Military expenditure (% of GDP) — all countries

Military expenditure (% of GDP) — Serbia

Military expenditure (% of GDP) in Serbia in 2024 — 2.6%. Ranked 32 in the world out of 147. Since 1996, the indicator has fallen by 0.56 pp.

2024 2.6% +0.39 pp vs 2023
World rank 32of 147
Period maximum 4.6%2000
Period minimum 1.7%2015

Trend over time

1996–2024 · % of GDP

Military expenditure (% of GDP) — Serbia, 1996–20241234519961999200220052008201120142017202020231996: 3.16%1997: 3.37%1998: 3.06%1999: 3.53%2000: 4.6%2001: 3.63%2002: 3.78%2003: 3.1%2004: 2.75%2005: 2.22%2006: 2.12%2007: 2.16%2008: 2.05%2009: 2.07%2010: 2%2011: 1.93%2012: 1.92%2013: 1.85%2014: 1.87%2015: 1.7%2016: 1.86%2017: 1.75%2018: 2.02%2019: 2.18%2020: 2.3%2021: 2.73%2022: 2.17%2023: 2.21%2024: 2.6%
Change over the period: −0.56 pp Annual average: -0.02 pp

Comparison, 2024

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

Serbia 2.6%
World 2.47%
Southern Europe computed 1.63%
Military expenditure (% of GDP) — Serbia, by year Serbia All countries CSV XLSX
Year % Change, pp
2024 2.6 +0.39 pp
2023 2.21 +0.04 pp
2022 2.17 −0.56 pp
2021 2.73 +0.43 pp
2020 2.3 +0.11 pp
2019 2.18 +0.17 pp
2018 2.02 +0.26 pp
2017 1.75 −0.1 pp
2016 1.86 +0.16 pp
2015 1.7 −0.17 pp
2014 1.87 +0.02 pp
2013 1.85 −0.07 pp
2012 1.92 −0.01 pp
2011 1.93 −0.08 pp
2010 2 −0.07 pp
2009 2.07 +0.02 pp
2008 2.05 −0.11 pp
2007 2.16 +0.05 pp
2006 2.12 −0.1 pp
2005 2.22 −0.53 pp
2004 2.75 −0.34 pp
2003 3.1 −0.69 pp
2002 3.78 +0.15 pp
2001 3.63 −0.97 pp
2000 4.6 +1.07 pp
1999 3.53 +0.48 pp
1998 3.06 −0.31 pp
1997 3.37 +0.21 pp
1996 3.16

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.