Military expenditure (current USD), annual growth rate in Serbia
Serbia: Military expenditure (current USD), annual growth rate was 29.27 % change on previous year in 2024. ◆ Volatile
Military expenditure (current USD), annual growth rate in Serbia, 1998–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Serbia recorded 29.27 % change on previous year for military expenditure (current usd), annual growth rate in 2024.
Compared with earlier readings it is up 22.9% on the previous year and up 2,099.4% over ten years.
Over the whole period, military expenditure (current usd), annual growth rate in Serbia peaked at 46.57 % change on previous year in 2001 and was at its lowest, -54.29 % change on previous year, in 2000.
Serbia ranks 25th 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 Serbia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1998 | -29.77 % change on previous year | — |
| 1999 | 14.85 % change on previous year | -149.9% |
| 2000 | -54.29 % change on previous year | -465.6% |
| 2001 | 46.57 % change on previous year | -185.8% |
| 2002 | 37.33 % change on previous year | -19.8% |
| 2003 | 7.67 % change on previous year | -79.4% |
| 2004 | 1.18 % change on previous year | -84.6% |
| 2005 | -14.84 % change on previous year | -1359.7% |
| 2006 | 12 % change on previous year | -180.9% |
| 2007 | 37.8 % change on previous year | +214.9% |
| 2008 | 14.42 % change on previous year | -61.9% |
| 2009 | -12.36 % change on previous year | -185.7% |
| 2010 | -10.46 % change on previous year | -15.3% |
| 2011 | 13.14 % change on previous year | -225.6% |
| 2012 | -12.35 % change on previous year | -194.0% |
| 2013 | 7.76 % change on previous year | -162.8% |
| 2014 | -1.46 % change on previous year | -118.9% |
| 2015 | -23.77 % change on previous year | +1523.9% |
| 2016 | 12.05 % change on previous year | -150.7% |
| 2017 | 1.51 % change on previous year | -87.4% |
| 2018 | 33.69 % change on previous year | +2126.8% |
| 2019 | 10.69 % change on previous year | -68.3% |
| 2020 | 8.82 % change on previous year | -17.5% |
| 2021 | 41.36 % change on previous year | +369.0% |
| 2022 | -19.95 % change on previous year | -148.2% |
| 2023 | 23.81 % change on previous year | -219.3% |
| 2024 | 29.27 % change on previous year | +22.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -7.46 % change on previous year | -29.77 % change on previous year | 14.85 % change on previous year | 2 |
| 2000s | 7.55 % change on previous year | -54.29 % change on previous year | 46.57 % change on previous year | 10 |
| 2010s | 3.08 % change on previous year | -23.77 % change on previous year | 33.69 % change on previous year | 10 |
| 2020s | 16.66 % change on previous year | -19.95 % change on previous year | 41.36 % change on previous year | 5 |
Countries ranked near Serbia
- 22 Niger 31.32 % change on previous year compare
- 23 Montenegro 31.31 % change on previous year compare
- 24 Libya 29.54 % change on previous year compare
- 26 Czechia 29.05 % change on previous year compare
- 27 Turkmenistan 27.9 % change on previous year
- 28 Türkiye 27.59 % change on previous year compare
More public sector data for Serbia
- Arms imports 153.00 million SIPRI trend indicator values (2024)
- 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)
- Arms imports (SIPRI trend indicator values), gaps filled 153.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 352.67 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0258 current USD per US$ of GDP (2024)
- Military expenditure (current USD), gaps filled 2.32 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 4,983 SIPRI trend indicator values per square kilometre (2023)
- Military expenditure (current USD), per square kilometre 21,368 current USD per square kilometre (2023)
Frequently asked questions
- What is military expenditure (current usd), annual growth rate in Serbia?
- Military expenditure (current usd), annual growth rate in Serbia was 29.27 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), annual growth rate recorded in Serbia?
- The highest recorded value was 46.57 % change on previous year in 2001.
- What is the lowest military expenditure (current usd), annual growth rate recorded in Serbia?
- The lowest recorded value was -54.29 % change on previous year in 2000.
- How does Serbia rank for military expenditure (current usd), annual growth rate?
- Serbia ranks 25th out of 164 countries with data for 2024.
- Is military expenditure (current usd), annual growth rate rising or falling in Serbia?
- Over the last ten years it is up 2,099.4%. The long-run trend across the full record is volatile.
- Where does this Serbia 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
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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.