Military spending in US dollars in Serbia

• The highest was $2.55B in 2025, the lowest $1.06B in 2015.

• 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