Serbia Military Spending
Serbia spends an estimated 2.2% of GDP on its military in 2026; its most recent reported expenditure in US dollars is $2.6 billion (2025).
Defense budget and military expenditure data (1996–2027)
Data updated: July 7, 2026
Key Facts (2026 estimate)
Military Expenditure
$2.7 billion
Ranked #60 of 153 countries worldwide
Percent of GDP
2.2%
Ranked #70 of 163 countries by % of GDP
Year-over-Year Change
+5.0%
From $2.6B in 2025
Historical Peak Spending
$2.6 billion
Reached in 2025
How the 2026 figures are produced. The share-of-GDP figure is a per-country estimate researched from announced and enacted national defence budgets. The dollar figure is not a per-country forecast — it is the actual SIPRI figure for 2025 raised by a flat 5%, the same rate applied to every country in this group, so it can rise even where the share-of-GDP path falls. Actual SIPRI figures for Serbia run to 2025.
Serbia Defense Budget Summary
In 2026, Serbia is estimated to have spent $2.7 billion 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. Serbia is the #60 highest military spender in the world by absolute spending.
Compared to the previous year (2025), defense spending increased by 5.0%, from $2.6 billion to $2.7 billion. This change in the military budget reflects growing defense priorities.
The highest percentage of GDP allocated to defense spending was 4.6% in 2000. The historical average military budget is 2.5% 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) | 2.50% | $2,809M |
| 2026(estimate) | 2.20% | $2,682M |
| 2025 | 2.76% | $2,554M |
| 2024 | 2.67% | $2,404M |
| 2023 | 2.21% | $1,883M |
| 2022 | 2.17% | $1,762M |
| 2021 | 2.73% | $2,184M |
| 2020 | 2.30% | $1,676M |
| 2019 | 2.18% | $1,592M |
| 2018 | 2.02% | $1,398M |
| 2017 | 1.75% | $1,161M |
| 2016 | 1.86% | $1,203M |
| 2015 | 1.70% | $1,062M |
| 2014 | 1.87% | $1,148M |
| 2013 | 1.85% | $1,145M |
| 2012 | 1.92% | $1,182M |
| 2011 | 1.93% | $1,207M |
| 2010 | 2.00% | $1,257M |
| 2009 | 2.07% | $1,295M |
| 2008 | 2.05% | $1,317M |
| 2007 | 2.16% | $1,358M |
| 2006 | 2.12% | $1,204M |
| 2005 | 2.22% | $1,193M |
| 2004 | 2.75% | $1,424M |
| 2003 | 3.10% | $1,541M |
| 2002 | 3.78% | $1,759M |
| 2001 | 3.63% | $1,590M |
| 2000 | 4.60% | $1,997M |
| 1999 | 3.53% | $1,380M |
| 1998 | 3.06% | $1,473M |
| 1997 | 3.37% | $1,609M |
| 1996 | 3.16% | $1,449M |