Military spending in North Macedonia

North Macedonia: Military spending was 276.30 million constant 2022 US$ in 2023. ▲ Rising

Latest (2023)
276.30 million constant 2022 US$
Change on year
up 7.3%
World rank
131st
of 172 countries
All-time high
276.30 million constant 2022 US$
in 2023
All-time low
57.65 million constant 2022 US$
in 1993
Years of data
31
1993–2023

Military spending in North Macedonia, 1993–2023

50.0M100.0M150.0M200.0M250.0M300.0M1993200820231993: 57.7M constant 2022 US$1994: 64.8M constant 2022 US$1995: 88.3M constant 2022 US$1996: 117.7M constant 2022 US$1997: 125.3M constant 2022 US$1998: 119.9M constant 2022 US$1999: 115.4M constant 2022 US$2000: 135.9M constant 2022 US$2001: 193.0M constant 2022 US$2002: 184.5M constant 2022 US$2003: 195.2M constant 2022 US$2004: 190.4M constant 2022 US$2005: 174.6M constant 2022 US$2006: 178.2M constant 2022 US$2007: 197.8M constant 2022 US$2008: 212.7M constant 2022 US$2009: 188.1M constant 2022 US$2010: 164.7M constant 2022 US$2011: 153.0M constant 2022 US$2012: 148.8M constant 2022 US$2013: 154.3M constant 2022 US$2014: 147.1M constant 2022 US$2015: 133.6M constant 2022 US$2016: 127.8M constant 2022 US$2017: 144.1M constant 2022 US$2018: 159.4M constant 2022 US$2019: 189.7M constant 2022 US$2020: 210.0M constant 2022 US$2021: 241.3M constant 2022 US$2022: 257.5M constant 2022 US$2023: 276.3M constant 2022 US$

Source: Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in constant 2022 US$.

Analysis

In 2023, military spending in North Macedonia stood at 276.30 million constant 2022 US$. That is the highest value across all 31 years on record.

That represents a change of up 7.3% on the previous year and up 79.1% over ten years.

Over the whole period, military spending in North Macedonia peaked at 276.30 million constant 2022 US$ in 2023 and was at its lowest, 57.65 million constant 2022 US$, in 1993.

That places North Macedonia 131st out of 172 countries with data for 2023, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 31 years of available data.

Military spending in North Macedonia, year by year

Annual values for Military spending in North Macedonia, 1993 to 2023.
Year constant 2022 US$ Change
1993 57.65 million constant 2022 US$
1994 64.80 million constant 2022 US$ +12.4%
1995 88.27 million constant 2022 US$ +36.2%
1996 117.68 million constant 2022 US$ +33.3%
1997 125.35 million constant 2022 US$ +6.5%
1998 119.92 million constant 2022 US$ -4.3%
1999 115.41 million constant 2022 US$ -3.8%
2000 135.87 million constant 2022 US$ +17.7%
2001 193.04 million constant 2022 US$ +42.1%
2002 184.52 million constant 2022 US$ -4.4%
2003 195.20 million constant 2022 US$ +5.8%
2004 190.39 million constant 2022 US$ -2.5%
2005 174.62 million constant 2022 US$ -8.3%
2006 178.19 million constant 2022 US$ +2.0%
2007 197.83 million constant 2022 US$ +11.0%
2008 212.66 million constant 2022 US$ +7.5%
2009 188.06 million constant 2022 US$ -11.6%
2010 164.73 million constant 2022 US$ -12.4%
2011 152.97 million constant 2022 US$ -7.1%
2012 148.80 million constant 2022 US$ -2.7%
2013 154.30 million constant 2022 US$ +3.7%
2014 147.08 million constant 2022 US$ -4.7%
2015 133.62 million constant 2022 US$ -9.1%
2016 127.76 million constant 2022 US$ -4.4%
2017 144.12 million constant 2022 US$ +12.8%
2018 159.41 million constant 2022 US$ +10.6%
2019 189.69 million constant 2022 US$ +19.0%
2020 209.96 million constant 2022 US$ +10.7%
2021 241.31 million constant 2022 US$ +14.9%
2022 257.54 million constant 2022 US$ +6.7%
2023 276.30 million constant 2022 US$ +7.3%

North Macedonia compared with similar countries

  • North Macedonia's 276.30 million constant 2022 US$ is below the median for upper middle income countries, which is 1.25 billion constant 2022 US$, 22% of the median. (49 countries reporting)
  • North Macedonia's 276.30 million constant 2022 US$ is below the median for Europe & Central Asia, which is 2.44 billion constant 2022 US$, 11% of the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 98.44 million constant 2022 US$ 57.65 million constant 2022 US$ 125.35 million constant 2022 US$ 7
2000s 185.04 million constant 2022 US$ 135.87 million constant 2022 US$ 212.66 million constant 2022 US$ 10
2010s 152.25 million constant 2022 US$ 127.76 million constant 2022 US$ 189.69 million constant 2022 US$ 10
2020s 246.28 million constant 2022 US$ 209.96 million constant 2022 US$ 276.30 million constant 2022 US$ 4

Countries ranked near North Macedonia

  1. 128 Lebanon 307.11 million constant 2022 US$ compare
  2. 129 Mauritania 293.81 million constant 2022 US$ compare
  3. 130 Jamaica 278.59 million constant 2022 US$ compare
  4. 132 Bosnia and Herzegovina 230.14 million constant 2022 US$ compare
  5. 133 Rwanda 218.10 million constant 2022 US$ compare
  6. 134 Equatorial Guinea 195.85 million constant 2022 US$ compare

See the full ranking of 172 places →

More reference data data for North Macedonia

All data for North Macedonia →

Frequently asked questions

What is military spending in North Macedonia?
Military spending in North Macedonia was 276.30 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 North Macedonia?
The highest recorded value was 276.30 million constant 2022 US$ in 2023.
What is the lowest military spending recorded in North Macedonia?
The lowest recorded value was 57.65 million constant 2022 US$ in 1993.
How does North Macedonia rank for military spending?
North Macedonia ranks 131st out of 172 countries with data for 2023.
Is military spending rising or falling in North Macedonia?
Over the last ten years it is up 79.1%. The long-run trend across the full record is rising.
Where does this North Macedonia 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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Military spending in North Macedonia. Statizoid, drawing on Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Retrieved 23 September 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/north-macedonia/

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About this data

Indicator
Military spending
Unit
constant 2022 US$
Source
Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed

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.