Economy
The World Bank — World Development Indicators (CC BY 4.0) · updated 2024-12-31
Sweden's military expenditure stands at 2% as of 2024-12-31, up from 1.5% in 2023. Historical data runs from 1960 to 2024 (65 observations).
In 2024, Sweden's military expenditure was 2%, up from 1.5% in 2023.
In 2023, Sweden's military expenditure was 1.5%, up from 1.33% in 2022.
In 2022, Sweden's military expenditure was 1.33%, up from 1.19% in 2021.
In 2021, Sweden's military expenditure was 1.19%, up from 1.15% in 2020.
In 2020, Sweden's military expenditure was 1.15%, up from 1.1% in 2019.
| Year | Value | Change |
|---|---|---|
| 2024 | 2% | +0.4965% |
| 2023 | 1.5% | +0.1698% |
| 2022 | 1.33% | +0.1416% |
| 2021 | 1.19% | +0.0398% |
| 2020 | 1.15% | +0.0532% |
| 2019 | 1.1% | +0.0569% |
| 2018 | 1.04% | +0.0074% |
| 2017 | 1.03% | -0.0234% |
| 2016 | 1.06% | -0.0178% |
| 2015 | 1.07% | -0.061% |
| 2014 | 1.13% | +0.017% |
| 2013 | 1.12% | -0.0181% |
| 2012 | 1.14% | +0.0272% |
| 2011 | 1.11% | -0.0859% |
| 2010 | 1.19% | +0.0288% |
| 2009 | 1.17% | -0.005% |
| 2008 | 1.17% | -0.1324% |
| 2007 | 1.3% | -0.0168% |
| 2006 | 1.32% | -0.0889% |
| 2005 | 1.41% | -0.0252% |
| 2004 | 1.43% | -0.1541% |
| 2003 | 1.59% | -0.0405% |
| 2002 | 1.63% | -0.1378% |
| 2001 | 1.77% | -0.0457% |
| 2000 | 1.81% | -0.04% |
| 1999 | 1.85% | -0.0068% |
| 1998 | 1.86% | -0.0367% |
| 1997 | 1.9% | +0.4222% |
| 1996 | 1.47% | -0.2691% |
| 1995 | 1.74% | -0.3645% |
| 1994 | 2.11% | -0.128% |
| 1993 | 2.24% | -0.1038% |
| 1992 | 2.34% | +0.0189% |
| 1991 | 2.32% | -0.1423% |
| 1990 | 2.46% | +0.0295% |
| 1989 | 2.43% | -0.0128% |
| 1988 | 2.45% | -0.0373% |
| 1987 | 2.48% | -0.1038% |
| 1986 | 2.59% | -0.0864% |
| 1985 | 2.67% | +0.001% |
| 1984 | 2.67% | -0.0659% |
| 1983 | 2.74% | -0.1159% |
| 1982 | 2.85% | -0.0945% |
| 1981 | 2.95% | +0.0248% |
| 1980 | 2.92% | -0.1999% |
| 1979 | 3.12% | -0.0244% |
| 1978 | 3.15% | +0.0467% |
| 1977 | 3.1% | +0.098% |
| 1976 | 3% | -0.0785% |
| 1975 | 3.08% | -0.1338% |
| 1974 | 3.22% | -0.0632% |
| 1973 | 3.28% | -0.1294% |
| 1972 | 3.41% | -0.0021% |
| 1971 | 3.41% | +0.0514% |
| 1970 | 3.36% | -0.1006% |
| 1969 | 3.46% | -0.0173% |
| 1968 | 3.48% | -0.1349% |
| 1967 | 3.61% | -0.2466% |
| 1966 | 3.86% | -0.0546% |
| 1965 | 3.91% | +0.0464% |
| 1964 | 3.87% | -0.1011% |
| 1963 | 3.97% | +0.1038% |
| 1962 | 3.86% | +0.1428% |
| 1961 | 3.72% | -0.0564% |
| 1960 | 3.78% | — |
The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).
Sweden's military expenditure is 2% as of 2024-12-31, compared with 1.5% in 2023. The World Bank — World Development Indicators (CC BY 4.0)
The highest recorded value is 3.97% (1963); the lowest is 1.03% (2017), across data from 1960 to 2024.
The World Bank — World Development Indicators (CC BY 4.0) Figures are republished with attribution and updated as the source releases new observations.