Military spending in Montenegro
Montenegro: Military spending was 162.78 million constant 2024 US$ in 2025. ▲ Rising
Latest (2025)
162.78 million constant 2024 US$
Change on year
up 8.4%
World rank
133rd
of 162 countries
All-time high
162.78 million constant 2024 US$
in 2025
All-time low
72.60 million constant 2024 US$
in 2013
Years of data
21
2005–2025
Military spending in Montenegro, 2005–2025
Source: Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data. Measured in constant 2024 US$.
Analysis
In 2025, military spending in Montenegro stood at 162.78 million constant 2024 US$. That is the highest value across all 21 years on record.
That represents a change of up 8.4% on the previous year and up 115.2% over ten years.
Over the whole period, military spending in Montenegro peaked at 162.78 million constant 2024 US$ in 2025 and was at its lowest, 72.60 million constant 2024 US$, in 2013.
Montenegro ranks 133rd of 162 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Military spending in Montenegro, year by year
| Year | constant 2024 US$ | Change |
|---|---|---|
| 2005 | 97.39 million constant 2024 US$ | — |
| 2006 | 96.17 million constant 2024 US$ | -1.3% |
| 2007 | 86.97 million constant 2024 US$ | -9.6% |
| 2008 | 99.06 million constant 2024 US$ | +13.9% |
| 2009 | 90.96 million constant 2024 US$ | -8.2% |
| 2010 | 92.83 million constant 2024 US$ | +2.0% |
| 2011 | 90.36 million constant 2024 US$ | -2.7% |
| 2012 | 80.08 million constant 2024 US$ | -11.4% |
| 2013 | 72.60 million constant 2024 US$ | -9.3% |
| 2014 | 76.23 million constant 2024 US$ | +5.0% |
| 2015 | 75.64 million constant 2024 US$ | -0.8% |
| 2016 | 82.51 million constant 2024 US$ | +9.1% |
| 2017 | 84.61 million constant 2024 US$ | +2.5% |
| 2018 | 89.87 million constant 2024 US$ | +6.2% |
| 2019 | 92.65 million constant 2024 US$ | +3.1% |
| 2020 | 102.28 million constant 2024 US$ | +10.4% |
| 2021 | 105.80 million constant 2024 US$ | +3.4% |
| 2022 | 113.46 million constant 2024 US$ | +7.2% |
| 2023 | 118.29 million constant 2024 US$ | +4.3% |
| 2024 | 150.13 million constant 2024 US$ | +26.9% |
| 2025 | 162.78 million constant 2024 US$ | +8.4% |
Montenegro compared with similar countries
- Montenegro's 162.78 million constant 2024 US$ is below the median for upper middle income countries, which is 1.62 billion constant 2024 US$, 10% of the median. (46 countries reporting)
- Montenegro's 162.78 million constant 2024 US$ is below the median for Europe & Central Asia, which is 2.80 billion constant 2024 US$, 6% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 94.11 million constant 2024 US$ | 86.97 million constant 2024 US$ | 99.06 million constant 2024 US$ | 5 |
| 2010s | 83.74 million constant 2024 US$ | 72.60 million constant 2024 US$ | 92.83 million constant 2024 US$ | 10 |
| 2020s | 125.46 million constant 2024 US$ | 102.28 million constant 2024 US$ | 162.78 million constant 2024 US$ | 6 |
Countries ranked near Montenegro
- 130 Congo 189.68 million constant 2024 US$ compare
- 131 Turkmenistan 188.18 million constant 2024 US$
- 132 Burundi 169.28 million constant 2024 US$ compare
- 134 Zimbabwe 133.49 million constant 2024 US$ compare
- 135 Malawi 127.88 million constant 2024 US$ compare
- 136 Malta 116.81 million constant 2024 US$ 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 in Montenegro?
- Military spending in Montenegro was 162.78 million constant 2024 US$ in 2025, according to Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data.
- What is the highest military spending recorded in Montenegro?
- The highest recorded value was 162.78 million constant 2024 US$ in 2025.
- What is the lowest military spending recorded in Montenegro?
- The lowest recorded value was 72.60 million constant 2024 US$ in 2013.
- How does Montenegro rank for military spending?
- Montenegro ranks 133rd out of 162 countries with data for 2025.
- Is military spending rising or falling in Montenegro?
- Over the last ten years it is up 115.2%. The long-run trend across the full record is rising.
- Where does this Montenegro data come from?
- The figures come from Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.