Military spending as a share of GDP in Serbia

Serbia: Military spending as a share of GDP was 2.8% in 2025. ▼ Falling

Latest (2025)
2.8%
Change on year
up 3.3%
World rank
42nd
of 166 countries
All-time high
4.6%
in 2000
All-time low
1.7%
in 2015
Years of data
30
1996–2025

Military spending as a share of GDP in Serbia, 1996–2025

0123451996201020251996: 3.2 % of GDP1997: 3.4 % of GDP1998: 3.1 % of GDP1999: 3.5 % of GDP2000: 4.6 % of GDP2001: 3.6 % of GDP2002: 3.8 % of GDP2003: 3.1 % of GDP2004: 2.8 % of GDP2005: 2.2 % of GDP2006: 2.1 % of GDP2007: 2.2 % of GDP2008: 2.1 % of GDP2009: 2.1 % of GDP2010: 2 % of GDP2011: 1.9 % of GDP2012: 1.9 % of GDP2013: 1.8 % of GDP2014: 1.9 % of GDP2015: 1.7 % of GDP2016: 1.9 % of GDP2017: 1.8 % of GDP2018: 2 % of GDP2019: 2.2 % of GDP2020: 2.3 % of GDP2021: 2.7 % of GDP2022: 2.2 % of GDP2023: 2.2 % of GDP2024: 2.7 % of GDP2025: 2.8 % of GDP

Source: Stockholm International Peace Research Institute (2026) – 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 2.8%, measured in 2025.

The figure is up 3.3% on the previous year and up 62.5% over ten years.

Over the whole period, military spending as a share of gdp in Serbia peaked at 4.6% in 2000 and was at its lowest, 1.7%, in 2015.

That places Serbia 42nd out of 166 countries with data for 2025, putting it in the top quarter.

The long-run direction has been consistently falling across the 30 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, 1996 to 2025.
Year % of GDP Change
1996 3.2%
1997 3.4% +6.6%
1998 3.1% -9.2%
1999 3.5% +15.5%
2000 4.6% +30.3%
2001 3.6% -21.0%
2002 3.8% +4.2%
2003 3.1% -18.2%
2004 2.8% -11.1%
2005 2.2% -19.3%
2006 2.1% -4.7%
2007 2.2% +2.2%
2008 2.1% -5.3%
2009 2.1% +1.2%
2010 2.0% -3.4%
2011 1.9% -3.9%
2012 1.9% -0.4%
2013 1.8% -3.7%
2014 1.9% +1.2%
2015 1.7% -9.3%
2016 1.9% +9.6%
2017 1.8% -5.6%
2018 2.0% +15.0%
2019 2.2% +8.2%
2020 2.3% +5.2%
2021 2.7% +18.9%
2022 2.2% -20.4%
2023 2.2% +1.6%
2024 2.7% +20.8%
2025 2.8% +3.3%

Averages by decade

DecadeAverage LowestHighest Years
1990s 3.3% 3.1% 3.5% 4
2000s 2.8% 2.1% 4.6% 10
2010s 1.9% 1.7% 2.2% 10
2020s 2.5% 2.2% 2.8% 6

Countries ranked near Serbia

  1. 39 Pakistan 2.9% compare
  2. 40 Cuba 2.9% compare
  3. 41 Namibia 2.8% compare
  4. 43 Mauritania 2.7% compare
  5. 44 Djibouti 2.6% compare
  6. 45 Republic of Korea 2.6% compare

See the full ranking of 166 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 2.8% in 2025, according to Stockholm International Peace Research Institute (2026) – 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 4.6% in 2000.
What is the lowest military spending as a share of gdp recorded in Serbia?
The lowest recorded value was 1.7% in 2015.
How does Serbia rank for military spending as a share of gdp?
Serbia ranks 42nd out of 166 countries with data for 2025.
Is military spending as a share of gdp rising or falling in Serbia?
Over the last ten years it is up 62.5%. The long-run trend across the full record is falling.
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 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 Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data. Retrieved 06 September 2026, from https://economy.statizoid.com/stat/military-spending-as-a-share-of-gdp-sipri/serbia/

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About this data

Indicator
Military spending as a share of GDP
Unit
% of GDP
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
166 places, 8,523 data points, 1949–2025
Last refreshed

Total military expenditure divided by gross domestic product, expressed as a percentage.