Military spending in Serbia
Serbia: Military spending was 1.25 billion constant 2022 US$ in 2020. ◆ Volatile
Latest (2020)
1.25 billion constant 2022 US$
Change on year
up 2.8%
World rank
81st
of 172 countries
All-time high
1.25 billion constant 2022 US$
in 2020
All-time low
35.71 million constant 2022 US$
in 1878
Years of data
52
1878–2020
Military spending in Serbia, 1878–2020
Source: Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in constant 2022 US$.
Analysis
Serbia recorded 1.25 billion constant 2022 US$ for military spending in 2020. That is the highest value across all 52 years on record.
Compared with earlier readings it is up 2.8% on the previous year and up 17.2% over ten years.
Over the whole period, military spending in Serbia peaked at 1.25 billion constant 2022 US$ in 2020 and was at its lowest, 35.71 million constant 2022 US$, in 1878.
Serbia ranks 81st of 172 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Military spending in Serbia, year by year
| Year | constant 2022 US$ | Change |
|---|---|---|
| 1878 | 35.71 million constant 2022 US$ | — |
| 1879 | 36.78 million constant 2022 US$ | +3.0% |
| 1880 | 37.30 million constant 2022 US$ | +1.4% |
| 1881 | 39.28 million constant 2022 US$ | +5.3% |
| 1882 | 48.82 million constant 2022 US$ | +24.3% |
| 1883 | 53.86 million constant 2022 US$ | +10.3% |
| 1884 | 64.02 million constant 2022 US$ | +18.9% |
| 1885 | 63.51 million constant 2022 US$ | -0.8% |
| 1886 | 65.18 million constant 2022 US$ | +2.6% |
| 1887 | 61.72 million constant 2022 US$ | -5.3% |
| 1888 | 62.69 million constant 2022 US$ | +1.6% |
| 1889 | 59.44 million constant 2022 US$ | -5.2% |
| 1890 | 60.38 million constant 2022 US$ | +1.6% |
| 1891 | 53.28 million constant 2022 US$ | -11.8% |
| 1892 | 58.53 million constant 2022 US$ | +9.8% |
| 1893 | 56.53 million constant 2022 US$ | -3.4% |
| 1894 | 64.02 million constant 2022 US$ | +13.2% |
| 1895 | 68.38 million constant 2022 US$ | +6.8% |
| 1896 | 74.26 million constant 2022 US$ | +8.6% |
| 1897 | 81.18 million constant 2022 US$ | +9.3% |
| 1898 | 85.45 million constant 2022 US$ | +5.3% |
| 1899 | 92.69 million constant 2022 US$ | +8.5% |
| 1900 | 96.08 million constant 2022 US$ | +3.7% |
| 1901 | 90.97 million constant 2022 US$ | -5.3% |
| 1902 | 95.98 million constant 2022 US$ | +5.5% |
| 1903 | 99.23 million constant 2022 US$ | +3.4% |
| 1904 | 100.22 million constant 2022 US$ | +1.0% |
| 1905 | 104.95 million constant 2022 US$ | +4.7% |
| 1906 | 102.49 million constant 2022 US$ | -2.4% |
| 1907 | 106.86 million constant 2022 US$ | +4.3% |
| 1908 | 108.56 million constant 2022 US$ | +1.6% |
| 1909 | 121.23 million constant 2022 US$ | +11.7% |
| 1910 | 122.15 million constant 2022 US$ | +0.8% |
| 1911 | 126.27 million constant 2022 US$ | +3.4% |
| 1912 | 131.09 million constant 2022 US$ | +3.8% |
| 1913 | 137.69 million constant 2022 US$ | +5.0% |
| 1914 | 82.61 million constant 2022 US$ | -40.0% |
| 1915 | 228.46 million constant 2022 US$ | +176.6% |
| 2007 | 1.23 billion constant 2022 US$ | +440.5% |
| 2008 | 1.22 billion constant 2022 US$ | -1.1% |
| 2009 | 1.13 billion constant 2022 US$ | -7.1% |
| 2010 | 1.07 billion constant 2022 US$ | -5.8% |
| 2011 | 1.07 billion constant 2022 US$ | -0.2% |
| 2012 | 992.79 million constant 2022 US$ | -6.9% |
| 2013 | 898.30 million constant 2022 US$ | -9.5% |
| 2014 | 837.16 million constant 2022 US$ | -6.8% |
| 2015 | 706.27 million constant 2022 US$ | -15.6% |
| 2016 | 692.96 million constant 2022 US$ | -1.9% |
| 2017 | 803.36 million constant 2022 US$ | +15.9% |
| 2018 | 942.47 million constant 2022 US$ | +17.3% |
| 2019 | 1.22 billion constant 2022 US$ | +29.2% |
| 2020 | 1.25 billion constant 2022 US$ | +2.8% |
Serbia compared with similar countries
- Serbia's 1.25 billion constant 2022 US$ is above the median for upper middle income countries, which is 1.25 billion constant 2022 US$, 1.0× the median. (49 countries reporting)
- Serbia's 1.25 billion constant 2022 US$ is below the median for Europe & Central Asia, which is 2.44 billion constant 2022 US$, 51% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Military spending in Serbia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | +440.5% | 228.46 million constant 2022 US$ | 1.23 billion constant 2022 US$ |
| 1915 | +176.6% | 82.61 million constant 2022 US$ | 228.46 million constant 2022 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1870s | 36.24 million constant 2022 US$ | 35.71 million constant 2022 US$ | 36.78 million constant 2022 US$ | 2 |
| 1880s | 55.58 million constant 2022 US$ | 37.30 million constant 2022 US$ | 65.18 million constant 2022 US$ | 10 |
| 1890s | 69.47 million constant 2022 US$ | 53.28 million constant 2022 US$ | 92.69 million constant 2022 US$ | 10 |
| 1900s | 102.66 million constant 2022 US$ | 90.97 million constant 2022 US$ | 121.23 million constant 2022 US$ | 10 |
| 1910s | 138.04 million constant 2022 US$ | 82.61 million constant 2022 US$ | 228.46 million constant 2022 US$ | 6 |
| 2000s | 1.20 billion constant 2022 US$ | 1.13 billion constant 2022 US$ | 1.23 billion constant 2022 US$ | 3 |
| 2010s | 922.49 million constant 2022 US$ | 692.96 million constant 2022 US$ | 1.22 billion constant 2022 US$ | 10 |
| 2020s | 1.25 billion constant 2022 US$ | 1.25 billion constant 2022 US$ | 1.25 billion constant 2022 US$ | 1 |
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 in Serbia?
- Military spending in Serbia was 1.25 billion constant 2022 US$ in 2020, 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 Serbia?
- The highest recorded value was 1.25 billion constant 2022 US$ in 2020.
- What is the lowest military spending recorded in Serbia?
- The lowest recorded value was 35.71 million constant 2022 US$ in 1878.
- How does Serbia rank for military spending?
- Serbia ranks 81st out of 172 countries with data for 2020.
- Is military spending rising or falling in Serbia?
- Over the last ten years it is up 17.2%. The long-run trend across the full record is volatile.
- Where does this Serbia 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 — 52 observations, free to reuse under CC BY 4.0 (Our World in Data).
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.