Military Expenditure in Montenegro increased to 71.70 USD Million in 2017 from 61.70 USD Million in 2016. Military Expenditure in Montenegro averaged 65.37 USD Million from 2005 until 2017, reaching an all time high of 74 USD Million in 2008 and a record low of 54.30 USD Million in 2013.

Military Expenditure in Montenegro is expected to be 70.86 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Montenegro Military Expenditure is projected to trend around 71.11 USD Million in 2020, according to our econometric models.


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Montenegro Military Expenditure
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Montenegro Government Last Previous Highest Lowest Unit
Government Debt to GDP 62.50 63.70 88.30 26.80 percent [+]
Government Budget -2.00 -7.20 6.60 -7.20 percent of GDP [+]
Government Budget Value -85190520.34 -70097186.53 187654471.92 -303886124.31 EUR [+]
Government Spending 194981.00 163619.00 249154.00 132118.00 EUR Thousand [+]
Government Revenues 763781831.84 327432236.86 1785041971.06 165905908.20 EUR [+]
Government Debt 3105.01 2665.27 3105.01 700.40 EUR Million [+]
Fiscal Expenditure 848972352.18 397529423.39 2012876110.86 174130466.74 EUR [+]
Military Expenditure 71.70 61.70 74.00 54.30 USD Million [+]
Credit Rating 40.00 [+]


Montenegro Military Expenditure

Montenegro Military Expenditure - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
71.70 61.70 74.00 54.30 2005 - 2017 USD Million Yearly
constant 2016 prices




Country Last
Argentina 5164.97 Dec/17
Australia 26102.32 Dec/17
Brazil 25751.34 Dec/17
Canada 19837.10 Dec/17
China 228173.00 Dec/17
France 56287.40 Dec/17
Germany 43023.00 Dec/17
India 59757.10 Dec/17
Indonesia 7910.80 Dec/17
Italy 28416.60 Dec/17
Japan 46555.98 Dec/17
Mexico 5532.60 Dec/17
Netherlands 9780.20 Dec/17
Russia 55327.20 Dec/17
Saudi Arabia 69521.40 Dec/17
Singapore 10122.00 Dec/17
South Africa 3110.20 Dec/17
South Korea 37559.90 Dec/17
Spain 15686.00 Dec/17
Switzerland 4603.60 Dec/17
Turkey 19579.90 Dec/17
United Kingdom 48383.40 Dec/17
United States 597177.90 Dec/17


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