Military spending as a share of GDP in Serbia

Serbia: Military spending as a share of GDP was 1.6% in 2019. ▼ Falling

Latest (2019)
1.6%
Change on year
up 28.4%
World rank
67th
of 172 countries
All-time high
5.9%
in 1915
All-time low
1.0%
in 2016
Years of data
51
1878–2019

Military spending as a share of GDP in Serbia, 1878–2019

123456187819482019

Source: Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in % of GDP.

Analysis

The most recent figure for military spending as a share of gdp in Serbia is 1.6%, measured in 2019.

The figure is up 28.4% on the previous year and down 6.6% over ten years.

Over the whole period, military spending as a share of gdp in Serbia peaked at 5.9% in 1915 and was at its lowest, 1.0%, in 2016.

That places Serbia 67th out of 172 countries with data for 2019, putting it in the middle of the range.

The long-run direction has been consistently falling across the 51 years of available data.

Military spending as a share of GDP in Serbia, year by year

Annual values for Military spending as a share of GDP in Serbia, 1878 to 2019.
Year % of GDP Change
1878 2.3%
1879 2.1% -6.0%
1880 2.0% -6.3%
1881 2.1% +4.4%
1882 2.5% +19.6%
1883 2.7% +8.3%
1884 3.2% +16.3%
1885 3.1% -1.3%
1886 3.2% +2.4%
1887 3.0% -6.8%
1888 3.0% +1.8%
1889 2.8% -8.6%
1890 2.8% +1.1%
1891 2.4% -13.3%
1892 2.6% +7.9%
1893 2.5% -2.9%
1894 2.8% +9.6%
1895 2.9% +3.5%
1896 3.1% +7.1%
1897 3.3% +7.3%
1898 3.4% +3.6%
1899 3.7% +8.2%
1900 3.7% +1.0%
1901 3.4% -9.4%
1902 3.5% +2.8%
1903 3.5% +1.5%
1904 3.5% -1.8%
1905 3.6% +2.3%
1906 3.4% -4.2%
1907 3.5% +1.8%
1908 3.4% -0.9%
1909 3.8% +9.9%
1910 3.7% -2.7%
1911 3.7% +1.2%
1912 3.7% +0.2%
1913 3.9% +3.4%
1914 2.2% -42.7%
1915 5.9% +167.7%
2007 2.0% -65.6%
2008 1.9% -5.4%
2009 1.8% -8.6%
2010 1.7% -5.6%
2011 1.6% -2.3%
2012 1.5% -7.3%
2013 1.4% -10.1%
2014 1.3% -6.7%
2015 1.0% -16.9%
2016 1.0% -3.9%
2017 1.1% +13.1%
2018 1.3% +12.2%
2019 1.6% +28.3%

Averages by decade

DecadeAverage LowestHighest Years
1870s 2.2% 2.1% 2.3% 2
1880s 2.8% 2.0% 3.2% 10
1890s 3.0% 2.4% 3.7% 10
1900s 3.5% 3.4% 3.8% 10
1910s 3.9% 2.2% 5.9% 6
2000s 1.9% 1.8% 2.0% 3
2010s 1.4% 1.0% 1.7% 10

Countries ranked near Serbia

  1. 64 Kenya 1.7% compare
  2. 65 Central African Republic 1.7% compare
  3. 66 Guinea 1.7% compare
  4. 68 Eswatini 1.6% compare
  5. 69 Bangladesh 1.6% compare
  6. 70 Honduras 1.6% compare

See the full ranking of 172 places →

More economy & growth data for Serbia

All data for Serbia →

Frequently asked questions

What is military spending as a share of gdp in Serbia?
Military spending as a share of gdp in Serbia was 1.6% in 2019, according to Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data.
What is the highest military spending as a share of gdp recorded in Serbia?
The highest recorded value was 5.9% in 1915.
What is the lowest military spending as a share of gdp recorded in Serbia?
The lowest recorded value was 1.0% in 2016.
How does Serbia rank for military spending as a share of gdp?
Serbia ranks 67th out of 172 countries with data for 2019.
Is military spending as a share of gdp rising or falling in Serbia?
Over the last ten years it is down 6.6%. The long-run trend across the full record is falling.
Where does this Serbia data come from?
The figures come from Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as part of Military spending as a share of GDP. Statizoid updates them automatically from the source API.

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Military spending as a share of GDP in Serbia. Statizoid, drawing on Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Retrieved 03 September 2026, from https://economy.statizoid.com/stat/military-spending-as-a-share-of-gdp-gmsd/serbia/

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About this data

Indicator
Military spending as a share of GDP
Unit
% of GDP
Source
Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 14,793 data points, 1816–2019
Last refreshed

Military spending measured as a percentage of gross domestic product (GDP).