Military expenditure in dollars — all countries

Military expenditure in dollars — Bosnia and Herzegovina

Military expenditure in dollars in Bosnia and Herzegovina in 2024 — 215,974,869 US$. Ranked 116 in the world out of 151. Since 2002, the indicator has fallen by 10.4%.

2024 216M US$ +9.45% vs 2023
World rank 116of 151
Period maximum 242M US$2009
Period minimum 156M US$2017

Trend over time

2002–2024 · US$

Military expenditure in dollars — Bosnia and Herzegovina, 2002–2024150M175M200M225M250M200220052008201120142017202020232002: 241,025,518 US$2003: 202,282,839 US$2004: 200,100,307 US$2005: 173,304,848 US$2006: 178,375,570 US$2007: 195,049,685 US$2008: 233,292,391 US$2009: 242,471,358 US$2010: 219,915,490 US$2011: 211,878,261 US$2012: 197,344,650 US$2013: 197,617,189 US$2014: 190,380,455 US$2015: 162,215,682 US$2016: 157,912,011 US$2017: 156,258,302 US$2018: 172,073,318 US$2019: 165,369,204 US$2020: 167,521,866 US$2021: 209,721,886 US$2022: 184,484,799 US$2023: 197,332,516 US$2024: 215,974,869 US$
Change over the period: −25.05M (−10.39%) Average annual rate: -0.5 %

Comparison, 2024

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

Bosnia and Herzegovina 216M US$
World 2.65T US$
Southern Europe computed 81.68B US$
Upper-middle-income countries computed 471B US$
Military expenditure in dollars — Bosnia and Herzegovina, by year Bosnia and Herzegovina All countries CSV XLSX
Year US$ Change Change, %
2024 216M +18.64M +9.45%
2023 197M +12.85M +6.96%
2022 184M −25.24M −12.03%
2021 210M +42.2M +25.19%
2020 168M +2.15M +1.3%
2019 165M −6.7M −3.9%
2018 172M +15.82M +10.12%
2017 156M −1.65M −1.05%
2016 158M −4.3M −2.65%
2015 162M −28.16M −14.79%
2014 190M −7.24M −3.66%
2013 198M +272,539 +0.14%
2012 197M −14.53M −6.86%
2011 212M −8.04M −3.65%
2010 220M −22.56M −9.3%
2009 242M +9.18M +3.93%
2008 233M +38.24M +19.61%
2007 195M +16.67M +9.35%
2006 178M +5.07M +2.93%
2005 173M −26.8M −13.39%
2004 200M −2.18M −1.08%
2003 202M −38.74M −16.07%
2002 241M

About the indicator

Military expenditure in current US dollars under the SIPRI definition. It allows absolute defense budgets to be compared, but not military capability: the purchasing power of the dollar in defense differs widely between countries, so equal budgets buy different amounts of personnel and equipment.

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