Bosnia and Herzegovina—Military Expenditure (USD)
Category: MilitarySource: World Bank World Development Indicators ↗Global Rank: #120 of 156Updated April 2026
Latest Value
$216.0M
2024
YoY Change
+9.4%
2023 → 2024
Global Rank
#120
of 156 countries
Maximum
$242.5M
2009
Minimum
$156.3M
2017
CAGR
-0.5%
23 years
Last
$216.0M
Previous
$197.3M
Highest
$242.5M
Lowest
$156.3M
Source
World Bank World Development Indicators
Bosnia and Herzegovina's military expenditure (usd) was $216.0M in 2024, ranking #120 out of 156 countries. This represents a +9.4% change from 2023. Over the past 23 years, the highest recorded value was $242.5M (2009) and the lowest was $156.3M (2017). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | $216.0M | +9.4% |
| 2023 | $197.3M | +7.0% |
| 2022 | $184.5M | -12.0% |
| 2021 | $209.7M | +25.2% |
| 2020 | $167.5M | +1.3% |
| 2019 | $165.4M | -3.9% |
| 2018 | $172.1M | +10.1% |
| 2017 | $156.3M | -1.0% |
| 2016 | $157.9M | -2.7% |
| 2015 | $162.2M | -14.8% |
| 2014 | $190.4M | -3.7% |
| 2013 | $197.6M | +0.1% |
| 2012 | $197.3M | -6.9% |
| 2011 | $211.9M | -3.7% |
| 2010 | $219.9M | -9.3% |
| 2009 | $242.5M | +3.9% |
| 2008 | $233.3M | +19.6% |
| 2007 | $195.0M | +9.3% |
| 2006 | $178.4M | +2.9% |
| 2005 | $173.3M | -13.4% |
| 2004 | $200.1M | -1.1% |
| 2003 | $202.3M | -16.1% |
| 2002 | $241.0M |
Top Countries — Military Expenditure (USD)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | United States | $997.31B | 2024 |
| 2 | China | $313.66B | 2024 |
| 3 | Russian Federation | $148.97B | 2024 |
| 4 | Germany | $88.46B | 2024 |
| 5 | India | $86.13B | 2024 |
| 6 | United Kingdom | $81.76B | 2024 |
| 7 | Saudi Arabia | $80.33B | 2024 |
| 8 | Ukraine | $64.70B | 2024 |
| 9 | France | $64.68B | 2024 |
| 10 | Japan | $55.27B | 2024 |