Military Spending / Serbia
Serbia Military Spending
Serbia military spending data with historical trend, latest available year, ranking, source notes and country comparison. Latest value: 2.60%.
COUNTRY: Serbia
UNIT: percent of GDP
SOURCE: World Bank / public data sources
UPDATED: 2026-08-31 05:08:12
GM ECONOMY RATING
Serbia · Economic Stability Rating
Composite rating based on inflation, growth, debt, unemployment and current account.
BB
56 / 100
Moderate stability
Fiscal stability
7.0 / 25
Macroeconomic stability
13.0 / 20
External stability
7.0 / 15
Financial robustness
10.0 / 15
Structural stability
13.0 / 15
Future capacity
7.0 / 10
Demographic capacity
2.0 / 5
Method: GM Economy multi-pillar stability model with structural and financial robustness adjustment. Coverage: 100% of weighted inputs available.
Time range:
Selected year: · Value:
Serbia · military spending data as percent of GDP.
Latest
2.60%
Previous
2.21%
Range avg.
2.15%
Rank
32
Countries by military spending
full rankingGM ECONOMY
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CountrySerbia
IndicatorMilitary Spending
2.60%2024 · Rank 32
Chart range
All indicators
Prices & Inflation3
Growth & Output9
Public Finance8
Labor Market6
External Sector5
Monetary & Financial7
Population & Society7
Energy & Environment2
Interpretation
Serbia recorded 2.60% for Military Spending in 2024, the latest available observation in this dataset.
Compared with 2023, the indicator increased by 0.39 percentage points, from 2.21% to 2.60%.
The latest observation is above the average of the last 10 available observations (2.15%).
Across the five latest available observations (2020–2024), the pattern is predominantly upward.
Within the last 10 available observations, the low was 1.70% in 2015 and the high was 2.73% in 2021.
Comparison
Related indicators
Government DebtGC.DOD.TOTL.GD.ZS
Government SpendingNE.CON.GOVT.ZS
Government ExpenseGC.XPN.TOTL.GD.ZS
Government RevenueGC.REV.XGRT.GD.ZS
Tax RevenueGC.TAX.TOTL.GD.ZS
Fiscal BalanceGC.BAL.CASH.GD.ZS