Military spending, per unit of GDP in Bosnia and Herzegovina

Bosnia and Herzegovina: Military spending, per unit of GDP was 0.0083 constant 2022 US$ per US$ of GDP in 2023. ◆ Volatile

Latest (2023)
0.0083 constant 2022 US$ per US$ of GDP
Change on year
down 5.4%
World rank
141st
of 170 countries
All-time high
1.19 constant 2022 US$ per US$ of GDP
in 1994
All-time low
0.0083 constant 2022 US$ per US$ of GDP
in 2023
Years of data
32
1992–2023

Military spending, per unit of GDP in Bosnia and Herzegovina, 1992–2023

00.250.50.7511.21992200720231992: 0.213 constant 2022 US$ per US$ of GDP1993: 0.402 constant 2022 US$ per US$ of GDP1994: 1.2 constant 2022 US$ per US$ of GDP1995: 0.378 constant 2022 US$ per US$ of GDP1996: 0.183 constant 2022 US$ per US$ of GDP1997: 0.137 constant 2022 US$ per US$ of GDP1998: 0.124 constant 2022 US$ per US$ of GDP1999: 0.098 constant 2022 US$ per US$ of GDP2000: 0.058 constant 2022 US$ per US$ of GDP2001: 0.045 constant 2022 US$ per US$ of GDP2002: 0.042 constant 2022 US$ per US$ of GDP2003: 0.029 constant 2022 US$ per US$ of GDP2004: 0.025 constant 2022 US$ per US$ of GDP2005: 0.022 constant 2022 US$ per US$ of GDP2006: 0.018 constant 2022 US$ per US$ of GDP2007: 0.017 constant 2022 US$ per US$ of GDP2008: 0.015 constant 2022 US$ per US$ of GDP2009: 0.015 constant 2022 US$ per US$ of GDP2010: 0.015 constant 2022 US$ per US$ of GDP2011: 0.014 constant 2022 US$ per US$ of GDP2012: 0.014 constant 2022 US$ per US$ of GDP2013: 0.013 constant 2022 US$ per US$ of GDP2014: 0.012 constant 2022 US$ per US$ of GDP2015: 0.013 constant 2022 US$ per US$ of GDP2016: 0.012 constant 2022 US$ per US$ of GDP2017: 0.012 constant 2022 US$ per US$ of GDP2018: 0.01 constant 2022 US$ per US$ of GDP2019: 0.01 constant 2022 US$ per US$ of GDP2020: 0.01 constant 2022 US$ per US$ of GDP2021: 0.009 constant 2022 US$ per US$ of GDP2022: 0.009 constant 2022 US$ per US$ of GDP2023: 0.008 constant 2022 US$ per US$ of GDP

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

Analysis

The most recent figure for military spending, per unit of gdp in Bosnia and Herzegovina is 0.0083 constant 2022 US$ per US$ of GDP, measured in 2023. That is the lowest value across all 32 years on record.

Compared with earlier readings it is down 5.4% on the previous year and down 37.0% over ten years.

Over the whole period, military spending, per unit of gdp in Bosnia and Herzegovina peaked at 1.19 constant 2022 US$ per US$ of GDP in 1994 and was at its lowest, 0.0083 constant 2022 US$ per US$ of GDP, in 2023.

That places Bosnia and Herzegovina 141st out of 170 countries with data for 2023, putting it in the bottom quarter.

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

Military spending, per unit of GDP in Bosnia and Herzegovina, year by year

Annual values for Military spending, per unit of GDP in Bosnia and Herzegovina, 1992 to 2023.
Year constant 2022 US$ per US$ of GDP Change
1992 0.2126 constant 2022 US$ per US$ of GDP
1993 0.4024 constant 2022 US$ per US$ of GDP +89.3%
1994 1.19 constant 2022 US$ per US$ of GDP +194.9%
1995 0.378 constant 2022 US$ per US$ of GDP -68.1%
1996 0.1828 constant 2022 US$ per US$ of GDP -51.6%
1997 0.1375 constant 2022 US$ per US$ of GDP -24.8%
1998 0.1235 constant 2022 US$ per US$ of GDP -10.2%
1999 0.098 constant 2022 US$ per US$ of GDP -20.6%
2000 0.0576 constant 2022 US$ per US$ of GDP -41.3%
2001 0.0446 constant 2022 US$ per US$ of GDP -22.5%
2002 0.0421 constant 2022 US$ per US$ of GDP -5.7%
2003 0.0294 constant 2022 US$ per US$ of GDP -30.1%
2004 0.0252 constant 2022 US$ per US$ of GDP -14.3%
2005 0.0221 constant 2022 US$ per US$ of GDP -12.1%
2006 0.018 constant 2022 US$ per US$ of GDP -18.5%
2007 0.0166 constant 2022 US$ per US$ of GDP -8.2%
2008 0.0148 constant 2022 US$ per US$ of GDP -10.4%
2009 0.0153 constant 2022 US$ per US$ of GDP +3.0%
2010 0.0153 constant 2022 US$ per US$ of GDP +0.4%
2011 0.0142 constant 2022 US$ per US$ of GDP -7.3%
2012 0.0143 constant 2022 US$ per US$ of GDP +0.8%
2013 0.0132 constant 2022 US$ per US$ of GDP -7.6%
2014 0.0124 constant 2022 US$ per US$ of GDP -6.4%
2015 0.0131 constant 2022 US$ per US$ of GDP +5.5%
2016 0.0118 constant 2022 US$ per US$ of GDP -10.1%
2017 0.0117 constant 2022 US$ per US$ of GDP -0.7%
2018 0.0102 constant 2022 US$ per US$ of GDP -12.9%
2019 0.0104 constant 2022 US$ per US$ of GDP +2.5%
2020 0.0104 constant 2022 US$ per US$ of GDP +0.1%
2021 0.0088 constant 2022 US$ per US$ of GDP -15.7%
2022 0.0088 constant 2022 US$ per US$ of GDP +0.2%
2023 0.0083 constant 2022 US$ per US$ of GDP -5.4%

Bosnia and Herzegovina compared with similar countries

  • Bosnia and Herzegovina's 0.0083 constant 2022 US$ per US$ of GDP is below the median for upper middle income countries, which is 0.0152 constant 2022 US$ per US$ of GDP, 55% of the median. (49 countries reporting)
  • Bosnia and Herzegovina's 0.0083 constant 2022 US$ per US$ of GDP is below the median for Europe & Central Asia, which is 0.0185 constant 2022 US$ per US$ of GDP, 45% of the median. (48 countries reporting)

Biggest year-on-year movements

Years where Military spending, per unit of GDP in Bosnia and Herzegovina 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
1994 +194.9% 0.4024 constant 2022 US$ per US$ of GDP 1.19 constant 2022 US$ per US$ of GDP
1993 +89.3% 0.2126 constant 2022 US$ per US$ of GDP 0.4024 constant 2022 US$ per US$ of GDP

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.3402 constant 2022 US$ per US$ of GDP 0.098 constant 2022 US$ per US$ of GDP 1.19 constant 2022 US$ per US$ of GDP 8
2000s 0.0286 constant 2022 US$ per US$ of GDP 0.0148 constant 2022 US$ per US$ of GDP 0.0576 constant 2022 US$ per US$ of GDP 10
2010s 0.0127 constant 2022 US$ per US$ of GDP 0.0102 constant 2022 US$ per US$ of GDP 0.0153 constant 2022 US$ per US$ of GDP 10
2020s 0.0091 constant 2022 US$ per US$ of GDP 0.0083 constant 2022 US$ per US$ of GDP 0.0104 constant 2022 US$ per US$ of GDP 4

Countries ranked near Bosnia and Herzegovina

  1. 138 Indonesia 0.0085 constant 2022 US$ per US$ of GDP compare
  2. 139 Ethiopia 0.0084 constant 2022 US$ per US$ of GDP compare
  3. 140 Nigeria 0.0083 constant 2022 US$ per US$ of GDP compare
  4. 142 Dominican Republic 0.0082 constant 2022 US$ per US$ of GDP compare
  5. 143 Switzerland 0.008 constant 2022 US$ per US$ of GDP compare
  6. 144 Gambia 0.0078 constant 2022 US$ per US$ of GDP compare

See the full ranking of 170 places →

More reference data data for Bosnia and Herzegovina

All data for Bosnia and Herzegovina →

Frequently asked questions

What is military spending, per unit of gdp in Bosnia and Herzegovina?
Military spending, per unit of gdp in Bosnia and Herzegovina was 0.0083 constant 2022 US$ per US$ of GDP in 2023, according to Statizoid (derived).
What is the highest military spending, per unit of gdp recorded in Bosnia and Herzegovina?
The highest recorded value was 1.19 constant 2022 US$ per US$ of GDP in 1994.
What is the lowest military spending, per unit of gdp recorded in Bosnia and Herzegovina?
The lowest recorded value was 0.0083 constant 2022 US$ per US$ of GDP in 2023.
How does Bosnia and Herzegovina rank for military spending, per unit of gdp?
Bosnia and Herzegovina ranks 141st out of 170 countries with data for 2023.
Is military spending, per unit of gdp rising or falling in Bosnia and Herzegovina?
Over the last ten years it is down 37.0%. The long-run trend across the full record is volatile.
Where does this Bosnia and Herzegovina data come from?
The figures come from Statizoid (derived), published as part of Military spending, per unit of GDP. Statizoid updates them automatically from the source API.

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Military spending, per unit of GDP in Bosnia and Herzegovina. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-per-unit-of-gdp-2/bosnia-and-herzegovina/

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How this figure is calculated

Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Military spending ÷ GDP (current US$)

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 unit of GDP
Unit
constant 2022 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
170 places, 9,064 data points, 1960–2023
Last refreshed

Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.