Military expenditure in dollars — all countries

Military expenditure in dollars — Serbia

Military expenditure in dollars in Serbia in 2024 — 2,322,830,102 US$. Ranked 61 in the world out of 151.

2024 2.32B US$ +29.27% vs 2023
World rank 61of 151
Period maximum 2.32B US$2024
Period minimum 0 US$1996

Trend over time

1996–2024 · US$

Military expenditure in dollars — Serbia, 1996–202401B2B3B19961999200220052008201120142017202020231996: 0 US$1997: 914,364,968 US$1998: 642,122,263 US$1999: 737,469,451 US$2000: 337,080,608 US$2001: 494,069,226 US$2002: 678,511,700 US$2003: 730,567,123 US$2004: 739,172,065 US$2005: 629,500,943 US$2006: 705,062,714 US$2007: 971,570,565 US$2008: 1,111,631,538 US$2009: 974,288,479 US$2010: 872,339,632 US$2011: 986,958,194 US$2012: 865,072,420 US$2013: 932,203,595 US$2014: 918,557,178 US$2015: 700,189,351 US$2016: 784,577,943 US$2017: 796,446,638 US$2018: 1,064,747,317 US$2019: 1,178,580,563 US$2020: 1,282,529,333 US$2021: 1,813,007,742 US$2022: 1,451,348,837 US$2023: 1,796,879,440 US$2024: 2,322,830,102 US$
Change over the period: +2.32B

Comparison, 2024

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

Serbia 2.32B US$
World 2.65T US$
Southern Europe computed 81.68B US$
Upper-middle-income countries computed 471B US$
Military expenditure in dollars — Serbia, by year Serbia All countries CSV XLSX
Year US$ Change Change, %
2024 2.32B +526M +29.27%
2023 1.8B +346M +23.81%
2022 1.45B −362M −19.95%
2021 1.81B +530M +41.36%
2020 1.28B +104M +8.82%
2019 1.18B +114M +10.69%
2018 1.06B +268M +33.69%
2017 796M +11.87M +1.51%
2016 785M +84.39M +12.05%
2015 700M −218M −23.77%
2014 919M −13.65M −1.46%
2013 932M +67.13M +7.76%
2012 865M −122M −12.35%
2011 987M +115M +13.14%
2010 872M −102M −10.46%
2009 974M −137M −12.36%
2008 1.11B +140M +14.42%
2007 972M +267M +37.8%
2006 705M +75.56M +12%
2005 630M −110M −14.84%
2004 739M +8.6M +1.18%
2003 731M +52.06M +7.67%
2002 679M +184M +37.33%
2001 494M +157M +46.57%
2000 337M −400M −54.29%
1999 737M +95.35M +14.85%
1998 642M −272M −29.77%
1997 914M +914M
1996 0

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.