Montenegro—Military Expenditure (USD)
Category: MilitarySource: World Bank World Development Indicators ↗Global Rank: #130 of 156Updated April 2026
Latest Value
$150.0M
2024
YoY Change
+31.3%
2023 → 2024
Global Rank
#130
of 156 countries
Maximum
$150.0M
2024
Minimum
$56.9M
2015
CAGR
+4.9%
20 years
Last
$150.0M
Previous
$114.3M
Highest
$150.0M
Lowest
$56.9M
Source
World Bank World Development Indicators
Montenegro's military expenditure (usd) was $150.0M in 2024, ranking #130 out of 156 countries. This represents a +31.3% change from 2023. Over the past 20 years, the highest recorded value was $150.0M (2024) and the lowest was $56.9M (2015). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | $150.0M | +31.3% |
| 2023 | $114.3M | +16.6% |
| 2022 | $98.0M | +7.5% |
| 2021 | $91.1M | +9.9% |
| 2020 | $82.9M | +12.1% |
| 2019 | $74.0M | -1.9% |
| 2018 | $75.4M | +14.7% |
| 2017 | $65.7M | +6.5% |
| 2016 | $61.7M | +8.5% |
| 2015 | $56.9M | -15.8% |
| 2014 | $67.5M | +4.2% |
| 2013 | $64.8M | -4.2% |
| 2012 | $67.7M | -14.7% |
| 2011 | $79.4M | +5.7% |
| 2010 | $75.1M | -2.1% |
| 2009 | $76.7M | -9.9% |
| 2008 | $85.1M | +32.6% |
| 2007 | $64.2M | +3.0% |
| 2006 | $62.3M | +2.5% |
| 2005 | $60.8M |
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 |