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Military Expenditure (As % of GDP) in Montenegro

Source: World Bank
Last Updated: October 23, 2023

Military expenditure as a share of gdp reached 1.61% in 2022 in Montenegro, according to the SIPRI Military Expenditure Database. This is 3.36% more than in the previous year.

Historically, military expenditure as a share of GDP in Montenegro reached an all time high of 2.69% in 2005 and an all time low of 1.33% in 2019.

Montenegro has been ranked 62nd within the group of 148 countries we follow in terms of military expenditure as a share of GDP.

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