Military expenditure in Montenegro
Montenegro: Military expenditure was 138.70 million current LCU in 2024. ▲ Rising
Military expenditure in Montenegro, 2005–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.
Analysis
The most recent figure for military expenditure in Montenegro is 138.70 million current LCU, measured in 2024. That is the highest value across all 20 years on record.
The figure is up 31.1% on the previous year and up 172.4% over ten years.
Over the whole period, military expenditure in Montenegro peaked at 138.70 million current LCU in 2024 and was at its lowest, 46.90 million current LCU, in 2007.
Montenegro ranks 159th of 167 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 51.76 million current LCU | 46.90 million current LCU | 58.10 million current LCU | 5 |
| 2010s | 56.18 million current LCU | 48.83 million current LCU | 66.06 million current LCU | 10 |
| 2020s | 97.49 million current LCU | 72.75 million current LCU | 138.70 million current LCU | 5 |
Countries ranked near Montenegro
More public sector data for Montenegro
- Arms imports 5.00 million SIPRI trend indicator values (2024)
- Military expenditure 1.8% (2024)
- Military expenditure 150.03 million current USD (2024)
- Armed forces personnel, total 12,000 (2020)
- Armed forces personnel 4.7% (2020)
- Statistical performance indicators (SPI): Pillar 1 data use score 90 scale 0-100 (2024)
- Intentional homicides 0.7892 per 100,000 people (2023)
- Statistical performance indicators (SPI): Pillar 3 data products score 69.42 scale 0-100 (2024)
- Proportion of seats held by women in national parliaments 27.2% (2025)
- Military expenditure 4.2% (2024)
Frequently asked questions
- What is military expenditure in Montenegro?
- Military expenditure in Montenegro was 138.70 million current LCU 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 138.70 million current LCU in 2024.
- What is the lowest military expenditure recorded in Montenegro?
- The lowest recorded value was 46.90 million current LCU in 2007.
- How does Montenegro rank for military expenditure?
- Montenegro ranks 159th out of 167 countries with data for 2024.
- Is military expenditure rising or falling in Montenegro?
- Over the last ten years it is up 172.4%. The long-run trend across the full record is rising.
- 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 (current LCU). Statizoid updates them automatically from the source API.
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About this data
Military expenditure in local currency at current prices (by calendar year)