Military expenditure (current USD), annual growth rate in Montenegro
Montenegro: Military expenditure (current USD), annual growth rate was 31.31 % change on previous year in 2024. ◆ Volatile
Military expenditure (current USD), annual growth rate in Montenegro, 2006–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for military expenditure (current usd), annual growth rate in Montenegro is 31.31 % change on previous year, measured in 2024.
That represents a change of up 88.8% on the previous year and up 649.6% over ten years.
Over the whole period, military expenditure (current usd), annual growth rate in Montenegro peaked at 32.58 % change on previous year in 2008 and was at its lowest, -15.77 % change on previous year, in 2015.
Montenegro ranks 23rd of 164 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Military expenditure (current USD), annual growth rate in Montenegro, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2006 | 2.53 % change on previous year | — |
| 2007 | 2.96 % change on previous year | +17.0% |
| 2008 | 32.58 % change on previous year | +1002.5% |
| 2009 | -9.9 % change on previous year | -130.4% |
| 2010 | -2.07 % change on previous year | -79.1% |
| 2011 | 5.7 % change on previous year | -375.3% |
| 2012 | -14.7 % change on previous year | -357.7% |
| 2013 | -4.25 % change on previous year | -71.1% |
| 2014 | 4.18 % change on previous year | -198.3% |
| 2015 | -15.77 % change on previous year | -477.6% |
| 2016 | 8.48 % change on previous year | -153.8% |
| 2017 | 6.51 % change on previous year | -23.2% |
| 2018 | 14.65 % change on previous year | +124.9% |
| 2019 | -1.86 % change on previous year | -112.7% |
| 2020 | 12.11 % change on previous year | -750.4% |
| 2021 | 9.91 % change on previous year | -18.2% |
| 2022 | 7.54 % change on previous year | -23.9% |
| 2023 | 16.58 % change on previous year | +119.8% |
| 2024 | 31.31 % change on previous year | +88.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.04 % change on previous year | -9.9 % change on previous year | 32.58 % change on previous year | 4 |
| 2010s | 0.0874 % change on previous year | -15.77 % change on previous year | 14.65 % change on previous year | 10 |
| 2020s | 15.49 % change on previous year | 7.54 % change on previous year | 31.31 % change on previous year | 5 |
Countries ranked near Montenegro
- 20 Luxembourg 31.57 % change on previous year compare
- 21 Germany 31.47 % change on previous year compare
- 22 Niger 31.32 % change on previous year compare
- 24 Libya 29.54 % change on previous year compare
- 25 Serbia 29.27 % change on previous year compare
- 26 Czechia 29.05 % change on previous year compare
More public sector data for Montenegro
- Arms imports 5.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 8.02 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0006 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 5.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 240.62 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0181 current USD per US$ of GDP (2024)
- Military expenditure (current USD), gaps filled 150.03 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 148.7 SIPRI trend indicator values per square kilometre (2022)
- Military expenditure (current USD), per square kilometre 8,495 current USD per square kilometre (2023)
- Capital stock, General government, Current prices, Domestic currency 3.14 (2019)
Frequently asked questions
- What is military expenditure (current usd), annual growth rate in Montenegro?
- Military expenditure (current usd), annual growth rate in Montenegro was 31.31 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), annual growth rate recorded in Montenegro?
- The highest recorded value was 32.58 % change on previous year in 2008.
- What is the lowest military expenditure (current usd), annual growth rate recorded in Montenegro?
- The lowest recorded value was -15.77 % change on previous year in 2015.
- How does Montenegro rank for military expenditure (current usd), annual growth rate?
- Montenegro ranks 23rd out of 164 countries with data for 2024.
- Is military expenditure (current usd), annual growth rate rising or falling in Montenegro?
- Over the last ten years it is up 649.6%. The long-run trend across the full record is volatile.
- Where does this Montenegro 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.
Download this data
CSV · JSON — 19 observations, free to reuse under Derived by Statizoid from the sources named on the page.
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
- Military expenditure SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
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
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.