Montenegro—Military Spending (% of govt expenditure)
Category: MilitarySource: World Bank World Development Indicators ↗Global Rank: #97 of 151Updated April 2026
Latest Value
4.2%
2024
YoY Change
+11.3%
2023 → 2024
Global Rank
#97
of 151 countries
Maximum
7.1%
2005
Minimum
2.9%
2017
CAGR
-2.7%
20 years
Last
4.2%
Previous
3.8%
Highest
7.1%
Lowest
2.9%
Source
World Bank World Development Indicators
Montenegro's military spending (% of govt expenditure) was 4.2% in 2024, ranking #97 out of 151 countries. This represents a +11.3% change from 2023. Over the past 20 years, the highest recorded value was 7.1% (2005) and the lowest was 2.9% (2017). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 4.2% | +11.3% |
| 2023 | 3.8% | +1.2% |
| 2022 | 3.7% | +7.1% |
| 2021 | 3.5% | +8.5% |
| 2020 | 3.2% | +5.4% |
| 2019 | 3.0% | +4.6% |
| 2018 | 2.9% | +0.3% |
| 2017 | 2.9% | -2.6% |
| 2016 | 3.0% | -1.9% |
| 2015 | 3.0% | -9.1% |
| 2014 | 3.3% | +5.1% |
| 2013 | 3.2% | -12.6% |
| 2012 | 3.6% | -6.2% |
| 2011 | 3.9% | -0.7% |
| 2010 | 3.9% | +8.3% |
| 2009 | 3.6% | -2.0% |
| 2008 | 3.7% | -7.9% |
| 2007 | 4.0% | -26.1% |
| 2006 | 5.4% | -23.7% |
| 2005 | 7.1% |
Top Countries — Military Spending (% of govt expenditure)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Ukraine | 54.0% | 2024 |
| 2 | Belarus | 50.7% | 2024 |
| 3 | Myanmar | 29.1% | 2024 |
| 4 | Qatar | 26.9% | 2022 |
| 5 | Saudi Arabia | 22.3% | 2024 |
| 6 | Somalia, Fed. Rep. | 21.6% | 2024 |
| 7 | Algeria | 21.4% | 2024 |
| 8 | Oman | 20.1% | 2024 |
| 9 | Singapore | 20.1% | 2024 |
| 10 | Israel | 20.0% | 2024 |