Military expenditure (current USD), per unit of GDP in Sweden
Sweden: Military expenditure (current USD), per unit of GDP was 0.0199 current USD per US$ of GDP in 2024. ▼ Falling
Latest (2024)
0.0199 current USD per US$ of GDP
Change on year
up 31.7%
World rank
65th
of 166 countries
All-time high
0.0343 current USD per US$ of GDP
in 1963
All-time low
0.0103 current USD per US$ of GDP
in 2017
Years of data
65
1960–2024
Military expenditure (current USD), per unit of GDP in Sweden, 1960–2024
Source: Statizoid (derived). Measured in current USD per US$ of GDP.
Analysis
Sweden recorded 0.0199 current USD per US$ of GDP for military expenditure (current usd), per unit of gdp in 2024.
The figure is up 31.7% on the previous year and up 75.4% over ten years.
Over the whole period, military expenditure (current usd), per unit of gdp in Sweden peaked at 0.0343 current USD per US$ of GDP in 1963 and was at its lowest, 0.0103 current USD per US$ of GDP, in 2017.
Sweden ranks 65th of 166 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 65 years of available data.
Military expenditure (current USD), per unit of GDP in Sweden, year by year
| Year | current USD per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.0331 current USD per US$ of GDP | — |
| 1961 | 0.0326 current USD per US$ of GDP | -1.5% |
| 1962 | 0.0339 current USD per US$ of GDP | +3.9% |
| 1963 | 0.0343 current USD per US$ of GDP | +1.3% |
| 1964 | 0.0334 current USD per US$ of GDP | -2.5% |
| 1965 | 0.0338 current USD per US$ of GDP | +1.2% |
| 1966 | 0.0334 current USD per US$ of GDP | -1.3% |
| 1967 | 0.0313 current USD per US$ of GDP | -6.4% |
| 1968 | 0.0301 current USD per US$ of GDP | -3.8% |
| 1969 | 0.0299 current USD per US$ of GDP | -0.5% |
| 1970 | 0.0294 current USD per US$ of GDP | -1.8% |
| 1971 | 0.0298 current USD per US$ of GDP | +1.5% |
| 1972 | 0.0298 current USD per US$ of GDP | -0.1% |
| 1973 | 0.0287 current USD per US$ of GDP | -3.8% |
| 1974 | 0.0281 current USD per US$ of GDP | -1.9% |
| 1975 | 0.027 current USD per US$ of GDP | -4.2% |
| 1976 | 0.0263 current USD per US$ of GDP | -2.5% |
| 1977 | 0.0271 current USD per US$ of GDP | +3.3% |
| 1978 | 0.0276 current USD per US$ of GDP | +1.5% |
| 1979 | 0.0273 current USD per US$ of GDP | -0.8% |
| 1980 | 0.0267 current USD per US$ of GDP | -2.2% |
| 1981 | 0.027 current USD per US$ of GDP | +0.9% |
| 1982 | 0.0261 current USD per US$ of GDP | -3.2% |
| 1983 | 0.0251 current USD per US$ of GDP | -3.9% |
| 1984 | 0.0245 current USD per US$ of GDP | -2.4% |
| 1985 | 0.0245 current USD per US$ of GDP | +0.2% |
| 1986 | 0.0238 current USD per US$ of GDP | -3.0% |
| 1987 | 0.0229 current USD per US$ of GDP | -3.9% |
| 1988 | 0.0225 current USD per US$ of GDP | -1.7% |
| 1989 | 0.0224 current USD per US$ of GDP | -0.4% |
| 1990 | 0.0226 current USD per US$ of GDP | +0.8% |
| 1991 | 0.0215 current USD per US$ of GDP | -5.1% |
| 1992 | 0.0216 current USD per US$ of GDP | +0.8% |
| 1993 | 0.0224 current USD per US$ of GDP | +3.3% |
| 1994 | 0.0211 current USD per US$ of GDP | -5.7% |
| 1995 | 0.0174 current USD per US$ of GDP | -17.3% |
| 1996 | 0.0147 current USD per US$ of GDP | -15.4% |
| 1997 | 0.019 current USD per US$ of GDP | +28.7% |
| 1998 | 0.0186 current USD per US$ of GDP | -1.9% |
| 1999 | 0.0185 current USD per US$ of GDP | -0.4% |
| 2000 | 0.0181 current USD per US$ of GDP | -2.2% |
| 2001 | 0.0177 current USD per US$ of GDP | -2.5% |
| 2002 | 0.0163 current USD per US$ of GDP | -7.8% |
| 2003 | 0.0159 current USD per US$ of GDP | -2.5% |
| 2004 | 0.0143 current USD per US$ of GDP | -9.7% |
| 2005 | 0.0141 current USD per US$ of GDP | -1.8% |
| 2006 | 0.0132 current USD per US$ of GDP | -6.3% |
| 2007 | 0.013 current USD per US$ of GDP | -1.3% |
| 2008 | 0.0117 current USD per US$ of GDP | -10.2% |
| 2009 | 0.0117 current USD per US$ of GDP | -0.4% |
| 2010 | 0.0119 current USD per US$ of GDP | +2.5% |
| 2011 | 0.0111 current USD per US$ of GDP | -7.2% |
| 2012 | 0.0114 current USD per US$ of GDP | +2.5% |
| 2013 | 0.0112 current USD per US$ of GDP | -1.6% |
| 2014 | 0.0113 current USD per US$ of GDP | +1.5% |
| 2015 | 0.0107 current USD per US$ of GDP | -5.4% |
| 2016 | 0.0106 current USD per US$ of GDP | -1.5% |
| 2017 | 0.0103 current USD per US$ of GDP | -2.4% |
| 2018 | 0.0104 current USD per US$ of GDP | +1.0% |
| 2019 | 0.011 current USD per US$ of GDP | +5.5% |
| 2020 | 0.0115 current USD per US$ of GDP | +4.8% |
| 2021 | 0.012 current USD per US$ of GDP | +4.2% |
| 2022 | 0.0134 current USD per US$ of GDP | +11.9% |
| 2023 | 0.0151 current USD per US$ of GDP | +12.6% |
| 2024 | 0.0199 current USD per US$ of GDP | +31.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0326 current USD per US$ of GDP | 0.0299 current USD per US$ of GDP | 0.0343 current USD per US$ of GDP | 10 |
| 1970s | 0.0281 current USD per US$ of GDP | 0.0263 current USD per US$ of GDP | 0.0298 current USD per US$ of GDP | 10 |
| 1980s | 0.0245 current USD per US$ of GDP | 0.0224 current USD per US$ of GDP | 0.027 current USD per US$ of GDP | 10 |
| 1990s | 0.0197 current USD per US$ of GDP | 0.0147 current USD per US$ of GDP | 0.0226 current USD per US$ of GDP | 10 |
| 2000s | 0.0146 current USD per US$ of GDP | 0.0117 current USD per US$ of GDP | 0.0181 current USD per US$ of GDP | 10 |
| 2010s | 0.011 current USD per US$ of GDP | 0.0103 current USD per US$ of GDP | 0.0119 current USD per US$ of GDP | 10 |
| 2020s | 0.0144 current USD per US$ of GDP | 0.0115 current USD per US$ of GDP | 0.0199 current USD per US$ of GDP | 5 |
Countries ranked near Sweden
- 62 Bulgaria 0.0206 current USD per US$ of GDP compare
- 63 France 0.0205 current USD per US$ of GDP compare
- 64 Slovakia 0.0202 current USD per US$ of GDP compare
- 66 Albania 0.0198 current USD per US$ of GDP compare
- 67 Mozambique 0.0198 current USD per US$ of GDP compare
- 68 Afghanistan 0.0195 current USD per US$ of GDP 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), annual growth rate 37.53 % change on previous year (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), per unit of gdp in Sweden?
- Military expenditure (current usd), per unit of gdp in Sweden was 0.0199 current USD per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), per unit of gdp recorded in Sweden?
- The highest recorded value was 0.0343 current USD per US$ of GDP in 1963.
- What is the lowest military expenditure (current usd), per unit of gdp recorded in Sweden?
- The lowest recorded value was 0.0103 current USD per US$ of GDP in 2017.
- How does Sweden rank for military expenditure (current usd), per unit of gdp?
- Sweden ranks 65th out of 166 countries with data for 2024.
- Is military expenditure (current usd), per unit of gdp rising or falling in Sweden?
- Over the last ten years it is up 75.4%. The long-run trend across the full record is falling.
- Where does this Sweden data come from?
- The figures come from Statizoid (derived), published as part of Military expenditure (current USD), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Military expenditure (current USD) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Military expenditure (current USD) ÷ GDP (current US$)
Computed from
- Military expenditure SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Military expenditure (current USD) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.