The ratio of military expenditure to gross domestic product (GDP) in North Macedonia increased by 0.1 percentage points (+6.8 percent) since 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. (June 28, 2024). North Macedonia: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022 [Graph]. In Statista. Retrieved September 20, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/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. June 28, 2024. Statista. Accessed September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/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: September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/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., 28 Jun 2024, https://www-statista-com.ezproxy.canberra.edu.au/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.ezproxy.canberra.edu.au/statistics/810487/ratio-of-military-expenditure-to-gross-domestic-product-gdp-macedonia/ (last visited September 20, 2024)
North Macedonia: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022 [Graph], World Bank, June 28, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/810487/ratio-of-military-expenditure-to-gross-domestic-product-gdp-macedonia/