Serbia: Military expenditure (% of GDP)
In , Serbia's Military expenditure (% of GDP) was 2.60.
That's up 17.5% from 2023, the highest value since .
The global average for this indicator in 2024 was 2.20 . Serbia ranks #32 globally out of 147 reporting countries. Within Europe & Central Asia, it ranks #11 of 46.
Source: World Bank Open Data (MS.MIL.XPND.GD.ZS) • Data as of 2024
Trend (2005–2024)
Highlights
- Peak
- 2.73
- Trough
- 1.70
- 1-year change
- +17.5%
- 5-year change
- +18.9%
- +3.5% / yr
- 10-year change
- +38.8%
- +3.3% / yr
Historical Data — Last 10 Years
| Year | Military expenditure (% of GDP) |
|---|---|
| 2.5951 | |
| 2.2081 | |
| 2.1727 | |
| 2.7290 | |
| 2.2954 | |
| 2.1822 | |
| 2.0172 | |
| 1.7542 | |
| 1.8574 | |
| 1.6955 |
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 Serbia's Military expenditure (% of GDP) in 2024?
- In 2024, Serbia's Military expenditure (% of GDP) was 2.60, according to World Bank Open Data.
- Is Serbia's Military expenditure (% of GDP) rising or falling?
- Serbia's Military expenditure (% of GDP) rose 17.5% from 2023 to 2024.
- How does Serbia rank globally on Military expenditure (% of GDP)?
- In 2024, Serbia ranked #32 out of 147 countries reporting Military expenditure (% of GDP).
- How does Serbia's Military expenditure (% of GDP) compare to the world average?
- The global average for Military expenditure (% of GDP) in 2024 was 2.20, so Serbia is above the world average. Within Europe & Central Asia, it ranks #11 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.