Military expenditure (% of GDP) — all countries

Military expenditure (% of GDP) — Northern Europe

Military expenditure (% of GDP) in Northern Europe in 2024 — 2.08%. Since 1995, the indicator has fallen by 0.34 pp.

2024 2.08% +0.15 pp vs 2023
World rank
Period maximum 2.42%1995
Period minimum 1.61%2017

Trend over time

1995–2024 · % of GDP

Military expenditure (% of GDP) — Northern Europe, 1995–20241.51.7522.252.5199519982001200420072010201320162019202220241995: 2.42%1996: 2.29%1997: 2.26%1998: 2.21%1999: 2.14%2000: 2.07%2001: 2.09%2002: 2.14%2003: 2.16%2004: 2.1%2005: 2.02%2006: 1.96%2007: 1.95%2008: 1.97%2009: 2.08%2010: 2.02%2011: 1.94%2012: 1.91%2013: 1.82%2014: 1.78%2015: 1.69%2016: 1.64%2017: 1.61%2018: 1.62%2019: 1.66%2020: 1.76%2021: 1.67%2022: 1.68%2023: 1.92%2024: 2.08%
Change over the period: −0.34 pp Annual average: -0.01 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Northern Europe

Northern Europe 2.08%
World 2.47%
Military expenditure (% of GDP) — Northern Europe, by year Northern Europe All countries CSV XLSX
Year % Change, pp
2024 2.08 +0.15 pp
2023 1.92 +0.24 pp
2022 1.68 +0.01 pp
2021 1.67 −0.09 pp
2020 1.76 +0.11 pp
2019 1.66 +0.04 pp
2018 1.62 +0.01 pp
2017 1.61 −0.04 pp
2016 1.64 −0.05 pp
2015 1.69 −0.09 pp
2014 1.78 −0.05 pp
2013 1.82 −0.09 pp
2012 1.91 −0.03 pp
2011 1.94 −0.08 pp
2010 2.02 −0.06 pp
2009 2.08 +0.11 pp
2008 1.97 +0.02 pp
2007 1.95 −0.02 pp
2006 1.96 −0.06 pp
2005 2.02 −0.08 pp
2004 2.1 −0.06 pp
2003 2.16 +0.02 pp
2002 2.14 +0.05 pp
2001 2.09 +0.02 pp
2000 2.07 −0.06 pp
1999 2.14 −0.08 pp
1998 2.21 −0.04 pp
1997 2.26 −0.04 pp
1996 2.29 −0.12 pp
1995 2.42

About the indicator

Military expenditure as a percent of GDP under the SIPRI definition: current and capital spending on the armed forces, including peacekeeping forces, defense ministries, paramilitary forces, military R&D, pensions of military personnel and military aid. The NATO benchmark for member states is at least 2% of GDP.

Source: Military Expenditure Database (SIPRI), license SIPRI terms of use.