Military expenditure (current USD), gaps filled in Serbia

Serbia: Military expenditure (current USD), gaps filled was 2.32 billion current USD in 2024. ▲ Rising

Latest (2024)
2.32 billion current USD
Change on year
up 29.3%
World rank
65th
of 167 countries
All-time high
2.32 billion current USD
in 2024
All-time low
0 current USD
in 1996
Years of data
29
1996–2024

Military expenditure (current USD), gaps filled in Serbia, 1996–2024

0500.0M1.0B1.5B2.0B2.5B1996201020241996: 0 current USD1997: 914.4M current USD1998: 642.1M current USD1999: 737.5M current USD2000: 337.1M current USD2001: 494.1M current USD2002: 678.5M current USD2003: 730.6M current USD2004: 739.2M current USD2005: 629.5M current USD2006: 705.1M current USD2007: 971.6M current USD2008: 1.1B current USD2009: 974.3M current USD2010: 872.3M current USD2011: 987.0M current USD2012: 865.1M current USD2013: 932.2M current USD2014: 918.6M current USD2015: 700.2M current USD2016: 784.6M current USD2017: 796.4M current USD2018: 1.1B current USD2019: 1.2B current USD2020: 1.3B current USD2021: 1.8B current USD2022: 1.5B current USD2023: 1.8B current USD2024: 2.3B current USD

Source: Statizoid (derived). Measured in current USD.

Analysis

In 2024, military expenditure (current usd), gaps filled in Serbia stood at 2.32 billion current USD. That is the highest value across all 29 years on record.

Compared with earlier readings it is up 29.3% on the previous year and up 152.9% over ten years.

Over the whole period, military expenditure (current usd), gaps filled in Serbia peaked at 2.32 billion current USD in 2024 and was at its lowest, 0 current USD, in 1996.

That places Serbia 65th out of 167 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 29 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 573.49 million current USD 0 current USD 914.37 million current USD 4
2000s 737.15 million current USD 337.08 million current USD 1.11 billion current USD 10
2010s 909.97 million current USD 700.19 million current USD 1.18 billion current USD 10
2020s 1.73 billion current USD 1.28 billion current USD 2.32 billion current USD 5

Countries ranked near Serbia

  1. 62 Syrian Arab Republic 2.49 billion current USD compare
  2. 63 Egypt 2.40 billion current USD compare
  3. 64 Bulgaria 2.33 billion current USD compare
  4. 66 South Sudan 2.03 billion current USD compare
  5. 67 Uruguay 1.74 billion current USD compare
  6. 68 Yemen 1.71 billion current USD compare

See the full ranking of 211 places →

More public sector data for Serbia

All data for Serbia →

Frequently asked questions

What is military expenditure (current usd), gaps filled in Serbia?
Military expenditure (current usd), gaps filled in Serbia was 2.32 billion current USD in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), gaps filled recorded in Serbia?
The highest recorded value was 2.32 billion current USD in 2024.
What is the lowest military expenditure (current usd), gaps filled recorded in Serbia?
The lowest recorded value was 0 current USD in 1996.
How does Serbia rank for military expenditure (current usd), gaps filled?
Serbia ranks 65th out of 167 countries with data for 2024.
Is military expenditure (current usd), gaps filled rising or falling in Serbia?
Over the last ten years it is up 152.9%. The long-run trend across the full record is rising.
Where does this Serbia data come from?
The figures come from Statizoid (derived), published as part of Military expenditure (current USD), gaps filled. Statizoid updates them automatically from the source API.

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Military expenditure (current USD), gaps filled in Serbia. Statizoid, drawing on Statizoid (derived). Retrieved 21 August 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-gaps-filled/serbia/

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How this figure is calculated

Military expenditure (current USD) with 107 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.

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), gaps filled
Unit
current USD
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,708 data points, 1960–2024
Last refreshed

Military expenditure (current USD) with 107 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.