Military expenditure (% of GDP) — all countries

Military expenditure (% of GDP) — Sweden

Military expenditure (% of GDP) in Sweden in 2024 — 2%. Ranked 58 in the world out of 147. Since 1960, the indicator has fallen by 1.78 pp.

2024 2% +0.5 pp vs 2023
World rank 58of 147
Period maximum 3.97%1963
Period minimum 1.03%2017

Trend over time

1960–2024 · % of GDP

Military expenditure (% of GDP) — Sweden, 1960–20240123419601967197419811988199520022009201620231960: 3.78%1962: 3.86%1964: 3.87%1966: 3.86%1968: 3.48%1970: 3.36%1972: 3.41%1974: 3.22%1976: 3%1978: 3.15%1980: 2.92%1982: 2.85%1984: 2.67%1986: 2.59%1988: 2.45%1990: 2.46%1992: 2.34%1994: 2.11%1996: 1.47%1998: 1.86%2000: 1.81%2002: 1.63%2004: 1.43%2006: 1.32%2008: 1.17%2010: 1.19%2012: 1.14%2014: 1.13%2016: 1.06%2018: 1.04%2020: 1.15%2022: 1.33%2024: 2%
Change over the period: −1.78 pp Annual average: -0.03 pp

Comparison, 2024

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

Sweden 2%
World 2.47%
Northern Europe computed 2.08%
Military expenditure (% of GDP) — Sweden, by year Sweden All countries CSV XLSX
Year % Change, pp
2024 2 +0.5 pp
2023 1.5 +0.17 pp
2022 1.33 +0.14 pp
2021 1.19 +0.04 pp
2020 1.15 +0.05 pp
2019 1.1 +0.06 pp
2018 1.04 +0.01 pp
2017 1.03 −0.02 pp
2016 1.06 −0.02 pp
2015 1.07 −0.06 pp
2014 1.13 +0.02 pp
2013 1.12 −0.02 pp
2012 1.14 +0.03 pp
2011 1.11 −0.09 pp
2010 1.19 +0.03 pp
2009 1.17 −0 pp
2008 1.17 −0.13 pp
2007 1.3 −0.02 pp
2006 1.32 −0.09 pp
2005 1.41 −0.03 pp
2004 1.43 −0.15 pp
2003 1.59 −0.04 pp
2002 1.63 −0.14 pp
2001 1.77 −0.05 pp
2000 1.81 −0.04 pp
1999 1.85 −0.01 pp
1998 1.86 −0.04 pp
1997 1.9 +0.42 pp
1996 1.47 −0.27 pp
1995 1.74 −0.36 pp
1994 2.11 −0.13 pp
1993 2.24 −0.1 pp
1992 2.34 +0.02 pp
1991 2.32 −0.14 pp
1990 2.46 +0.03 pp
1989 2.43 −0.01 pp
1988 2.45 −0.04 pp
1987 2.48 −0.1 pp
1986 2.59 −0.09 pp
1985 2.67 +0 pp
1984 2.67 −0.07 pp
1983 2.74 −0.12 pp
1982 2.85 −0.09 pp
1981 2.95 +0.02 pp
1980 2.92 −0.2 pp
1979 3.12 −0.02 pp
1978 3.15 +0.05 pp
1977 3.1 +0.1 pp
1976 3 −0.08 pp
1975 3.08 −0.13 pp
1974 3.22 −0.06 pp
1973 3.28 −0.13 pp
1972 3.41 −0 pp
1971 3.41 +0.05 pp
1970 3.36 −0.1 pp
1969 3.46 −0.02 pp
1968 3.48 −0.13 pp
1967 3.61 −0.25 pp
1966 3.86 −0.05 pp
1965 3.91 +0.05 pp
1964 3.87 −0.1 pp
1963 3.97 +0.1 pp
1962 3.86 +0.14 pp
1961 3.72 −0.06 pp
1960 3.78

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.