Military expenditure (current USD), gaps filled in Serbia
Serbia: Military expenditure (current USD), gaps filled was 2.32 billion current USD in 2024. ▲ Rising
Military expenditure (current USD), gaps filled in Serbia, 1996–2024
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.
Military expenditure (current USD), gaps filled in Serbia, year by year
| Year | current USD | Change |
|---|---|---|
| 1996 | 0 current USD | — |
| 1997 | 914.37 million current USD | — |
| 1998 | 642.12 million current USD | -29.8% |
| 1999 | 737.47 million current USD | +14.8% |
| 2000 | 337.08 million current USD | -54.3% |
| 2001 | 494.07 million current USD | +46.6% |
| 2002 | 678.51 million current USD | +37.3% |
| 2003 | 730.57 million current USD | +7.7% |
| 2004 | 739.17 million current USD | +1.2% |
| 2005 | 629.50 million current USD | -14.8% |
| 2006 | 705.06 million current USD | +12.0% |
| 2007 | 971.57 million current USD | +37.8% |
| 2008 | 1.11 billion current USD | +14.4% |
| 2009 | 974.29 million current USD | -12.4% |
| 2010 | 872.34 million current USD | -10.5% |
| 2011 | 986.96 million current USD | +13.1% |
| 2012 | 865.07 million current USD | -12.3% |
| 2013 | 932.20 million current USD | +7.8% |
| 2014 | 918.56 million current USD | -1.5% |
| 2015 | 700.19 million current USD | -23.8% |
| 2016 | 784.58 million current USD | +12.1% |
| 2017 | 796.45 million current USD | +1.5% |
| 2018 | 1.06 billion current USD | +33.7% |
| 2019 | 1.18 billion current USD | +10.7% |
| 2020 | 1.28 billion current USD | +8.8% |
| 2021 | 1.81 billion current USD | +41.4% |
| 2022 | 1.45 billion current USD | -19.9% |
| 2023 | 1.80 billion current USD | +23.8% |
| 2024 | 2.32 billion current USD | +29.3% |
Serbia compared with similar countries
- Serbia's 2.32 billion current USD is above the median for upper middle income countries, which is 1.38 billion current USD, 1.7× the median. (48 countries reporting)
- Serbia's 2.32 billion current USD is below the median for Europe & Central Asia, which is 2.63 billion current USD, 88% of the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
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)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Democracy 3 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
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.
Download this data
CSV · JSON — 29 observations, free to reuse under Derived by Statizoid from the sources named on the page.
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
- 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
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.