Ratio of military expenditure to gross domestic product (GDP) in Montenegro 2022

The ratio of military expenditure to gross domestic product (GDP) in Montenegro increased by 0.1 percentage points (+6.41 percent) compared to the previous year. In total, the ratio amounted to 1.61 percent in 2022. Over the observed period, the ratio has been subject to fluctuation.
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 Bulgaria and Bosnia and Herzegovina.