Military expenditure in Serbia
Serbia: Military expenditure was 2.6% in 2024. ▼ Falling
Military expenditure in Serbia, 1996–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in % of GDP.
Analysis
Serbia recorded 2.6% for military expenditure in 2024.
That represents a change of up 17.5% on the previous year and up 38.8% over ten years.
Over the whole period, military expenditure in Serbia peaked at 4.6% in 2000 and was at its lowest, 1.7%, in 2015.
That places Serbia 42nd out of 165 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 in Serbia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1996 | 3.2% | — |
| 1997 | 3.4% | +6.6% |
| 1998 | 3.1% | -9.2% |
| 1999 | 3.5% | +15.5% |
| 2000 | 4.6% | +30.3% |
| 2001 | 3.6% | -21.0% |
| 2002 | 3.8% | +4.2% |
| 2003 | 3.1% | -18.2% |
| 2004 | 2.8% | -11.1% |
| 2005 | 2.2% | -19.3% |
| 2006 | 2.1% | -4.7% |
| 2007 | 2.2% | +2.2% |
| 2008 | 2.1% | -5.3% |
| 2009 | 2.1% | +1.2% |
| 2010 | 2.0% | -3.4% |
| 2011 | 1.9% | -3.9% |
| 2012 | 1.9% | -0.4% |
| 2013 | 1.8% | -3.7% |
| 2014 | 1.9% | +1.2% |
| 2015 | 1.7% | -9.3% |
| 2016 | 1.9% | +9.6% |
| 2017 | 1.8% | -5.6% |
| 2018 | 2.0% | +15.0% |
| 2019 | 2.2% | +8.2% |
| 2020 | 2.3% | +5.2% |
| 2021 | 2.7% | +18.9% |
| 2022 | 2.2% | -20.4% |
| 2023 | 2.2% | +1.6% |
| 2024 | 2.6% | +17.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.3% | 3.1% | 3.5% | 4 |
| 2000s | 2.8% | 2.1% | 4.6% | 10 |
| 2010s | 1.9% | 1.7% | 2.2% | 10 |
| 2020s | 2.4% | 2.2% | 2.7% | 5 |
Countries ranked near Serbia
- 39 Pakistan 2.7% compare
- 40 Timor-Leste 2.7% compare
- 41 Djibouti 2.6% compare
- 43 Lebanon 2.6% compare
- 44 Republic of Korea 2.6% compare
- 45 Central African Republic 2.5% 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), per unit of GDP 0.0258 current USD per US$ of GDP (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)
Frequently asked questions
- What is military expenditure in Serbia?
- Military expenditure in Serbia was 2.6% in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Serbia?
- The highest recorded value was 4.6% in 2000.
- What is the lowest military expenditure recorded in Serbia?
- The lowest recorded value was 1.7% in 2015.
- How does Serbia rank for military expenditure?
- Serbia ranks 42nd out of 165 countries with data for 2024.
- Is military expenditure rising or falling in Serbia?
- Over the last ten years it is up 38.8%. The long-run trend across the full record is falling.
- Where does this Serbia 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