Military spending, gaps filled in Montenegro

Montenegro: Military spending, gaps filled was 162.78 million constant 2024 US$ in 2025. ▲ Rising

Latest (2025)
162.78 million constant 2024 US$
Change on year
up 8.4%
World rank
133rd
of 162 countries
All-time high
162.78 million constant 2024 US$
in 2025
All-time low
72.60 million constant 2024 US$
in 2013
Years of data
21
2005–2025

Military spending, gaps filled in Montenegro, 2005–2025

050.0M100.0M150.0M2005201520252005: 97.4M constant 2024 US$2006: 96.2M constant 2024 US$2007: 87.0M constant 2024 US$2008: 99.1M constant 2024 US$2009: 91.0M constant 2024 US$2010: 92.8M constant 2024 US$2011: 90.4M constant 2024 US$2012: 80.1M constant 2024 US$2013: 72.6M constant 2024 US$2014: 76.2M constant 2024 US$2015: 75.6M constant 2024 US$2016: 82.5M constant 2024 US$2017: 84.6M constant 2024 US$2018: 89.9M constant 2024 US$2019: 92.6M constant 2024 US$2020: 102.3M constant 2024 US$2021: 105.8M constant 2024 US$2022: 113.5M constant 2024 US$2023: 118.3M constant 2024 US$2024: 150.1M constant 2024 US$2025: 162.8M constant 2024 US$

Source: Statizoid (derived). Measured in constant 2024 US$.

Analysis

The most recent figure for military spending, gaps filled in Montenegro is 162.78 million constant 2024 US$, measured in 2025. That is the highest value across all 21 years on record.

That represents a change of up 8.4% on the previous year and up 115.2% over ten years.

Over the whole period, military spending, gaps filled in Montenegro peaked at 162.78 million constant 2024 US$ in 2025 and was at its lowest, 72.60 million constant 2024 US$, in 2013.

That places Montenegro 133rd out of 162 countries with data for 2025, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 21 years of available data.

Military spending, gaps filled in Montenegro, year by year

Annual values for Military spending, gaps filled in Montenegro, 2005 to 2025.
Year constant 2024 US$ Change
2005 97.39 million constant 2024 US$
2006 96.17 million constant 2024 US$ -1.3%
2007 86.97 million constant 2024 US$ -9.6%
2008 99.06 million constant 2024 US$ +13.9%
2009 90.96 million constant 2024 US$ -8.2%
2010 92.83 million constant 2024 US$ +2.0%
2011 90.36 million constant 2024 US$ -2.7%
2012 80.08 million constant 2024 US$ -11.4%
2013 72.60 million constant 2024 US$ -9.3%
2014 76.23 million constant 2024 US$ +5.0%
2015 75.64 million constant 2024 US$ -0.8%
2016 82.51 million constant 2024 US$ +9.1%
2017 84.61 million constant 2024 US$ +2.5%
2018 89.87 million constant 2024 US$ +6.2%
2019 92.65 million constant 2024 US$ +3.1%
2020 102.28 million constant 2024 US$ +10.4%
2021 105.80 million constant 2024 US$ +3.4%
2022 113.46 million constant 2024 US$ +7.2%
2023 118.29 million constant 2024 US$ +4.3%
2024 150.13 million constant 2024 US$ +26.9%
2025 162.78 million constant 2024 US$ +8.4%

Montenegro compared with similar countries

  • Montenegro's 162.78 million constant 2024 US$ is below the median for upper middle income countries, which is 1.62 billion constant 2024 US$, 10% of the median. (46 countries reporting)
  • Montenegro's 162.78 million constant 2024 US$ is below the median for Europe & Central Asia, which is 2.80 billion constant 2024 US$, 6% of the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 94.11 million constant 2024 US$ 86.97 million constant 2024 US$ 99.06 million constant 2024 US$ 5
2010s 83.74 million constant 2024 US$ 72.60 million constant 2024 US$ 92.83 million constant 2024 US$ 10
2020s 125.46 million constant 2024 US$ 102.28 million constant 2024 US$ 162.78 million constant 2024 US$ 6

Countries ranked near Montenegro

  1. 130 Congo 189.68 million constant 2024 US$ compare
  2. 131 Turkmenistan 188.18 million constant 2024 US$
  3. 132 Burundi 169.28 million constant 2024 US$ compare
  4. 134 Zimbabwe 133.49 million constant 2024 US$ compare
  5. 135 Malawi 127.88 million constant 2024 US$ compare
  6. 136 Malta 116.81 million constant 2024 US$ compare

See the full ranking of 162 places →

More reference data data for Montenegro

All data for Montenegro →

Frequently asked questions

What is military spending, gaps filled in Montenegro?
Military spending, gaps filled in Montenegro was 162.78 million constant 2024 US$ in 2025, according to Statizoid (derived).
What is the highest military spending, gaps filled recorded in Montenegro?
The highest recorded value was 162.78 million constant 2024 US$ in 2025.
What is the lowest military spending, gaps filled recorded in Montenegro?
The lowest recorded value was 72.60 million constant 2024 US$ in 2013.
How does Montenegro rank for military spending, gaps filled?
Montenegro ranks 133rd out of 162 countries with data for 2025.
Is military spending, gaps filled rising or falling in Montenegro?
Over the last ten years it is up 115.2%. The long-run trend across the full record is rising.
Where does this Montenegro data come from?
The figures come from Statizoid (derived), published as part of Military spending, gaps filled. Statizoid updates them automatically from the source API.

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Military spending, gaps filled in Montenegro. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-gaps-filled/montenegro/

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How this figure is calculated

Military spending with 108 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.

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, gaps filled
Unit
constant 2024 US$
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
162 places, 8,449 data points, 1949–2025
Last refreshed

Military spending with 108 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.