Military spending, annual growth rate in Sweden

Sweden: Military spending, annual growth rate was 3.3 % change on previous year in 2023. ◆ Volatile

Latest (2023)
3.3 % change on previous year
Change on year
down 41.1%
World rank
115th
of 172 countries
All-time high
56.28 % change on previous year
in 1940
All-time low
-29.12 % change on previous year
in 1919
Years of data
207
1817–2023

Military spending, annual growth rate in Sweden, 1817–2023

-200204060181719202023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2023, military spending, annual growth rate in Sweden stood at 3.3 % change on previous year.

The figure is down 41.1% on the previous year and up 280.5% over ten years.

Over the whole period, military spending, annual growth rate in Sweden peaked at 56.28 % change on previous year in 1940 and was at its lowest, -29.12 % change on previous year, in 1919.

Sweden ranks 115th of 172 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Military spending, annual growth rate in Sweden, year by year

Annual values for Military spending, annual growth rate in Sweden, 1817 to 2023.
Year % change on previous year Change
1817 -11.51 % change on previous year
1818 -1.32 % change on previous year -88.6%
1819 7.55 % change on previous year -673.8%
1820 8.21 % change on previous year +8.8%
1821 7.21 % change on previous year -12.2%
1822 -2.93 % change on previous year -140.7%
1823 9.62 % change on previous year -428.1%
1824 10.33 % change on previous year +7.4%
1825 1.12 % change on previous year -89.2%
1826 2.09 % change on previous year +86.6%
1827 -1.4 % change on previous year -167.2%
1828 6.06 % change on previous year -531.2%
1829 9.45 % change on previous year +56.0%
1830 -10.16 % change on previous year -207.5%
1831 21.23 % change on previous year -308.9%
1832 0.67 % change on previous year -96.8%
1833 0.5918 % change on previous year -11.7%
1834 -8.11 % change on previous year -1470.7%
1835 4.64 % change on previous year -157.2%
1836 -4.81 % change on previous year -203.7%
1837 6.65 % change on previous year -238.3%
1838 -1.05 % change on previous year -115.8%
1839 -5.73 % change on previous year +444.9%
1840 10.37 % change on previous year -281.0%
1841 4.63 % change on previous year -55.3%
1842 1.95 % change on previous year -57.9%
1843 5.91 % change on previous year +202.9%
1844 1.41 % change on previous year -76.1%
1845 0.2637 % change on previous year -81.3%
1846 -4.99 % change on previous year -1992.5%
1847 -5.7 % change on previous year +14.3%
1848 7.76 % change on previous year -236.1%
1849 -3.9 % change on previous year -150.2%
1850 -8.61 % change on previous year +121.1%
1851 4.91 % change on previous year -157.0%
1852 2.29 % change on previous year -53.3%
1853 2.09 % change on previous year -9.0%
1854 2.7 % change on previous year +29.1%
1855 2.57 % change on previous year -4.6%
1856 -0.5322 % change on previous year -120.7%
1857 -1.98 % change on previous year +271.3%
1858 6.74 % change on previous year -441.3%
1859 8.78 % change on previous year +30.2%
1860 2.41 % change on previous year -72.6%
1861 -4.12 % change on previous year -271.1%
1862 8.76 % change on previous year -312.4%
1863 -1.36 % change on previous year -115.6%
1864 11.27 % change on previous year -926.4%
1865 -23.7 % change on previous year -310.3%
1866 -6.5 % change on previous year -72.6%
1867 2.38 % change on previous year -136.6%
1868 4.72 % change on previous year +98.4%
1869 -14.09 % change on previous year -398.7%
1870 -0.2831 % change on previous year -98.0%
1871 11.76 % change on previous year -4254.8%
1872 5.35 % change on previous year -54.5%
1873 16.82 % change on previous year +214.5%
1874 0.3366 % change on previous year -98.0%
1875 8.1 % change on previous year +2306.3%
1876 16.54 % change on previous year +104.2%
1877 -7.26 % change on previous year -143.9%
1878 23.11 % change on previous year -418.1%
1879 -2.16 % change on previous year -109.4%
1880 -3.83 % change on previous year +77.4%
1881 4.39 % change on previous year -214.4%
1882 5.92 % change on previous year +35.0%
1883 6.25 % change on previous year +5.6%
1884 7.71 % change on previous year +23.3%
1885 2.98 % change on previous year -61.4%
1886 3.05 % change on previous year +2.6%
1887 -3.4 % change on previous year -211.4%
1888 -2.47 % change on previous year -27.5%
1889 4.47 % change on previous year -281.4%
1890 12.41 % change on previous year +177.6%
1891 -9.87 % change on previous year -179.5%
1892 10.38 % change on previous year -205.1%
1893 8.04 % change on previous year -22.5%
1894 14.12 % change on previous year +75.6%
1895 13.72 % change on previous year -2.8%
1896 3.48 % change on previous year -74.7%
1897 7.87 % change on previous year +126.5%
1898 5.89 % change on previous year -25.2%
1899 6.26 % change on previous year +6.2%
1900 11.08 % change on previous year +77.2%
1901 8.87 % change on previous year -20.0%
1902 8.31 % change on previous year -6.3%
1903 7.5 % change on previous year -9.8%
1904 2.01 % change on previous year -73.2%
1905 1.15 % change on previous year -42.9%
1906 -0.9283 % change on previous year -180.8%
1907 -1.24 % change on previous year +34.0%
1908 4.21 % change on previous year -438.6%
1909 12.06 % change on previous year +186.3%
1910 -5.87 % change on previous year -148.7%
1911 -0.8765 % change on previous year -85.1%
1912 1.77 % change on previous year -301.9%
1913 8.87 % change on previous year +401.2%
1914 -16.92 % change on previous year -290.8%
1915 28.72 % change on previous year -269.7%
1916 21.69 % change on previous year -24.5%
1917 3.45 % change on previous year -84.1%
1918 -0.3358 % change on previous year -109.7%
1919 -29.12 % change on previous year +8572.5%
1920 -22.43 % change on previous year -23.0%
1921 8.99 % change on previous year -140.1%
1922 8.23 % change on previous year -8.4%
1923 -2.29 % change on previous year -127.8%
1924 -1.13 % change on previous year -50.8%
1925 -0.9257 % change on previous year -17.8%
1926 5.03 % change on previous year -643.6%
1927 -2.47 % change on previous year -149.1%
1928 -3.38 % change on previous year +36.8%
1929 0.3288 % change on previous year -109.7%
1930 -1.19 % change on previous year -463.2%
1931 -5.14 % change on previous year +330.3%
1932 -6.14 % change on previous year +19.5%
1933 -3.99 % change on previous year -35.0%
1934 31.83 % change on previous year -897.4%
1935 6.53 % change on previous year -79.5%
1936 11.13 % change on previous year +70.4%
1937 19.83 % change on previous year +78.2%
1938 32.57 % change on previous year +64.3%
1939 24.83 % change on previous year -23.8%
1940 56.28 % change on previous year +126.7%
1941 23.95 % change on previous year -57.4%
1942 6.42 % change on previous year -73.2%
1943 7.26 % change on previous year +13.1%
1944 5.14 % change on previous year -29.3%
1945 1.43 % change on previous year -72.1%
1946 -11.53 % change on previous year -903.9%
1947 -12.13 % change on previous year +5.2%
1948 -3.82 % change on previous year -68.5%
1949 17.04 % change on previous year -546.4%
1950 -10.6 % change on previous year -162.2%
1951 6.22 % change on previous year -158.7%
1952 25.37 % change on previous year +307.9%
1953 10.17 % change on previous year -59.9%
1954 9.07 % change on previous year -10.8%
1955 -0.8828 % change on previous year -109.7%
1956 9.4 % change on previous year -1165.1%
1957 2.63 % change on previous year -72.0%
1958 8.03 % change on previous year +205.0%
1959 -10.87 % change on previous year -235.4%
1960 -1.1 % change on previous year -89.9%
1961 7.63 % change on previous year -796.3%
1962 10.46 % change on previous year +37.0%
1963 6.33 % change on previous year -39.5%
1964 9.42 % change on previous year +48.9%
1965 8.29 % change on previous year -12.0%
1966 2.96 % change on previous year -64.3%
1967 2.58 % change on previous year -12.8%
1968 6.97 % change on previous year +169.6%
1969 -1.75 % change on previous year -125.2%
1970 6.57 % change on previous year -474.7%
1971 5.19 % change on previous year -21.0%
1972 9 % change on previous year +73.3%
1973 1.71 % change on previous year -81.0%
1974 -3.74 % change on previous year -318.7%
1975 7.9 % change on previous year -311.3%
1976 -2.82 % change on previous year -135.7%
1977 5.19 % change on previous year -284.1%
1978 -2.97 % change on previous year -157.2%
1979 2.82 % change on previous year -195.0%
1980 -1.35 % change on previous year -148.0%
1981 -6.76 % change on previous year +399.7%
1982 -2.56 % change on previous year -62.1%
1983 -8.1 % change on previous year +215.8%
1984 1.71 % change on previous year -121.1%
1985 2.96 % change on previous year +73.2%
1986 13.89 % change on previous year +369.8%
1987 0.6643 % change on previous year -95.2%
1988 0.1454 % change on previous year -78.1%
1989 -3.55 % change on previous year -2542.5%
1990 5.25 % change on previous year -247.9%
1991 1.52 % change on previous year -71.0%
1992 0.0045 % change on previous year -99.7%
1993 -9.87 % change on previous year -218321.1%
1994 3.73 % change on previous year -137.8%
1995 0.185 % change on previous year -95.0%
1996 -6.2 % change on previous year -3450.8%
1997 3.94 % change on previous year -163.5%
1998 -3.37 % change on previous year -185.6%
1999 -7.53 % change on previous year +123.3%
2000 -2.06 % change on previous year -72.7%
2001 -4.92 % change on previous year +139.2%
2002 2.37 % change on previous year -148.2%
2003 1.83 % change on previous year -22.9%
2004 4.71 % change on previous year +157.7%
2005 -3.48 % change on previous year -173.8%
2006 4.61 % change on previous year -232.6%
2007 -0.2372 % change on previous year -105.1%
2008 -1.91 % change on previous year +703.5%
2009 -13.81 % change on previous year +624.7%
2010 3.49 % change on previous year -125.3%
2011 -1.22 % change on previous year -134.9%
2012 7.37 % change on previous year -706.0%
2013 -1.83 % change on previous year -124.8%
2014 0.3111 % change on previous year -117.0%
2015 -5.06 % change on previous year -1726.1%
2016 0.4349 % change on previous year -108.6%
2017 6.28 % change on previous year +1343.8%
2018 4.86 % change on previous year -22.5%
2019 9.04 % change on previous year +85.9%
2020 3.48 % change on previous year -61.5%
2021 6.7 % change on previous year +92.5%
2022 5.6 % change on previous year -16.5%
2023 3.3 % change on previous year -41.1%

Sweden compared with similar countries

  • Sweden's 3.3 % change on previous year is below the median for high income countries, which is 5.57 % change on previous year, 59% of the median. (55 countries reporting)
  • Sweden's 3.3 % change on previous year is below the median for Europe & Central Asia, which is 7.48 % change on previous year, 44% of the median. (48 countries reporting)

Biggest year-on-year movements

Years where Military spending, annual growth rate in Sweden changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1993 -218321.1% 0.0045 % change on previous year -9.87 % change on previous year
1919 -8572.5% -0.3358 % change on previous year -29.12 % change on previous year
1871 +4254.8% -0.2831 % change on previous year 11.76 % change on previous year
1996 -3450.8% 0.185 % change on previous year -6.2 % change on previous year
1989 -2542.5% 0.1454 % change on previous year -3.55 % change on previous year
1875 +2306.3% 0.3366 % change on previous year 8.1 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1810s -1.76 % change on previous year -11.51 % change on previous year 7.55 % change on previous year 3
1820s 4.97 % change on previous year -2.93 % change on previous year 10.33 % change on previous year 10
1830s 0.3917 % change on previous year -10.16 % change on previous year 21.23 % change on previous year 10
1840s 1.77 % change on previous year -5.7 % change on previous year 10.37 % change on previous year 10
1850s 1.9 % change on previous year -8.61 % change on previous year 8.78 % change on previous year 10
1860s -2.03 % change on previous year -23.7 % change on previous year 11.27 % change on previous year 10
1870s 7.23 % change on previous year -7.26 % change on previous year 23.11 % change on previous year 10
1880s 2.51 % change on previous year -3.83 % change on previous year 7.71 % change on previous year 10
1890s 7.23 % change on previous year -9.87 % change on previous year 14.12 % change on previous year 10
1900s 5.3 % change on previous year -1.24 % change on previous year 12.06 % change on previous year 10
1910s 1.14 % change on previous year -29.12 % change on previous year 28.72 % change on previous year 10
1920s -1 % change on previous year -22.43 % change on previous year 8.99 % change on previous year 10
1930s 11.03 % change on previous year -6.14 % change on previous year 32.57 % change on previous year 10
1940s 9 % change on previous year -12.13 % change on previous year 56.28 % change on previous year 10
1950s 4.85 % change on previous year -10.87 % change on previous year 25.37 % change on previous year 10
1960s 5.18 % change on previous year -1.75 % change on previous year 10.46 % change on previous year 10
1970s 2.89 % change on previous year -3.74 % change on previous year 9 % change on previous year 10
1980s -0.2969 % change on previous year -8.1 % change on previous year 13.89 % change on previous year 10
1990s -1.23 % change on previous year -9.87 % change on previous year 5.25 % change on previous year 10
2000s -1.29 % change on previous year -13.81 % change on previous year 4.71 % change on previous year 10
2010s 2.37 % change on previous year -5.06 % change on previous year 9.04 % change on previous year 10
2020s 4.77 % change on previous year 3.3 % change on previous year 6.7 % change on previous year 4

Countries ranked near Sweden

  1. 112 Kuwait 3.53 % change on previous year compare
  2. 113 China 3.41 % change on previous year compare
  3. 114 Chile 3.41 % change on previous year compare
  4. 116 New Zealand 3.25 % change on previous year compare
  5. 117 Congo 3.19 % change on previous year compare
  6. 118 Jamaica 3.05 % change on previous year compare

See the full ranking of 172 places →

More reference data data for Sweden

All data for Sweden →

Frequently asked questions

What is military spending, annual growth rate in Sweden?
Military spending, annual growth rate in Sweden was 3.3 % change on previous year in 2023, according to Statizoid (derived).
What is the highest military spending, annual growth rate recorded in Sweden?
The highest recorded value was 56.28 % change on previous year in 1940.
What is the lowest military spending, annual growth rate recorded in Sweden?
The lowest recorded value was -29.12 % change on previous year in 1919.
How does Sweden rank for military spending, annual growth rate?
Sweden ranks 115th out of 172 countries with data for 2023.
Is military spending, annual growth rate rising or falling in Sweden?
Over the last ten years it is up 280.5%. The long-run trend across the full record is volatile.
Where does this Sweden data come from?
The figures come from Statizoid (derived), published as part of Military spending, annual growth rate. Statizoid updates them automatically from the source API.

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Military spending, annual growth rate in Sweden. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-annual-growth-rate-2/sweden/

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<a href="https://reference.statizoid.com/stat/military-spending-annual-growth-rate-2/sweden/">Military spending, annual growth rate in Sweden</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Military spending, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
172 places, 15,188 data points, 1817–2023
Last refreshed

The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.