Military spending sipri in Serbia

Serbia: Military spending sipri was 2.55 billion in 2025. ▲ Rising

Latest (2025)
2.55 billion
Change on year
up 6.3%
World rank
63rd
of 162 countries
All-time high
2.55 billion
in 2025
All-time low
1.06 billion
in 2015
Years of data
30
1996–2025

Military spending sipri in Serbia, 1996–2025

01.0B2.0B3.0B1996201020251996: 1.4B1997: 1.6B1998: 1.5B1999: 1.4B2000: 2.0B2001: 1.6B2002: 1.8B2003: 1.5B2004: 1.4B2005: 1.2B2006: 1.2B2007: 1.4B2008: 1.3B2009: 1.3B2010: 1.3B2011: 1.2B2012: 1.2B2013: 1.1B2014: 1.1B2015: 1.1B2016: 1.2B2017: 1.2B2018: 1.4B2019: 1.6B2020: 1.7B2021: 2.2B2022: 1.8B2023: 1.9B2024: 2.4B2025: 2.6B

Source: Our World in Data.

Analysis

The most recent figure for military spending sipri in Serbia is 2.55 billion, 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 sipri in Serbia peaked at 2.55 billion in 2025 and was at its lowest, 1.06 billion, 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.

Military spending sipri in Serbia, year by year

Annual values for Military spending sipri in Serbia, 1996 to 2025.
Year Value Change
1996 1.45 billion —
1997 1.61 billion +11.0%
1998 1.47 billion -8.5%
1999 1.38 billion -6.3%
2000 2.00 billion +44.7%
2001 1.59 billion -20.4%
2002 1.76 billion +10.6%
2003 1.54 billion -12.4%
2004 1.42 billion -7.6%
2005 1.19 billion -16.2%
2006 1.20 billion +0.9%
2007 1.36 billion +12.8%
2008 1.32 billion -3.0%
2009 1.30 billion -1.7%
2010 1.26 billion -3.0%
2011 1.21 billion -4.0%
2012 1.18 billion -2.0%
2013 1.15 billion -3.1%
2014 1.15 billion +0.2%
2015 1.06 billion -7.5%
2016 1.20 billion +13.3%
2017 1.16 billion -3.4%
2018 1.40 billion +20.4%
2019 1.59 billion +13.9%
2020 1.68 billion +5.3%
2021 2.18 billion +30.3%
2022 1.76 billion -19.4%
2023 1.88 billion +6.9%
2024 2.40 billion +27.6%
2025 2.55 billion +6.3%

Serbia compared with similar countries

  • Serbia's 2.55 billion is above the median for upper middle income countries, which is 1.62 billion, 1.6× the median. (46 countries reporting)
  • Serbia's 2.55 billion is below the median for Europe & Central Asia, which is 2.80 billion, 91% of the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.48 billion 1.38 billion 1.61 billion 4
2000s 1.47 billion 1.19 billion 2.00 billion 10
2010s 1.24 billion 1.06 billion 1.59 billion 10
2020s 2.08 billion 1.68 billion 2.55 billion 6

Countries ranked near Serbia

  1. 60 Sudan 2.77 billion compare
  2. 61 Lithuania 2.73 billion compare
  3. 62 Ecuador 2.71 billion compare
  4. 64 Jordan 2.50 billion compare
  5. 65 Peru 2.43 billion compare
  6. 66 Bulgaria 2.40 billion compare

See the full ranking of 162 places →

More reference data data for Serbia

All data for Serbia →

Frequently asked questions

What is military spending sipri in Serbia?
Military spending sipri in Serbia was 2.55 billion in 2025, according to Our World in Data.
What is the highest military spending sipri recorded in Serbia?
The highest recorded value was 2.55 billion in 2025.
What is the lowest military spending sipri recorded in Serbia?
The lowest recorded value was 1.06 billion in 2015.
How does Serbia rank for military spending sipri?
Serbia ranks 63rd out of 162 countries with data for 2025.
Is military spending sipri 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 Our World in Data, published as part of Military spending sipri. Statizoid updates them automatically from the source API.

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Military spending sipri in Serbia. Statizoid, drawing on Our World in Data. Retrieved 13 November 2026, from https://reference.statizoid.com/stat/military-spending-sipri/serbia/

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About this data

Indicator
Military spending sipri
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
162 places, 8,341 data points, 1949–2025
Last refreshed