Military spending in Switzerland

Switzerland: Military spending was 7.40 billion constant 2022 US$ in 2023. ◆ Volatile

Latest (2023)
7.40 billion constant 2022 US$
Change on year
up 6.1%
World rank
39th
of 172 countries
All-time high
7.40 billion constant 2022 US$
in 2023
All-time low
8.01 million constant 2022 US$
in 1853
Years of data
208
1816–2023

Military spending in Switzerland, 1816–2023

02.0B4.0B6.0B8.0B181619192023

Source: Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in constant 2022 US$.

Analysis

In 2023, military spending in Switzerland stood at 7.40 billion constant 2022 US$. That is the highest value across all 208 years on record.

That represents a change of up 6.1% on the previous year and up 30.8% over ten years.

Over the whole period, military spending in Switzerland peaked at 7.40 billion constant 2022 US$ in 2023 and was at its lowest, 8.01 million constant 2022 US$, in 1853.

Switzerland ranks 39th of 172 countries on this measure, in the top quarter.

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

Military spending in Switzerland, year by year

Annual values for Military spending in Switzerland, 1816 to 2023.
Year constant 2022 US$ Change
1816 18.25 million constant 2022 US$
1817 15.79 million constant 2022 US$ -13.5%
1818 14.75 million constant 2022 US$ -6.6%
1819 14.75 million constant 2022 US$ +0.0%
1820 14.86 million constant 2022 US$ +0.8%
1821 16.49 million constant 2022 US$ +10.9%
1822 16.00 million constant 2022 US$ -3.0%
1823 16.62 million constant 2022 US$ +3.9%
1824 16.76 million constant 2022 US$ +0.8%
1825 15.33 million constant 2022 US$ -8.5%
1826 15.49 million constant 2022 US$ +1.0%
1827 14.91 million constant 2022 US$ -3.7%
1828 14.98 million constant 2022 US$ +0.5%
1829 16.37 million constant 2022 US$ +9.3%
1830 14.71 million constant 2022 US$ -10.2%
1831 17.12 million constant 2022 US$ +16.4%
1832 16.03 million constant 2022 US$ -6.3%
1833 16.15 million constant 2022 US$ +0.7%
1834 14.21 million constant 2022 US$ -12.0%
1835 15.05 million constant 2022 US$ +5.9%
1836 12.23 million constant 2022 US$ -18.7%
1837 12.29 million constant 2022 US$ +0.5%
1838 12.19 million constant 2022 US$ -0.9%
1839 11.98 million constant 2022 US$ -1.7%
1840 12.96 million constant 2022 US$ +8.1%
1841 12.10 million constant 2022 US$ -6.7%
1842 12.11 million constant 2022 US$ +0.1%
1843 12.53 million constant 2022 US$ +3.4%
1844 12.36 million constant 2022 US$ -1.3%
1845 12.49 million constant 2022 US$ +1.1%
1846 11.50 million constant 2022 US$ -7.9%
1847 10.67 million constant 2022 US$ -7.2%
1848 10.59 million constant 2022 US$ -0.8%
1849 10.34 million constant 2022 US$ -2.4%
1850 9.00 million constant 2022 US$ -12.9%
1851 8.89 million constant 2022 US$ -1.2%
1852 8.45 million constant 2022 US$ -5.0%
1853 8.01 million constant 2022 US$ -5.2%
1854 8.56 million constant 2022 US$ +6.9%
1855 8.94 million constant 2022 US$ +4.5%
1856 9.28 million constant 2022 US$ +3.8%
1857 9.23 million constant 2022 US$ -0.6%
1858 12.38 million constant 2022 US$ +34.1%
1859 17.21 million constant 2022 US$ +39.0%
1860 18.95 million constant 2022 US$ +10.1%
1861 17.10 million constant 2022 US$ -9.8%
1862 18.01 million constant 2022 US$ +5.3%
1863 17.78 million constant 2022 US$ -1.3%
1864 19.37 million constant 2022 US$ +9.0%
1865 16.02 million constant 2022 US$ -17.3%
1866 15.00 million constant 2022 US$ -6.4%
1867 12.87 million constant 2022 US$ -14.2%
1868 12.33 million constant 2022 US$ -4.2%
1869 11.45 million constant 2022 US$ -7.1%
1870 10.24 million constant 2022 US$ -10.6%
1871 11.43 million constant 2022 US$ +11.6%
1872 13.08 million constant 2022 US$ +14.5%
1873 16.59 million constant 2022 US$ +26.8%
1874 19.32 million constant 2022 US$ +16.5%
1875 41.02 million constant 2022 US$ +112.3%
1876 57.52 million constant 2022 US$ +40.2%
1877 60.22 million constant 2022 US$ +4.7%
1878 68.14 million constant 2022 US$ +13.2%
1879 65.98 million constant 2022 US$ -3.2%
1880 62.65 million constant 2022 US$ -5.1%
1881 66.88 million constant 2022 US$ +6.8%
1882 72.67 million constant 2022 US$ +8.6%
1883 75.46 million constant 2022 US$ +3.8%
1884 81.45 million constant 2022 US$ +7.9%
1885 80.14 million constant 2022 US$ -1.6%
1886 88.09 million constant 2022 US$ +9.9%
1887 88.46 million constant 2022 US$ +0.4%
1888 100.40 million constant 2022 US$ +13.5%
1889 116.67 million constant 2022 US$ +16.2%
1890 143.46 million constant 2022 US$ +23.0%
1891 140.22 million constant 2022 US$ -2.3%
1892 141.74 million constant 2022 US$ +1.1%
1893 135.11 million constant 2022 US$ -4.7%
1894 132.25 million constant 2022 US$ -2.1%
1895 134.72 million constant 2022 US$ +1.9%
1896 132.95 million constant 2022 US$ -1.3%
1897 130.58 million constant 2022 US$ -1.8%
1898 142.06 million constant 2022 US$ +8.8%
1899 145.22 million constant 2022 US$ +2.2%
1900 145.13 million constant 2022 US$ -0.1%
1901 143.03 million constant 2022 US$ -1.4%
1902 153.90 million constant 2022 US$ +7.6%
1903 147.79 million constant 2022 US$ -4.0%
1904 151.58 million constant 2022 US$ +2.6%
1905 163.22 million constant 2022 US$ +7.7%
1906 168.90 million constant 2022 US$ +3.5%
1907 178.19 million constant 2022 US$ +5.5%
1908 173.67 million constant 2022 US$ -2.5%
1909 194.41 million constant 2022 US$ +11.9%
1910 187.15 million constant 2022 US$ -3.7%
1911 184.00 million constant 2022 US$ -1.7%
1912 182.97 million constant 2022 US$ -0.6%
1913 170.53 million constant 2022 US$ -6.8%
1914 91.96 million constant 2022 US$ -46.1%
1915 105.58 million constant 2022 US$ +14.8%
1916 106.54 million constant 2022 US$ +0.9%
1917 108.54 million constant 2022 US$ +1.9%
1918 121.90 million constant 2022 US$ +12.3%
1919 117.57 million constant 2022 US$ -3.6%
1920 112.65 million constant 2022 US$ -4.2%
1921 157.72 million constant 2022 US$ +40.0%
1922 191.08 million constant 2022 US$ +21.1%
1923 189.12 million constant 2022 US$ -1.0%
1924 189.15 million constant 2022 US$ +0.0%
1925 214.49 million constant 2022 US$ +13.4%
1926 222.67 million constant 2022 US$ +3.8%
1927 235.09 million constant 2022 US$ +5.6%
1928 243.81 million constant 2022 US$ +3.7%
1929 246.29 million constant 2022 US$ +1.0%
1930 267.00 million constant 2022 US$ +8.4%
1931 264.98 million constant 2022 US$ -0.8%
1932 303.71 million constant 2022 US$ +14.6%
1933 321.40 million constant 2022 US$ +5.8%
1934 438.29 million constant 2022 US$ +36.4%
1935 488.74 million constant 2022 US$ +11.5%
1936 488.86 million constant 2022 US$ +0.0%
1937 480.45 million constant 2022 US$ -1.7%
1938 562.87 million constant 2022 US$ +17.2%
1939 654.10 million constant 2022 US$ +16.2%
1940 778.63 million constant 2022 US$ +19.0%
1941 873.10 million constant 2022 US$ +12.1%
1942 895.61 million constant 2022 US$ +2.6%
1943 945.74 million constant 2022 US$ +5.6%
1944 1.03 billion constant 2022 US$ +8.6%
1945 1.18 billion constant 2022 US$ +14.9%
1946 1.07 billion constant 2022 US$ -9.0%
1947 1.01 billion constant 2022 US$ -6.0%
1948 995.15 million constant 2022 US$ -1.5%
1949 1.31 billion constant 2022 US$ +31.5%
1950 1.28 billion constant 2022 US$ -1.8%
1951 1.44 billion constant 2022 US$ +11.7%
1952 1.79 billion constant 2022 US$ +25.0%
1953 1.70 billion constant 2022 US$ -5.1%
1954 1.60 billion constant 2022 US$ -6.1%
1955 1.53 billion constant 2022 US$ -4.0%
1956 1.70 billion constant 2022 US$ +10.6%
1957 1.92 billion constant 2022 US$ +13.0%
1958 2.02 billion constant 2022 US$ +5.3%
1959 1.87 billion constant 2022 US$ -7.2%
1960 1.84 billion constant 2022 US$ -1.5%
1961 2.05 billion constant 2022 US$ +11.2%
1962 2.25 billion constant 2022 US$ +9.8%
1963 2.46 billion constant 2022 US$ +9.0%
1964 2.77 billion constant 2022 US$ +12.9%
1965 2.93 billion constant 2022 US$ +5.6%
1966 3.10 billion constant 2022 US$ +5.7%
1967 3.33 billion constant 2022 US$ +7.6%
1968 3.29 billion constant 2022 US$ -1.4%
1969 3.32 billion constant 2022 US$ +1.0%
1970 3.43 billion constant 2022 US$ +3.4%
1971 3.66 billion constant 2022 US$ +6.6%
1972 3.93 billion constant 2022 US$ +7.5%
1973 4.01 billion constant 2022 US$ +2.0%
1974 4.15 billion constant 2022 US$ +3.6%
1975 4.18 billion constant 2022 US$ +0.5%
1976 4.56 billion constant 2022 US$ +9.1%
1977 4.48 billion constant 2022 US$ -1.6%
1978 5.10 billion constant 2022 US$ +13.8%
1979 5.54 billion constant 2022 US$ +8.5%
1980 5.21 billion constant 2022 US$ -5.9%
1981 4.79 billion constant 2022 US$ -8.2%
1982 5.29 billion constant 2022 US$ +10.4%
1983 5.49 billion constant 2022 US$ +3.9%
1984 5.57 billion constant 2022 US$ +1.3%
1985 5.70 billion constant 2022 US$ +2.4%
1986 6.73 billion constant 2022 US$ +18.1%
1987 6.92 billion constant 2022 US$ +2.8%
1988 7.32 billion constant 2022 US$ +5.8%
1989 7.24 billion constant 2022 US$ -1.1%
1990 7.13 billion constant 2022 US$ -1.5%
1991 7.20 billion constant 2022 US$ +0.9%
1992 7.13 billion constant 2022 US$ -1.0%
1993 6.94 billion constant 2022 US$ -2.7%
1994 6.97 billion constant 2022 US$ +0.5%
1995 7.28 billion constant 2022 US$ +4.4%
1996 6.90 billion constant 2022 US$ -5.2%
1997 6.26 billion constant 2022 US$ -9.3%
1998 5.63 billion constant 2022 US$ -10.1%
1999 5.12 billion constant 2022 US$ -9.0%
2000 4.99 billion constant 2022 US$ -2.6%
2001 4.81 billion constant 2022 US$ -3.6%
2002 4.82 billion constant 2022 US$ +0.2%
2003 5.08 billion constant 2022 US$ +5.4%
2004 5.32 billion constant 2022 US$ +4.8%
2005 4.75 billion constant 2022 US$ -10.7%
2006 4.74 billion constant 2022 US$ -0.3%
2007 4.66 billion constant 2022 US$ -1.6%
2008 4.96 billion constant 2022 US$ +6.4%
2009 4.99 billion constant 2022 US$ +0.5%
2010 5.04 billion constant 2022 US$ +1.1%
2011 5.60 billion constant 2022 US$ +11.1%
2012 5.62 billion constant 2022 US$ +0.3%
2013 5.66 billion constant 2022 US$ +0.8%
2014 5.60 billion constant 2022 US$ -1.1%
2015 5.59 billion constant 2022 US$ -0.1%
2016 5.41 billion constant 2022 US$ -3.2%
2017 6.01 billion constant 2022 US$ +11.1%
2018 6.02 billion constant 2022 US$ +0.1%
2019 6.84 billion constant 2022 US$ +13.6%
2020 7.02 billion constant 2022 US$ +2.7%
2021 6.94 billion constant 2022 US$ -1.2%
2022 6.98 billion constant 2022 US$ +0.6%
2023 7.40 billion constant 2022 US$ +6.1%

Switzerland compared with similar countries

  • Switzerland's 7.40 billion constant 2022 US$ is above the median for high income countries, which is 6.50 billion constant 2022 US$, 1.1× the median. (55 countries reporting)
  • Switzerland's 7.40 billion constant 2022 US$ is above the median for Europe & Central Asia, which is 2.44 billion constant 2022 US$, 3.0× the median. (48 countries reporting)

Biggest year-on-year movements

Years where Military spending in Switzerland 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
1875 +112.3% 19.32 million constant 2022 US$ 41.02 million constant 2022 US$
1914 -46.1% 170.53 million constant 2022 US$ 91.96 million constant 2022 US$

Averages by decade

DecadeAverage LowestHighest Years
1810s 15.88 million constant 2022 US$ 14.75 million constant 2022 US$ 18.25 million constant 2022 US$ 4
1820s 15.78 million constant 2022 US$ 14.86 million constant 2022 US$ 16.76 million constant 2022 US$ 10
1830s 14.20 million constant 2022 US$ 11.98 million constant 2022 US$ 17.12 million constant 2022 US$ 10
1840s 11.76 million constant 2022 US$ 10.34 million constant 2022 US$ 12.96 million constant 2022 US$ 10
1850s 10.00 million constant 2022 US$ 8.01 million constant 2022 US$ 17.21 million constant 2022 US$ 10
1860s 15.89 million constant 2022 US$ 11.45 million constant 2022 US$ 19.37 million constant 2022 US$ 10
1870s 36.35 million constant 2022 US$ 10.24 million constant 2022 US$ 68.14 million constant 2022 US$ 10
1880s 83.29 million constant 2022 US$ 62.65 million constant 2022 US$ 116.67 million constant 2022 US$ 10
1890s 137.83 million constant 2022 US$ 130.58 million constant 2022 US$ 145.22 million constant 2022 US$ 10
1900s 161.98 million constant 2022 US$ 143.03 million constant 2022 US$ 194.41 million constant 2022 US$ 10
1910s 137.67 million constant 2022 US$ 91.96 million constant 2022 US$ 187.15 million constant 2022 US$ 10
1920s 200.21 million constant 2022 US$ 112.65 million constant 2022 US$ 246.29 million constant 2022 US$ 10
1930s 427.04 million constant 2022 US$ 264.98 million constant 2022 US$ 654.10 million constant 2022 US$ 10
1940s 1.01 billion constant 2022 US$ 778.63 million constant 2022 US$ 1.31 billion constant 2022 US$ 10
1950s 1.69 billion constant 2022 US$ 1.28 billion constant 2022 US$ 2.02 billion constant 2022 US$ 10
1960s 2.73 billion constant 2022 US$ 1.84 billion constant 2022 US$ 3.33 billion constant 2022 US$ 10
1970s 4.30 billion constant 2022 US$ 3.43 billion constant 2022 US$ 5.54 billion constant 2022 US$ 10
1980s 6.03 billion constant 2022 US$ 4.79 billion constant 2022 US$ 7.32 billion constant 2022 US$ 10
1990s 6.66 billion constant 2022 US$ 5.12 billion constant 2022 US$ 7.28 billion constant 2022 US$ 10
2000s 4.91 billion constant 2022 US$ 4.66 billion constant 2022 US$ 5.32 billion constant 2022 US$ 10
2010s 5.74 billion constant 2022 US$ 5.04 billion constant 2022 US$ 6.84 billion constant 2022 US$ 10
2020s 7.08 billion constant 2022 US$ 6.94 billion constant 2022 US$ 7.40 billion constant 2022 US$ 4

Countries ranked near Switzerland

  1. 36 Denmark 8.01 billion constant 2022 US$ compare
  2. 37 Thailand 7.79 billion constant 2022 US$ compare
  3. 38 Oman 7.65 billion constant 2022 US$ compare
  4. 40 Vietnam 6.74 billion constant 2022 US$ compare
  5. 41 Finland 6.73 billion constant 2022 US$ compare
  6. 42 Romania 6.50 billion constant 2022 US$ compare

See the full ranking of 172 places →

More reference data data for Switzerland

All data for Switzerland →

Frequently asked questions

What is military spending in Switzerland?
Military spending in Switzerland was 7.40 billion constant 2022 US$ in 2023, according to Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data.
What is the highest military spending recorded in Switzerland?
The highest recorded value was 7.40 billion constant 2022 US$ in 2023.
What is the lowest military spending recorded in Switzerland?
The lowest recorded value was 8.01 million constant 2022 US$ in 1853.
How does Switzerland rank for military spending?
Switzerland ranks 39th out of 172 countries with data for 2023.
Is military spending rising or falling in Switzerland?
Over the last ten years it is up 30.8%. The long-run trend across the full record is volatile.
Where does this Switzerland data come from?
The figures come from Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.

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Military spending in Switzerland. 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/stat/military-spending-gmsd/switzerland/

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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.