Montenegro Military Spending
Defense budget and military expenditure data (2005–2027)
Data updated: July 7, 2026
Key Facts (2026 estimate)
Military Expenditure
$171 million
Ranked #130 of 153 countries worldwide
Percent of GDP
2.2%
Ranked #68 of 163 countries by % of GDP
Year-over-Year Change
+4.9%
From $163M in 2025
Historical Peak Spending
$179 million
Reached in 2027
Montenegro Defense Budget Summary
In 2026, Montenegro is estimated to have spent $171 million on military and defense, representing 2.2% of the country's Gross Domestic Product (GDP). This budget covers the armed forces including army, navy, and air force expenditures. Montenegro is the #130 highest military spender in the world by absolute spending.
Compared to the previous year (2025), defense spending increased by 4.9%, from $163 million to $171 million. This change in the military budget reflects growing defense priorities.
The highest percentage of GDP allocated to defense spending was 2.7% in 2005. The historical average military budget is 1.8% of GDP.
Data source: SIPRI Military Expenditure Database. Values are in constant 2024 US dollars. Data for 2026 is an estimate based on government budget announcements.
Historical Military Spending
Military Spending (% of GDP)
Military Spending (USD Billions, 2024 prices)
Historical Data
| Year | Percent of GDP | USD (millions) |
|---|---|---|
| 2027(estimate) | 2.40% | $179M |
| 2026(estimate) | 2.20% | $171M |
| 2025 | 1.89% | $163M |
| 2024 | 1.81% | $150M |
| 2023 | 1.50% | $118M |
| 2022 | 1.57% | $113M |
| 2021 | 1.57% | $106M |
| 2020 | 1.76% | $102M |
| 2019 | 1.35% | $93M |
| 2018 | 1.39% | $90M |
| 2017 | 1.38% | $85M |
| 2016 | 1.42% | $83M |
| 2015 | 1.42% | $76M |
| 2014 | 1.48% | $76M |
| 2013 | 1.47% | $73M |
| 2012 | 1.66% | $80M |
| 2011 | 1.76% | $90M |
| 2010 | 1.82% | $93M |
| 2009 | 1.84% | $91M |
| 2008 | 1.87% | $99M |
| 2007 | 1.74% | $87M |
| 2006 | 2.29% | $96M |
| 2005 | 2.69% | $97M |