Military spending, per unit of GDP in Montenegro
Montenegro: Military spending, per unit of GDP was 0.0158 constant 2022 US$ per US$ of GDP in 2023. ▼ Falling
Military spending, per unit of GDP in Montenegro, 2006–2023
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 Montenegro is 0.0158 constant 2022 US$ per US$ of GDP, measured in 2023. That is the lowest value across all 18 years on record.
The figure is down 13.2% on the previous year and down 5.0% over ten years.
Over the whole period, military spending, per unit of gdp in Montenegro peaked at 0.0264 constant 2022 US$ per US$ of GDP in 2006 and was at its lowest, 0.0158 constant 2022 US$ per US$ of GDP, in 2023.
That places Montenegro 93rd out of 170 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 18 years of available data.
Military spending, per unit of GDP in Montenegro, year by year
| Year | constant 2022 US$ per US$ of GDP | Change |
|---|---|---|
| 2006 | 0.0264 constant 2022 US$ per US$ of GDP | — |
| 2007 | 0.0207 constant 2022 US$ per US$ of GDP | -21.8% |
| 2008 | 0.0187 constant 2022 US$ per US$ of GDP | -9.8% |
| 2009 | 0.0198 constant 2022 US$ per US$ of GDP | +6.1% |
| 2010 | 0.0201 constant 2022 US$ per US$ of GDP | +1.5% |
| 2011 | 0.0178 constant 2022 US$ per US$ of GDP | -11.4% |
| 2012 | 0.0173 constant 2022 US$ per US$ of GDP | -2.8% |
| 2013 | 0.0167 constant 2022 US$ per US$ of GDP | -3.7% |
| 2014 | 0.0179 constant 2022 US$ per US$ of GDP | +7.5% |
| 2015 | 0.0194 constant 2022 US$ per US$ of GDP | +8.4% |
| 2016 | 0.0187 constant 2022 US$ per US$ of GDP | -3.9% |
| 2017 | 0.0185 constant 2022 US$ per US$ of GDP | -0.9% |
| 2018 | 0.0174 constant 2022 US$ per US$ of GDP | -5.8% |
| 2019 | 0.0177 constant 2022 US$ per US$ of GDP | +1.9% |
| 2020 | 0.0218 constant 2022 US$ per US$ of GDP | +23.1% |
| 2021 | 0.0187 constant 2022 US$ per US$ of GDP | -14.4% |
| 2022 | 0.0182 constant 2022 US$ per US$ of GDP | -2.5% |
| 2023 | 0.0158 constant 2022 US$ per US$ of GDP | -13.2% |
Montenegro compared with similar countries
- Montenegro's 0.0158 constant 2022 US$ per US$ of GDP is above the median for upper middle income countries, which is 0.0152 constant 2022 US$ per US$ of GDP, 1.0× the median. (49 countries reporting)
- Montenegro's 0.0158 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, 85% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0214 constant 2022 US$ per US$ of GDP | 0.0187 constant 2022 US$ per US$ of GDP | 0.0264 constant 2022 US$ per US$ of GDP | 4 |
| 2010s | 0.0181 constant 2022 US$ per US$ of GDP | 0.0167 constant 2022 US$ per US$ of GDP | 0.0201 constant 2022 US$ per US$ of GDP | 10 |
| 2020s | 0.0186 constant 2022 US$ per US$ of GDP | 0.0158 constant 2022 US$ per US$ of GDP | 0.0218 constant 2022 US$ per US$ of GDP | 4 |
Countries ranked near Montenegro
- 90 Zimbabwe 0.0161 constant 2022 US$ per US$ of GDP compare
- 91 Spain 0.0161 constant 2022 US$ per US$ of GDP compare
- 92 Fiji 0.016 constant 2022 US$ per US$ of GDP compare
- 94 Germany 0.0158 constant 2022 US$ per US$ of GDP compare
- 95 Equatorial Guinea 0.0156 constant 2022 US$ per US$ of GDP compare
- 96 Lebanon 0.0153 constant 2022 US$ per US$ of GDP compare
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 unit of gdp in Montenegro?
- Military spending, per unit of gdp in Montenegro was 0.0158 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 Montenegro?
- The highest recorded value was 0.0264 constant 2022 US$ per US$ of GDP in 2006.
- What is the lowest military spending, per unit of gdp recorded in Montenegro?
- The lowest recorded value was 0.0158 constant 2022 US$ per US$ of GDP in 2023.
- How does Montenegro rank for military spending, per unit of gdp?
- Montenegro ranks 93rd out of 170 countries with data for 2023.
- Is military spending, per unit of gdp rising or falling in Montenegro?
- Over the last ten years it is down 5.0%. The long-run trend across the full record is falling.
- Where does this Montenegro 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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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
- Military spending Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
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.