Military expenditure in Montenegro
Montenegro: Military expenditure was 1.8% in 2024. ▼ Falling
Military expenditure in Montenegro, 2005–2024
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
| 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
| Decade | Average | Lowest | Highest | 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
More public sector data for Montenegro
- Arms imports 5.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 8.02 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0006 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 5.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 240.62 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0181 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 31.31 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 150.03 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 148.7 SIPRI trend indicator values per square kilometre (2022)
- Military expenditure (current USD), per square kilometre 8,495 current USD per square kilometre (2023)
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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About this data
Military expenditure by country as percentage of gross domestic product