Serbia Military Spending
Defense budget and military expenditure data (1996–2026)
Key Facts (2026 estimate)
Military Expenditure
$2.4 billion
Ranked #62 of 148 countries worldwide
Percent of GDP
2.4%
Ranked #50 of 157 countries by % of GDP
Year-over-Year Change
+4.8%
From $2.3B in 2025
Historical Peak Spending
$2.4 billion
Reached in 2026
Serbia Defense Budget Summary
In 2026, Serbia is estimated to have spent $2.4 billion on military and defense, representing 2.4% of the country's Gross Domestic Product (GDP). This budget covers the armed forces including army, navy, and air force expenditures. Serbia is the #62 highest military spender in the world by absolute spending.
Compared to the previous year (2025), defense spending increased by 4.8%, from $2.3 billion to $2.4 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 2023 US dollars. Data for 2026 is an estimate based on government budget announcements.
Historical Military Spending
Military Spending (% of GDP)
Military Spending (USD Billions, 2023 prices)
Historical Data
| Year | Percent of GDP | USD (millions) |
|---|---|---|
| 2026(estimate) | 2.40% | $2,442M |
| 2025(estimate) | 2.30% | $2,331M |
| 2024 | 2.60% | $2,220M |
| 2023 | 2.21% | $1,797M |
| 2022 | 2.17% | $1,681M |
| 2021 | 2.73% | $2,084M |
| 2020 | 2.30% | $1,599M |
| 2019 | 2.18% | $1,519M |
| 2018 | 2.02% | $1,334M |
| 2017 | 1.75% | $1,108M |
| 2016 | 1.86% | $1,148M |
| 2015 | 1.70% | $1,013M |
| 2014 | 1.87% | $1,095M |
| 2013 | 1.85% | $1,093M |
| 2012 | 1.92% | $1,128M |
| 2011 | 1.93% | $1,151M |
| 2010 | 2.00% | $1,199M |
| 2009 | 2.07% | $1,236M |
| 2008 | 2.05% | $1,257M |
| 2007 | 2.16% | $1,295M |