Military Expenditure in Serbia increased to 813 USD Million in 2018 from 802 USD Million in 2017. Serbia Military Expenditure - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Military Expenditure in Serbia averaged 925.22 USD Million from 1996 until 2018, reaching an all time high of 1369 USD Million in 2000 and a record low of 747 USD Million in 2016. source: SIPRI
Military Expenditure in Serbia is expected to reach 707.68 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Serbia Military Expenditure is projected to trend around 713.32 USD Million in 2021 and 718.08 USD Million in 2022, according to our econometric models.