Military spending, annual growth rate in Serbia

Serbia: Military spending, annual growth rate was 2.81 % change on previous year in 2020. ◆ Volatile

Latest (2020)
2.81 % change on previous year
Change on year
down 90.4%
World rank
120th
of 172 countries
All-time high
176.56 % change on previous year
in 1915
All-time low
-40.01 % change on previous year
in 1914
Years of data
50
1879–2020

Military spending, annual growth rate in Serbia, 1879–2020

-50050100150200187919492020

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

Analysis

In 2020, military spending, annual growth rate in Serbia stood at 2.81 % change on previous year.

That represents a change of down 90.4% on the previous year and up 148.3% over ten years.

Over the whole period, military spending, annual growth rate in Serbia peaked at 176.56 % change on previous year in 1915 and was at its lowest, -40.01 % change on previous year, in 1914.

That places Serbia 120th out of 172 countries with data for 2020, 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 Serbia, year by year

Annual values for Military spending, annual growth rate in Serbia, 1879 to 2020.
Year % change on previous year Change
1879 2.98 % change on previous year
1880 1.41 % change on previous year -52.6%
1881 5.31 % change on previous year +275.8%
1882 24.29 % change on previous year +357.8%
1883 10.33 % change on previous year -57.5%
1884 18.87 % change on previous year +82.8%
1885 -0.7873 % change on previous year -104.2%
1886 2.63 % change on previous year -434.0%
1887 -5.32 % change on previous year -302.3%
1888 1.58 % change on previous year -129.6%
1889 -5.18 % change on previous year -428.7%
1890 1.58 % change on previous year -130.5%
1891 -11.76 % change on previous year -843.5%
1892 9.85 % change on previous year -183.8%
1893 -3.42 % change on previous year -134.7%
1894 13.25 % change on previous year -487.8%
1895 6.81 % change on previous year -48.6%
1896 8.6 % change on previous year +26.3%
1897 9.32 % change on previous year +8.4%
1898 5.25 % change on previous year -43.6%
1899 8.48 % change on previous year +61.4%
1900 3.65 % change on previous year -56.9%
1901 -5.32 % change on previous year -245.5%
1902 5.5 % change on previous year -203.5%
1903 3.39 % change on previous year -38.4%
1904 0.9965 % change on previous year -70.6%
1905 4.72 % change on previous year +374.0%
1906 -2.35 % change on previous year -149.8%
1907 4.27 % change on previous year -281.5%
1908 1.59 % change on previous year -62.7%
1909 11.66 % change on previous year +632.3%
1910 0.7589 % change on previous year -93.5%
1911 3.37 % change on previous year +344.7%
1912 3.82 % change on previous year +13.2%
1913 5.03 % change on previous year +31.8%
1914 -40.01 % change on previous year -894.6%
1915 176.56 % change on previous year -541.3%
2008 -1.13 % change on previous year -100.6%
2009 -7.11 % change on previous year +529.8%
2010 -5.82 % change on previous year -18.2%
2011 -0.1882 % change on previous year -96.8%
2012 -6.87 % change on previous year +3551.0%
2013 -9.52 % change on previous year +38.5%
2014 -6.81 % change on previous year -28.5%
2015 -15.64 % change on previous year +129.7%
2016 -1.88 % change on previous year -88.0%
2017 15.93 % change on previous year -945.7%
2018 17.32 % change on previous year +8.7%
2019 29.19 % change on previous year +68.5%
2020 2.81 % change on previous year -90.4%

Serbia compared with similar countries

  • Serbia's 2.81 % change on previous year is below the median for upper middle income countries, which is 5.16 % change on previous year, 55% of the median. (49 countries reporting)
  • Serbia's 2.81 % change on previous year is below the median for Europe & Central Asia, which is 7.48 % change on previous year, 38% of the median. (48 countries reporting)

Biggest year-on-year movements

Years where Military spending, annual growth rate in Serbia 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
2012 -3551.0% -0.1882 % change on previous year -6.87 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1870s 2.98 % change on previous year 2.98 % change on previous year 2.98 % change on previous year 1
1880s 5.31 % change on previous year -5.32 % change on previous year 24.29 % change on previous year 10
1890s 4.8 % change on previous year -11.76 % change on previous year 13.25 % change on previous year 10
1900s 2.81 % change on previous year -5.32 % change on previous year 11.66 % change on previous year 10
1910s 24.92 % change on previous year -40.01 % change on previous year 176.56 % change on previous year 6
2000s -4.12 % change on previous year -7.11 % change on previous year -1.13 % change on previous year 2
2010s 1.57 % change on previous year -15.64 % change on previous year 29.19 % change on previous year 10
2020s 2.81 % change on previous year 2.81 % change on previous year 2.81 % change on previous year 1

Countries ranked near Serbia

  1. 117 Congo 3.19 % change on previous year compare
  2. 118 Jamaica 3.05 % change on previous year compare
  3. 119 Trinidad and Tobago 2.96 % change on previous year compare
  4. 121 Botswana 2.8 % change on previous year compare
  5. 122 United States 2.72 % change on previous year compare
  6. 123 Philippines 2.68 % change on previous year compare

See the full ranking of 172 places →

More reference data data for Serbia

All data for Serbia →

Frequently asked questions

What is military spending, annual growth rate in Serbia?
Military spending, annual growth rate in Serbia was 2.81 % change on previous year in 2020, according to Statizoid (derived).
What is the highest military spending, annual growth rate recorded in Serbia?
The highest recorded value was 176.56 % change on previous year in 1915.
What is the lowest military spending, annual growth rate recorded in Serbia?
The lowest recorded value was -40.01 % change on previous year in 1914.
How does Serbia rank for military spending, annual growth rate?
Serbia ranks 120th out of 172 countries with data for 2020.
Is military spending, annual growth rate rising or falling in Serbia?
Over the last ten years it is up 148.3%. The long-run trend across the full record is volatile.
Where does this Serbia 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 Serbia. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-annual-growth-rate-2/serbia/

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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.