Sweden vs Vietnam: Military spending, per unit of GDP

Sweden
0.0224 constant 2024 US$ per US$ of GDP
in 2025
Vietnam
0.0212 constant 2024 US$ per US$ of GDP
in 2025
Sweden rank
51st
Vietnam rank
54th

Military spending, per unit of GDP over time

  • Sweden
  • Vietnam
00.10.20.3196019922025

How they compare

Sweden currently reports 0.0224 constant 2024 US$ per US$ of GDP against 0.0212 constant 2024 US$ per US$ of GDP in Vietnam, a difference of 0.0012 constant 2024 US$ per US$ of GDP.

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

The two have swapped places 2 times across 31 shared years of data; in 1987 it was Sweden ahead.

Sweden ranks 51st and Vietnam ranks 54th of 160 countries.

Vietnam has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Sweden Vietnam Difference Ahead
1980s 0.0333 constant 2024 US$ per US$ of GDP 0.1269 constant 2024 US$ per US$ of GDP 0.0936 constant 2024 US$ per US$ of GDP Vietnam
1990s 0.0259 constant 2024 US$ per US$ of GDP 0.1488 constant 2024 US$ per US$ of GDP 0.1229 constant 2024 US$ per US$ of GDP Vietnam
2000s 0.0136 constant 2024 US$ per US$ of GDP 0.0404 constant 2024 US$ per US$ of GDP 0.0269 constant 2024 US$ per US$ of GDP Vietnam
2010s 0.0105 constant 2024 US$ per US$ of GDP 0.0273 constant 2024 US$ per US$ of GDP 0.0168 constant 2024 US$ per US$ of GDP Vietnam
2020s 0.0161 constant 2024 US$ per US$ of GDP 0.0199 constant 2024 US$ per US$ of GDP 0.0039 constant 2024 US$ per US$ of GDP Vietnam

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, per unit of gdp, Sweden or Vietnam?
Sweden, at 0.0224 constant 2024 US$ per US$ of GDP against 0.0212 constant 2024 US$ per US$ of GDP in Vietnam as of 2025.
What is the difference in military spending, per unit of gdp between Sweden and Vietnam?
0.0012 constant 2024 US$ per US$ of GDP, with Sweden ahead.
How many years of comparable data are there for Sweden and Vietnam?
31 years are reported by both, from 1987 to 2025.
How do Sweden and Vietnam rank globally for military spending, per unit of gdp?
Sweden ranks 51st and Vietnam ranks 54th of 160 countries.
Where does this data come from?
Statizoid (derived), published as Military spending, per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Sweden vs Vietnam: Military spending, per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/compare/military-spending-per-unit-of-gdp/sweden/viet-nam/

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About this data

Indicator
Military spending, per unit of GDP
Unit
constant 2024 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
160 places, 7,842 data points, 1960–2025
Last refreshed

Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.