Montenegro: Military expenditure (% of GDP)
In , Montenegro's Military expenditure (% of GDP) was 1.83.
That's up 20.7% from 2023, the highest value since .
The global average for this indicator in 2024 was 2.20 . Montenegro ranks #69 globally out of 147 reporting countries. Within Europe & Central Asia, it ranks #31 of 46.
Source: World Bank Open Data (MS.MIL.XPND.GD.ZS) • Data as of 2024
Trend (2005–2024)
Highlights
- Peak
- 2.69
- Trough
- 1.33
- 1-year change
- +20.7%
- 5-year change
- +37.3%
- +6.5% / yr
- 10-year change
- +24.5%
- +2.2% / yr
Historical Data — Last 10 Years
| Year | Military expenditure (% of GDP) |
|---|---|
| 1.8325 | |
| 1.5188 | |
| 1.5730 | |
| 1.5553 | |
| 1.7380 | |
| 1.3344 | |
| 1.3693 | |
| 1.3628 | |
| 1.4113 | |
| 1.4037 |
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 Montenegro's Military expenditure (% of GDP) in 2024?
- In 2024, Montenegro's Military expenditure (% of GDP) was 1.83, according to World Bank Open Data.
- Is Montenegro's Military expenditure (% of GDP) rising or falling?
- Montenegro's Military expenditure (% of GDP) rose 20.7% from 2023 to 2024.
- How does Montenegro rank globally on Military expenditure (% of GDP)?
- In 2024, Montenegro ranked #69 out of 147 countries reporting Military expenditure (% of GDP).
- How does Montenegro's Military expenditure (% of GDP) compare to the world average?
- The global average for Military expenditure (% of GDP) in 2024 was 2.20, so Montenegro is below the world average. Within Europe & Central Asia, it ranks #31 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.