Sweden Military Spending/Defense Budget 1960-2022

Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country).
  • Sweden military spending/defense budget for 2020 was $6.45B, a 10.52% increase from 2019.
  • Sweden military spending/defense budget for 2019 was $5.84B, a 1.86% increase from 2018.
  • Sweden military spending/defense budget for 2018 was $5.73B, a 3.73% increase from 2017.
  • Sweden military spending/defense budget for 2017 was $5.53B, a 1.82% increase from 2016.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
United States $778.23B
United Kingdom $59.24B
Saudi Arabia $57.52B
Germany $52.76B
France $52.75B
Japan $49.15B
South Korea $45.74B
Italy $28.92B
Australia $27.54B
Canada $22.75B
Israel $21.70B
Spain $17.43B
Poland $13.03B
Netherlands $12.58B
Singapore $10.86B
Norway $7.11B
Kuwait $6.94B
Oman $6.73B
Sweden $6.45B
Switzerland $5.70B
Belgium $5.46B
Greece $5.30B
Denmark $4.95B
Portugal $4.64B
Chile $4.60B
Finland $4.09B
Austria $3.60B
Czech Republic $3.25B
New Zealand $3.01B
Argentina $2.91B
Hungary $2.41B
Slovak Republic $1.84B
Bahrain $1.40B
Lithuania $1.17B
Uruguay $1.16B
Ireland $1.14B
Croatia $1.03B
Latvia $0.76B
Estonia $0.70B
Slovenia $0.57B
Luxembourg $0.49B
Brunei $0.44B
Cyprus $0.42B
Trinidad and Tobago $0.16B
Malta $0.08B
Seychelles $0.02B
Iceland $0.00B
Panama $0.00B
Sweden Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2020 $6.45B 1.22%
2019 $5.84B 1.10%
2018 $5.73B 1.03%
2017 $5.53B 1.02%
2016 $5.43B 1.05%
2015 $5.39B 1.07%
2014 $6.56B 1.13%
2013 $6.53B 1.11%
2012 $6.24B 1.13%
2011 $6.32B 1.10%
2010 $5.89B 1.19%
2009 $5.06B 1.16%
2008 $6.02B 1.16%
2007 $6.39B 1.30%
2006 $5.58B 1.33%
2005 $5.52B 1.42%
2004 $5.51B 1.44%
2003 $5.31B 1.60%
2002 $4.35B 1.64%
2001 $4.13B 1.71%
2000 $4.79B 1.83%
1999 $5.15B 1.89%
1998 $5.13B 1.91%
1997 $5.20B 1.95%
1996 $6.20B 2.14%
1995 $5.73B 2.16%
1994 $5.15B 2.28%
1993 $5.01B 2.39%
1992 $6.42B 2.44%
1991 $6.22B 2.45%
1990 $6.17B 2.57%
1989 $5.03B 2.51%
1988 $4.92B 2.59%
1987 $4.47B 2.65%
1986 $3.58B 2.59%
1985 $2.80B 2.67%
1984 $2.67B 2.67%
1983 $2.63B 2.74%
1982 $2.98B 2.85%
1981 $3.49B 2.95%
1980 $3.79B 2.92%
1979 $3.37B 3.12%
1978 $2.87B 3.15%
1977 $2.56B 3.10%
1976 $2.35B 3.00%
1975 $2.23B 3.08%
1974 $1.86B 3.22%
1973 $1.70B 3.28%
1972 $1.46B 3.41%
1971 $1.24B 3.41%
1970 $1.12B 3.36%
1969 $1.02B 3.46%
1968 $0.94B 3.48%
1967 $0.92B 3.61%
1966 $0.91B 3.86%
1965 $0.84B 3.91%
1964 $0.76B 3.87%
1963 $0.70B 3.97%
1962 $0.64B 3.86%
1961 $0.56B 3.72%
1960 $0.53B 3.78%