Military expenditure (current USD), per unit of GDP in Serbia
Serbia: Military expenditure (current USD), per unit of GDP was 0.0258 current USD per US$ of GDP in 2024. ▼ Falling
Military expenditure (current USD), per unit of GDP in Serbia, 1996–2024
Source: Statizoid (derived). Measured in current USD per US$ of GDP.
Analysis
The most recent figure for military expenditure (current usd), per unit of gdp in Serbia is 0.0258 current USD per US$ of GDP, measured in 2024.
Compared with earlier readings it is up 16.7% on the previous year and up 37.9% over ten years.
Over the whole period, military expenditure (current usd), per unit of gdp in Serbia peaked at 0.046 current USD per US$ of GDP in 2000 and was at its lowest, 0 current USD per US$ of GDP, in 1996.
That places Serbia 41st out of 166 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 29 years of available data.
Military expenditure (current USD), per unit of GDP in Serbia, year by year
| Year | current USD per US$ of GDP | Change |
|---|---|---|
| 1996 | 0 current USD per US$ of GDP | — |
| 1997 | 0.0337 current USD per US$ of GDP | — |
| 1998 | 0.0306 current USD per US$ of GDP | -9.2% |
| 1999 | 0.0353 current USD per US$ of GDP | +15.5% |
| 2000 | 0.046 current USD per US$ of GDP | +30.3% |
| 2001 | 0.0363 current USD per US$ of GDP | -21.0% |
| 2002 | 0.0378 current USD per US$ of GDP | +4.2% |
| 2003 | 0.031 current USD per US$ of GDP | -18.2% |
| 2004 | 0.0275 current USD per US$ of GDP | -11.1% |
| 2005 | 0.0222 current USD per US$ of GDP | -19.3% |
| 2006 | 0.0212 current USD per US$ of GDP | -4.7% |
| 2007 | 0.0216 current USD per US$ of GDP | +2.2% |
| 2008 | 0.0205 current USD per US$ of GDP | -5.3% |
| 2009 | 0.0207 current USD per US$ of GDP | +1.2% |
| 2010 | 0.02 current USD per US$ of GDP | -3.4% |
| 2011 | 0.0193 current USD per US$ of GDP | -3.9% |
| 2012 | 0.0192 current USD per US$ of GDP | -0.4% |
| 2013 | 0.0185 current USD per US$ of GDP | -3.7% |
| 2014 | 0.0187 current USD per US$ of GDP | +1.2% |
| 2015 | 0.017 current USD per US$ of GDP | -9.3% |
| 2016 | 0.0186 current USD per US$ of GDP | +9.6% |
| 2017 | 0.0173 current USD per US$ of GDP | -6.8% |
| 2018 | 0.0202 current USD per US$ of GDP | +16.4% |
| 2019 | 0.0219 current USD per US$ of GDP | +8.5% |
| 2020 | 0.023 current USD per US$ of GDP | +4.9% |
| 2021 | 0.0274 current USD per US$ of GDP | +19.4% |
| 2022 | 0.0217 current USD per US$ of GDP | -20.7% |
| 2023 | 0.0221 current USD per US$ of GDP | +1.7% |
| 2024 | 0.0258 current USD per US$ of GDP | +16.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0249 current USD per US$ of GDP | 0 current USD per US$ of GDP | 0.0353 current USD per US$ of GDP | 4 |
| 2000s | 0.0285 current USD per US$ of GDP | 0.0205 current USD per US$ of GDP | 0.046 current USD per US$ of GDP | 10 |
| 2010s | 0.0191 current USD per US$ of GDP | 0.017 current USD per US$ of GDP | 0.0219 current USD per US$ of GDP | 10 |
| 2020s | 0.024 current USD per US$ of GDP | 0.0217 current USD per US$ of GDP | 0.0274 current USD per US$ of GDP | 5 |
Countries ranked near Serbia
- 38 Singapore 0.0263 current USD per US$ of GDP compare
- 39 Kyrgyzstan 0.026 current USD per US$ of GDP compare
- 40 Central African Republic 0.0259 current USD per US$ of GDP compare
- 42 Tunisia 0.0256 current USD per US$ of GDP compare
- 43 Republic of Korea 0.0254 current USD per US$ of GDP compare
- 44 Timor-Leste 0.0249 current USD per US$ of GDP 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), annual growth rate 29.27 % change on previous year (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), per unit of gdp in Serbia?
- Military expenditure (current usd), per unit of gdp in Serbia was 0.0258 current USD per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), per unit of gdp recorded in Serbia?
- The highest recorded value was 0.046 current USD per US$ of GDP in 2000.
- What is the lowest military expenditure (current usd), per unit of gdp recorded in Serbia?
- The lowest recorded value was 0 current USD per US$ of GDP in 1996.
- How does Serbia rank for military expenditure (current usd), per unit of gdp?
- Serbia ranks 41st out of 166 countries with data for 2024.
- Is military expenditure (current usd), per unit of gdp rising or falling in Serbia?
- Over the last ten years it is up 37.9%. The long-run trend across the full record is falling.
- Where does this Serbia data come from?
- The figures come from Statizoid (derived), published as part of Military expenditure (current USD), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Military expenditure (current USD) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Military expenditure (current USD) ÷ GDP (current US$)
Computed from
- Military expenditure SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.