Military expenditure (current LCU) in Sweden
Sweden: Military expenditure (current LCU) was 161.67 billion current LCU in 2025. ◆ Volatile
Latest (2025)
161.67 billion current LCU
Change on year
up 27.0%
World rank
62nd
of 168 countries
All-time high
161.67 billion current LCU
in 2025
All-time low
2.73 billion current LCU
in 1960
Years of data
66
1960–2025
Military expenditure in Sweden, 1960–2025
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.
Analysis
The most recent figure for military expenditure in Sweden is 161.67 billion current LCU, measured in 2025. That is the highest value across all 66 years on record.
The figure is up 27.0% on the previous year and up 255.8% over ten years.
Over the whole period, military expenditure in Sweden peaked at 161.67 billion current LCU in 2025 and was at its lowest, 2.73 billion current LCU, in 1960.
That places Sweden 62nd out of 168 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Military expenditure (current LCU) in Sweden, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 2.73 billion current LCU | — |
| 1961 | 2.92 billion current LCU | +7.2% |
| 1962 | 3.29 billion current LCU | +12.7% |
| 1963 | 3.61 billion current LCU | +9.7% |
| 1964 | 3.92 billion current LCU | +8.7% |
| 1965 | 4.37 billion current LCU | +11.3% |
| 1966 | 4.69 billion current LCU | +7.4% |
| 1967 | 4.77 billion current LCU | +1.7% |
| 1968 | 4.87 billion current LCU | +2.1% |
| 1969 | 5.26 billion current LCU | +8.1% |
| 1970 | 5.78 billion current LCU | +9.9% |
| 1971 | 6.35 billion current LCU | +9.8% |
| 1972 | 6.94 billion current LCU | +9.4% |
| 1973 | 7.43 billion current LCU | +7.1% |
| 1974 | 8.24 billion current LCU | +10.8% |
| 1975 | 9.27 billion current LCU | +12.5% |
| 1976 | 10.22 billion current LCU | +10.2% |
| 1977 | 11.47 billion current LCU | +12.3% |
| 1978 | 12.98 billion current LCU | +13.1% |
| 1979 | 14.44 billion current LCU | +11.2% |
| 1980 | 16.04 billion current LCU | +11.1% |
| 1981 | 17.67 billion current LCU | +10.2% |
| 1982 | 18.72 billion current LCU | +5.9% |
| 1983 | 20.16 billion current LCU | +7.7% |
| 1984 | 22.07 billion current LCU | +9.5% |
| 1985 | 24.05 billion current LCU | +9.0% |
| 1986 | 25.48 billion current LCU | +6.0% |
| 1987 | 28.34 billion current LCU | +11.2% |
| 1988 | 30.13 billion current LCU | +6.3% |
| 1989 | 32.45 billion current LCU | +7.7% |
| 1990 | 36.52 billion current LCU | +12.5% |
| 1991 | 37.61 billion current LCU | +3.0% |
| 1992 | 37.38 billion current LCU | -0.6% |
| 1993 | 39.00 billion current LCU | +4.3% |
| 1994 | 39.77 billion current LCU | +2.0% |
| 1995 | 40.87 billion current LCU | +2.8% |
| 1996 | 41.60 billion current LCU | +1.8% |
| 1997 | 39.73 billion current LCU | -4.5% |
| 1998 | 40.80 billion current LCU | +2.7% |
| 1999 | 42.54 billion current LCU | +4.3% |
| 2000 | 43.88 billion current LCU | +3.2% |
| 2001 | 42.64 billion current LCU | -2.8% |
| 2002 | 42.40 billion current LCU | -0.6% |
| 2003 | 42.90 billion current LCU | +1.2% |
| 2004 | 40.53 billion current LCU | -5.5% |
| 2005 | 41.24 billion current LCU | +1.8% |
| 2006 | 41.15 billion current LCU | -0.2% |
| 2007 | 43.16 billion current LCU | +4.9% |
| 2008 | 39.71 billion current LCU | -8.0% |
| 2009 | 38.75 billion current LCU | -2.4% |
| 2010 | 42.42 billion current LCU | +9.5% |
| 2011 | 41.07 billion current LCU | -3.2% |
| 2012 | 42.30 billion current LCU | +3.0% |
| 2013 | 42.53 billion current LCU | +0.5% |
| 2014 | 44.98 billion current LCU | +5.8% |
| 2015 | 45.44 billion current LCU | +1.0% |
| 2016 | 46.49 billion current LCU | +2.3% |
| 2017 | 47.32 billion current LCU | +1.8% |
| 2018 | 49.84 billion current LCU | +5.3% |
| 2019 | 55.21 billion current LCU | +10.8% |
| 2020 | 57.75 billion current LCU | +4.6% |
| 2021 | 65.03 billion current LCU | +12.6% |
| 2022 | 78.09 billion current LCU | +20.1% |
| 2023 | 93.22 billion current LCU | +19.4% |
| 2024 | 127.31 billion current LCU | +36.6% |
| 2025 | 161.67 billion current LCU | +27.0% |
Sweden compared with similar countries
- Sweden's 161.67 billion current LCU is above the median for high income countries, which is 17.84 billion current LCU, 9.1× the median. (54 countries reporting)
- Sweden's 161.67 billion current LCU is above the median for Europe & Central Asia, which is 8.40 billion current LCU, 19.3× the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.04 billion current LCU | 2.73 billion current LCU | 5.26 billion current LCU | 10 |
| 1970s | 9.31 billion current LCU | 5.78 billion current LCU | 14.44 billion current LCU | 10 |
| 1980s | 23.51 billion current LCU | 16.04 billion current LCU | 32.45 billion current LCU | 10 |
| 1990s | 39.58 billion current LCU | 36.52 billion current LCU | 42.54 billion current LCU | 10 |
| 2000s | 41.64 billion current LCU | 38.75 billion current LCU | 43.88 billion current LCU | 10 |
| 2010s | 45.76 billion current LCU | 41.07 billion current LCU | 55.21 billion current LCU | 10 |
| 2020s | 97.18 billion current LCU | 57.75 billion current LCU | 161.67 billion current LCU | 6 |
Countries ranked near Sweden
More public sector data for Sweden
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 146.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 6.24 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -32.65 % change on previous year (2024)
Frequently asked questions
- What is military expenditure in Sweden?
- Military expenditure in Sweden was 161.67 billion current LCU in 2025, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Sweden?
- The highest recorded value was 161.67 billion current LCU in 2025.
- What is the lowest military expenditure recorded in Sweden?
- The lowest recorded value was 2.73 billion current LCU in 1960.
- How does Sweden rank for military expenditure?
- Sweden ranks 62nd out of 168 countries with data for 2025.
- Is military expenditure rising or falling in Sweden?
- Over the last ten years it is up 255.8%. The long-run trend across the full record is volatile.
- Where does this Sweden data come from?
- The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current LCU). Statizoid updates them automatically from the source API.
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About this data
Military expenditure in local currency at current prices (by calendar year)