Military spending in Serbia
Serbia: Military spending was 2.55 billion constant 2024 US$ in 2025. ▲ Rising
Military spending in Serbia, 1996–2025
Source: Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data. Measured in constant 2024 US$.
Analysis
The most recent figure for military spending in Serbia is 2.55 billion constant 2024 US$, measured in 2025. That is the highest value across all 30 years on record.
That represents a change of up 6.3% on the previous year and up 140.5% over ten years.
Over the whole period, military spending in Serbia peaked at 2.55 billion constant 2024 US$ in 2025 and was at its lowest, 1.06 billion constant 2024 US$, in 2015.
Serbia ranks 63rd of 162 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.48 billion constant 2024 US$ | 1.38 billion constant 2024 US$ | 1.61 billion constant 2024 US$ | 4 |
| 2000s | 1.47 billion constant 2024 US$ | 1.19 billion constant 2024 US$ | 2.00 billion constant 2024 US$ | 10 |
| 2010s | 1.24 billion constant 2024 US$ | 1.06 billion constant 2024 US$ | 1.59 billion constant 2024 US$ | 10 |
| 2020s | 2.08 billion constant 2024 US$ | 1.68 billion constant 2024 US$ | 2.55 billion constant 2024 US$ | 6 |
Countries ranked near Serbia
More reference data data for Serbia
- Spring temperature anomalies 1.37 °C (2026)
- Summer temperature anomalies 1.84 °C (2026)
- Temperature anomalies by month 0.7013 °C (2026)
- Universal right to vote in practice 2 (2025)
- Autumn temperature anomalies 2.32 °C (2025)
- Winter temperature anomalies 1.74 °C (2025)
- Consumer price index 208.32 2010 = 100 (2025)
- Universal right to vote 2 (2025)
- Competitive elections 0 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is military spending in Serbia?
- Military spending in Serbia was 2.55 billion 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 Serbia?
- The highest recorded value was 2.55 billion constant 2024 US$ in 2025.
- What is the lowest military spending recorded in Serbia?
- The lowest recorded value was 1.06 billion constant 2024 US$ in 2015.
- How does Serbia rank for military spending?
- Serbia ranks 63rd out of 162 countries with data for 2025.
- Is military spending rising or falling in Serbia?
- Over the last ten years it is up 140.5%. The long-run trend across the full record is rising.
- Where does this Serbia 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 — 30 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.