Bosnia and Herzegovina: Military expenditure (% of GDP)
In , Bosnia and Herzegovina's Military expenditure (% of GDP) was 0.75.
That's up 4.1% from 2023, the highest value since .
The global average for this indicator in 2024 was 2.20 . Bosnia and Herzegovina ranks #123 globally out of 147 reporting countries. Within Europe & Central Asia, it ranks #42 of 46.
Source: World Bank Open Data (MS.MIL.XPND.GD.ZS) • Data as of 2024
Trend (2005–2024)
Highlights
- Peak
- 1.54
- Trough
- 0.72
- 1-year change
- +4.1%
- 5-year change
- -7.5%
- -1.5% / yr
- 10-year change
- -27.2%
- -3.1% / yr
Historical Data — Last 10 Years
| Year | Military expenditure (% of GDP) |
|---|---|
| 0.7471 | |
| 0.7176 | |
| 0.7520 | |
| 0.8861 | |
| 0.8273 | |
| 0.8073 | |
| 0.8400 | |
| 0.8526 | |
| 0.9228 | |
| 0.9889 |
About Military expenditure (% of GDP)
Military expenditure by country as percentage of gross domestic product
Indicator code: MS.MIL.XPND.GD.ZS • Category: Public Sector
Frequently asked questions
- What was Bosnia and Herzegovina's Military expenditure (% of GDP) in 2024?
- In 2024, Bosnia and Herzegovina's Military expenditure (% of GDP) was 0.75, according to World Bank Open Data.
- Is Bosnia and Herzegovina's Military expenditure (% of GDP) rising or falling?
- Bosnia and Herzegovina's Military expenditure (% of GDP) rose 4.1% from 2023 to 2024.
- How does Bosnia and Herzegovina rank globally on Military expenditure (% of GDP)?
- In 2024, Bosnia and Herzegovina ranked #123 out of 147 countries reporting Military expenditure (% of GDP).
- How does Bosnia and Herzegovina's Military expenditure (% of GDP) compare to the world average?
- The global average for Military expenditure (% of GDP) in 2024 was 2.20, so Bosnia and Herzegovina is below the world average. Within Europe & Central Asia, it ranks #42 of 46.
- What is Military expenditure (% of GDP) and how is it measured?
- Military expenditure by country as percentage of gross domestic product
Source: World Bank Open Data (MS.MIL.XPND.GD.ZS), CC BY 4.0.