Military spending, annual growth rate in Bosnia and Herzegovina

Bosnia and Herzegovina: Military spending, annual growth rate was 6.42 % change on previous year in 2023. ◆ Volatile

Latest (2023)
6.42 % change on previous year
Change on year
up 65.7%
World rank
68th
of 172 countries
All-time high
45.13 % change on previous year
in 1993
All-time low
-52.65 % change on previous year
in 1995
Years of data
31
1993–2023

Military spending, annual growth rate in Bosnia and Herzegovina, 1993–2023

-60-40-20020401993200820231993: 45.1 % change on previous year1994: 2 % change on previous year1995: -52.6 % change on previous year1996: -27.8 % change on previous year1997: -0.844 % change on previous year1998: 0.73 % change on previous year1999: -9.7 % change on previous year2000: -30.3 % change on previous year2001: -19.2 % change on previous year2002: 9.3 % change on previous year2003: -11.7 % change on previous year2004: 2.5 % change on previous year2005: -2.9 % change on previous year2006: -6.6 % change on previous year2007: 12.6 % change on previous year2008: 8.6 % change on previous year2009: -5.1 % change on previous year2010: -2.1 % change on previous year2011: 0.622 % change on previous year2012: -6.9 % change on previous year2013: -2.5 % change on previous year2014: -4.4 % change on previous year2015: -6.7 % change on previous year2016: -6.2 % change on previous year2017: 6.3 % change on previous year2018: -2.6 % change on previous year2019: 2.5 % change on previous year2020: -1.1 % change on previous year2021: -1.4 % change on previous year2022: 3.9 % change on previous year2023: 6.4 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Bosnia and Herzegovina recorded 6.42 % change on previous year for military spending, annual growth rate in 2023.

The figure is up 65.7% on the previous year and up 352.7% over ten years.

Over the whole period, military spending, annual growth rate in Bosnia and Herzegovina peaked at 45.13 % change on previous year in 1993 and was at its lowest, -52.65 % change on previous year, in 1995.

That places Bosnia and Herzegovina 68th out of 172 countries with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Military spending, annual growth rate in Bosnia and Herzegovina, year by year

Annual values for Military spending, annual growth rate in Bosnia and Herzegovina, 1993 to 2023.
Year % change on previous year Change
1993 45.13 % change on previous year
1994 1.98 % change on previous year -95.6%
1995 -52.65 % change on previous year -2752.3%
1996 -27.83 % change on previous year -47.1%
1997 -0.8443 % change on previous year -97.0%
1998 0.7297 % change on previous year -186.4%
1999 -9.66 % change on previous year -1424.1%
2000 -30.25 % change on previous year +213.1%
2001 -19.23 % change on previous year -36.4%
2002 9.34 % change on previous year -148.6%
2003 -11.72 % change on previous year -225.5%
2004 2.46 % change on previous year -121.0%
2005 -2.92 % change on previous year -218.9%
2006 -6.61 % change on previous year +126.1%
2007 12.56 % change on previous year -290.1%
2008 8.57 % change on previous year -31.7%
2009 -5.07 % change on previous year -159.1%
2010 -2.08 % change on previous year -59.0%
2011 0.6217 % change on previous year -129.9%
2012 -6.89 % change on previous year -1208.7%
2013 -2.54 % change on previous year -63.1%
2014 -4.4 % change on previous year +73.3%
2015 -6.74 % change on previous year +53.0%
2016 -6.21 % change on previous year -7.7%
2017 6.27 % change on previous year -200.9%
2018 -2.64 % change on previous year -142.1%
2019 2.49 % change on previous year -194.3%
2020 -1.11 % change on previous year -144.7%
2021 -1.36 % change on previous year +22.7%
2022 3.87 % change on previous year -384.3%
2023 6.42 % change on previous year +65.7%

Bosnia and Herzegovina compared with similar countries

  • Bosnia and Herzegovina's 6.42 % change on previous year is above the median for upper middle income countries, which is 5.16 % change on previous year, 1.2× the median. (49 countries reporting)
  • Bosnia and Herzegovina's 6.42 % change on previous year is below the median for Europe & Central Asia, which is 7.48 % change on previous year, 86% of the median. (48 countries reporting)

Biggest year-on-year movements

Years where Military spending, annual growth rate in Bosnia and Herzegovina changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1995 -2752.3% 1.98 % change on previous year -52.65 % change on previous year
1999 -1424.1% 0.7297 % change on previous year -9.66 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1990s -6.16 % change on previous year -52.65 % change on previous year 45.13 % change on previous year 7
2000s -4.29 % change on previous year -30.25 % change on previous year 12.56 % change on previous year 10
2010s -2.21 % change on previous year -6.89 % change on previous year 6.27 % change on previous year 10
2020s 1.96 % change on previous year -1.36 % change on previous year 6.42 % change on previous year 4

Countries ranked near Bosnia and Herzegovina

  1. 65 Singapore 6.91 % change on previous year compare
  2. 66 Ecuador 6.73 % change on previous year compare
  3. 67 Senegal 6.62 % change on previous year compare
  4. 69 Togo 6.41 % change on previous year compare
  5. 70 Fiji 6.38 % change on previous year compare
  6. 71 Lebanon 6.37 % change on previous year compare

See the full ranking of 172 places →

More reference data data for Bosnia and Herzegovina

All data for Bosnia and Herzegovina →

Frequently asked questions

What is military spending, annual growth rate in Bosnia and Herzegovina?
Military spending, annual growth rate in Bosnia and Herzegovina was 6.42 % change on previous year in 2023, according to Statizoid (derived).
What is the highest military spending, annual growth rate recorded in Bosnia and Herzegovina?
The highest recorded value was 45.13 % change on previous year in 1993.
What is the lowest military spending, annual growth rate recorded in Bosnia and Herzegovina?
The lowest recorded value was -52.65 % change on previous year in 1995.
How does Bosnia and Herzegovina rank for military spending, annual growth rate?
Bosnia and Herzegovina ranks 68th out of 172 countries with data for 2023.
Is military spending, annual growth rate rising or falling in Bosnia and Herzegovina?
Over the last ten years it is up 352.7%. The long-run trend across the full record is volatile.
Where does this Bosnia and Herzegovina data come from?
The figures come from Statizoid (derived), published as part of Military spending, annual growth rate. Statizoid updates them automatically from the source API.

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Military spending, annual growth rate in Bosnia and Herzegovina. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-annual-growth-rate-2/bosnia-and-herzegovina/

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How this figure is calculated

The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Military spending, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
172 places, 15,188 data points, 1817–2023
Last refreshed

The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.