Military Expenditure in Serbia increased to 813 USD Million in 2018 from 802 USD Million in 2017.

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. Serbia Military Expenditure - values, historical data and charts - was last updated on July of 2020. source: SIPRI

Military Expenditure in Serbia is expected to reach 708.63 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.

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Serbia Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
813.00 802.00 1369.00 747.00 1996 - 2018 USD Million Yearly
constant 2017 prices

Serbia Government Last Previous Highest Lowest Unit
Government Debt to GDP 52.00 53.70 201.20 26.80 percent [+]
Government Budget 0.20 0.60 1.10 -5.90 percent of GDP [+]
Government Debt 2887536.43 2856342.98 3089477.59 1505550.20 RSD Million [+]
Military Expenditure 813.00 802.00 1369.00 747.00 USD Million [+]
Government Spending 244154.00 257802.10 257802.10 3754.20 RSD Million [+]
Government Spending To Gdp 42.30 40.90 45.20 39.80 percent [+]
Credit Rating 46.00 [+]