Military spending, per capita in Montenegro

Montenegro: Military spending, per capita was 193.88 constant 2022 US$ per person in 2023. ▲ Rising

Latest (2023)
193.88 constant 2022 US$ per person
Change on year
up 6.0%
World rank
62nd
of 171 countries
All-time high
193.88 constant 2022 US$ per person
in 2023
All-time low
113.31 constant 2022 US$ per person
in 2012
Years of data
18
2006–2023

Military spending, per capita in Montenegro, 2006–2023

0501001502002006201420232006: 116.9 constant 2022 US$ per person2007: 123.6 constant 2022 US$ per person2008: 137.9 constant 2022 US$ per person2009: 133.1 constant 2022 US$ per person2010: 134.1 constant 2022 US$ per person2011: 129.3 constant 2022 US$ per person2012: 113.3 constant 2022 US$ per person2013: 118.3 constant 2022 US$ per person2014: 131.4 constant 2022 US$ per person2015: 124.6 constant 2022 US$ per person2016: 130 constant 2022 US$ per person2017: 141.9 constant 2022 US$ per person2018: 151 constant 2022 US$ per person2019: 155.2 constant 2022 US$ per person2020: 164.9 constant 2022 US$ per person2021: 174.1 constant 2022 US$ per person2022: 182.9 constant 2022 US$ per person2023: 193.9 constant 2022 US$ per person

Source: Statizoid (derived). Measured in constant 2022 US$ per person.

Analysis

In 2023, military spending, per capita in Montenegro stood at 193.88 constant 2022 US$ per person. That is the highest value across all 18 years on record.

The figure is up 6.0% on the previous year and up 63.9% over ten years.

Over the whole period, military spending, per capita in Montenegro peaked at 193.88 constant 2022 US$ per person in 2023 and was at its lowest, 113.31 constant 2022 US$ per person, in 2012.

Montenegro ranks 62nd of 171 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 18 years of available data.

Military spending, per capita in Montenegro, year by year

Annual values for Military spending, per capita in Montenegro, 2006 to 2023.
Year constant 2022 US$ per person Change
2006 116.88 constant 2022 US$ per person
2007 123.64 constant 2022 US$ per person +5.8%
2008 137.87 constant 2022 US$ per person +11.5%
2009 133.13 constant 2022 US$ per person -3.4%
2010 134.1 constant 2022 US$ per person +0.7%
2011 129.26 constant 2022 US$ per person -3.6%
2012 113.31 constant 2022 US$ per person -12.3%
2013 118.29 constant 2022 US$ per person +4.4%
2014 131.44 constant 2022 US$ per person +11.1%
2015 124.61 constant 2022 US$ per person -5.2%
2016 129.98 constant 2022 US$ per person +4.3%
2017 141.88 constant 2022 US$ per person +9.1%
2018 150.97 constant 2022 US$ per person +6.4%
2019 155.16 constant 2022 US$ per person +2.8%
2020 164.91 constant 2022 US$ per person +6.3%
2021 174.15 constant 2022 US$ per person +5.6%
2022 182.87 constant 2022 US$ per person +5.0%
2023 193.88 constant 2022 US$ per person +6.0%

Montenegro compared with similar countries

  • Montenegro's 193.88 constant 2022 US$ per person is above the median for upper middle income countries, which is 106.01 constant 2022 US$ per person, 1.8× the median. (49 countries reporting)
  • Montenegro's 193.88 constant 2022 US$ per person is below the median for Europe & Central Asia, which is 464.99 constant 2022 US$ per person, 42% of the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 127.88 constant 2022 US$ per person 116.88 constant 2022 US$ per person 137.87 constant 2022 US$ per person 4
2010s 132.9 constant 2022 US$ per person 113.31 constant 2022 US$ per person 155.16 constant 2022 US$ per person 10
2020s 178.95 constant 2022 US$ per person 164.91 constant 2022 US$ per person 193.88 constant 2022 US$ per person 4

Countries ranked near Montenegro

  1. 59 Panama 233.02 constant 2022 US$ per person compare
  2. 60 Malta 214.38 constant 2022 US$ per person compare
  3. 61 Turkey 202.35 constant 2022 US$ per person compare
  4. 63 Serbia 181.44 constant 2022 US$ per person compare
  5. 64 Barbados 179.6 constant 2022 US$ per person compare
  6. 65 Ecuador 173.58 constant 2022 US$ per person compare

See the full ranking of 171 places →

More reference data data for Montenegro

All data for Montenegro →

Frequently asked questions

What is military spending, per capita in Montenegro?
Military spending, per capita in Montenegro was 193.88 constant 2022 US$ per person in 2023, according to Statizoid (derived).
What is the highest military spending, per capita recorded in Montenegro?
The highest recorded value was 193.88 constant 2022 US$ per person in 2023.
What is the lowest military spending, per capita recorded in Montenegro?
The lowest recorded value was 113.31 constant 2022 US$ per person in 2012.
How does Montenegro rank for military spending, per capita?
Montenegro ranks 62nd out of 171 countries with data for 2023.
Is military spending, per capita rising or falling in Montenegro?
Over the last ten years it is up 63.9%. The long-run trend across the full record is rising.
Where does this Montenegro data come from?
The figures come from Statizoid (derived), published as part of Military spending, per capita. Statizoid updates them automatically from the source API.

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Military spending, per capita in Montenegro. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-per-capita-2/montenegro/

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How this figure is calculated

Military spending divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Military spending ÷ Population, total

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Military spending, per capita
Unit
constant 2022 US$ per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
171 places, 9,593 data points, 1960–2023
Last refreshed

Military spending divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.