Military expenditure in dollars — all countries

Military expenditure in dollars — Sweden

Military expenditure in dollars in Sweden in 2024 — 12,040,289,403 US$. Ranked 25 in the world out of 151. Since 1960, the indicator has risen by 2,185.3%.

2024 12.04B US$ +37.53% vs 2023
World rank 25of 151
Period maximum 12.04B US$2024
Period minimum 527M US$1960

Trend over time

1960–2024 · US$

Military expenditure in dollars — Sweden, 1960–202405B10B15B19601967197419811988199520022009201620231960: 526,848,900 US$1962: 636,258,725 US$1964: 758,619,890 US$1966: 906,980,385 US$1968: 941,001,815 US$1970: 1,118,164,544 US$1972: 1,458,082,236 US$1974: 1,855,084,673 US$1976: 2,345,444,903 US$1978: 2,873,317,738 US$1980: 3,791,756,609 US$1982: 2,980,130,869 US$1984: 2,668,524,384 US$1986: 3,577,484,916 US$1988: 4,651,754,894 US$1990: 5,913,117,377 US$1992: 6,141,834,497 US$1994: 4,818,836,776 US$1996: 4,301,745,512 US$1998: 5,035,805,617 US$2000: 4,764,337,105 US$2002: 4,354,573,015 US$2004: 5,514,710,385 US$2006: 5,577,203,266 US$2008: 6,024,791,006 US$2010: 5,885,935,800 US$2012: 6,243,671,605 US$2014: 6,555,518,064 US$2016: 5,427,549,191 US$2018: 5,732,822,794 US$2020: 6,271,285,838 US$2022: 7,722,479,441 US$2024: 12,040,289,403 US$
Change over the period: +11.51B (+2,185.34%) Average annual rate: 5.01 %

Comparison, 2024

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

Sweden 12.04B US$
World 2.65T US$
Northern Europe computed 128B US$
Military expenditure in dollars — Sweden, by year Sweden All countries CSV XLSX
Year US$ Change Change, %
2024 12.04B +3.29B +37.53%
2023 8.75B +1.03B +13.37%
2022 7.72B +140M +1.85%
2021 7.58B +1.31B +20.91%
2020 6.27B +432M +7.39%
2019 5.84B +107M +1.86%
2018 5.73B +206M +3.73%
2017 5.53B +99.04M +1.82%
2016 5.43B +40.61M +0.75%
2015 5.39B −1.17B −17.83%
2014 6.56B +26.78M +0.41%
2013 6.53B +285M +4.57%
2012 6.24B −81.08M −1.28%
2011 6.32B +439M +7.46%
2010 5.89B +823M +16.25%
2009 5.06B −962M −15.96%
2008 6.02B −361M −5.66%
2007 6.39B +809M +14.51%
2006 5.58B +58.74M +1.06%
2005 5.52B +3.76M +0.07%
2004 5.51B +209M +3.94%
2003 5.31B +951M +21.84%
2002 4.35B +70.95M +1.66%
2001 4.28B −481M −10.09%
2000 4.76B −316M −6.23%
1999 5.08B +45.02M +0.89%
1998 5.04B −49.4M −0.97%
1997 5.09B +783M +18.21%
1996 4.3B −352M −7.56%
1995 4.65B −165M −3.43%
1994 4.82B +66.18M +1.39%
1993 4.75B −1.39B −22.62%
1992 6.14B +263M +4.47%
1991 5.88B −34.3M −0.58%
1990 5.91B +1.03B +21.16%
1989 4.88B +229M +4.91%
1988 4.65B +469M +11.22%
1987 4.18B +605M +16.91%
1986 3.58B +782M +27.98%
1985 2.8B +127M +4.75%
1984 2.67B +39.5M +1.5%
1983 2.63B −351M −11.78%
1982 2.98B −510M −14.61%
1981 3.49B −302M −7.95%
1980 3.79B +424M +12.58%
1979 3.37B +495M +17.22%
1978 2.87B +313M +12.22%
1977 2.56B +215M +9.16%
1976 2.35B +113M +5.07%
1975 2.23B +377M +20.33%
1974 1.86B +153M +8.98%
1973 1.7B +244M +16.74%
1972 1.46B +219M +17.7%
1971 1.24B +121M +10.79%
1970 1.12B +101M +9.92%
1969 1.02B +76.26M +8.1%
1968 941M +19.04M +2.07%
1967 922M +14.98M +1.65%
1966 907M +62.44M +7.39%
1965 845M +85.92M +11.33%
1964 759M +60.7M +8.7%
1963 698M +61.66M +9.69%
1962 636M +71.52M +12.66%
1961 565M +37.89M +7.19%
1960 527M

About the indicator

Military expenditure in current US dollars under the SIPRI definition. It allows absolute defense budgets to be compared, but not military capability: the purchasing power of the dollar in defense differs widely between countries, so equal budgets buy different amounts of personnel and equipment.

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