Military spending, per unit of GDP in Montenegro

Montenegro: Military spending, per unit of GDP was 0.0176 constant 2024 US$ per US$ of GDP in 2025. ▼ Falling

Latest (2025)
0.0176 constant 2024 US$ per US$ of GDP
Change on year
down 2.8%
World rank
76th
of 160 countries
All-time high
0.0431 constant 2024 US$ per US$ of GDP
in 2005
All-time low
0.0155 constant 2024 US$ per US$ of GDP
in 2023
Years of data
21
2005–2025

Military spending, per unit of GDP in Montenegro, 2005–2025

00.010.020.030.042005201520252005: 0.043 constant 2024 US$ per US$ of GDP2006: 0.035 constant 2024 US$ per US$ of GDP2007: 0.024 constant 2024 US$ per US$ of GDP2008: 0.022 constant 2024 US$ per US$ of GDP2009: 0.022 constant 2024 US$ per US$ of GDP2010: 0.022 constant 2024 US$ per US$ of GDP2011: 0.02 constant 2024 US$ per US$ of GDP2012: 0.02 constant 2024 US$ per US$ of GDP2013: 0.016 constant 2024 US$ per US$ of GDP2014: 0.017 constant 2024 US$ per US$ of GDP2015: 0.019 constant 2024 US$ per US$ of GDP2016: 0.019 constant 2024 US$ per US$ of GDP2017: 0.018 constant 2024 US$ per US$ of GDP2018: 0.017 constant 2024 US$ per US$ of GDP2019: 0.017 constant 2024 US$ per US$ of GDP2020: 0.022 constant 2024 US$ per US$ of GDP2021: 0.018 constant 2024 US$ per US$ of GDP2022: 0.018 constant 2024 US$ per US$ of GDP2023: 0.015 constant 2024 US$ per US$ of GDP2024: 0.018 constant 2024 US$ per US$ of GDP2025: 0.018 constant 2024 US$ per US$ of GDP

Source: Statizoid (derived). Measured in constant 2024 US$ per US$ of GDP.

Analysis

In 2025, military spending, per unit of gdp in Montenegro stood at 0.0176 constant 2024 US$ per US$ of GDP.

That represents a change of down 2.8% on the previous year and down 6.5% over ten years.

Over the whole period, military spending, per unit of gdp in Montenegro peaked at 0.0431 constant 2024 US$ per US$ of GDP in 2005 and was at its lowest, 0.0155 constant 2024 US$ per US$ of GDP, in 2023.

That places Montenegro 76th out of 160 countries with data for 2025, putting it in the middle of the range.

The long-run direction has been consistently falling across the 21 years of available data.

Military spending, per unit of GDP in Montenegro, year by year

Annual values for Military spending, per unit of GDP in Montenegro, 2005 to 2025.
Year constant 2024 US$ per US$ of GDP Change
2005 0.0431 constant 2024 US$ per US$ of GDP
2006 0.0354 constant 2024 US$ per US$ of GDP -18.0%
2007 0.0236 constant 2024 US$ per US$ of GDP -33.2%
2008 0.0217 constant 2024 US$ per US$ of GDP -8.0%
2009 0.0219 constant 2024 US$ per US$ of GDP +0.7%
2010 0.0224 constant 2024 US$ per US$ of GDP +2.6%
2011 0.02 constant 2024 US$ per US$ of GDP -10.6%
2012 0.0197 constant 2024 US$ per US$ of GDP -1.9%
2013 0.0164 constant 2024 US$ per US$ of GDP -16.5%
2014 0.0166 constant 2024 US$ per US$ of GDP +1.4%
2015 0.0189 constant 2024 US$ per US$ of GDP +13.3%
2016 0.0189 constant 2024 US$ per US$ of GDP +0.4%
2017 0.0176 constant 2024 US$ per US$ of GDP -7.0%
2018 0.0165 constant 2024 US$ per US$ of GDP -6.1%
2019 0.0169 constant 2024 US$ per US$ of GDP +2.1%
2020 0.0216 constant 2024 US$ per US$ of GDP +27.9%
2021 0.0182 constant 2024 US$ per US$ of GDP -15.9%
2022 0.0181 constant 2024 US$ per US$ of GDP -0.2%
2023 0.0155 constant 2024 US$ per US$ of GDP -14.6%
2024 0.0181 constant 2024 US$ per US$ of GDP +17.2%
2025 0.0176 constant 2024 US$ per US$ of GDP -2.8%

Montenegro compared with similar countries

  • Montenegro's 0.0176 constant 2024 US$ per US$ of GDP is above the median for upper middle income countries, which is 0.0132 constant 2024 US$ per US$ of GDP, 1.3× the median. (46 countries reporting)
  • Montenegro's 0.0176 constant 2024 US$ per US$ of GDP is below the median for Europe & Central Asia, which is 0.019 constant 2024 US$ per US$ of GDP, 93% of the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.0291 constant 2024 US$ per US$ of GDP 0.0217 constant 2024 US$ per US$ of GDP 0.0431 constant 2024 US$ per US$ of GDP 5
2010s 0.0184 constant 2024 US$ per US$ of GDP 0.0164 constant 2024 US$ per US$ of GDP 0.0224 constant 2024 US$ per US$ of GDP 10
2020s 0.0182 constant 2024 US$ per US$ of GDP 0.0155 constant 2024 US$ per US$ of GDP 0.0216 constant 2024 US$ per US$ of GDP 6

Countries ranked near Montenegro

  1. 73 Bulgaria 0.0183 constant 2024 US$ per US$ of GDP compare
  2. 74 North Macedonia 0.0181 constant 2024 US$ per US$ of GDP compare
  3. 75 Italy 0.0178 constant 2024 US$ per US$ of GDP compare
  4. 77 China 0.0172 constant 2024 US$ per US$ of GDP compare
  5. 78 Eswatini 0.0171 constant 2024 US$ per US$ of GDP compare
  6. 79 Turkey 0.0168 constant 2024 US$ per US$ of GDP compare

See the full ranking of 160 places →

More reference data data for Montenegro

All data for Montenegro →

Frequently asked questions

What is military spending, per unit of gdp in Montenegro?
Military spending, per unit of gdp in Montenegro was 0.0176 constant 2024 US$ per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest military spending, per unit of gdp recorded in Montenegro?
The highest recorded value was 0.0431 constant 2024 US$ per US$ of GDP in 2005.
What is the lowest military spending, per unit of gdp recorded in Montenegro?
The lowest recorded value was 0.0155 constant 2024 US$ per US$ of GDP in 2023.
How does Montenegro rank for military spending, per unit of gdp?
Montenegro ranks 76th out of 160 countries with data for 2025.
Is military spending, per unit of gdp rising or falling in Montenegro?
Over the last ten years it is down 6.5%. 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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Military spending, per unit of GDP in Montenegro. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://reference.statizoid.com/stat/military-spending-per-unit-of-gdp/montenegro/

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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 2024 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
160 places, 7,842 data points, 1960–2025
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.