Montenegro vs Serbia
Montenegro vs Serbia: Military spending in US dollars
Military spending in US dollars in 2025: $163M in Montenegro and $2.55B in Serbia, by SIPRI estimates. In 2025 the value was higher in Serbia, by $2.39B, or 16 times that in Montenegro.
US dollars at 2024 prices · SIPRI
What the numbers say
- Serbia has been higher in every year both have figures for since 2006.
- In 2025, Montenegro ranked 125 and Serbia ranked 58 of 151 countries, counting from the highest.
Every year
US dollars at 2024 prices · SIPRI
| Year | Montenegro | Serbia |
|---|---|---|
| 2025 | $163M | $2.55B |
| 2024 | $150M | $2.4B |
| 2023 | $118M | $1.88B |
| 2022 | $114M | $1.76B |
| 2021 | $106M | $2.18B |
| 2020 | $102M | $1.68B |
| 2019 | $92.7M | $1.59B |
| 2018 | $89.9M | $1.4B |
| 2017 | $84.6M | $1.16B |
| 2016 | $82.5M | $1.2B |
| 2015 | $75.6M | $1.06B |
| 2014 | $76.2M | $1.15B |
| 2013 | $72.6M | $1.15B |
| 2012 | $80.1M | $1.18B |
| 2011 | $90.4M | $1.21B |
| 2010 | $92.8M | $1.26B |
| 2009 | $91M | $1.3B |
| 2008 | $99.1M | $1.32B |
| 2007 | $87M | $1.36B |
| 2006 | $96.2M | $1.2B |
| 2005 | $97.4M | – |
- 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
Montenegro vs Serbia
Health
- Life expectancyMontenegro: 77.1 years in 2023Serbia: 76.8 years in 2023
- Child mortalityMontenegro: 0.2 per 100 live births in 2024Serbia: 0.5 per 100 live births in 2024
- Infant mortalityMontenegro: 1.7 per 1,000 live births in 2023Serbia: 4.2 per 1,000 live births in 2023
- Safe drinking waterMontenegro: 85.1% in 2022Serbia: 75.1% in 2022
- DepressionMontenegro: 2.56% in 2017Serbia: 2.57% in 2017
- Suicide rateMontenegro: 9.4 per 100,000 people in 2017Serbia: 12.7 per 100,000 people in 2017
People
- PopulationMontenegro: 633,600 people in 2023Serbia: 6.77 million people in 2023
- Population growthMontenegro: 1.86% a year in 2023Serbia: -0.44% a year in 2023
- Fertility rateMontenegro: 1.8 births per woman in 2023Serbia: 1.5 births per woman in 2023
- Urban populationMontenegro: 65.6% in 2025Serbia: 62.6% in 2025
- Median ageMontenegro: 39.3 years in 2023Serbia: 43.9 years in 2023
- People aged 65 and overMontenegro: 17.5% in 2023Serbia: 22.3% in 2023
- Net migration rateMontenegro: 18.9 per 1,000 people in 2023Serbia: 0.6 per 1,000 people in 2023
Economy
Education
Politics
Conflict
Military
- Military spendingMontenegro: 1.89% of GDP in 2025Serbia: 2.76% of GDP in 2025
- Military spending per personMontenegro: $277 in 2025Serbia: $414 in 2025
- Military share of state spendingMontenegro: 4.4% of government spending in 2025Serbia: 6.4% of government spending in 2025
- Armed forces personnelMontenegro: 12,000 people in 2020Serbia: 32,000 people in 2020
- National powerMontenegro: 0.01% of world capability in 2022Serbia: 0.09% of world capability in 2022
- Armed forces, share of workersMontenegro: 4.66% of the labour force in 2020Serbia: 1.01% of the labour force in 2020
- Arms importsMontenegro: 1 million TIV in 2025Serbia: 146 million TIV in 2025
- Arms exportsMontenegro: 4 million TIV in 2022Serbia: 39 million TIV in 2025