Military spending per armed forces personnel in Sweden
Sweden: Military spending per armed forces personnel was 450,217 constant 2024 US$ in 2020. ◆ Volatile
Military spending per armed forces personnel in Sweden, 1985–2020
Source: Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data. Measured in constant 2024 US$.
Analysis
In 2020, military spending per armed forces personnel in Sweden stood at 450,217 constant 2024 US$. That is the highest value across all 33 years on record.
The figure is up 4.1% on the previous year and up 72.9% over ten years.
Over the whole period, military spending per armed forces personnel in Sweden peaked at 450,217 constant 2024 US$ in 2020 and was at its lowest, 63,235 constant 2024 US$, in 1995.
That places Sweden 5th out of 160 countries with data for 2020, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Military spending per armed forces personnel in Sweden, year by year
| Year | constant 2024 US$ | Change |
|---|---|---|
| 1985 | 93,481 constant 2024 US$ | — |
| 1989 | 109,247 constant 2024 US$ | +16.9% |
| 1990 | 106,158 constant 2024 US$ | -2.8% |
| 1991 | 103,182 constant 2024 US$ | -2.8% |
| 1992 | 90,234 constant 2024 US$ | -12.5% |
| 1993 | 89,970 constant 2024 US$ | -0.3% |
| 1994 | 89,767 constant 2024 US$ | -0.2% |
| 1995 | 63,235 constant 2024 US$ | -29.6% |
| 1996 | 64,933 constant 2024 US$ | +2.7% |
| 1997 | 68,008 constant 2024 US$ | +4.7% |
| 1998 | 70,233 constant 2024 US$ | +3.3% |
| 1999 | 72,891 constant 2024 US$ | +3.8% |
| 2000 | 74,857 constant 2024 US$ | +2.7% |
| 2001 | 90,241 constant 2024 US$ | +20.6% |
| 2002 | 87,841 constant 2024 US$ | -2.7% |
| 2003 | 95,894 constant 2024 US$ | +9.2% |
| 2004 | 206,651 constant 2024 US$ | +115.5% |
| 2005 | 202,018 constant 2024 US$ | -2.2% |
| 2006 | 231,209 constant 2024 US$ | +14.4% |
| 2007 | 331,640 constant 2024 US$ | +43.4% |
| 2008 | 294,971 constant 2024 US$ | -11.1% |
| 2009 | 232,798 constant 2024 US$ | -21.1% |
| 2010 | 260,357 constant 2024 US$ | +11.8% |
| 2011 | 243,230 constant 2024 US$ | -6.6% |
| 2012 | 328,515 constant 2024 US$ | +35.1% |
| 2013 | 330,424 constant 2024 US$ | +0.6% |
| 2014 | 184,490 constant 2024 US$ | -44.2% |
| 2015 | 186,472 constant 2024 US$ | +1.1% |
| 2016 | 188,934 constant 2024 US$ | +1.3% |
| 2017 | 192,389 constant 2024 US$ | +1.8% |
| 2018 | 393,543 constant 2024 US$ | +104.6% |
| 2019 | 432,610 constant 2024 US$ | +9.9% |
| 2020 | 450,217 constant 2024 US$ | +4.1% |
Sweden compared with similar countries
- Sweden's 450,217 constant 2024 US$ is above the median for high income countries, which is 131,220 constant 2024 US$, 3.4× the median. (54 countries reporting)
- Sweden's 450,217 constant 2024 US$ is above the median for Europe & Central Asia, which is 55,593 constant 2024 US$, 8.1× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Military spending per armed forces personnel in Sweden changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2004 | +115.5% | 95,894 constant 2024 US$ | 206,651 constant 2024 US$ |
| 2018 | +104.6% | 192,389 constant 2024 US$ | 393,543 constant 2024 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 101,364 constant 2024 US$ | 93,481 constant 2024 US$ | 109,247 constant 2024 US$ | 2 |
| 1990s | 81,861 constant 2024 US$ | 63,235 constant 2024 US$ | 106,158 constant 2024 US$ | 10 |
| 2000s | 184,812 constant 2024 US$ | 74,857 constant 2024 US$ | 331,640 constant 2024 US$ | 10 |
| 2010s | 274,096 constant 2024 US$ | 184,490 constant 2024 US$ | 432,610 constant 2024 US$ | 10 |
| 2020s | 450,217 constant 2024 US$ | 450,217 constant 2024 US$ | 450,217 constant 2024 US$ | 1 |
Countries ranked near Sweden
- 2 Yemen 615,959 constant 2024 US$ compare
- 3 Australia 521,125 constant 2024 US$ compare
- 4 United Kingdom 463,783 constant 2024 US$ compare
- 6 United Arab Emirates 441,390 constant 2024 US$ compare
- 7 Luxembourg 398,108 constant 2024 US$ compare
- 8 Canada 374,715 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 per armed forces personnel in Sweden?
- Military spending per armed forces personnel in Sweden was 450,217 constant 2024 US$ in 2020, according to Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data.
- What is the highest military spending per armed forces personnel recorded in Sweden?
- The highest recorded value was 450,217 constant 2024 US$ in 2020.
- What is the lowest military spending per armed forces personnel recorded in Sweden?
- The lowest recorded value was 63,235 constant 2024 US$ in 1995.
- How does Sweden rank for military spending per armed forces personnel?
- Sweden ranks 5th out of 160 countries with data for 2020.
- Is military spending per armed forces personnel rising or falling in Sweden?
- Over the last ten years it is up 72.9%. The long-run trend across the full record is volatile.
- Where does this Sweden data come from?
- The figures come from Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data, published as part of Military spending per armed forces personnel. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total military expenditure divided by armed forces personnel. 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.