The ratio of military expenditure to gross domestic product (GDP) in North Macedonia increased by 0.1 percentage points (+6.8 percent) compared to the previous year. Therefore, the ratio in North Macedonia reached a peak in 2022 with 1.61 percent. Military expenditure figures refer to the amount of money spent on a country's armed forces, including peacekeeping and defense operations, among others. When comparing international figures, there may be some inconsistencies depending on what respective countries consider as military spending.
Find more key insights for the ratio of military expenditure to gross domestic product (GDP) in countries like Albania and Montenegro.
North Macedonia: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022
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World Bank. (October 24, 2024). North Macedonia: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022 [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/810487/ratio-of-military-expenditure-to-gross-domestic-product-gdp-macedonia/
World Bank. "North Macedonia: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022." Chart. October 24, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/810487/ratio-of-military-expenditure-to-gross-domestic-product-gdp-macedonia/
World Bank. (2024). North Macedonia: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022. Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/810487/ratio-of-military-expenditure-to-gross-domestic-product-gdp-macedonia/
World Bank. "North Macedonia: Ratio of Military Spending to Gross Domestic Product (Gdp) from 2012 to 2022." Statista, Statista Inc., 24 Oct 2024, https://www.statista.com/statistics/810487/ratio-of-military-expenditure-to-gross-domestic-product-gdp-macedonia/
World Bank, North Macedonia: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022 Statista, https://www.statista.com/statistics/810487/ratio-of-military-expenditure-to-gross-domestic-product-gdp-macedonia/ (last visited December 30, 2024)
North Macedonia: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022 [Graph], World Bank, October 24, 2024. [Online]. Available: https://www.statista.com/statistics/810487/ratio-of-military-expenditure-to-gross-domestic-product-gdp-macedonia/