Military spending in North Macedonia

North Macedonia: Military spending was 346.10 million constant 2024 US$ in 2025. ▲ Rising

Latest (2025)
346.10 million constant 2024 US$
Change on year
up 15.5%
World rank
116th
of 162 countries
All-time high
493.15 million constant 2024 US$
in 2001
All-time low
135.38 million constant 2024 US$
in 1999
Years of data
30
1996–2025

Military spending in North Macedonia, 1996–2025

100.0M200.0M300.0M400.0M500.0M1996201020251996: 188.6M constant 2024 US$1997: 148.4M constant 2024 US$1998: 152.6M constant 2024 US$1999: 135.4M constant 2024 US$2000: 155.1M constant 2024 US$2001: 493.1M constant 2024 US$2002: 214.2M constant 2024 US$2003: 195.3M constant 2024 US$2004: 208.4M constant 2024 US$2005: 194.1M constant 2024 US$2006: 184.8M constant 2024 US$2007: 213.7M constant 2024 US$2008: 196.1M constant 2024 US$2009: 191.3M constant 2024 US$2010: 162.7M constant 2024 US$2011: 151.8M constant 2024 US$2012: 143.4M constant 2024 US$2013: 143.2M constant 2024 US$2014: 141.1M constant 2024 US$2015: 136.3M constant 2024 US$2016: 138.9M constant 2024 US$2017: 135.4M constant 2024 US$2018: 146.3M constant 2024 US$2019: 197.3M constant 2024 US$2020: 186.3M constant 2024 US$2021: 232.4M constant 2024 US$2022: 241.6M constant 2024 US$2023: 290.5M constant 2024 US$2024: 299.5M constant 2024 US$2025: 346.1M constant 2024 US$

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 North Macedonia stood at 346.10 million constant 2024 US$.

That represents a change of up 15.5% on the previous year and up 154.0% over ten years.

Over the whole period, military spending in North Macedonia peaked at 493.15 million constant 2024 US$ in 2001 and was at its lowest, 135.38 million constant 2024 US$, in 1999.

North Macedonia ranks 116th of 162 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 30 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 156.25 million constant 2024 US$ 135.38 million constant 2024 US$ 188.63 million constant 2024 US$ 4
2000s 224.60 million constant 2024 US$ 155.06 million constant 2024 US$ 493.15 million constant 2024 US$ 10
2010s 149.65 million constant 2024 US$ 135.40 million constant 2024 US$ 197.33 million constant 2024 US$ 10
2020s 266.07 million constant 2024 US$ 186.33 million constant 2024 US$ 346.10 million constant 2024 US$ 6

Countries ranked near North Macedonia

  1. 113 Paraguay 405.76 million constant 2024 US$ compare
  2. 114 Namibia 386.27 million constant 2024 US$ compare
  3. 115 Ghana 385.16 million constant 2024 US$ compare
  4. 117 Zambia 342.74 million constant 2024 US$ compare
  5. 118 Gabon 336.91 million constant 2024 US$ compare
  6. 119 Mauritania 314.82 million constant 2024 US$ compare

See the full ranking of 162 places →

More reference data data for North Macedonia

All data for North Macedonia →

Frequently asked questions

What is military spending in North Macedonia?
Military spending in North Macedonia was 346.10 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 North Macedonia?
The highest recorded value was 493.15 million constant 2024 US$ in 2001.
What is the lowest military spending recorded in North Macedonia?
The lowest recorded value was 135.38 million constant 2024 US$ in 1999.
How does North Macedonia rank for military spending?
North Macedonia ranks 116th out of 162 countries with data for 2025.
Is military spending rising or falling in North Macedonia?
Over the last ten years it is up 154.0%. The long-run trend across the full record is rising.
Where does this North Macedonia 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.

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About this data

Indicator
Military spending
Unit
constant 2024 US$
Source
Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
162 places, 8,341 data points, 1949–2025
Last refreshed

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.