Latin America & the Caribbean (IDA & IBRD countries) vs Sweden: Military expenditure (current USD), annual growth rate
Military expenditure (current USD), annual growth rate over time
- Latin America & the Caribbean (IDA & IBRD countries)
- Sweden
How they compare
Sweden currently reports 37.53 % change on previous year against 10.62 % change on previous year in Latin America & the Caribbean (IDA & IBRD countries), a difference of 26.91 % change on previous year.
That makes Sweden's figure about 3.5 times Latin America & the Caribbean (IDA & IBRD countries)'s.
The two have swapped places 26 times across 64 shared years of data; in 1961 it was Sweden ahead.
Latin America & the Caribbean (IDA & IBRD countries) ranks 16th and Sweden ranks 15th of 41 groups.
Across the 7 decades both report, Latin America & the Caribbean (IDA & IBRD countries) averaged higher in 4 and Sweden in 3.
Head to head by decade
| Decade | Latin America & the Caribbean (IDA & IBRD countries) | Sweden | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 10.46 % change on previous year | 7.64 % change on previous year | 2.81 % change on previous year | Latin America & the Caribbean (IDA & IBRD countries) |
| 1970s | 19.37 % change on previous year | 12.81 % change on previous year | 6.56 % change on previous year | Latin America & the Caribbean (IDA & IBRD countries) |
| 1980s | 3.4 % change on previous year | 4.55 % change on previous year | 1.15 % change on previous year | Sweden |
| 1990s | 5.18 % change on previous year | 1.1 % change on previous year | 4.08 % change on previous year | Latin America & the Caribbean (IDA & IBRD countries) |
| 2000s | 9.12 % change on previous year | 0.5133 % change on previous year | 8.6 % change on previous year | Latin America & the Caribbean (IDA & IBRD countries) |
| 2010s | 1.4 % change on previous year | 1.78 % change on previous year | 0.3741 % change on previous year | Sweden |
| 2020s | 4.22 % change on previous year | 16.21 % change on previous year | 11.98 % change on previous year | Sweden |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher military expenditure (current usd), annual growth rate, Latin America & the Caribbean (IDA & IBRD countries) or Sweden?
- Sweden, at 37.53 % change on previous year against 10.62 % change on previous year in Latin America & the Caribbean (IDA & IBRD countries) as of 2024.
- What is the difference in military expenditure (current usd), annual growth rate between Latin America & the Caribbean (IDA & IBRD countries) and Sweden?
- 26.91 % change on previous year, with Sweden ahead.
- How many years of comparable data are there for Latin America & the Caribbean (IDA & IBRD countries) and Sweden?
- 64 years are reported by both, from 1961 to 2024.
- How do Latin America & the Caribbean (IDA & IBRD countries) and Sweden rank globally for military expenditure (current usd), annual growth rate?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 16th and Sweden ranks 15th of 41 groups.
- Where does this data come from?
- Statizoid (derived), published as Military expenditure (current USD), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.