Military spending per armed forces personnel in Montenegro
Montenegro: Military spending per armed forces personnel was 8,523 constant 2024 US$ in 2020. ▲ Rising
Military spending per armed forces personnel in Montenegro, 2006–2020
Source: Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data. Measured in constant 2024 US$.
Analysis
The most recent figure for military spending per armed forces personnel in Montenegro is 8,523 constant 2024 US$, measured in 2020. That is the highest value across all 15 years on record.
The figure is up 10.4% on the previous year and up 20.1% over ten years.
Over the whole period, military spending per armed forces personnel in Montenegro peaked at 8,523 constant 2024 US$ in 2020 and was at its lowest, 5,798 constant 2024 US$, in 2007.
That places Montenegro 130th out of 160 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Military spending per armed forces personnel in Montenegro, year by year
| Year | constant 2024 US$ | Change |
|---|---|---|
| 2006 | 6,010 constant 2024 US$ | — |
| 2007 | 5,798 constant 2024 US$ | -3.5% |
| 2008 | 6,604 constant 2024 US$ | +13.9% |
| 2009 | 6,877 constant 2024 US$ | +4.1% |
| 2010 | 7,095 constant 2024 US$ | +3.2% |
| 2011 | 7,419 constant 2024 US$ | +4.6% |
| 2012 | 6,575 constant 2024 US$ | -11.4% |
| 2013 | 5,961 constant 2024 US$ | -9.3% |
| 2014 | 6,259 constant 2024 US$ | +5.0% |
| 2015 | 6,278 constant 2024 US$ | +0.3% |
| 2016 | 6,848 constant 2024 US$ | +9.1% |
| 2017 | 7,051 constant 2024 US$ | +3.0% |
| 2018 | 7,277 constant 2024 US$ | +3.2% |
| 2019 | 7,721 constant 2024 US$ | +6.1% |
| 2020 | 8,523 constant 2024 US$ | +10.4% |
Montenegro compared with similar countries
- Montenegro's 8,523 constant 2024 US$ is below the median for upper middle income countries, which is 19,504 constant 2024 US$, 44% of the median. (46 countries reporting)
- Montenegro's 8,523 constant 2024 US$ is below the median for Europe & Central Asia, which is 55,593 constant 2024 US$, 15% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6,322 constant 2024 US$ | 5,798 constant 2024 US$ | 6,877 constant 2024 US$ | 4 |
| 2010s | 6,848 constant 2024 US$ | 5,961 constant 2024 US$ | 7,721 constant 2024 US$ | 10 |
| 2020s | 8,523 constant 2024 US$ | 8,523 constant 2024 US$ | 8,523 constant 2024 US$ | 1 |
Countries ranked near Montenegro
More reference data data for Montenegro
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0413 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0412 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.095 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0009 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.095 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.1384 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.1046 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.1738 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.4689 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0049 (2050)
Frequently asked questions
- What is military spending per armed forces personnel in Montenegro?
- Military spending per armed forces personnel in Montenegro was 8,523 constant 2024 US$ in 2020, according to Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data.
- What is the highest military spending per armed forces personnel recorded in Montenegro?
- The highest recorded value was 8,523 constant 2024 US$ in 2020.
- What is the lowest military spending per armed forces personnel recorded in Montenegro?
- The lowest recorded value was 5,798 constant 2024 US$ in 2007.
- How does Montenegro rank for military spending per armed forces personnel?
- Montenegro ranks 130th out of 160 countries with data for 2020.
- Is military spending per armed forces personnel rising or falling in Montenegro?
- Over the last ten years it is up 20.1%. The long-run trend across the full record is rising.
- Where does this Montenegro data come from?
- The figures come from Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data, published as part of Military spending per armed forces personnel. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total military expenditure divided by armed forces personnel. 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.