Military spending, per unit of GDP in Sweden
Sweden: Military spending, per unit of GDP was 0.0171 constant 2022 US$ per US$ of GDP in 2023. ◆ Volatile
Latest (2023)
0.0171 constant 2022 US$ per US$ of GDP
Change on year
up 2.6%
World rank
84th
of 170 countries
All-time high
0.263 constant 2022 US$ per US$ of GDP
in 1962
All-time low
0.0118 constant 2022 US$ per US$ of GDP
in 2011
Years of data
64
1960–2023
Military spending, per unit of GDP in Sweden, 1960–2023
Source: Statizoid (derived). Measured in constant 2022 US$ per US$ of GDP.
Analysis
The most recent figure for military spending, per unit of gdp in Sweden is 0.0171 constant 2022 US$ per US$ of GDP, measured in 2023.
Compared with earlier readings it is up 2.6% on the previous year and up 41.2% over ten years.
Over the whole period, military spending, per unit of gdp in Sweden peaked at 0.263 constant 2022 US$ per US$ of GDP in 1962 and was at its lowest, 0.0118 constant 2022 US$ per US$ of GDP, in 2011.
That places Sweden 84th out of 170 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Military spending, per unit of GDP in Sweden, year by year
| Year | constant 2022 US$ per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.261 constant 2022 US$ per US$ of GDP | — |
| 1961 | 0.2582 constant 2022 US$ per US$ of GDP | -1.1% |
| 1962 | 0.263 constant 2022 US$ per US$ of GDP | +1.8% |
| 1963 | 0.2583 constant 2022 US$ per US$ of GDP | -1.8% |
| 1964 | 0.2535 constant 2022 US$ per US$ of GDP | -1.9% |
| 1965 | 0.2494 constant 2022 US$ per US$ of GDP | -1.6% |
| 1966 | 0.2361 constant 2022 US$ per US$ of GDP | -5.3% |
| 1967 | 0.2232 constant 2022 US$ per US$ of GDP | -5.5% |
| 1968 | 0.2249 constant 2022 US$ per US$ of GDP | +0.8% |
| 1969 | 0.2035 constant 2022 US$ per US$ of GDP | -9.5% |
| 1970 | 0.1937 constant 2022 US$ per US$ of GDP | -4.8% |
| 1971 | 0.1867 constant 2022 US$ per US$ of GDP | -3.6% |
| 1972 | 0.1728 constant 2022 US$ per US$ of GDP | -7.4% |
| 1973 | 0.1448 constant 2022 US$ per US$ of GDP | -16.2% |
| 1974 | 0.1255 constant 2022 US$ per US$ of GDP | -13.4% |
| 1975 | 0.1078 constant 2022 US$ per US$ of GDP | -14.1% |
| 1976 | 0.0972 constant 2022 US$ per US$ of GDP | -9.9% |
| 1977 | 0.0967 constant 2022 US$ per US$ of GDP | -0.5% |
| 1978 | 0.0849 constant 2022 US$ per US$ of GDP | -12.2% |
| 1979 | 0.0739 constant 2022 US$ per US$ of GDP | -13.0% |
| 1980 | 0.0633 constant 2022 US$ per US$ of GDP | -14.3% |
| 1981 | 0.0646 constant 2022 US$ per US$ of GDP | +2.2% |
| 1982 | 0.0714 constant 2022 US$ per US$ of GDP | +10.5% |
| 1983 | 0.0715 constant 2022 US$ per US$ of GDP | +0.1% |
| 1984 | 0.0699 constant 2022 US$ per US$ of GDP | -2.2% |
| 1985 | 0.0689 constant 2022 US$ per US$ of GDP | -1.5% |
| 1986 | 0.0595 constant 2022 US$ per US$ of GDP | -13.6% |
| 1987 | 0.0492 constant 2022 US$ per US$ of GDP | -17.2% |
| 1988 | 0.0436 constant 2022 US$ per US$ of GDP | -11.5% |
| 1989 | 0.0399 constant 2022 US$ per US$ of GDP | -8.4% |
| 1990 | 0.035 constant 2022 US$ per US$ of GDP | -12.4% |
| 1991 | 0.0339 constant 2022 US$ per US$ of GDP | -3.1% |
| 1992 | 0.0327 constant 2022 US$ per US$ of GDP | -3.5% |
| 1993 | 0.0394 constant 2022 US$ per US$ of GDP | +20.3% |
| 1994 | 0.038 constant 2022 US$ per US$ of GDP | -3.6% |
| 1995 | 0.0326 constant 2022 US$ per US$ of GDP | -14.2% |
| 1996 | 0.0279 constant 2022 US$ per US$ of GDP | -14.2% |
| 1997 | 0.0316 constant 2022 US$ per US$ of GDP | +13.1% |
| 1998 | 0.0303 constant 2022 US$ per US$ of GDP | -4.3% |
| 1999 | 0.0276 constant 2022 US$ per US$ of GDP | -8.7% |
| 2000 | 0.0282 constant 2022 US$ per US$ of GDP | +2.2% |
| 2001 | 0.0291 constant 2022 US$ per US$ of GDP | +3.1% |
| 2002 | 0.027 constant 2022 US$ per US$ of GDP | -7.2% |
| 2003 | 0.022 constant 2022 US$ per US$ of GDP | -18.5% |
| 2004 | 0.02 constant 2022 US$ per US$ of GDP | -9.0% |
| 2005 | 0.019 constant 2022 US$ per US$ of GDP | -5.2% |
| 2006 | 0.0184 constant 2022 US$ per US$ of GDP | -3.0% |
| 2007 | 0.0158 constant 2022 US$ per US$ of GDP | -14.0% |
| 2008 | 0.0148 constant 2022 US$ per US$ of GDP | -6.6% |
| 2009 | 0.0151 constant 2022 US$ per US$ of GDP | +2.1% |
| 2010 | 0.0138 constant 2022 US$ per US$ of GDP | -8.8% |
| 2011 | 0.0118 constant 2022 US$ per US$ of GDP | -14.7% |
| 2012 | 0.0131 constant 2022 US$ per US$ of GDP | +11.4% |
| 2013 | 0.0121 constant 2022 US$ per US$ of GDP | -7.6% |
| 2014 | 0.0123 constant 2022 US$ per US$ of GDP | +1.4% |
| 2015 | 0.0134 constant 2022 US$ per US$ of GDP | +9.4% |
| 2016 | 0.0132 constant 2022 US$ per US$ of GDP | -1.8% |
| 2017 | 0.0134 constant 2022 US$ per US$ of GDP | +1.9% |
| 2018 | 0.0137 constant 2022 US$ per US$ of GDP | +2.1% |
| 2019 | 0.0155 constant 2022 US$ per US$ of GDP | +12.9% |
| 2020 | 0.0156 constant 2022 US$ per US$ of GDP | +0.9% |
| 2021 | 0.0144 constant 2022 US$ per US$ of GDP | -8.1% |
| 2022 | 0.0167 constant 2022 US$ per US$ of GDP | +16.0% |
| 2023 | 0.0171 constant 2022 US$ per US$ of GDP | +2.6% |
Sweden compared with similar countries
- Sweden's 0.0171 constant 2022 US$ per US$ of GDP is below the median for high income countries, which is 0.0189 constant 2022 US$ per US$ of GDP, 91% of the median. (55 countries reporting)
- Sweden's 0.0171 constant 2022 US$ per US$ of GDP is below the median for Europe & Central Asia, which is 0.0185 constant 2022 US$ per US$ of GDP, 92% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.2431 constant 2022 US$ per US$ of GDP | 0.2035 constant 2022 US$ per US$ of GDP | 0.263 constant 2022 US$ per US$ of GDP | 10 |
| 1970s | 0.1284 constant 2022 US$ per US$ of GDP | 0.0739 constant 2022 US$ per US$ of GDP | 0.1937 constant 2022 US$ per US$ of GDP | 10 |
| 1980s | 0.0602 constant 2022 US$ per US$ of GDP | 0.0399 constant 2022 US$ per US$ of GDP | 0.0715 constant 2022 US$ per US$ of GDP | 10 |
| 1990s | 0.0329 constant 2022 US$ per US$ of GDP | 0.0276 constant 2022 US$ per US$ of GDP | 0.0394 constant 2022 US$ per US$ of GDP | 10 |
| 2000s | 0.021 constant 2022 US$ per US$ of GDP | 0.0148 constant 2022 US$ per US$ of GDP | 0.0291 constant 2022 US$ per US$ of GDP | 10 |
| 2010s | 0.0132 constant 2022 US$ per US$ of GDP | 0.0118 constant 2022 US$ per US$ of GDP | 0.0155 constant 2022 US$ per US$ of GDP | 10 |
| 2020s | 0.0159 constant 2022 US$ per US$ of GDP | 0.0144 constant 2022 US$ per US$ of GDP | 0.0171 constant 2022 US$ per US$ of GDP | 4 |
Countries ranked near Sweden
- 81 Gabon 0.0177 constant 2022 US$ per US$ of GDP compare
- 82 North Macedonia 0.0174 constant 2022 US$ per US$ of GDP compare
- 83 Senegal 0.0172 constant 2022 US$ per US$ of GDP compare
- 85 Honduras 0.017 constant 2022 US$ per US$ of GDP compare
- 86 Angola 0.0167 constant 2022 US$ per US$ of GDP compare
- 87 Netherlands 0.0164 constant 2022 US$ per US$ of GDP 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 unit of gdp in Sweden?
- Military spending, per unit of gdp in Sweden was 0.0171 constant 2022 US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest military spending, per unit of gdp recorded in Sweden?
- The highest recorded value was 0.263 constant 2022 US$ per US$ of GDP in 1962.
- What is the lowest military spending, per unit of gdp recorded in Sweden?
- The lowest recorded value was 0.0118 constant 2022 US$ per US$ of GDP in 2011.
- How does Sweden rank for military spending, per unit of gdp?
- Sweden ranks 84th out of 170 countries with data for 2023.
- Is military spending, per unit of gdp rising or falling in Sweden?
- Over the last ten years it is up 41.2%. 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, per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Military spending ÷ GDP (current US$)
Computed from
- Military spending Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.