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Military Expenditure (Local Currency) in Serbia

Source: World Bank
Last Updated: April 1, 2024

Military expenditure in local currency reached RSD 159 bil in 2022 in Serbia, according to the SIPRI Military Expenditure Database. This is 26.6% more than in the previous year.

Historically, military expenditure in local currency in Serbia reached an all time high of RSD 159 bil in 2022 and an all time low of RSD 0.667 bil in 1992.

Serbia has been ranked 52nd within the group of 150 countries we follow in terms of military expenditure in local currency.

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