Montenegro Military Spending/Defense Budget 2005-2021

Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country).
  • Montenegro military spending/defense budget for 2019 was $0.09B, a 13.17% increase from 2018.
  • Montenegro military spending/defense budget for 2018 was $0.08B, a 20.04% increase from 2017.
  • Montenegro military spending/defense budget for 2017 was $0.07B, a 6.51% increase from 2016.
  • Montenegro military spending/defense budget for 2016 was $0.06B, a 8.48% increase from 2015.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
China $261.08B
Russia $65.10B
Brazil $26.95B
Turkey $20.45B
Iran $12.62B
Algeria $10.30B
Colombia $10.08B
Iraq $7.60B
Thailand $7.31B
Mexico $6.54B
Romania $4.94B
Malaysia $3.77B
South Africa $3.47B
Peru $2.72B
Lebanon $2.52B
Ecuador $2.47B
Bulgaria $2.13B
Jordan $2.03B
Azerbaijan $1.85B
Kazakhstan $1.77B
Serbia $1.14B
Belarus $0.78B
Armenia $0.67B
Dominican Republic $0.62B
Botswana $0.52B
Namibia $0.41B
Paraguay $0.40B
Guatemala $0.34B
Gabon $0.27B
Jamaica $0.25B
Albania $0.20B
Bosnia $0.18B
North Macedonia $0.15B
Montenegro $0.09B
Fiji $0.08B
Guyana $0.07B
Belize $0.02B
Mauritius $0.02B
Costa Rica $0.00B
Montenegro Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2019 $0.09B 1.64%
2018 $0.08B 1.43%
2017 $0.07B 1.36%
2016 $0.06B 1.41%
2015 $0.06B 1.40%
2014 $0.07B 1.47%
2013 $0.06B 1.45%
2012 $0.07B 1.66%
2011 $0.08B 1.75%
2010 $0.08B 1.81%
2009 $0.08B 1.84%
2008 $0.09B 1.87%
2007 $0.06B 1.74%
2006 $0.06B 2.29%
2005 $0.06B 2.69%