Military expenditure in Serbia
Serbia: Military expenditure was 2.32 billion current USD in 2024. ▲ Rising
Military expenditure in Serbia, 1996–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
In 2024, military expenditure in Serbia stood at 2.32 billion current USD. That is the highest value across all 29 years on record.
The figure is up 29.3% on the previous year and up 152.9% over ten years.
Over the whole period, military expenditure in Serbia peaked at 2.32 billion current USD in 2024 and was at its lowest, 0 current USD, in 1996.
Serbia ranks 65th of 167 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 573.49 million current USD | 0 current USD | 914.37 million current USD | 4 |
| 2000s | 737.15 million current USD | 337.08 million current USD | 1.11 billion current USD | 10 |
| 2010s | 909.97 million current USD | 700.19 million current USD | 1.18 billion current USD | 10 |
| 2020s | 1.73 billion current USD | 1.28 billion current USD | 2.32 billion current USD | 5 |
Countries ranked near Serbia
More public sector data for Serbia
- Arms imports 153.00 million SIPRI trend indicator values (2024)
- Tax revenue 23.9% (2022)
- Taxes on income, profits and capital gains 17.6% (2022)
- Taxes on goods and services 40.9% (2022)
- Net investment in nonfinancial assets 6.6% (2022)
- Net lending (+) / net borrowing (-) -3.1% (2022)
- Interest payments 3.6% (2022)
- Grants and other revenue 9.2% (2022)
- Interest payments 4.0% (2022)
- Other taxes 0.0% (2022)
Frequently asked questions
- What is military expenditure in Serbia?
- Military expenditure in Serbia was 2.32 billion current USD 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 2.32 billion current USD in 2024.
- What is the lowest military expenditure recorded in Serbia?
- The lowest recorded value was 0 current USD in 1996.
- How does Serbia rank for military expenditure?
- Serbia ranks 65th out of 167 countries with data for 2024.
- Is military expenditure rising or falling in Serbia?
- Over the last ten years it is up 152.9%. The long-run trend across the full record is rising.
- 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 (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)