Military spending gmsd in Bosnia and Herzegovina

Bosnia and Herzegovina: Military spending gmsd was 230.14 million in 2023. ◆ Volatile

Latest (2023)
230.14 million
Change on year
up 6.4%
World rank
132nd
of 172 countries
All-time high
1.49 billion
in 1994
All-time low
201.28 million
in 2016
Years of data
32
1992–2023

Military spending gmsd in Bosnia and Herzegovina, 1992–2023

0500.0M1.0B1.5B1992200720231992: 1.0B1993: 1.5B1994: 1.5B1995: 705.5M1996: 509.2M1997: 504.9M1998: 508.5M1999: 459.4M2000: 320.4M2001: 258.8M2002: 283.0M2003: 249.8M2004: 255.9M2005: 248.5M2006: 232.0M2007: 261.2M2008: 283.6M2009: 269.2M2010: 263.6M2011: 265.3M2012: 247.0M2013: 240.7M2014: 230.1M2015: 214.6M2016: 201.3M2017: 213.9M2018: 208.3M2019: 213.4M2020: 211.1M2021: 208.2M2022: 216.3M2023: 230.1M

Source: Our World in Data.

Analysis

Bosnia and Herzegovina recorded 230.14 million for military spending gmsd in 2023.

The figure is up 6.4% on the previous year and down 4.4% over ten years.

Over the whole period, military spending gmsd in Bosnia and Herzegovina peaked at 1.49 billion in 1994 and was at its lowest, 201.28 million, in 2016.

That places Bosnia and Herzegovina 132nd out of 172 countries with data for 2023, putting it in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 830.64 million 459.41 million 1.49 billion 8
2000s 266.25 million 232.04 million 320.43 million 10
2010s 229.82 million 201.28 million 265.26 million 10
2020s 216.41 million 208.19 million 230.14 million 4

Countries ranked near Bosnia and Herzegovina

  1. 129 Mauritania 293.81 million compare
  2. 130 Jamaica 278.59 million compare
  3. 131 North Macedonia 276.30 million compare
  4. 133 Rwanda 218.10 million compare
  5. 134 Equatorial Guinea 195.85 million compare
  6. 135 Tajikistan 177.78 million 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 gmsd in Bosnia and Herzegovina?
Military spending gmsd in Bosnia and Herzegovina was 230.14 million in 2023, according to Our World in Data.
What is the highest military spending gmsd recorded in Bosnia and Herzegovina?
The highest recorded value was 1.49 billion in 1994.
What is the lowest military spending gmsd recorded in Bosnia and Herzegovina?
The lowest recorded value was 201.28 million in 2016.
How does Bosnia and Herzegovina rank for military spending gmsd?
Bosnia and Herzegovina ranks 132nd out of 172 countries with data for 2023.
Is military spending gmsd rising or falling in Bosnia and Herzegovina?
Over the last ten years it is down 4.4%. The long-run trend across the full record is volatile.
Where does this Bosnia and Herzegovina data come from?
The figures come from Our World in Data, published as part of Military spending gmsd. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Military spending gmsd
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed