Montenegro Military Spending/Defense Budget 2005-2023
Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country).
- Montenegro military spending/defense budget for 2020 was $0.10B, a 31.46% increase from 2019.
- Montenegro military spending/defense budget for 2019 was $0.08B, a 1.58% decline from 2018.
- Montenegro military spending/defense budget for 2018 was $0.08B, a 20.04% increase from 2017.
- Montenegro military spending/defense budget for 2017 was $0.07B, a 6.51% increase from 2016.
Montenegro Military Spending/Defense Budget - Historical Data |
Year |
Billions of US $ |
% of GDP |
2020 |
$0.10B |
2.05% |
2019 |
$0.08B |
1.40% |
2018 |
$0.08B |
1.43% |
2017 |
$0.07B |
1.36% |
2016 |
$0.06B |
1.41% |
2015 |
$0.06B |
1.40% |
2014 |
$0.07B |
1.47% |
2013 |
$0.06B |
1.45% |
2012 |
$0.07B |
1.66% |
2011 |
$0.08B |
1.75% |
2010 |
$0.08B |
1.81% |
2009 |
$0.08B |
1.84% |
2008 |
$0.09B |
1.87% |
2007 |
$0.06B |
1.74% |
2006 |
$0.06B |
2.29% |
2005 |
$0.06B |
2.69% |