Bosnia and Herzegovina: Military spending

The latest value from 2024 is 0.22 billion U.S. dollars, an increase from 0.2 billion U.S. dollars in 2023. In comparison, the world average is 17.79 billion U.S. dollars, based on data from 148 countries. Historically, the average for Bosnia and Herzegovina from 2002 to 2024 is 0.19 billion U.S. dollars. The minimum value, 0.16 billion U.S. dollars, was reached in 2015 while the maximum of 0.24 billion U.S. dollars was recorded in 2002. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

Definition: Military spending includes expenditure on peacekeeping, defense ministries, paramilitary forces, and military space activities. Also: military and civil personnel, including retirement pensions; operations and maintenance; procurement; military research and development; and military aid. Defense and current expenditure for past military activities, such as for veterans' benefits, demobilization, conversion, and weapon destruction, are not included.