Military expenditure (current USD), per capita in Sweden

Sweden: Military expenditure (current USD), per capita was 1,139 current USD per person in 2024. ▲ Rising

Latest (2024)
1,139 current USD per person
Change on year
up 37.1%
World rank
17th
of 167 countries
All-time high
1,139 current USD per person
in 2024
All-time low
70.39 current USD per person
in 1960
Years of data
65
1960–2024

Military expenditure (current USD), per capita in Sweden, 1960–2024

02505007501.0k1.2k196019922024

Source: Statizoid (derived). Measured in current USD per person.

Analysis

Sweden recorded 1,139 current USD per person for military expenditure (current usd), per capita in 2024. That is the highest value across all 65 years on record.

That represents a change of up 37.1% on the previous year and up 68.5% over ten years.

Over the whole period, military expenditure (current usd), per capita in Sweden peaked at 1,139 current USD per person in 2024 and was at its lowest, 70.39 current USD per person, in 1960.

That places Sweden 17th out of 167 countries with data for 2024, putting it in the top 10%.

The long-run direction has been consistently rising across the 65 years of available data.

Military expenditure (current USD), per capita in Sweden, year by year

Annual values for Military expenditure (current USD), per capita in Sweden, 1960 to 2024.
Year current USD per person Change
1960 70.39 current USD per person —
1961 75.1 current USD per person +6.7%
1962 84.14 current USD per person +12.0%
1963 91.78 current USD per person +9.1%
1964 99.02 current USD per person +7.9%
1965 109.2 current USD per person +10.3%
1966 116.16 current USD per person +6.4%
1967 117.18 current USD per person +0.9%
1968 118.93 current USD per person +1.5%
1969 127.67 current USD per person +7.3%
1970 139.03 current USD per person +8.9%
1971 152.97 current USD per person +10.0%
1972 179.52 current USD per person +17.4%
1973 209.21 current USD per person +16.5%
1974 227.34 current USD per person +8.7%
1975 272.49 current USD per person +19.9%
1976 285.25 current USD per person +4.7%
1977 310.29 current USD per person +8.8%
1978 347.2 current USD per person +11.9%
1979 406.11 current USD per person +17.0%
1980 456.26 current USD per person +12.3%
1981 419.47 current USD per person -8.1%
1982 357.96 current USD per person -14.7%
1983 315.64 current USD per person -11.8%
1984 320.1 current USD per person +1.4%
1985 334.75 current USD per person +4.6%
1986 427.43 current USD per person +27.7%
1987 498.03 current USD per person +16.5%
1988 551.39 current USD per person +10.7%
1989 574.63 current USD per person +4.2%
1990 690.88 current USD per person +20.2%
1991 682.21 current USD per person -1.3%
1992 708.56 current USD per person +3.9%
1993 545.12 current USD per person -23.1%
1994 548.8 current USD per person +0.7%
1995 527.18 current USD per person -3.9%
1996 486.57 current USD per person -7.7%
1997 574.86 current USD per person +18.1%
1998 568.96 current USD per person -1.0%
1999 573.6 current USD per person +0.8%
2000 537 current USD per person -6.4%
2001 481.52 current USD per person -10.3%
2002 487.91 current USD per person +1.3%
2003 592.26 current USD per person +21.4%
2004 613.19 current USD per person +3.5%
2005 611.15 current USD per person -0.3%
2006 614.2 current USD per person +0.5%
2007 698.09 current USD per person +13.7%
2008 653.47 current USD per person -6.4%
2009 544.49 current USD per person -16.7%
2010 627.62 current USD per person +15.3%
2011 669.34 current USD per person +6.6%
2012 655.89 current USD per person -2.0%
2013 680.05 current USD per person +3.7%
2014 676.1 current USD per person -0.6%
2015 549.73 current USD per person -18.7%
2016 546.96 current USD per person -0.5%
2017 549.49 current USD per person +0.5%
2018 563.41 current USD per person +2.5%
2019 568.11 current USD per person +0.8%
2020 605.72 current USD per person +6.6%
2021 727.99 current USD per person +20.2%
2022 736.39 current USD per person +1.2%
2023 830.9 current USD per person +12.8%
2024 1,139 current USD per person +37.1%

Sweden compared with similar countries

  • Sweden's 1,139 current USD per person is above the median for high income countries, which is 755.22 current USD per person, 1.5× the median. (54 countries reporting)
  • Sweden's 1,139 current USD per person is above the median for Europe & Central Asia, which is 467.45 current USD per person, 2.4× the median. (49 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 100.96 current USD per person 70.39 current USD per person 127.67 current USD per person 10
1970s 252.94 current USD per person 139.03 current USD per person 406.11 current USD per person 10
1980s 425.57 current USD per person 315.64 current USD per person 574.63 current USD per person 10
1990s 590.67 current USD per person 486.57 current USD per person 708.56 current USD per person 10
2000s 583.33 current USD per person 481.52 current USD per person 698.09 current USD per person 10
2010s 608.67 current USD per person 546.96 current USD per person 680.05 current USD per person 10
2020s 808.03 current USD per person 605.72 current USD per person 1,139 current USD per person 5

Countries ranked near Sweden

  1. 14 Finland 1,243 current USD per person compare
  2. 15 Brunei 1,207 current USD per person compare
  3. 16 United Kingdom 1,180 current USD per person compare
  4. 18 Oman 1,134 current USD per person compare
  5. 19 Germany 1,059 current USD per person compare
  6. 20 Estonia 1,051 current USD per person compare

See the full ranking of 211 places →

More public sector data for Sweden

All data for Sweden →

Frequently asked questions

What is military expenditure (current usd), per capita in Sweden?
Military expenditure (current usd), per capita in Sweden was 1,139 current USD per person in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), per capita recorded in Sweden?
The highest recorded value was 1,139 current USD per person in 2024.
What is the lowest military expenditure (current usd), per capita recorded in Sweden?
The lowest recorded value was 70.39 current USD per person in 1960.
How does Sweden rank for military expenditure (current usd), per capita?
Sweden ranks 17th out of 167 countries with data for 2024.
Is military expenditure (current usd), per capita rising or falling in Sweden?
Over the last ten years it is up 68.5%. The long-run trend across the full record is rising.
Where does this Sweden data come from?
The figures come from Statizoid (derived), published as part of Military expenditure (current USD), per capita. Statizoid updates them automatically from the source API.

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Military expenditure (current USD), per capita in Sweden. Statizoid, drawing on Statizoid (derived). Retrieved 07 October 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-per-capita/sweden/

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How this figure is calculated

Military expenditure (current USD) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Military expenditure (current USD) ÷ Population, total

Computed from

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

Indicator
Military expenditure (current USD), per capita
Unit
current USD per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,601 data points, 1960–2024
Last refreshed

Military expenditure (current USD) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.