Military expenditure in Bosnia and Herzegovina
Bosnia and Herzegovina: Military expenditure was 215.97 million current USD in 2024. ▼ Falling
Latest (2024)
215.97 million current USD
Change on year
up 9.4%
World rank
126th
of 167 countries
All-time high
242.47 million current USD
in 2009
All-time low
156.26 million current USD
in 2017
Years of data
23
2002–2024
Military expenditure in Bosnia and Herzegovina, 2002–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
In 2024, military expenditure in Bosnia and Herzegovina stood at 215.97 million current USD.
Compared with earlier readings it is up 9.4% on the previous year and up 13.4% over ten years.
Over the whole period, military expenditure in Bosnia and Herzegovina peaked at 242.47 million current USD in 2009 and was at its lowest, 156.26 million current USD, in 2017.
Bosnia and Herzegovina ranks 126th of 167 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 23 years of available data.
Military expenditure in Bosnia and Herzegovina, year by year
| Year | current USD | Change |
|---|---|---|
| 2002 | 241.03 million current USD | — |
| 2003 | 202.28 million current USD | -16.1% |
| 2004 | 200.10 million current USD | -1.1% |
| 2005 | 173.31 million current USD | -13.4% |
| 2006 | 178.38 million current USD | +2.9% |
| 2007 | 195.05 million current USD | +9.3% |
| 2008 | 233.29 million current USD | +19.6% |
| 2009 | 242.47 million current USD | +3.9% |
| 2010 | 219.91 million current USD | -9.3% |
| 2011 | 211.88 million current USD | -3.7% |
| 2012 | 197.34 million current USD | -6.9% |
| 2013 | 197.62 million current USD | +0.1% |
| 2014 | 190.38 million current USD | -3.7% |
| 2015 | 162.22 million current USD | -14.8% |
| 2016 | 157.91 million current USD | -2.7% |
| 2017 | 156.26 million current USD | -1.0% |
| 2018 | 172.07 million current USD | +10.1% |
| 2019 | 165.37 million current USD | -3.9% |
| 2020 | 167.52 million current USD | +1.3% |
| 2021 | 209.72 million current USD | +25.2% |
| 2022 | 184.49 million current USD | -12.0% |
| 2023 | 197.33 million current USD | +7.0% |
| 2024 | 215.97 million current USD | +9.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 208.24 million current USD | 173.31 million current USD | 242.47 million current USD | 8 |
| 2010s | 183.10 million current USD | 156.26 million current USD | 219.91 million current USD | 10 |
| 2020s | 195.01 million current USD | 167.52 million current USD | 215.97 million current USD | 5 |
Countries ranked near Bosnia and Herzegovina
- 123 Mauritania 260.06 million current USD compare
- 124 Tajikistan 246.39 million current USD compare
- 125 Trinidad and Tobago 234.54 million current USD compare
- 127 Somalia 201.85 million current USD compare
- 128 Guyana 201.84 million current USD compare
- 129 Togo 195.35 million current USD compare
More public sector data for Bosnia and Herzegovina
- Arms imports 12.00 million SIPRI trend indicator values (2021)
- Arms imports (SIPRI trend indicator values), per capita 3.7 SIPRI trend indicator values per person (2021)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0005 SIPRI trend indicator values per US$ of GDP (2021)
- Arms imports (SIPRI trend indicator values), gaps filled 12.00 million SIPRI trend indicator values (2021)
- Military expenditure (current USD), per capita 68.25 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0073 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 9.45 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 215.97 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 234.38 SIPRI trend indicator values per square kilometre (2021)
- Military expenditure (current USD), per square kilometre 3,854 current USD per square kilometre (2023)
Frequently asked questions
- What is military expenditure in Bosnia and Herzegovina?
- Military expenditure in Bosnia and Herzegovina was 215.97 million current USD in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Bosnia and Herzegovina?
- The highest recorded value was 242.47 million current USD in 2009.
- What is the lowest military expenditure recorded in Bosnia and Herzegovina?
- The lowest recorded value was 156.26 million current USD in 2017.
- How does Bosnia and Herzegovina rank for military expenditure?
- Bosnia and Herzegovina ranks 126th out of 167 countries with data for 2024.
- Is military expenditure rising or falling in Bosnia and Herzegovina?
- Over the last ten years it is up 13.4%. The long-run trend across the full record is falling.
- Where does this Bosnia and Herzegovina data come from?
- The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current USD). Statizoid updates them automatically from the source API.
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About this data
Military spending USD, in current prices (converted at the exchange rate for the given year)