Military spending, per unit of GDP in Serbia

Serbia: Military spending, per unit of GDP was 0.0256 constant 2024 US$ per US$ of GDP in 2025. ◆ Volatile

Latest (2025)
0.0256 constant 2024 US$ per US$ of GDP
Change on year
down 4.2%
World rank
42nd
of 160 countries
All-time high
0.2726 constant 2024 US$ per US$ of GDP
in 2000
All-time low
0.0227 constant 2024 US$ per US$ of GDP
in 2013
Years of data
30
1996–2025

Military spending, per unit of GDP in Serbia, 1996–2025

00.050.10.150.20.251996201020251996: 0.062 constant 2024 US$ per US$ of GDP1997: 0.059 constant 2024 US$ per US$ of GDP1998: 0.07 constant 2024 US$ per US$ of GDP1999: 0.066 constant 2024 US$ per US$ of GDP2000: 0.273 constant 2024 US$ per US$ of GDP2001: 0.117 constant 2024 US$ per US$ of GDP2002: 0.098 constant 2024 US$ per US$ of GDP2003: 0.065 constant 2024 US$ per US$ of GDP2004: 0.053 constant 2024 US$ per US$ of GDP2005: 0.042 constant 2024 US$ per US$ of GDP2006: 0.036 constant 2024 US$ per US$ of GDP2007: 0.03 constant 2024 US$ per US$ of GDP2008: 0.024 constant 2024 US$ per US$ of GDP2009: 0.028 constant 2024 US$ per US$ of GDP2010: 0.029 constant 2024 US$ per US$ of GDP2011: 0.024 constant 2024 US$ per US$ of GDP2012: 0.026 constant 2024 US$ per US$ of GDP2013: 0.023 constant 2024 US$ per US$ of GDP2014: 0.023 constant 2024 US$ per US$ of GDP2015: 0.026 constant 2024 US$ per US$ of GDP2016: 0.028 constant 2024 US$ per US$ of GDP2017: 0.025 constant 2024 US$ per US$ of GDP2018: 0.026 constant 2024 US$ per US$ of GDP2019: 0.03 constant 2024 US$ per US$ of GDP2020: 0.03 constant 2024 US$ per US$ of GDP2021: 0.033 constant 2024 US$ per US$ of GDP2022: 0.026 constant 2024 US$ per US$ of GDP2023: 0.023 constant 2024 US$ per US$ of GDP2024: 0.027 constant 2024 US$ per US$ of GDP2025: 0.026 constant 2024 US$ per US$ of GDP

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

Analysis

Serbia recorded 0.0256 constant 2024 US$ per US$ of GDP for military spending, per unit of gdp in 2025.

The figure is down 4.2% on the previous year and down 0.6% over ten years.

Over the whole period, military spending, per unit of gdp in Serbia peaked at 0.2726 constant 2024 US$ per US$ of GDP in 2000 and was at its lowest, 0.0227 constant 2024 US$ per US$ of GDP, in 2013.

Serbia ranks 42nd of 160 countries on this measure, in the middle of the range.

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

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

Annual values for Military spending, per unit of GDP in Serbia, 1996 to 2025.
Year constant 2024 US$ per US$ of GDP Change
1996 0.0623 constant 2024 US$ per US$ of GDP
1997 0.0592 constant 2024 US$ per US$ of GDP -4.9%
1998 0.0701 constant 2024 US$ per US$ of GDP +18.3%
1999 0.0661 constant 2024 US$ per US$ of GDP -5.7%
2000 0.2726 constant 2024 US$ per US$ of GDP +312.3%
2001 0.1169 constant 2024 US$ per US$ of GDP -57.1%
2002 0.0981 constant 2024 US$ per US$ of GDP -16.1%
2003 0.0653 constant 2024 US$ per US$ of GDP -33.4%
2004 0.053 constant 2024 US$ per US$ of GDP -18.8%
2005 0.0421 constant 2024 US$ per US$ of GDP -20.6%
2006 0.0362 constant 2024 US$ per US$ of GDP -14.1%
2007 0.0302 constant 2024 US$ per US$ of GDP -16.4%
2008 0.0243 constant 2024 US$ per US$ of GDP -19.7%
2009 0.0276 constant 2024 US$ per US$ of GDP +13.5%
2010 0.0289 constant 2024 US$ per US$ of GDP +4.6%
2011 0.0235 constant 2024 US$ per US$ of GDP -18.4%
2012 0.0262 constant 2024 US$ per US$ of GDP +11.3%
2013 0.0227 constant 2024 US$ per US$ of GDP -13.4%
2014 0.0234 constant 2024 US$ per US$ of GDP +2.9%
2015 0.0257 constant 2024 US$ per US$ of GDP +10.0%
2016 0.0285 constant 2024 US$ per US$ of GDP +10.8%
2017 0.0253 constant 2024 US$ per US$ of GDP -11.3%
2018 0.0265 constant 2024 US$ per US$ of GDP +4.8%
2019 0.0296 constant 2024 US$ per US$ of GDP +11.6%
2020 0.03 constant 2024 US$ per US$ of GDP +1.5%
2021 0.033 constant 2024 US$ per US$ of GDP +10.1%
2022 0.0264 constant 2024 US$ per US$ of GDP -20.1%
2023 0.0232 constant 2024 US$ per US$ of GDP -12.2%
2024 0.0267 constant 2024 US$ per US$ of GDP +15.2%
2025 0.0256 constant 2024 US$ per US$ of GDP -4.2%

Serbia compared with similar countries

  • Serbia's 0.0256 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, 1.9× the median. (46 countries reporting)
  • Serbia's 0.0256 constant 2024 US$ per US$ of GDP is above the median for Europe & Central Asia, which is 0.019 constant 2024 US$ per US$ of GDP, 1.3× the median. (48 countries reporting)

Biggest year-on-year movements

Years where Military spending, per unit of GDP in Serbia 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
2000 +312.3% 0.0661 constant 2024 US$ per US$ of GDP 0.2726 constant 2024 US$ per US$ of GDP

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.0644 constant 2024 US$ per US$ of GDP 0.0592 constant 2024 US$ per US$ of GDP 0.0701 constant 2024 US$ per US$ of GDP 4
2000s 0.0766 constant 2024 US$ per US$ of GDP 0.0243 constant 2024 US$ per US$ of GDP 0.2726 constant 2024 US$ per US$ of GDP 10
2010s 0.026 constant 2024 US$ per US$ of GDP 0.0227 constant 2024 US$ per US$ of GDP 0.0296 constant 2024 US$ per US$ of GDP 10
2020s 0.0275 constant 2024 US$ per US$ of GDP 0.0232 constant 2024 US$ per US$ of GDP 0.033 constant 2024 US$ per US$ of GDP 6

Countries ranked near Serbia

  1. 39 Mauritania 0.027 constant 2024 US$ per US$ of GDP compare
  2. 40 South Korea 0.0261 constant 2024 US$ per US$ of GDP compare
  3. 41 Namibia 0.0256 constant 2024 US$ per US$ of GDP compare
  4. 43 Iraq 0.0252 constant 2024 US$ per US$ of GDP compare
  5. 44 East Timor 0.025 constant 2024 US$ per US$ of GDP compare
  6. 45 Kyrgyzstan 0.0247 constant 2024 US$ per US$ of GDP compare

See the full ranking of 160 places →

More reference data data for Serbia

All data for Serbia →

Frequently asked questions

What is military spending, per unit of gdp in Serbia?
Military spending, per unit of gdp in Serbia was 0.0256 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 Serbia?
The highest recorded value was 0.2726 constant 2024 US$ per US$ of GDP in 2000.
What is the lowest military spending, per unit of gdp recorded in Serbia?
The lowest recorded value was 0.0227 constant 2024 US$ per US$ of GDP in 2013.
How does Serbia rank for military spending, per unit of gdp?
Serbia ranks 42nd out of 160 countries with data for 2025.
Is military spending, per unit of gdp rising or falling in Serbia?
Over the last ten years it is down 0.6%. The long-run trend across the full record is volatile.
Where does this Serbia 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 Serbia. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-per-unit-of-gdp/serbia/

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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.