Military Expenditure in Serbia increased to 2322.80 USD Million in 2024 from 1796.90 USD Million in 2023. Military Expenditure in Serbia averaged 945.92 USD Million from 1996 until 2024, reaching an all time high of 2322.80 USD Million in 2024 and a record low of 0.00 USD Million in 1996. source: SIPRI

Related	Last	Previous	Unit	Reference
Credit Rating	48.00			Feb 2026
Fiscal Expenditure	413529.60	229133.10	RSD Million	Dec 2025
Government Budget	-2.20	-2.20	percent of GDP	Dec 2024
Government Budget Value	-191821.40	-2049.00	RSD Million	Dec 2025
Government Debt	25350.30	25562.60	EUR Million	Sep 2025
Government Debt to GDP	47.20	48.00	percent of GDP	Dec 2024
Government Revenues	221708.20	227084.10	RSD Million	Dec 2025
Government Spending	319504.50	334338.60	RSD Million	Sep 2025
Government Spending to GDP	42.90	41.40	percent of GDP	Dec 2024
Holidays
Military Expenditure	2322.80	1796.90	USD Million	Dec 2024