Military Expenditure (Local Currency) in Serbia

Military expenditure in local currency reached RSD 231,423,180,253 bil in 2023 in Serbia, according to the SIPRI Military Expenditure Database. This is 145,306,991,551% more than in the previous year.

Historically, military expenditure in local currency in Serbia reached an all time high of RSD 231,423,180,253 bil in 2023 and an all time low of RSD 0.667 bil in 1992.

Serbia has been ranked 45th within the group of 148 countries we follow in terms of military expenditure in local currency.