Montenegro ME: Military Expenditure as % of Central Government Expenditure

2005 - 2017 | Yearly | % | World Bank

Montenegro ME: Military Expenditure as % of Central Government Expenditure data was reported at 3.336 % in 2017. This records an increase from the previous number of 2.995 % for 2016. Montenegro ME: Military Expenditure as % of Central Government Expenditure data is updated yearly, averaging 3.624 % from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 7.056 % in 2005 and a record low of 2.995 % in 2016. Montenegro ME: Military Expenditure as % of Central Government Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Montenegro – Table ME.World Bank: Defense and Official Development Assistance. Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.); ; Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.; Weighted average; Data for some countries are based on partial or uncertain data or rough estimates.

View Montenegro's Montenegro ME: Military Expenditure as % of Central Government Expenditure from 2005 to 2017 in the chart:

Montenegro Montenegro ME: Military Expenditure as % of Central Government Expenditure

What was Montenegro's Montenegro ME: Military Expenditure as % of Central Government Expenditure in 2017?

Last Previous Min Max Unit Frequency Range
3.34 2017 3.00 2016 3.00 2016 7.06 2005 % yearly 2005 - 2017

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Montenegro Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 33,490.670 2027 yearly 2000 - 2027
Forecast: Nominal GDP Per Capita (USD) 19,899.005 2030 yearly 2000 - 2030
Forecast: Real GDP Growth (%) 3.000 2028 yearly 2001 - 2028
GDP Deflator Growth (%) 5.0 Jun 2025 quarterly Mar 2007 - Jun 2025
GDP per Capita (USD) 13,260.131 2024 yearly 2000 - 2024
Gross Fixed Capital Formation (USD mn) 552.507 Sep 2025 quarterly Mar 2006 - Sep 2025
Gross National Product (GNP) (USD mn) 8,046.492 2024 yearly 1997 - 2024
Gross Savings Rate (%) 20.2 Sep 2025 quarterly Mar 2006 - Sep 2025
Investment: % of GDP (%) 28.9 Jun 2025 quarterly Mar 2006 - Jun 2025
Nominal GDP (USD mn) 2,278.2 Jun 2025 quarterly Mar 2006 - Jun 2025
Nominal GDP Growth (%) 7.718 Sep 2025 quarterly Mar 2007 - Sep 2025
Private Consumption Expenditure (USD mn) 1,957.162 Sep 2025 quarterly Mar 2006 - Sep 2025
Private Consumption: % of GDP (%) 65.1 Sep 2025 quarterly Mar 2006 - Sep 2025
Public Consumption Expenditure (USD mn) 409.406 Sep 2025 quarterly Mar 2006 - Sep 2025
Public Consumption: % of GDP (%) 17.1 Jun 2025 quarterly Mar 2006 - Jun 2025
Real GDP Growth (%) 3.1 Sep 2025 quarterly Mar 2007 - Sep 2025
Total Trade of Goods & Services: % of Nominal GDP (%) 109.125 Sep 2025 quarterly Mar 2006 - Sep 2025
Production Last Frequency Range
Industrial Production Index Growth (%) -38.1 Oct 2025 monthly Jan 2001 - Oct 2025
Minerals Production (Metric Ton) 2,421,801.000 2023 yearly 2009 - 2023
Construction and Properties Last Frequency Range
House Prices Growth (%) 20.2 Sep 2025 quarterly Mar 2012 - Sep 2025
Building Permits (Unit) 265.000 Sep 2025 quarterly Mar 2011 - Sep 2025
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.1 Sep 2025 quarterly Dec 2012 - Sep 2025
Forecast: Government Expenditure (EUR bn) 4.812 2030 yearly 2002 - 2030
Forecast: Government Net Debt (EUR bn) 6.956 2030 yearly 2002 - 2030
Forecast: Government Revenue (EUR bn) 4.350 2030 yearly 2002 - 2030
Government Debt: % of GDP (%) 58.3 Sep 2025 quarterly Dec 2010 - Sep 2025
Tax Revenue (USD mn) 225.489 Oct 2025 monthly Jan 2012 - Oct 2025
National Government Debt (USD mn) 5,521.7 Sep 2025 monthly Dec 2010 - Sep 2025
Consolidated Fiscal Balance (USD mn) -36.609 Oct 2025 monthly Jan 2012 - Oct 2025
Tax Revenue: % of GDP (%) 24.2 Sep 2025 quarterly Mar 2012 - Sep 2025
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 271,428.000 Oct 2025 monthly Jan 2004 - Oct 2025
Forecast: Population (Person mn) 0.635 2030 yearly 2023 - 2030
Forecast: Unemployment Rate (%) 11.000 2015 yearly 2003 - 2015
Labour Force Participation Rate (%) 61.0 Jun 2025 quarterly Mar 2008 - Jun 2025
Labour Productivity Growth (%) 5.12 Jun 2025 quarterly Mar 2009 - Jun 2025
Monthly Earnings (USD) 1,410 Oct 2025 monthly Jan 2004 - Oct 2025
Population (Person mn) 0.6 2024 yearly 1921 - 2024
Unemployment Rate (%) 10.50 Jun 2025 quarterly Mar 2008 - Jun 2025

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