Military expenditure in Montenegro

Montenegro: Military expenditure was 1.8% in 2024. ▼ Falling

Latest (2024)
1.8%
Change on year
up 20.7%
World rank
79th
of 164 countries
All-time high
2.7%
in 2005
All-time low
1.3%
in 2019
Years of data
20
2005–2024

Military expenditure in Montenegro, 2005–2024

01232005201420242005: 2.7 % of GDP2006: 2.3 % of GDP2007: 1.7 % of GDP2008: 1.9 % of GDP2009: 1.8 % of GDP2010: 1.8 % of GDP2011: 1.7 % of GDP2012: 1.7 % of GDP2013: 1.5 % of GDP2014: 1.5 % of GDP2015: 1.4 % of GDP2016: 1.4 % of GDP2017: 1.4 % of GDP2018: 1.4 % of GDP2019: 1.3 % of GDP2020: 1.7 % of GDP2021: 1.6 % of GDP2022: 1.6 % of GDP2023: 1.5 % of GDP2024: 1.8 % of GDP

Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in % of GDP.

Analysis

The most recent figure for military expenditure in Montenegro is 1.8%, measured in 2024.

That represents a change of up 20.7% on the previous year and up 24.5% over ten years.

Over the whole period, military expenditure in Montenegro peaked at 2.7% in 2005 and was at its lowest, 1.3%, in 2019.

Montenegro ranks 79th of 164 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 20 years of available data.

Military expenditure in Montenegro, year by year

Annual values for Military expenditure (% of GDP) in Montenegro, 2005 to 2024.
Year % of GDP Change
2005 2.7%
2006 2.3% -15.0%
2007 1.7% -23.9%
2008 1.9% +7.3%
2009 1.8% -1.5%
2010 1.8% -1.6%
2011 1.7% -3.6%
2012 1.7% -5.3%
2013 1.5% -12.3%
2014 1.5% +1.4%
2015 1.4% -4.7%
2016 1.4% +0.5%
2017 1.4% -3.4%
2018 1.4% +0.5%
2019 1.3% -2.5%
2020 1.7% +30.2%
2021 1.6% -10.5%
2022 1.6% +1.1%
2023 1.5% -3.5%
2024 1.8% +20.7%

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.1% 1.7% 2.7% 5
2010s 1.5% 1.3% 1.8% 10
2020s 1.6% 1.5% 1.8% 5

Countries ranked near Montenegro

  1. 76 Uganda 1.9% compare
  2. 77 Georgia 1.9% compare
  3. 78 Tajikistan 1.8% compare
  4. 80 Afghanistan 1.8% compare
  5. 81 Viet Nam 1.8% compare
  6. 82 Croatia 1.8% compare

See the full ranking of 209 places →

More public sector data for Montenegro

All data for Montenegro →

Frequently asked questions

What is military expenditure in Montenegro?
Military expenditure in Montenegro was 1.8% in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
What is the highest military expenditure recorded in Montenegro?
The highest recorded value was 2.7% in 2005.
What is the lowest military expenditure recorded in Montenegro?
The lowest recorded value was 1.3% in 2019.
How does Montenegro rank for military expenditure?
Montenegro ranks 79th out of 164 countries with data for 2024.
Is military expenditure rising or falling in Montenegro?
Over the last ten years it is up 24.5%. The long-run trend across the full record is falling.
Where does this Montenegro data come from?
The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (% of GDP). Statizoid updates them automatically from the source API.

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Military expenditure in Montenegro. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 02 September 2026, from https://public-sector.statizoid.com/stat/military-expenditure-percent-of-gdp/montenegro/

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About this data

Indicator
Military expenditure (% of GDP)
Unit
% of GDP
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
209 places, 10,533 data points, 1960–2024
Last refreshed

Military expenditure by country as percentage of gross domestic product