Military expenditure (current USD), annual growth rate in Bosnia and Herzegovina

Bosnia and Herzegovina: Military expenditure (current USD), annual growth rate was 9.45 % change on previous year in 2024. ◆ Volatile

Latest (2024)
9.45 % change on previous year
Change on year
up 35.6%
World rank
77th
of 164 countries
All-time high
25.19 % change on previous year
in 2021
All-time low
-16.07 % change on previous year
in 2003
Years of data
22
2003–2024

Military expenditure (current USD), annual growth rate in Bosnia and Herzegovina, 2003–2024

-20-1001020302003201320242003: -16.1 % change on previous year2004: -1.1 % change on previous year2005: -13.4 % change on previous year2006: 2.9 % change on previous year2007: 9.3 % change on previous year2008: 19.6 % change on previous year2009: 3.9 % change on previous year2010: -9.3 % change on previous year2011: -3.7 % change on previous year2012: -6.9 % change on previous year2013: 0.138 % change on previous year2014: -3.7 % change on previous year2015: -14.8 % change on previous year2016: -2.7 % change on previous year2017: -1 % change on previous year2018: 10.1 % change on previous year2019: -3.9 % change on previous year2020: 1.3 % change on previous year2021: 25.2 % change on previous year2022: -12 % change on previous year2023: 7 % change on previous year2024: 9.4 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for military expenditure (current usd), annual growth rate in Bosnia and Herzegovina is 9.45 % change on previous year, measured in 2024.

The figure is up 35.6% on the previous year and up 358.0% over ten years.

Over the whole period, military expenditure (current usd), annual growth rate in Bosnia and Herzegovina peaked at 25.19 % change on previous year in 2021 and was at its lowest, -16.07 % change on previous year, in 2003.

Bosnia and Herzegovina ranks 77th of 164 countries on this measure, 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 USD), annual growth rate in Bosnia and Herzegovina, year by year

Annual values for Military expenditure (current USD), annual growth rate in Bosnia and Herzegovina, 2003 to 2024.
Year % change on previous year Change
2003 -16.07 % change on previous year
2004 -1.08 % change on previous year -93.3%
2005 -13.39 % change on previous year +1140.8%
2006 2.93 % change on previous year -121.9%
2007 9.35 % change on previous year +219.5%
2008 19.61 % change on previous year +109.7%
2009 3.93 % change on previous year -79.9%
2010 -9.3 % change on previous year -336.4%
2011 -3.65 % change on previous year -60.7%
2012 -6.86 % change on previous year +87.7%
2013 0.1378 % change on previous year -102.0%
2014 -3.66 % change on previous year -2757.0%
2015 -14.79 % change on previous year +304.0%
2016 -2.65 % change on previous year -82.1%
2017 -1.05 % change on previous year -60.5%
2018 10.12 % change on previous year -1066.3%
2019 -3.9 % change on previous year -138.5%
2020 1.3 % change on previous year -133.4%
2021 25.19 % change on previous year +1834.9%
2022 -12.03 % change on previous year -147.8%
2023 6.96 % change on previous year -157.9%
2024 9.45 % change on previous year +35.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.7529 % change on previous year -16.07 % change on previous year 19.61 % change on previous year 7
2010s -3.56 % change on previous year -14.79 % change on previous year 10.12 % change on previous year 10
2020s 6.17 % change on previous year -12.03 % change on previous year 25.19 % change on previous year 5

Countries ranked near Bosnia and Herzegovina

  1. 74 Honduras 11.15 % change on previous year compare
  2. 75 Malaysia 9.87 % change on previous year compare
  3. 76 Portugal 9.57 % change on previous year compare
  4. 78 United States of America 8.87 % change on previous year compare
  5. 79 Tunisia 8.73 % change on previous year compare
  6. 80 France 8.71 % change on previous year compare

See the full ranking of 208 places →

More public sector data for Bosnia and Herzegovina

All data for Bosnia and Herzegovina →

Frequently asked questions

What is military expenditure (current usd), annual growth rate in Bosnia and Herzegovina?
Military expenditure (current usd), annual growth rate in Bosnia and Herzegovina was 9.45 % change on previous year in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), annual growth rate recorded in Bosnia and Herzegovina?
The highest recorded value was 25.19 % change on previous year in 2021.
What is the lowest military expenditure (current usd), annual growth rate recorded in Bosnia and Herzegovina?
The lowest recorded value was -16.07 % change on previous year in 2003.
How does Bosnia and Herzegovina rank for military expenditure (current usd), annual growth rate?
Bosnia and Herzegovina ranks 77th out of 164 countries with data for 2024.
Is military expenditure (current usd), annual growth rate rising or falling in Bosnia and Herzegovina?
Over the last ten years it is up 358.0%. The long-run trend across the full record is volatile.
Where does this Bosnia and Herzegovina data come from?
The figures come from Statizoid (derived), published as part of Military expenditure (current USD), annual growth rate. Statizoid updates them automatically from the source API.

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Military expenditure (current USD), annual growth rate in Bosnia and Herzegovina. Statizoid, drawing on Statizoid (derived). Retrieved 07 September 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-annual-growth-rate/bosnia-and-herzegovina/

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<a href="https://public-sector.statizoid.com/stat/military-expenditure-current-usd-annual-growth-rate/bosnia-and-herzegovina/">Military expenditure (current USD), annual growth rate in Bosnia and Herzegovina</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Military expenditure (current USD), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
208 places, 10,048 data points, 1961–2024
Last refreshed

The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.