Serbia Military Spending/Defense Budget 1992-2024
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).
- Serbia military spending/defense budget for 2022 was $1.43B, a 12.24% increase from 2021.
- Serbia military spending/defense budget for 2021 was $1.27B, a 13.34% increase from 2020.
- Serbia military spending/defense budget for 2020 was $1.12B, a 1.97% decline from 2019.
- Serbia military spending/defense budget for 2019 was $1.14B, a 39.87% increase from 2018.
| Serbia Military Spending/Defense Budget - Historical Data |
| Year |
Billions of US $ |
% of GDP |
| 2022 |
$1.43B |
2.28% |
| 2021 |
$1.27B |
2.01% |
| 2020 |
$1.12B |
2.10% |
| 2019 |
$1.14B |
2.21% |
| 2018 |
$0.82B |
1.61% |
| 2017 |
$0.80B |
1.84% |
| 2016 |
$0.71B |
1.75% |
| 2015 |
$0.72B |
1.83% |
| 2014 |
$0.91B |
1.94% |
| 2013 |
$0.92B |
1.90% |
| 2012 |
$0.85B |
1.97% |
| 2011 |
$0.99B |
2.00% |
| 2010 |
$0.87B |
2.09% |
| 2009 |
$0.97B |
2.16% |
| 2008 |
$1.11B |
2.13% |
| 2007 |
$0.97B |
2.25% |
| 2006 |
$0.71B |
2.17% |
| 2005 |
$0.63B |
2.27% |
| 2004 |
$0.74B |
2.97% |
| 2003 |
$0.73B |
3.45% |
| 2002 |
$0.68B |
4.21% |
| 2001 |
$0.49B |
4.03% |
| 2000 |
$0.34B |
5.15% |
| 1999 |
$0.74B |
4.01% |
| 1998 |
$0.64B |
3.51% |
| 1997 |
$0.91B |
3.79% |
| 1996 |
$0.00B |
3.51% |
| 1992 |
$0.23B |
3.51% |
