Serbia - Military Expenditure
Since 2014, Serbia Military Expenditure increased 4.6% year on year. In 2019, the country was number 72 comparing other countries in Military Expenditure at $1,143,779,270.27. Serbia is overtaken by Uruguay, which was ranked number 71 with $1,146,317,701.83 and is followed by Ireland with $1,112,740,707.57. United States lead the ranking with $731,751,400,000 in 2019, that is +7.2% compared to 2018. China, India and Russia respectively ranked number 2, 3 and 4 in this ranking. Bulgaria witnessed the best average annual growth at +23.3% per year, while Venezuela was the worst growing country at -55.3% per year.
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| Date | US Dollars |
|---|---|
| 2019 | 1,143,779,270.27 |
| 2018 | 817,742,205.96 |
| 2017 | 801,700,087.19 |
| 2016 | 710,397,717.13 |
| 2015 | 724,151,880.19 |
Download all data from 1997 to 2019
How does Serbia rank in Military Expenditure?
| # | 156 Countries | US Dollars | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
731,751,400,000.00 | 2019 | +7.2 % | +2.5 % | View data | |
| 2 |
#2
China
|
261,081,940,426.67 | 2019 | +3.0 % | +5.4 % | View data | |
| 71 |
#71
Uruguay
|
1,146,317,701.83 | 2019 | -9.8 % | +2.1 % | View data | |
| 72 |
#72
Serbia
|
1,143,779,270.27 | 2019 | +39.9 % | +4.6 % | View data | |
| 73 |
#73
Ireland
|
1,112,740,707.57 | 2019 | +0.5 % | -1.4 % | View data | |