Indonesia vs Sweden: Military spending

Indonesia
11.67 billion constant 2022 US$
in 2023
Sweden
9.90 billion constant 2022 US$
in 2023
Indonesia rank
29th
Sweden rank
32nd

Military spending over time

  • Indonesia
  • Sweden
02.5B5.0B7.5B10.0B12.5B181619192023

How they compare

Indonesia currently reports 11.67 billion constant 2022 US$ against 9.90 billion constant 2022 US$ in Sweden, a difference of 1.77 billion constant 2022 US$.

That makes Indonesia's figure about 1.2 times Sweden's.

The two have swapped places 5 times across 75 shared years of data; in 1949 it was Sweden ahead.

Indonesia ranks 29th and Sweden ranks 32nd of 172 countries.

Across the 9 decades both report, Indonesia averaged higher in 2 and Sweden in 7.

Head to head by decade

Decade Indonesia Sweden Difference Ahead
1940s 2.24 billion constant 2022 US$ 2.74 billion constant 2022 US$ 505.27 million constant 2022 US$ Sweden
1950s 2.95 billion constant 2022 US$ 3.73 billion constant 2022 US$ 775.39 million constant 2022 US$ Sweden
1960s 2.26 billion constant 2022 US$ 5.77 billion constant 2022 US$ 3.52 billion constant 2022 US$ Sweden
1970s 3.81 billion constant 2022 US$ 8.51 billion constant 2022 US$ 4.70 billion constant 2022 US$ Sweden
1980s 4.36 billion constant 2022 US$ 8.41 billion constant 2022 US$ 4.06 billion constant 2022 US$ Sweden
1990s 3.75 billion constant 2022 US$ 8.59 billion constant 2022 US$ 4.84 billion constant 2022 US$ Sweden
2000s 5.14 billion constant 2022 US$ 7.39 billion constant 2022 US$ 2.25 billion constant 2022 US$ Sweden
2010s 8.84 billion constant 2022 US$ 7.13 billion constant 2022 US$ 1.71 billion constant 2022 US$ Indonesia
2020s 11.30 billion constant 2022 US$ 9.26 billion constant 2022 US$ 2.04 billion constant 2022 US$ Indonesia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, Indonesia or Sweden?
Indonesia, at 11.67 billion constant 2022 US$ against 9.90 billion constant 2022 US$ in Sweden as of 2023.
What is the difference in military spending between Indonesia and Sweden?
1.77 billion constant 2022 US$, with Indonesia ahead.
How many years of comparable data are there for Indonesia and Sweden?
75 years are reported by both, from 1949 to 2023.
How do Indonesia and Sweden rank globally for military spending?
Indonesia ranks 29th and Sweden ranks 32nd of 172 countries.
Where does this data come from?
Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as Military spending. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Indonesia vs Sweden: Military spending. Statizoid, drawing on Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Retrieved 23 September 2026, from https://reference.statizoid.com/compare/military-spending-gmsd/indonesia/sweden/

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<a href="https://reference.statizoid.com/compare/military-spending-gmsd/indonesia/sweden/">Indonesia vs Sweden: Military spending</a> — Statizoid

About this data

Indicator
Military spending
Unit
constant 2022 US$
Source
Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.