Military expenditure at constant USD prices from 2014 fell 3.96% to USD 877 mil in Serbia in 2015, according to the SIPRI Military Expenditure Database.
Historically, military expenditure at constant USD prices from 2014 in Serbia reached an all time high of USD 1,599 mil in 2000 and an all time low of USD 877 mil in 2015. When compared to Serbia's main peers, military expenditure at constant USD prices from 2014 in Bosnia and Herzegovina amounted to USD 193 mil, USD 904 mil in Croatia, USD 1,225 mil in Hungary and USD 2,980 mil in Romania in 2015.
Serbia has been ranked 74th within the group of 142 countries we follow in terms of military expenditure at constant USD prices from 2014, 2 places below the position seen 10 years ago.
| Military Expenditure (Constant 2014 USD) | Unit | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Austria | USD mil | 3,557 | 3,536 | 3,456 | 3,411 | 3,278 | ||||||||||||||||
| Bosnia and Herzegovina | USD mil | ... | ... | ... | ... | ... | ... | ... | 248 | 231 | 204 | 202 | 196 | |||||||||
| Bulgaria | USD mil | 1,005 | 956 | 810 | 829 | 886 | ||||||||||||||||
| Croatia | USD mil | 1,131 | 1,048 | 1,085 | 992 | 948 | ||||||||||||||||
| Czechia | USD mil | 2,713 | 2,463 | 2,218 | 2,060 | 1,971 | ||||||||||||||||
| Hungary | USD mil | 1,502 | 1,347 | 1,365 | 1,299 | 1,228 | ||||||||||||||||
| Italy | USD mil | 39,897 | 38,772 | 38,047 | 35,342 | 33,948 | ||||||||||||||||
| Moldova | USD mil | 26.2 | 20.0 | 22.1 | 22.7 | 25.2 | ||||||||||||||||
| Montenegro | USD mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 80.6 | 82.2 | 80.1 | 71.0 | 70.1 | ||||||
| Poland | USD mil | 8,768 | 9,175 | 9,302 | 9,383 | 9,304 | ||||||||||||||||
| Romania | USD mil | 2,469 | 2,274 | 2,353 | 2,289 | 2,463 | ||||||||||||||||
| Serbia | USD mil | ... | 1,037 | 1,006 | 966 | 934 | 904 | |||||||||||||||
| Slovakia | USD mil | 1,420 | 1,243 | 1,067 | 1,067 | 966 | ||||||||||||||||
| Slovenia | USD mil | 828 | 824 | 665 | 572 | 507 | ||||||||||||||||
| Ukraine | USD mil | 3,006 | 3,024 | 2,779 | 3,111 | 3,309 |
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