Military expenditure (current USD), annual growth rate in Sweden
Sweden: Military expenditure (current USD), annual growth rate was 37.53 % change on previous year in 2024. ◆ Volatile
Latest (2024)
37.53 % change on previous year
Change on year
up 180.7%
World rank
15th
of 164 countries
All-time high
37.53 % change on previous year
in 2024
All-time low
-22.62 % change on previous year
in 1993
Years of data
64
1961–2024
Military expenditure (current USD), annual growth rate in Sweden, 1961–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for military expenditure (current usd), annual growth rate in Sweden is 37.53 % change on previous year, measured in 2024. That is the highest value across all 64 years on record.
The figure is up 180.7% on the previous year and up 9,048.7% over ten years.
Over the whole period, military expenditure (current usd), annual growth rate in Sweden peaked at 37.53 % change on previous year in 2024 and was at its lowest, -22.62 % change on previous year, in 1993.
Sweden ranks 15th of 164 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Military expenditure (current USD), annual growth rate in Sweden, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 7.19 % change on previous year | — |
| 1962 | 12.66 % change on previous year | +76.1% |
| 1963 | 9.69 % change on previous year | -23.5% |
| 1964 | 8.7 % change on previous year | -10.3% |
| 1965 | 11.33 % change on previous year | +30.2% |
| 1966 | 7.39 % change on previous year | -34.7% |
| 1967 | 1.65 % change on previous year | -77.7% |
| 1968 | 2.07 % change on previous year | +25.0% |
| 1969 | 8.1 % change on previous year | +292.4% |
| 1970 | 9.92 % change on previous year | +22.4% |
| 1971 | 10.79 % change on previous year | +8.8% |
| 1972 | 17.7 % change on previous year | +64.1% |
| 1973 | 16.74 % change on previous year | -5.4% |
| 1974 | 8.98 % change on previous year | -46.4% |
| 1975 | 20.34 % change on previous year | +126.5% |
| 1976 | 5.07 % change on previous year | -75.1% |
| 1977 | 9.16 % change on previous year | +80.8% |
| 1978 | 12.22 % change on previous year | +33.4% |
| 1979 | 17.22 % change on previous year | +40.9% |
| 1980 | 12.58 % change on previous year | -27.0% |
| 1981 | -7.95 % change on previous year | -163.2% |
| 1982 | -14.61 % change on previous year | +83.8% |
| 1983 | -11.78 % change on previous year | -19.4% |
| 1984 | 1.5 % change on previous year | -112.8% |
| 1985 | 4.75 % change on previous year | +216.2% |
| 1986 | 27.98 % change on previous year | +489.0% |
| 1987 | 16.91 % change on previous year | -39.6% |
| 1988 | 11.22 % change on previous year | -33.6% |
| 1989 | 4.91 % change on previous year | -56.2% |
| 1990 | 21.16 % change on previous year | +330.6% |
| 1991 | -0.5801 % change on previous year | -102.7% |
| 1992 | 4.47 % change on previous year | -871.3% |
| 1993 | -22.62 % change on previous year | -605.6% |
| 1994 | 1.39 % change on previous year | -106.2% |
| 1995 | -3.43 % change on previous year | -346.5% |
| 1996 | -7.56 % change on previous year | +120.2% |
| 1997 | 18.21 % change on previous year | -341.0% |
| 1998 | -0.9714 % change on previous year | -105.3% |
| 1999 | 0.894 % change on previous year | -192.0% |
| 2000 | -6.23 % change on previous year | -796.8% |
| 2001 | -10.09 % change on previous year | +62.0% |
| 2002 | 1.66 % change on previous year | -116.4% |
| 2003 | 21.84 % change on previous year | +1218.8% |
| 2004 | 3.94 % change on previous year | -82.0% |
| 2005 | 0.0682 % change on previous year | -98.3% |
| 2006 | 1.06 % change on previous year | +1460.9% |
| 2007 | 14.51 % change on previous year | +1263.0% |
| 2008 | -5.66 % change on previous year | -139.0% |
| 2009 | -15.96 % change on previous year | +182.1% |
| 2010 | 16.25 % change on previous year | -201.8% |
| 2011 | 7.46 % change on previous year | -54.1% |
| 2012 | -1.28 % change on previous year | -117.2% |
| 2013 | 4.57 % change on previous year | -456.2% |
| 2014 | 0.4102 % change on previous year | -91.0% |
| 2015 | -17.83 % change on previous year | -4445.8% |
| 2016 | 0.7539 % change on previous year | -104.2% |
| 2017 | 1.82 % change on previous year | +142.1% |
| 2018 | 3.73 % change on previous year | +104.5% |
| 2019 | 1.86 % change on previous year | -50.1% |
| 2020 | 7.39 % change on previous year | +297.1% |
| 2021 | 20.91 % change on previous year | +182.8% |
| 2022 | 1.85 % change on previous year | -91.2% |
| 2023 | 13.37 % change on previous year | +624.5% |
| 2024 | 37.53 % change on previous year | +180.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.64 % change on previous year | 1.65 % change on previous year | 12.66 % change on previous year | 9 |
| 1970s | 12.81 % change on previous year | 5.07 % change on previous year | 20.34 % change on previous year | 10 |
| 1980s | 4.55 % change on previous year | -14.61 % change on previous year | 27.98 % change on previous year | 10 |
| 1990s | 1.1 % change on previous year | -22.62 % change on previous year | 21.16 % change on previous year | 10 |
| 2000s | 0.5133 % change on previous year | -15.96 % change on previous year | 21.84 % change on previous year | 10 |
| 2010s | 1.78 % change on previous year | -17.83 % change on previous year | 16.25 % change on previous year | 10 |
| 2020s | 16.21 % change on previous year | 1.85 % change on previous year | 37.53 % change on previous year | 5 |
Countries ranked near Sweden
- 12 Mexico 41.44 % change on previous year compare
- 13 Colombia 40.05 % change on previous year compare
- 14 Netherlands 39.43 % change on previous year compare
- 16 Russian Federation 36.41 % change on previous year compare
- 17 Albania 34.67 % change on previous year compare
- 18 Qatar 32.94 % change on previous year compare
More public sector data for Sweden
- Arms imports 66.00 million SIPRI trend indicator values (2024)
- 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)
- Arms imports (SIPRI trend indicator values), gaps filled 66.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 1,139 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0199 current USD per US$ of GDP (2024)
- Military expenditure (current USD), gaps filled 12.04 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 240.63 SIPRI trend indicator values per square kilometre (2023)
- Military expenditure (current USD), per square kilometre 21,496 current USD per square kilometre (2023)
Frequently asked questions
- What is military expenditure (current usd), annual growth rate in Sweden?
- Military expenditure (current usd), annual growth rate in Sweden was 37.53 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), annual growth rate recorded in Sweden?
- The highest recorded value was 37.53 % change on previous year in 2024.
- What is the lowest military expenditure (current usd), annual growth rate recorded in Sweden?
- The lowest recorded value was -22.62 % change on previous year in 1993.
- How does Sweden rank for military expenditure (current usd), annual growth rate?
- Sweden ranks 15th out of 164 countries with data for 2024.
- Is military expenditure (current usd), annual growth rate rising or falling in Sweden?
- Over the last ten years it is up 9,048.7%. The long-run trend across the full record is volatile.
- Where does this Sweden data come from?
- The figures come from Statizoid (derived), published as part of Military expenditure (current USD), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
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.
Computed from
- Military expenditure SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
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.