Statizoid

Estonia vs Serbia: Military spending

Estonia
1.19 billion constant 2022 US$
in 2023
Serbia
1.25 billion constant 2022 US$
in 2020
Estonia rank
82nd
Serbia rank
81st

Military spending over time

  • Estonia
  • Serbia
0250.0M500.0M750.0M1.0B1.2B187819502023

How they compare

Serbia currently reports 1.25 billion constant 2022 US$ against 1.19 billion constant 2022 US$ in Estonia, a difference of 62.11 million constant 2022 US$.

That makes Serbia's figure about 1.1 times Estonia's.

Across all 14 years both countries report, Serbia has been ahead every year.

Estonia ranks 82nd and Serbia ranks 81st of 172 countries.

Individual pages

About this data

Indicator
Military spending
Unit
constant 2022 US$
Source
Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.