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Military Spending / Serbia
Public Finance

Serbia Military Spending

Current and historical military spending data for Serbia, including latest value (2.6), trend, international ranking, comparison and source notes.
COUNTRY: Serbia
UNIT: percent of GDP
SOURCE: World Bank / public data sources
CACHE: partial
UPDATED: 2026-06-05T19:30:31+02:00
Economy Data Rating
Serbia · Economic Stability Rating
Composite rating based on inflation, growth, debt, unemployment and current account.
BBB
72 / 100
Stable economy
Fiscal stability 20.6 / 25
Macroeconomic stability 16.8 / 20
External stability 11.9 / 15
Financial robustness 8.3 / 15
Structural stability 5.9 / 10
Future capacity 7.2 / 10
Demographic capacity 1.8 / 5
Method: Economy Data 7-pillar stability model with structural financial robustness adjustment. This is a transparent Economy Data heuristic, not an official sovereign credit rating. Data coverage: 83% of weighted inputs available.
Time range: 1996–2024 1996– 2024
1996 2024
Selected year: 2024 · Value: n/a 2024

Serbia · military expenditure as a percentage of gdp.

1996–2024
2.6 percent of GDP
2.21 percent of GDP
2.15 percent of GDP
22 selected year
max 8 6 4 2 0
1996 2001 2006 2011 2016 2021 2024
military spending rate reference line

Countries by military spending

full ranking
Country Rate Class
Ukraine 34.48 high
Israel 8.78 high
Algeria 7.97 high
Saudi Arabia 7.3 high
Russia 7.05 high
Qatar 6.5 medium
United Arab Emirates 5.64 medium
Oman 5.59 medium

Interpretation

short note

This public finance indicator helps assess fiscal capacity, budget pressure and the role of government.

Values should be interpreted together with country context, time range, source coverage and related macroeconomic indicators.

Production version: show source, timestamp and fallback status here.

Comparison

latest
Germany 1.89
France 2.05
United Kingdom 2.28
United States 3.42
China 1.71

Related indicators

internal links
Government Debt GC.DOD.TOTL.GD.ZS
Government Revenue GC.REV.XGRT.GD.ZS
Government Expense GC.XPN.TOTL.GD.ZS
Fiscal Balance GC.BAL.CASH.GD.ZS
GDP Growth NY.GDP.MKTP.KD.ZG

Source layer

planned

Production version should display source, timestamp and fallback status here.

Provider: worldbank · Indicator code: MS.MIL.XPND.GD.ZS

Cache: partial · Updated: 2026-06-05T19:30:31+02:00

Serbia Snapshot

country profile
Population 6.59 m
GDP 90.1 bn
Debt/GDP n/a
Inflation 4.67%
Unemployment 7.12%
Currency n/a
Region Europe
Income group Upper middle income

Serbia Military Spending: data context and use

This page is part of the Economy Data indicator system. It provides structured country-level economic data, historical series, rankings and comparison views for researchers, students, journalists and decision makers. The page combines indicator metadata, country context, latest available values, ranking information and source notes.

The selected indicator is Military Spending for Serbia. The data are designed for quick comparison across countries and for deeper interpretation together with related macroeconomic indicators such as GDP growth, government debt, unemployment, current account balance, exports, imports, population and inequality.

Keyphrase synonyms: serbia military spending rate, military spending data serbia, serbia military spending statistics, serbia percent of gdp.