Sweden Military Spending/Defense Budget 1960-2024
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 2022 was $7.72B, a 1.85% increase from 2021.
- Sweden military spending/defense budget for 2021 was $7.58B, a 20.91% increase from 2020.
- Sweden military spending/defense budget for 2020 was $6.27B, a 7.39% increase from 2019.
- Sweden military spending/defense budget for 2019 was $5.84B, a 1.86% increase from 2018.
| Sweden Military Spending/Defense Budget - Historical Data |
| Year |
Billions of US $ |
% of GDP |
| 2022 |
$7.72B |
1.31% |
| 2021 |
$7.58B |
1.19% |
| 2020 |
$6.27B |
1.15% |
| 2019 |
$5.84B |
1.09% |
| 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 |
1.32% |
| 2005 |
$5.52B |
1.41% |
| 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 |
$5.04B |
1.87% |
| 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% |
