Military spending per armed forces personnel in Serbia

Serbia: Military spending per armed forces personnel was 52,384 in 2020. ◆ Volatile

Latest (2020)
52,384
Change on year
up 5.3%
World rank
48th
of 160 countries
All-time high
56,568
in 2007
All-time low
8,011
in 2001
Years of data
25
1996–2020

Military spending per armed forces personnel in Serbia, 1996–2020

10.0k20.0k30.0k40.0k50.0k60.0k1996200820201996: 9.5k1997: 10.6k1998: 9.7k1999: 9.4k2000: 14.7k2001: 8.0k2002: 14.1k2003: 14.1k2004: 12.9k2005: 10.8k2006: 50.2k2007: 56.6k2008: 54.9k2009: 44.5k2010: 43.1k2011: 42.9k2012: 42.0k2013: 40.7k2014: 40.8k2015: 37.7k2016: 37.8k2017: 36.3k2018: 43.5k2019: 49.8k2020: 52.4k

Source: Our World in Data.

Analysis

In 2020, military spending per armed forces personnel in Serbia stood at 52,384.

That represents a change of up 5.3% on the previous year and up 21.4% over ten years.

Over the whole period, military spending per armed forces personnel in Serbia peaked at 56,568 in 2007 and was at its lowest, 8,011, in 2001.

That places Serbia 48th out of 160 countries with data for 2020, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Military spending per armed forces personnel in Serbia, year by year

Annual values for Military spending per armed forces personnel in Serbia, 1996 to 2020.
Year Value Change
1996 9,542 —
1997 10,570 +10.8%
1998 9,676 -8.5%
1999 9,409 -2.8%
2000 14,716 +56.4%
2001 8,011 -45.6%
2002 14,127 +76.4%
2003 14,113 -0.1%
2004 12,944 -8.3%
2005 10,848 -16.2%
2006 50,169 +362.5%
2007 56,568 +12.8%
2008 54,888 -3.0%
2009 44,467 -19.0%
2010 43,142 -3.0%
2011 42,871 -0.6%
2012 42,000 -2.0%
2013 40,681 -3.1%
2014 40,764 +0.2%
2015 37,721 -7.5%
2016 37,767 +0.1%
2017 36,293 -3.9%
2018 43,488 +19.8%
2019 49,753 +14.4%
2020 52,384 +5.3%

Serbia compared with similar countries

  • Serbia's 52,384 is above the median for upper middle income countries, which is 19,504, 2.7× the median. (46 countries reporting)
  • Serbia's 52,384 is below the median for Europe & Central Asia, which is 55,593, 94% of the median. (48 countries reporting)

Biggest year-on-year movements

Years where Military spending per armed forces personnel 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.

YearChange FromTo
2006 +362.5% 10,848 50,169
2002 +76.4% 8,011 14,127

Averages by decade

DecadeAverage LowestHighest Years
1990s 9,799 9,409 10,570 4
2000s 28,085 8,011 56,568 10
2010s 41,448 36,293 49,753 10
2020s 52,384 52,384 52,384 1

Countries ranked near Serbia

  1. 45 Brunei 59,390 compare
  2. 46 Croatia 58,802 compare
  3. 47 Seychelles 56,493 compare
  4. 49 Romania 50,816 compare
  5. 50 Chile 50,602 compare
  6. 51 Kenya 47,176 compare

See the full ranking of 160 places →

More reference data data for Serbia

All data for Serbia →

Frequently asked questions

What is military spending per armed forces personnel in Serbia?
Military spending per armed forces personnel in Serbia was 52,384 in 2020, according to Our World in Data.
What is the highest military spending per armed forces personnel recorded in Serbia?
The highest recorded value was 56,568 in 2007.
What is the lowest military spending per armed forces personnel recorded in Serbia?
The lowest recorded value was 8,011 in 2001.
How does Serbia rank for military spending per armed forces personnel?
Serbia ranks 48th out of 160 countries with data for 2020.
Is military spending per armed forces personnel rising or falling in Serbia?
Over the last ten years it is up 21.4%. The long-run trend across the full record is volatile.
Where does this Serbia data come from?
The figures come from Our World in Data, published as part of Military spending per armed forces personnel. Statizoid updates them automatically from the source API.

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Military spending per armed forces personnel in Serbia. Statizoid, drawing on Our World in Data. Retrieved 15 November 2026, from https://reference.statizoid.com/stat/military-spending-per-armed-forces-personnel/serbia/

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About this data

Indicator
Military spending per armed forces personnel
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
160 places, 4,610 data points, 1985–2020
Last refreshed