Military expenditure (current USD) in Switzerland
Switzerland: Military expenditure was 6.72 billion current USD in 2024. ◆ Volatile
Latest (2024)
6.72 billion current USD
Change on year
up 6.9%
World rank
38th
of 168 countries
All-time high
6.72 billion current USD
in 2024
All-time low
200.09 million current USD
in 1960
Years of data
65
1960–2024
Military expenditure in Switzerland, 1960–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
Switzerland recorded 6.72 billion current USD for military expenditure in 2024. That is the highest value across all 65 years on record.
The figure is up 6.9% on the previous year and up 45.7% over ten years.
Over the whole period, military expenditure in Switzerland peaked at 6.72 billion current USD in 2024 and was at its lowest, 200.09 million current USD, in 1960.
Switzerland ranks 38th of 168 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Military expenditure in Switzerland, year by year
| Year | current USD | Change |
|---|---|---|
| 1960 | 200.09 million current USD | — |
| 1961 | 237.37 million current USD | +18.6% |
| 1962 | 273.73 million current USD | +15.3% |
| 1963 | 295.00 million current USD | +7.8% |
| 1964 | 329.53 million current USD | +11.7% |
| 1965 | 343.48 million current USD | +4.2% |
| 1966 | 378.23 million current USD | +10.1% |
| 1967 | 383.26 million current USD | +1.3% |
| 1968 | 373.89 million current USD | -2.4% |
| 1969 | 409.11 million current USD | +9.4% |
| 1970 | 436.09 million current USD | +6.6% |
| 1971 | 511.39 million current USD | +17.3% |
| 1972 | 601.43 million current USD | +17.6% |
| 1973 | 764.97 million current USD | +27.2% |
| 1974 | 888.48 million current USD | +16.1% |
| 1975 | 1.03 billion current USD | +16.2% |
| 1976 | 1.23 billion current USD | +19.0% |
| 1977 | 1.23 billion current USD | -0.1% |
| 1978 | 1.67 billion current USD | +36.1% |
| 1979 | 1.95 billion current USD | +16.5% |
| 1980 | 2.00 billion current USD | +2.7% |
| 1981 | 1.81 billion current USD | -9.3% |
| 1982 | 1.93 billion current USD | +6.5% |
| 1983 | 1.95 billion current USD | +0.9% |
| 1984 | 1.81 billion current USD | -7.1% |
| 1985 | 1.97 billion current USD | +8.8% |
| 1986 | 2.57 billion current USD | +30.4% |
| 1987 | 3.02 billion current USD | +17.7% |
| 1988 | 3.28 billion current USD | +8.5% |
| 1989 | 3.08 billion current USD | -5.9% |
| 1990 | 4.06 billion current USD | +31.6% |
| 1991 | 4.02 billion current USD | -1.0% |
| 1992 | 4.14 billion current USD | +3.0% |
| 1993 | 3.61 billion current USD | -12.7% |
| 1994 | 3.90 billion current USD | +8.0% |
| 1995 | 4.65 billion current USD | +19.1% |
| 1996 | 4.24 billion current USD | -8.7% |
| 1997 | 3.50 billion current USD | -17.5% |
| 1998 | 3.49 billion current USD | -0.1% |
| 1999 | 3.15 billion current USD | -9.9% |
| 2000 | 2.80 billion current USD | -11.0% |
| 2001 | 2.76 billion current USD | -1.3% |
| 2002 | 2.88 billion current USD | +4.3% |
| 2003 | 3.27 billion current USD | +13.4% |
| 2004 | 3.50 billion current USD | +7.1% |
| 2005 | 3.48 billion current USD | -0.5% |
| 2006 | 3.33 billion current USD | -4.5% |
| 2007 | 3.52 billion current USD | +5.9% |
| 2008 | 4.10 billion current USD | +16.3% |
| 2009 | 4.06 billion current USD | -1.0% |
| 2010 | 4.12 billion current USD | +1.5% |
| 2011 | 4.97 billion current USD | +20.9% |
| 2012 | 4.59 billion current USD | -7.7% |
| 2013 | 5.03 billion current USD | +9.6% |
| 2014 | 4.61 billion current USD | -8.3% |
| 2015 | 4.52 billion current USD | -2.0% |
| 2016 | 4.57 billion current USD | +1.1% |
| 2017 | 4.63 billion current USD | +1.2% |
| 2018 | 4.74 billion current USD | +2.3% |
| 2019 | 5.02 billion current USD | +6.0% |
| 2020 | 5.73 billion current USD | +14.1% |
| 2021 | 5.49 billion current USD | -4.3% |
| 2022 | 5.65 billion current USD | +3.0% |
| 2023 | 6.29 billion current USD | +11.3% |
| 2024 | 6.72 billion current USD | +6.9% |
Switzerland compared with similar countries
- Switzerland's 6.72 billion current USD is above the median for high income countries, which is 6.62 billion current USD, 1.0× the median. (54 countries reporting)
- Switzerland's 6.72 billion current USD is above the median for Europe & Central Asia, which is 2.63 billion current USD, 2.6× the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 322.37 million current USD | 200.09 million current USD | 409.11 million current USD | 10 |
| 1970s | 1.03 billion current USD | 436.09 million current USD | 1.95 billion current USD | 10 |
| 1980s | 2.34 billion current USD | 1.81 billion current USD | 3.28 billion current USD | 10 |
| 1990s | 3.87 billion current USD | 3.15 billion current USD | 4.65 billion current USD | 10 |
| 2000s | 3.37 billion current USD | 2.76 billion current USD | 4.10 billion current USD | 10 |
| 2010s | 4.68 billion current USD | 4.12 billion current USD | 5.03 billion current USD | 10 |
| 2020s | 5.98 billion current USD | 5.49 billion current USD | 6.72 billion current USD | 5 |
Countries ranked near Switzerland
More public sector data for Switzerland
- 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)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is military expenditure in Switzerland?
- Military expenditure in Switzerland was 6.72 billion current USD in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Switzerland?
- The highest recorded value was 6.72 billion current USD in 2024.
- What is the lowest military expenditure recorded in Switzerland?
- The lowest recorded value was 200.09 million current USD in 1960.
- How does Switzerland rank for military expenditure?
- Switzerland ranks 38th out of 168 countries with data for 2024.
- Is military expenditure rising or falling in Switzerland?
- Over the last ten years it is up 45.7%. The long-run trend across the full record is volatile.
- Where does this Switzerland data come from?
- The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current USD). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Military spending USD, in current prices (converted at the exchange rate for the given year)