Statizoid

Norway vs Sweden: Military spending

Norway
10.47 billion constant 2022 US$
in 2023
Sweden
9.90 billion constant 2022 US$
in 2023
Norway rank
30th
Sweden rank
32nd

Military spending over time

  • Norway
  • Sweden
02.5B5.0B7.5B10.0B181619192023

How they compare

Norway currently reports 10.47 billion constant 2022 US$ against 9.90 billion constant 2022 US$ in Sweden, a difference of 570.44 million constant 2022 US$.

That makes Norway's figure about 1.1 times Sweden's.

The two have swapped places 3 times across 115 shared years of data; in 1905 it was Sweden ahead.

Norway ranks 30th and Sweden ranks 32nd of 172 countries.

Individual pages

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.