Bulgaria vs Serbia

Bulgaria vs Serbia: Military spending in US dollars

Military spending in US dollars in 2025: $2.4B in Bulgaria and $2.55B in Serbia, by SIPRI estimates. In 2025 the value was higher in Serbia, by $158M, or 1.07 times that in Bulgaria.

US dollars at 2024 prices · SIPRI

Bulgaria vs Serbia: Military spending in US dollarsMilitary spending in US dollars in 2025: $2.4B in Bulgaria and $2.55B in Serbia, by SIPRI estimates. In 2025 the value was higher in Serbia, by $158M, or 1.07 times that in Bulgaria.
BulgariaSerbiaSIPRI estimate

What the numbers say

  • Serbia has been higher since 2024, when it overtook Bulgaria.
  • In 2025, Bulgaria ranked 61 and Serbia ranked 58 of 151 countries, counting from the highest.

Every year

US dollars at 2024 prices · SIPRI

YearBulgariaSerbia
2025$2.4B$2.55B
2024$2.19B$2.4B
2023$2.04B$1.88B
2022$1.66B$1.76B
2021$1.51B$2.18B
2020$1.42B$1.68B
2019$2.83B$1.59B
2018$1.23B$1.4B
2017$999M$1.16B
2016$964M$1.2B
2015$900M$1.06B
2014$888M$1.15B
2013$950M$1.15B
2012$880M$1.18B
2011$879M$1.21B
2010$1.06B$1.26B
2009$1.12B$1.3B
2008$1.41B$1.32B
2007$1.44B$1.36B
2006$1.23B$1.2B
2005$1.24B–
2004$1.21B–
2003$1.3B–
2002$1.28B–
2001$1.27B–
2000$1.14B–
1999$1.11B–
1998$978M–
1997$846M–
1996$906M–
1995$1.1B–
1994$1.12B–
1993$1.31B–
1992$1.73B–
1991$2.29B–
1990$4.23B–
1989$5.24B–
  • Estimate

Each country on its own

Good to know

  • What the country spends on its armed forces and defence, in constant 2024 US dollars so that years compare, by SIPRI’s count.
  • Source: Information from the Stockholm International Peace Research Institute (SIPRI) Military Expenditure Database, https://doi.org/10.55163/CQGC9685.
  • Marked points are SIPRI’s own: a dot where it gives the figure as its estimate, a ring where it calls the figure highly uncertain.
  • Ranks count the 151 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

Bulgaria vs Serbia

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