Military spending in Montenegro
Montenegro: Military spending was 120.89 million constant 2022 US$ in 2023. ▲ Rising
Military spending in Montenegro, 2006–2023
Source: Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in constant 2022 US$.
Analysis
Montenegro recorded 120.89 million constant 2022 US$ for military spending in 2023. That is the highest value across all 18 years on record.
The figure is up 6.0% on the previous year and up 64.2% over ten years.
Over the whole period, military spending in Montenegro peaked at 120.89 million constant 2022 US$ in 2023 and was at its lowest, 70.41 million constant 2022 US$, in 2012.
That places Montenegro 143rd out of 172 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 18 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 78.85 million constant 2022 US$ | 71.89 million constant 2022 US$ | 85.06 million constant 2022 US$ | 4 |
| 2010s | 82.90 million constant 2022 US$ | 70.41 million constant 2022 US$ | 97.25 million constant 2022 US$ | 10 |
| 2020s | 111.78 million constant 2022 US$ | 103.33 million constant 2022 US$ | 120.89 million constant 2022 US$ | 4 |
Countries ranked near Montenegro
- 140 Benin 140.87 million constant 2022 US$ compare
- 141 Burundi 136.95 million constant 2022 US$ compare
- 142 Madagascar 124.17 million constant 2022 US$ compare
- 145 Bahamas 118.22 million constant 2022 US$ compare
- 146 Papua New Guinea 116.43 million constant 2022 US$ compare
More reference data data for Montenegro
- Spring temperature anomalies 1.24 °C (2026)
- Summer temperature anomalies 2.19 °C (2026)
- Temperature anomalies by month 1.49 °C (2026)
- Universal right to vote in practice 2 (2025)
- Autumn temperature anomalies 1.86 °C (2025)
- Winter temperature anomalies 1.45 °C (2025)
- Consumer price index 157.16 2010 = 100 (2025)
- Universal right to vote 2 (2025)
- Competitive elections 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is military spending in Montenegro?
- Military spending in Montenegro was 120.89 million constant 2022 US$ in 2023, according to Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data.
- What is the highest military spending recorded in Montenegro?
- The highest recorded value was 120.89 million constant 2022 US$ in 2023.
- What is the lowest military spending recorded in Montenegro?
- The lowest recorded value was 70.41 million constant 2022 US$ in 2012.
- How does Montenegro rank for military spending?
- Montenegro ranks 143rd out of 172 countries with data for 2023.
- Is military spending rising or falling in Montenegro?
- Over the last ten years it is up 64.2%. The long-run trend across the full record is rising.
- Where does this Montenegro data come from?
- The figures come from Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.
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About this data
This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.