Military spending, gaps filled in Serbia
Serbia: Military spending, gaps filled was 2.55 billion constant 2024 US$ in 2025. ▲ Rising
Military spending, gaps filled in Serbia, 1996–2025
Source: Statizoid (derived). Measured in constant 2024 US$.
Analysis
The most recent figure for military spending, gaps filled in Serbia is 2.55 billion constant 2024 US$, measured in 2025. That is the highest value across all 30 years on record.
Compared with earlier readings it is up 6.3% on the previous year and up 140.5% over ten years.
Over the whole period, military spending, gaps filled in Serbia peaked at 2.55 billion constant 2024 US$ in 2025 and was at its lowest, 1.06 billion constant 2024 US$, in 2015.
That places Serbia 63rd out of 162 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Military spending, gaps filled in Serbia, year by year
| Year | constant 2024 US$ | Change |
|---|---|---|
| 1996 | 1.45 billion constant 2024 US$ | — |
| 1997 | 1.61 billion constant 2024 US$ | +11.0% |
| 1998 | 1.47 billion constant 2024 US$ | -8.5% |
| 1999 | 1.38 billion constant 2024 US$ | -6.3% |
| 2000 | 2.00 billion constant 2024 US$ | +44.7% |
| 2001 | 1.59 billion constant 2024 US$ | -20.4% |
| 2002 | 1.76 billion constant 2024 US$ | +10.6% |
| 2003 | 1.54 billion constant 2024 US$ | -12.4% |
| 2004 | 1.42 billion constant 2024 US$ | -7.6% |
| 2005 | 1.19 billion constant 2024 US$ | -16.2% |
| 2006 | 1.20 billion constant 2024 US$ | +0.9% |
| 2007 | 1.36 billion constant 2024 US$ | +12.8% |
| 2008 | 1.32 billion constant 2024 US$ | -3.0% |
| 2009 | 1.30 billion constant 2024 US$ | -1.7% |
| 2010 | 1.26 billion constant 2024 US$ | -3.0% |
| 2011 | 1.21 billion constant 2024 US$ | -4.0% |
| 2012 | 1.18 billion constant 2024 US$ | -2.0% |
| 2013 | 1.15 billion constant 2024 US$ | -3.1% |
| 2014 | 1.15 billion constant 2024 US$ | +0.2% |
| 2015 | 1.06 billion constant 2024 US$ | -7.5% |
| 2016 | 1.20 billion constant 2024 US$ | +13.3% |
| 2017 | 1.16 billion constant 2024 US$ | -3.4% |
| 2018 | 1.40 billion constant 2024 US$ | +20.4% |
| 2019 | 1.59 billion constant 2024 US$ | +13.9% |
| 2020 | 1.68 billion constant 2024 US$ | +5.3% |
| 2021 | 2.18 billion constant 2024 US$ | +30.3% |
| 2022 | 1.76 billion constant 2024 US$ | -19.4% |
| 2023 | 1.88 billion constant 2024 US$ | +6.9% |
| 2024 | 2.40 billion constant 2024 US$ | +27.6% |
| 2025 | 2.55 billion constant 2024 US$ | +6.3% |
Serbia compared with similar countries
- Serbia's 2.55 billion constant 2024 US$ is above the median for upper middle income countries, which is 1.62 billion constant 2024 US$, 1.6× the median. (46 countries reporting)
- Serbia's 2.55 billion constant 2024 US$ is below the median for Europe & Central Asia, which is 2.80 billion constant 2024 US$, 91% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.48 billion constant 2024 US$ | 1.38 billion constant 2024 US$ | 1.61 billion constant 2024 US$ | 4 |
| 2000s | 1.47 billion constant 2024 US$ | 1.19 billion constant 2024 US$ | 2.00 billion constant 2024 US$ | 10 |
| 2010s | 1.24 billion constant 2024 US$ | 1.06 billion constant 2024 US$ | 1.59 billion constant 2024 US$ | 10 |
| 2020s | 2.08 billion constant 2024 US$ | 1.68 billion constant 2024 US$ | 2.55 billion constant 2024 US$ | 6 |
Countries ranked near Serbia
More reference data data for Serbia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.6055 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.3321 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 3.36 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.3467 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 3.36 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 2.03 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.29 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.44 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 15.2 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.89 (2050)
Frequently asked questions
- What is military spending, gaps filled in Serbia?
- Military spending, gaps filled in Serbia was 2.55 billion constant 2024 US$ in 2025, according to Statizoid (derived).
- What is the highest military spending, gaps filled recorded in Serbia?
- The highest recorded value was 2.55 billion constant 2024 US$ in 2025.
- What is the lowest military spending, gaps filled recorded in Serbia?
- The lowest recorded value was 1.06 billion constant 2024 US$ in 2015.
- How does Serbia rank for military spending, gaps filled?
- Serbia ranks 63rd out of 162 countries with data for 2025.
- Is military spending, gaps filled rising or falling in Serbia?
- Over the last ten years it is up 140.5%. The long-run trend across the full record is rising.
- Where does this Serbia 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.
Download this data
CSV · JSON — 30 observations, free to reuse under Derived by Statizoid from the sources named on the page.
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
- Military spending Stockholm International Peace Research Institute (2026) – 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
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.