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Montenegro Military Spending

Military expenditure as % of GDP  MS.MIL.XPND.GD.ZS

Montenegro's military spending was 1.69% in 2025, ranked 71st globally. This represents a 7.8% decrease from 2024. Data from World Bank, covering 2005–2025.

1.69% −0.14% (-7.8%)
Year 2025 Rank #71 Global Peak 2.69% (2005) Source World Bank

Montenegro Military Spending (2005–2025)

Overview

Montenegro's military spending stood at 1.69% in 2025, a decline of +0.14% from 2024. Based on recent trends, this figure is projected to reach 1.69% by 2025. Montenegro ranked 71st globally.

Montenegro’s military expenditure has fallen steadily since the 2005 peak of 2.69 % of GDP, reaching a trough of 1.33 % in 2019 before a modest rebound to 1.69 % in 2025, ranking it 71st globally. This downward trajectory mirrors a broader regional pattern in which neighboring Georgia and Croatia maintain slightly higher shares at 1.77 % and Türkiye at 1.67 % of GDP, suggesting that Montenegro’s defence budget remains comparatively modest within the Balkans. The decline from the early‑2000s reflects a combination of fiscal consolidation and reduced perceived external threats after Montenegro’s NATO accession in 2017, while the recent uptick may be linked to heightened security concerns in the Black Sea area and the need to modernise ageing equipment. If fiscal pressures ease and regional security dynamics stabilise, Montenegro could maintain its current level or even modestly increase spending, but a resurgence of economic constraints would likely push the share back toward the 2019 trough.

Data & projection

Year Military Spending YoY change Rank
2027* trend 1.72% - -
2026* trend 1.70% - -
2025* trend 1.69% - -
2025 1.69% −0.14% #71
2024 1.83% +0.31% #78
2023 1.52% −0.05% #73
2022 1.57% +0.02% #84
2021 1.56% −0.18% #83
2020 1.74% +0.40% #86
2019 1.33% −0.03% #70
2018 1.37% +0.01% #77
2017 1.36% −0.05% #76
2016 1.41% +0.01% #77
2015 1.40% −0.07% #82
2014 1.47% +0.02% #85
2013 1.45% −0.20% #84
2012 1.66% −0.09% #94
2011 1.75% −0.07% #95
Show all years (2005-2025)
* Linear trend extrapolation

Detected Pattern

Fiscal Dominance Trap
Government debt exceeding 80% of GDP with real interest rates negative and inflation above 10%. Monetary policy effectiveness impaired by fiscal pressures.
Inflation 13.0% Real rate -5.7%
Occurred 386 times, 278 successful
Inflation
28.2%
Real rate
-4.2%
Inflation
219.9%
Real rate
-47.4%
Inflation
28.3%
Real rate
-7.0%
Inflation
91.4%
Real rate
-26.9%
Inflation
13.6%
Real rate
-0.9%
Inflation
133.5%
Real rate
-17.3%

Analysis

Montenegro matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw military spending improve within 24 months. View full analysis →

Frequently Asked Questions

What is Montenegro's military spending?▾

Montenegro's military spending was 1.69% in 2025. Ranked 71st globally. This represents a 7.8% decrease from the previous year.

What was the highest military spending in Montenegro?▾

Montenegro's military spending peaked at 2.69% in 2005.

What was the lowest military spending in Montenegro?▾

The lowest military spending in Montenegro was 1.33% in 2019.

How does Montenegro rank in military spending?▾

Montenegro ranks 71st globally in military spending as of 2025.

What is the World Bank indicator code for military spending?▾

The World Bank indicator code is MS.MIL.XPND.GD.ZS. Data sourced from World Bank.

What is the projected military spending of Montenegro in 2025?▾

Montenegro's military spending is projected to reach 1.69% by 2025 based on trend extrapolation.

What is the military spending of Montenegro in 2025?▾

The military spending of Montenegro in 2025 was 1.69%. This ranks 71st in the world.

Cite this page

APA
Montenegro Military Spending. HistorySaid. Retrieved November 1, 2026, from https://historysaid.com/montenegro/military-spending/
BibTeX
@misc{historysaid_montenegro_military-spending, title = {Montenegro Military Spending}, url = {https://historysaid.com/montenegro/military-spending/}, publisher = {HistorySaid}, year = {2026} }
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