Military expenditure as a share of GDP reached 0.899 % in 2017 in Bosnia and Herzegovina, according to the SIPRI Military Expenditure Database. This is 6.56 % less than in the previous year.
Historically, military expenditure as a share of GDP in Bosnia and Herzegovina reached an all time high of 3.90 % in 2002 and an all time low of 0.899 % in 2017. When compared to Bosnia and Herzegovina's main peers, military expenditure as a share of GDP in Croatia amounted to 1.44 %, 1.52 % in Italy, 1.67 % in Montenegro and 1.83 % in Serbia in 2017.
Bosnia and Herzegovina has been ranked 119th within the group of 146 countries we follow in terms of military expenditure as a share of GDP, 10 places behind the position seen 10 years ago.
Military expenditure is derived from the NATO definition, which includes all current and capital expenditure on the armed forces, including peacekeeping forces, defence ministries and other government agencies engaged in defence projects, paramilitary forces, if these are judged to be trained and equipped for military operations, and military space activities.