Military spending, annual growth rate in Montenegro
Montenegro: Military spending, annual growth rate was 6.01 % change on previous year in 2023. ◆ Volatile
Military spending, annual growth rate in Montenegro, 2007–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, military spending, annual growth rate in Montenegro stood at 6.01 % change on previous year.
The figure is up 26.3% on the previous year and up 31.2% over ten years.
Over the whole period, military spending, annual growth rate in Montenegro peaked at 11.71 % change on previous year in 2008 and was at its lowest, -12.18 % change on previous year, in 2012.
Montenegro ranks 76th of 172 countries on this measure, 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 Montenegro, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2007 | 5.92 % change on previous year | — |
| 2008 | 11.71 % change on previous year | +97.8% |
| 2009 | -3.23 % change on previous year | -127.6% |
| 2010 | 0.9111 % change on previous year | -128.2% |
| 2011 | -3.47 % change on previous year | -480.6% |
| 2012 | -12.18 % change on previous year | +251.3% |
| 2013 | 4.59 % change on previous year | -137.6% |
| 2014 | 11.33 % change on previous year | +147.0% |
| 2015 | -5.06 % change on previous year | -144.7% |
| 2016 | 4.43 % change on previous year | -187.5% |
| 2017 | 9.26 % change on previous year | +109.0% |
| 2018 | 6.49 % change on previous year | -29.9% |
| 2019 | 2.82 % change on previous year | -56.5% |
| 2020 | 6.26 % change on previous year | +121.5% |
| 2021 | 5.35 % change on previous year | -14.6% |
| 2022 | 4.76 % change on previous year | -10.9% |
| 2023 | 6.01 % change on previous year | +26.3% |
Montenegro compared with similar countries
- Montenegro's 6.01 % 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)
- Montenegro's 6.01 % change on previous year is below the median for Europe & Central Asia, which is 7.48 % change on previous year, 80% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.8 % change on previous year | -3.23 % change on previous year | 11.71 % change on previous year | 3 |
| 2010s | 1.91 % change on previous year | -12.18 % change on previous year | 11.33 % change on previous year | 10 |
| 2020s | 5.59 % change on previous year | 4.76 % change on previous year | 6.26 % change on previous year | 4 |
Countries ranked near Montenegro
- 73 Nepal 6.07 % change on previous year compare
- 74 Slovakia 6.07 % change on previous year compare
- 75 Switzerland 6.06 % change on previous year compare
- 77 Liberia 6 % change on previous year compare
- 78 Slovenia 5.95 % change on previous year compare
- 79 Cape Verde 5.71 % change on previous year compare
More reference data data for Montenegro
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0413 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0412 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.095 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0009 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.095 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.1384 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.1046 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.1738 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.4689 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0049 (2050)
Frequently asked questions
- What is military spending, annual growth rate in Montenegro?
- Military spending, annual growth rate in Montenegro was 6.01 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest military spending, annual growth rate recorded in Montenegro?
- The highest recorded value was 11.71 % change on previous year in 2008.
- What is the lowest military spending, annual growth rate recorded in Montenegro?
- The lowest recorded value was -12.18 % change on previous year in 2012.
- How does Montenegro rank for military spending, annual growth rate?
- Montenegro ranks 76th out of 172 countries with data for 2023.
- Is military spending, annual growth rate rising or falling in Montenegro?
- Over the last ten years it is up 31.2%. The long-run trend across the full record is volatile.
- Where does this Montenegro 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.
Download this data
CSV · JSON — 17 observations, free to reuse under Derived by Statizoid from the sources named on the page.
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
- Military spending Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data
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
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.