Military expenditure (% of GDP) — all countries

Military expenditure (% of GDP) — Montenegro

Military expenditure (% of GDP) in Montenegro in 2024 — 1.83%. Ranked 69 in the world out of 147. Since 2005, the indicator has fallen by 0.86 pp.

2024 1.83% +0.31 pp vs 2023
World rank 69of 147
Period maximum 2.69%2005
Period minimum 1.33%2019

Trend over time

2005–2024 · % of GDP

Military expenditure (% of GDP) — Montenegro, 2005–202411.522.53200520072009201120132015201720192021202320242005: 2.69%2006: 2.29%2007: 1.74%2008: 1.87%2009: 1.84%2010: 1.81%2011: 1.75%2012: 1.66%2013: 1.45%2014: 1.47%2015: 1.4%2016: 1.41%2017: 1.36%2018: 1.37%2019: 1.33%2020: 1.74%2021: 1.56%2022: 1.57%2023: 1.52%2024: 1.83%
Change over the period: −0.86 pp Annual average: -0.05 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Montenegro

Montenegro 1.83%
World 2.47%
Southern Europe computed 1.63%
Military expenditure (% of GDP) — Montenegro, by year Montenegro All countries CSV XLSX
Year % Change, pp
2024 1.83 +0.31 pp
2023 1.52 −0.05 pp
2022 1.57 +0.02 pp
2021 1.56 −0.18 pp
2020 1.74 +0.4 pp
2019 1.33 −0.03 pp
2018 1.37 +0.01 pp
2017 1.36 −0.05 pp
2016 1.41 +0.01 pp
2015 1.4 −0.07 pp
2014 1.47 +0.02 pp
2013 1.45 −0.2 pp
2012 1.66 −0.09 pp
2011 1.75 −0.07 pp
2010 1.81 −0.03 pp
2009 1.84 −0.03 pp
2008 1.87 +0.13 pp
2007 1.74 −0.55 pp
2006 2.29 −0.4 pp
2005 2.69

About the indicator

Military expenditure as a percent of GDP under the SIPRI definition: current and capital spending on the armed forces, including peacekeeping forces, defense ministries, paramilitary forces, military R&D, pensions of military personnel and military aid. The NATO benchmark for member states is at least 2% of GDP.

Source: Military Expenditure Database (SIPRI), license SIPRI terms of use.