Military expenditure in usd prices reached USD 1.43 bil in 2022 in Serbia, according to the SIPRI Military Expenditure Database. This is 12.2% more than in the previous year.
Historically, military expenditure in USD prices in Serbia reached an all time high of USD 3.95 bil in 1996 and an all time low of USD 0.229 bil in 1992.
Serbia has been ranked 65th within the group of 150 countries we follow in terms of military expenditure in USD prices.
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