Military spending, gaps filled in Sweden
Sweden: Military spending, gaps filled was 14.95 billion constant 2024 US$ in 2025. ▲ Rising
Military spending, gaps filled in Sweden, 1960–2025
Source: Statizoid (derived). Measured in constant 2024 US$.
Analysis
In 2025, military spending, gaps filled in Sweden stood at 14.95 billion constant 2024 US$. That is the highest value across all 66 years on record.
That represents a change of up 24.1% on the previous year and up 162.5% over ten years.
Over the whole period, military spending, gaps filled in Sweden peaked at 14.95 billion constant 2024 US$ in 2025 and was at its lowest, 3.84 billion constant 2024 US$, in 1960.
Sweden ranks 28th of 162 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 66 years of available data.
Military spending, gaps filled in Sweden, year by year
| Year | constant 2024 US$ | Change |
|---|---|---|
| 1960 | 3.84 billion constant 2024 US$ | — |
| 1961 | 4.03 billion constant 2024 US$ | +4.9% |
| 1962 | 4.33 billion constant 2024 US$ | +7.5% |
| 1963 | 4.62 billion constant 2024 US$ | +6.6% |
| 1964 | 4.86 billion constant 2024 US$ | +5.1% |
| 1965 | 5.15 billion constant 2024 US$ | +6.0% |
| 1966 | 5.20 billion constant 2024 US$ | +0.9% |
| 1967 | 5.07 billion constant 2024 US$ | -2.5% |
| 1968 | 5.07 billion constant 2024 US$ | +0.1% |
| 1969 | 5.34 billion constant 2024 US$ | +5.3% |
| 1970 | 5.48 billion constant 2024 US$ | +2.7% |
| 1971 | 5.61 billion constant 2024 US$ | +2.2% |
| 1972 | 5.78 billion constant 2024 US$ | +3.2% |
| 1973 | 5.80 billion constant 2024 US$ | +0.3% |
| 1974 | 5.85 billion constant 2024 US$ | +0.8% |
| 1975 | 6.00 billion constant 2024 US$ | +2.5% |
| 1976 | 5.99 billion constant 2024 US$ | -0.1% |
| 1977 | 6.04 billion constant 2024 US$ | +0.7% |
| 1978 | 6.21 billion constant 2024 US$ | +2.9% |
| 1979 | 6.45 billion constant 2024 US$ | +3.7% |
| 1980 | 6.30 billion constant 2024 US$ | -2.3% |
| 1981 | 6.19 billion constant 2024 US$ | -1.7% |
| 1982 | 6.04 billion constant 2024 US$ | -2.4% |
| 1983 | 5.97 billion constant 2024 US$ | -1.1% |
| 1984 | 6.05 billion constant 2024 US$ | +1.4% |
| 1985 | 6.14 billion constant 2024 US$ | +1.5% |
| 1986 | 6.24 billion constant 2024 US$ | +1.7% |
| 1987 | 6.66 billion constant 2024 US$ | +6.7% |
| 1988 | 6.69 billion constant 2024 US$ | +0.5% |
| 1989 | 6.77 billion constant 2024 US$ | +1.2% |
| 1990 | 6.90 billion constant 2024 US$ | +1.9% |
| 1991 | 6.50 billion constant 2024 US$ | -5.8% |
| 1992 | 6.32 billion constant 2024 US$ | -2.8% |
| 1993 | 6.30 billion constant 2024 US$ | -0.3% |
| 1994 | 6.28 billion constant 2024 US$ | -0.2% |
| 1995 | 6.30 billion constant 2024 US$ | +0.2% |
| 1996 | 6.38 billion constant 2024 US$ | +1.2% |
| 1997 | 6.05 billion constant 2024 US$ | -5.1% |
| 1998 | 6.23 billion constant 2024 US$ | +3.0% |
| 1999 | 6.47 billion constant 2024 US$ | +3.8% |
| 2000 | 6.61 billion constant 2024 US$ | +2.2% |
| 2001 | 6.27 billion constant 2024 US$ | -5.1% |
| 2002 | 6.10 billion constant 2024 US$ | -2.7% |
| 2003 | 6.06 billion constant 2024 US$ | -0.7% |
| 2004 | 5.70 billion constant 2024 US$ | -5.9% |
| 2005 | 5.78 billion constant 2024 US$ | +1.3% |
| 2006 | 5.69 billion constant 2024 US$ | -1.6% |
| 2007 | 5.84 billion constant 2024 US$ | +2.6% |
| 2008 | 5.19 billion constant 2024 US$ | -11.1% |
| 2009 | 5.09 billion constant 2024 US$ | -1.9% |
| 2010 | 5.51 billion constant 2024 US$ | +8.2% |
| 2011 | 5.18 billion constant 2024 US$ | -6.0% |
| 2012 | 5.29 billion constant 2024 US$ | +2.1% |
| 2013 | 5.32 billion constant 2024 US$ | +0.6% |
| 2014 | 5.64 billion constant 2024 US$ | +5.9% |
| 2015 | 5.70 billion constant 2024 US$ | +1.1% |
| 2016 | 5.77 billion constant 2024 US$ | +1.3% |
| 2017 | 5.77 billion constant 2024 US$ | -0.0% |
| 2018 | 5.96 billion constant 2024 US$ | +3.3% |
| 2019 | 6.49 billion constant 2024 US$ | +8.8% |
| 2020 | 6.75 billion constant 2024 US$ | +4.1% |
| 2021 | 7.44 billion constant 2024 US$ | +10.2% |
| 2022 | 8.25 billion constant 2024 US$ | +10.8% |
| 2023 | 9.07 billion constant 2024 US$ | +10.0% |
| 2024 | 12.05 billion constant 2024 US$ | +32.8% |
| 2025 | 14.95 billion constant 2024 US$ | +24.1% |
Sweden compared with similar countries
- Sweden's 14.95 billion constant 2024 US$ is above the median for high income countries, which is 6.82 billion constant 2024 US$, 2.2× the median. (54 countries reporting)
- Sweden's 14.95 billion constant 2024 US$ is above the median for Europe & Central Asia, which is 2.80 billion constant 2024 US$, 5.3× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Military spending, gaps filled in Sweden changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2024 | +32.8% | 9.07 billion constant 2024 US$ | 12.05 billion constant 2024 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.75 billion constant 2024 US$ | 3.84 billion constant 2024 US$ | 5.34 billion constant 2024 US$ | 10 |
| 1970s | 5.92 billion constant 2024 US$ | 5.48 billion constant 2024 US$ | 6.45 billion constant 2024 US$ | 10 |
| 1980s | 6.31 billion constant 2024 US$ | 5.97 billion constant 2024 US$ | 6.77 billion constant 2024 US$ | 10 |
| 1990s | 6.37 billion constant 2024 US$ | 6.05 billion constant 2024 US$ | 6.90 billion constant 2024 US$ | 10 |
| 2000s | 5.83 billion constant 2024 US$ | 5.09 billion constant 2024 US$ | 6.61 billion constant 2024 US$ | 10 |
| 2010s | 5.66 billion constant 2024 US$ | 5.18 billion constant 2024 US$ | 6.49 billion constant 2024 US$ | 10 |
| 2020s | 9.75 billion constant 2024 US$ | 6.75 billion constant 2024 US$ | 14.95 billion constant 2024 US$ | 6 |
Countries ranked near Sweden
- 25 Norway 16.09 billion constant 2024 US$ compare
- 26 Qatar 16.08 billion constant 2024 US$ compare
- 27 Indonesia 15.33 billion constant 2024 US$ compare
- 29 Denmark 14.08 billion constant 2024 US$ compare
- 30 Mexico 13.78 billion constant 2024 US$ compare
- 31 Colombia 13.74 billion constant 2024 US$ compare
More reference data data for Sweden
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.4328 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.2237 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 1.68 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2063 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 1.68 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.45 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.9766 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.13 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 8.03 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.12 (2050)
Frequently asked questions
- What is military spending, gaps filled in Sweden?
- Military spending, gaps filled in Sweden was 14.95 billion constant 2024 US$ in 2025, according to Statizoid (derived).
- What is the highest military spending, gaps filled recorded in Sweden?
- The highest recorded value was 14.95 billion constant 2024 US$ in 2025.
- What is the lowest military spending, gaps filled recorded in Sweden?
- The lowest recorded value was 3.84 billion constant 2024 US$ in 1960.
- How does Sweden rank for military spending, gaps filled?
- Sweden ranks 28th out of 162 countries with data for 2025.
- Is military spending, gaps filled rising or falling in Sweden?
- Over the last ten years it is up 162.5%. The long-run trend across the full record is rising.
- Where does this Sweden data come from?
- The figures come from Statizoid (derived), published as part of Military spending, gaps filled. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Military spending with 108 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.
Computed from
- Military spending Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data
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
Military spending with 108 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.