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.

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.

Download this data

CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (Our World in Data).

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.