current LCU in 2025 and was at its lowest, 3.95 billion current LCU, in 1996.
That places Serbia 49th out of 168 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Military expenditure (current LCU) in Serbia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1996 | 3.95 billion current LCU | — |
| 1997 | 5.41 billion current LCU | +36.9% |
| 1998 | 6.44 billion current LCU | +19.1% |
| 1999 | 8.60 billion current LCU | +33.5% |
| 2000 | 21.29 billion current LCU | +147.6% |
| 2001 | 33.06 billion current LCU | +55.3% |
| 2002 | 43.70 billion current LCU | +32.2% |
| 2003 | 42.07 billion current LCU | -3.7% |
| 2004 | 43.15 billion current LCU | +2.6% |
| 2005 | 42.00 billion current LCU | -2.7% |
| 2006 | 47.34 billion current LCU | +12.7% |
| 2007 | 56.79 billion current LCU | +20.0% |
| 2008 | 61.94 billion current LCU | +9.1% |
| 2009 | 65.84 billion current LCU | +6.3% |
| 2010 | 67.81 billion current LCU | +3.0% |
| 2011 | 72.38 billion current LCU | +6.7% |
| 2012 | 76.10 billion current LCU | +5.1% |
| 2013 | 79.39 billion current LCU | +4.3% |
| 2014 | 81.21 billion current LCU | +2.3% |
| 2015 | 76.19 billion current LCU | -6.2% |
| 2016 | 87.28 billion current LCU | +14.6% |
| 2017 | 86.90 billion current LCU | -0.4% |
| 2018 | 106.67 billion current LCU | +22.7% |
| 2019 | 123.72 billion current LCU | +16.0% |
| 2020 | 132.31 billion current LCU | +6.9% |
| 2021 | 179.46 billion current LCU | +35.6% |
| 2022 | 162.06 billion current LCU | -9.7% |
| 2023 | 194.70 billion current LCU | +20.1% |
| 2024 | 260.08 billion current LCU | +33.6% |
| 2025 | 288.94 billion current LCU | +11.1% |
Serbia compared with similar countries
- Serbia's 288.94 billion current LCU is above the median for upper middle income countries, which is 55.44 billion current LCU, 5.2× the median. (48 countries reporting)
- Serbia's 288.94 billion current LCU is above the median for Europe & Central Asia, which is 8.40 billion current LCU, 34.4× the median. (49 countries reporting)
Biggest year-on-year movements
Years where Military expenditure (current LCU) in Serbia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2000 | +147.6% | 8.60 billion current LCU | 21.29 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.10 billion current LCU | 3.95 billion current LCU | 8.60 billion current LCU | 4 |
| 2000s | 45.72 billion current LCU | 21.29 billion current LCU | 65.84 billion current LCU | 10 |
| 2010s | 85.76 billion current LCU | 67.81 billion current LCU | 123.72 billion current LCU | 10 |
| 2020s | 202.93 billion current LCU | 132.31 billion current LCU | 288.94 billion current LCU | 6 |
Countries ranked near Serbia
More public sector data for Serbia
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 146.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 23.23 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0017 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -63.48 % change on previous year (2024)
Frequently asked questions
- What is military expenditure in Serbia?
- Military expenditure in Serbia was 288.94 billion current LCU in 2025, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Serbia?
- The highest recorded value was 288.94 billion current LCU in 2025.
- What is the lowest military expenditure recorded in Serbia?
- The lowest recorded value was 3.95 billion current LCU in 1996.
- How does Serbia rank for military expenditure?
- Serbia ranks 49th out of 168 countries with data for 2025.
- Is military expenditure rising or falling in Serbia?
- Over the last ten years it is up 279.2%. The long-run trend across the full record is volatile.
- Where does this Serbia 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)