Military expenditure in Sweden
Sweden: Military expenditure was 2.0% in 2024. ▼ Falling
Latest (2024)
2.0%
Change on year
up 33.1%
World rank
68th
of 164 countries
All-time high
4.0%
in 1963
All-time low
1.0%
in 2017
Years of data
65
1960–2024
Military expenditure in Sweden, 1960–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in % of GDP.
Analysis
The most recent figure for military expenditure in Sweden is 2.0%, measured in 2024.
Compared with earlier readings it is up 33.1% on the previous year and up 76.1% over ten years.
Over the whole period, military expenditure in Sweden peaked at 4.0% in 1963 and was at its lowest, 1.0%, in 2017.
Sweden ranks 68th of 164 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 in Sweden, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 3.8% | — |
| 1961 | 3.7% | -1.5% |
| 1962 | 3.9% | +3.8% |
| 1963 | 4.0% | +2.7% |
| 1964 | 3.9% | -2.5% |
| 1965 | 3.9% | +1.2% |
| 1966 | 3.9% | -1.4% |
| 1967 | 3.6% | -6.4% |
| 1968 | 3.5% | -3.7% |
| 1969 | 3.5% | -0.5% |
| 1970 | 3.4% | -2.9% |
| 1971 | 3.4% | +1.5% |
| 1972 | 3.4% | -0.1% |
| 1973 | 3.3% | -3.8% |
| 1974 | 3.2% | -1.9% |
| 1975 | 3.1% | -4.2% |
| 1976 | 3.0% | -2.5% |
| 1977 | 3.1% | +3.3% |
| 1978 | 3.1% | +1.5% |
| 1979 | 3.1% | -0.8% |
| 1980 | 2.9% | -6.4% |
| 1981 | 2.9% | +0.8% |
| 1982 | 2.9% | -3.2% |
| 1983 | 2.7% | -4.1% |
| 1984 | 2.7% | -2.4% |
| 1985 | 2.7% | +0.0% |
| 1986 | 2.6% | -3.2% |
| 1987 | 2.5% | -4.0% |
| 1988 | 2.4% | -1.5% |
| 1989 | 2.4% | -0.5% |
| 1990 | 2.5% | +1.2% |
| 1991 | 2.3% | -5.8% |
| 1992 | 2.3% | +0.8% |
| 1993 | 2.2% | -4.4% |
| 1994 | 2.1% | -5.7% |
| 1995 | 1.7% | -17.3% |
| 1996 | 1.5% | -15.4% |
| 1997 | 1.9% | +28.7% |
| 1998 | 1.9% | -1.9% |
| 1999 | 1.9% | -0.4% |
| 2000 | 1.8% | -2.2% |
| 2001 | 1.8% | -2.5% |
| 2002 | 1.6% | -7.8% |
| 2003 | 1.6% | -2.5% |
| 2004 | 1.4% | -9.7% |
| 2005 | 1.4% | -1.8% |
| 2006 | 1.3% | -6.3% |
| 2007 | 1.3% | -1.3% |
| 2008 | 1.2% | -10.2% |
| 2009 | 1.2% | -0.4% |
| 2010 | 1.2% | +2.5% |
| 2011 | 1.1% | -7.2% |
| 2012 | 1.1% | +2.5% |
| 2013 | 1.1% | -1.6% |
| 2014 | 1.1% | +1.5% |
| 2015 | 1.1% | -5.4% |
| 2016 | 1.1% | -1.7% |
| 2017 | 1.0% | -2.2% |
| 2018 | 1.0% | +0.7% |
| 2019 | 1.1% | +5.5% |
| 2020 | 1.2% | +4.8% |
| 2021 | 1.2% | +3.5% |
| 2022 | 1.3% | +11.9% |
| 2023 | 1.5% | +12.8% |
| 2024 | 2.0% | +33.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.8% | 3.5% | 4.0% | 10 |
| 1970s | 3.2% | 3.0% | 3.4% | 10 |
| 1980s | 2.7% | 2.4% | 2.9% | 10 |
| 1990s | 2.0% | 1.5% | 2.5% | 10 |
| 2000s | 1.5% | 1.2% | 1.8% | 10 |
| 2010s | 1.1% | 1.0% | 1.2% | 10 |
| 2020s | 1.4% | 1.2% | 2.0% | 5 |
Countries ranked near Sweden
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), 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)
Frequently asked questions
- What is military expenditure in Sweden?
- Military expenditure in Sweden was 2.0% in 2024, 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 4.0% in 1963.
- What is the lowest military expenditure recorded in Sweden?
- The lowest recorded value was 1.0% in 2017.
- How does Sweden rank for military expenditure?
- Sweden ranks 68th out of 164 countries with data for 2024.
- Is military expenditure rising or falling in Sweden?
- Over the last ten years it is up 76.1%. The long-run trend across the full record is falling.
- 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 (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Military expenditure by country as percentage of gross domestic product