Military spending, per capita in Serbia

Serbia: Military spending, per capita was 181.44 constant 2022 US$ per person in 2020. ▼ Falling

Latest (2020)
181.44 constant 2022 US$ per person
Change on year
up 3.5%
World rank
63rd
of 171 countries
All-time high
181.44 constant 2022 US$ per person
in 2020
All-time low
98.18 constant 2022 US$ per person
in 2016
Years of data
14
2007–2020

Military spending, per capita in Serbia, 2007–2020

0501001502002007201320202007: 167.3 constant 2022 US$ per person2008: 166.1 constant 2022 US$ per person2009: 154.9 constant 2022 US$ per person2010: 146.5 constant 2022 US$ per person2011: 147.3 constant 2022 US$ per person2012: 137.9 constant 2022 US$ per person2013: 125.3 constant 2022 US$ per person2014: 117.4 constant 2022 US$ per person2015: 99.5 constant 2022 US$ per person2016: 98.2 constant 2022 US$ per person2017: 114.4 constant 2022 US$ per person2018: 135 constant 2022 US$ per person2019: 175.3 constant 2022 US$ per person2020: 181.4 constant 2022 US$ per person

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

Analysis

The most recent figure for military spending, per capita in Serbia is 181.44 constant 2022 US$ per person, measured in 2020. That is the highest value across all 14 years on record.

Compared with earlier readings it is up 3.5% on the previous year and up 23.9% over ten years.

Over the whole period, military spending, per capita in Serbia peaked at 181.44 constant 2022 US$ per person in 2020 and was at its lowest, 98.18 constant 2022 US$ per person, in 2016.

That places Serbia 63rd out of 171 countries with data for 2020, putting it in the middle of the range.

The long-run direction has been consistently falling across the 14 years of available data.

Military spending, per capita in Serbia, year by year

Annual values for Military spending, per capita in Serbia, 2007 to 2020.
Year constant 2022 US$ per person Change
2007 167.27 constant 2022 US$ per person
2008 166.09 constant 2022 US$ per person -0.7%
2009 154.9 constant 2022 US$ per person -6.7%
2010 146.48 constant 2022 US$ per person -5.4%
2011 147.31 constant 2022 US$ per person +0.6%
2012 137.86 constant 2022 US$ per person -6.4%
2013 125.35 constant 2022 US$ per person -9.1%
2014 117.38 constant 2022 US$ per person -6.4%
2015 99.54 constant 2022 US$ per person -15.2%
2016 98.18 constant 2022 US$ per person -1.4%
2017 114.42 constant 2022 US$ per person +16.5%
2018 134.97 constant 2022 US$ per person +18.0%
2019 175.3 constant 2022 US$ per person +29.9%
2020 181.44 constant 2022 US$ per person +3.5%

Serbia compared with similar countries

  • Serbia's 181.44 constant 2022 US$ per person is above the median for upper middle income countries, which is 106.01 constant 2022 US$ per person, 1.7× the median. (49 countries reporting)
  • Serbia's 181.44 constant 2022 US$ per person is below the median for Europe & Central Asia, which is 464.99 constant 2022 US$ per person, 39% of the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 162.76 constant 2022 US$ per person 154.9 constant 2022 US$ per person 167.27 constant 2022 US$ per person 3
2010s 129.68 constant 2022 US$ per person 98.18 constant 2022 US$ per person 175.3 constant 2022 US$ per person 10
2020s 181.44 constant 2022 US$ per person 181.44 constant 2022 US$ per person 181.44 constant 2022 US$ per person 1

Countries ranked near Serbia

  1. 60 Malta 214.38 constant 2022 US$ per person compare
  2. 61 Turkey 202.35 constant 2022 US$ per person compare
  3. 62 Montenegro 193.88 constant 2022 US$ per person compare
  4. 64 Barbados 179.6 constant 2022 US$ per person compare
  5. 65 Ecuador 173.58 constant 2022 US$ per person compare
  6. 66 Iceland 167.87 constant 2022 US$ per person compare

See the full ranking of 171 places →

More reference data data for Serbia

All data for Serbia →

Frequently asked questions

What is military spending, per capita in Serbia?
Military spending, per capita in Serbia was 181.44 constant 2022 US$ per person in 2020, according to Statizoid (derived).
What is the highest military spending, per capita recorded in Serbia?
The highest recorded value was 181.44 constant 2022 US$ per person in 2020.
What is the lowest military spending, per capita recorded in Serbia?
The lowest recorded value was 98.18 constant 2022 US$ per person in 2016.
How does Serbia rank for military spending, per capita?
Serbia ranks 63rd out of 171 countries with data for 2020.
Is military spending, per capita rising or falling in Serbia?
Over the last ten years it is up 23.9%. The long-run trend across the full record is falling.
Where does this Serbia 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 Serbia. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-per-capita-2/serbia/

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<a href="https://reference.statizoid.com/stat/military-spending-per-capita-2/serbia/">Military spending, per capita in Serbia</a> — Statizoid

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.