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Military Expenditure (Local Currency) in Montenegro

Source: World Bank
Last Updated: February 1, 2024

Military expenditure in local currency reached EUR 0.093 bil in 2022 in Montenegro, according to the SIPRI Military Expenditure Database. This is 20.9% more than in the previous year.

Historically, military expenditure in local currency in Montenegro reached an all time high of EUR 0.093 bil in 2022 and an all time low of EUR 0.047 bil in 2007.

Montenegro has been ranked 146th within the group of 150 countries we follow in terms of military expenditure in local currency.


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