Military spending, per unit of GDP in Sweden

Sweden: Military spending, per unit of GDP was 0.0224 constant 2024 US$ per US$ of GDP in 2025. ◆ Volatile

Latest (2025)
0.0224 constant 2024 US$ per US$ of GDP
Change on year
up 12.2%
World rank
51st
of 160 countries
All-time high
0.2411 constant 2024 US$ per US$ of GDP
in 1960
All-time low
0.0091 constant 2024 US$ per US$ of GDP
in 2011
Years of data
66
1960–2025

Military spending, per unit of GDP in Sweden, 1960–2025

00.050.10.150.20.25196019922025

Source: Statizoid (derived). Measured in constant 2024 US$ per US$ of GDP.

Analysis

The most recent figure for military spending, per unit of gdp in Sweden is 0.0224 constant 2024 US$ per US$ of GDP, measured in 2025.

Compared with earlier readings it is up 12.2% on the previous year and up 96.8% over ten years.

Over the whole period, military spending, per unit of gdp in Sweden peaked at 0.2411 constant 2024 US$ per US$ of GDP in 1960 and was at its lowest, 0.0091 constant 2024 US$ per US$ of GDP, in 2011.

Sweden ranks 51st of 160 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, per unit of GDP in Sweden, year by year

Annual values for Military spending, per unit of GDP in Sweden, 1960 to 2025.
Year constant 2024 US$ per US$ of GDP Change
1960 0.2411 constant 2024 US$ per US$ of GDP
1961 0.2325 constant 2024 US$ per US$ of GDP -3.5%
1962 0.2306 constant 2024 US$ per US$ of GDP -0.8%
1963 0.2272 constant 2024 US$ per US$ of GDP -1.5%
1964 0.2142 constant 2024 US$ per US$ of GDP -5.7%
1965 0.2063 constant 2024 US$ per US$ of GDP -3.7%
1966 0.1914 constant 2024 US$ per US$ of GDP -7.2%
1967 0.1719 constant 2024 US$ per US$ of GDP -10.2%
1968 0.1622 constant 2024 US$ per US$ of GDP -5.7%
1969 0.1572 constant 2024 US$ per US$ of GDP -3.1%
1970 0.1442 constant 2024 US$ per US$ of GDP -8.3%
1971 0.1351 constant 2024 US$ per US$ of GDP -6.3%
1972 0.1183 constant 2024 US$ per US$ of GDP -12.4%
1973 0.0978 constant 2024 US$ per US$ of GDP -17.3%
1974 0.0887 constant 2024 US$ per US$ of GDP -9.3%
1975 0.0724 constant 2024 US$ per US$ of GDP -18.3%
1976 0.0672 constant 2024 US$ per US$ of GDP -7.3%
1977 0.064 constant 2024 US$ per US$ of GDP -4.7%
1978 0.0596 constant 2024 US$ per US$ of GDP -6.9%
1979 0.0523 constant 2024 US$ per US$ of GDP -12.2%
1980 0.0444 constant 2024 US$ per US$ of GDP -15.2%
1981 0.0478 constant 2024 US$ per US$ of GDP +7.7%
1982 0.0529 constant 2024 US$ per US$ of GDP +10.6%
1983 0.0569 constant 2024 US$ per US$ of GDP +7.7%
1984 0.0555 constant 2024 US$ per US$ of GDP -2.5%
1985 0.0539 constant 2024 US$ per US$ of GDP -2.9%
1986 0.0415 constant 2024 US$ per US$ of GDP -22.9%
1987 0.0365 constant 2024 US$ per US$ of GDP -12.3%
1988 0.0324 constant 2024 US$ per US$ of GDP -11.1%
1989 0.0311 constant 2024 US$ per US$ of GDP -3.9%
1990 0.0264 constant 2024 US$ per US$ of GDP -15.2%
1991 0.0237 constant 2024 US$ per US$ of GDP -10.0%
1992 0.0222 constant 2024 US$ per US$ of GDP -6.3%
1993 0.0296 constant 2024 US$ per US$ of GDP +33.1%
1994 0.0275 constant 2024 US$ per US$ of GDP -7.2%
1995 0.0236 constant 2024 US$ per US$ of GDP -14.2%
1996 0.0218 constant 2024 US$ per US$ of GDP -7.4%
1997 0.0226 constant 2024 US$ per US$ of GDP +3.3%
1998 0.023 constant 2024 US$ per US$ of GDP +2.0%
1999 0.0236 constant 2024 US$ per US$ of GDP +2.5%
2000 0.0251 constant 2024 US$ per US$ of GDP +6.7%
2001 0.0259 constant 2024 US$ per US$ of GDP +2.9%
2002 0.0228 constant 2024 US$ per US$ of GDP -11.7%
2003 0.0181 constant 2024 US$ per US$ of GDP -20.5%
2004 0.0148 constant 2024 US$ per US$ of GDP -18.2%
2005 0.0148 constant 2024 US$ per US$ of GDP -0.5%
2006 0.0135 constant 2024 US$ per US$ of GDP -8.7%
2007 0.0119 constant 2024 US$ per US$ of GDP -11.5%
2008 0.0101 constant 2024 US$ per US$ of GDP -15.3%
2009 0.0117 constant 2024 US$ per US$ of GDP +16.2%
2010 0.0112 constant 2024 US$ per US$ of GDP -4.6%
2011 0.0091 constant 2024 US$ per US$ of GDP -18.8%
2012 0.0096 constant 2024 US$ per US$ of GDP +6.0%
2013 0.0091 constant 2024 US$ per US$ of GDP -5.3%
2014 0.0098 constant 2024 US$ per US$ of GDP +7.1%
2015 0.0114 constant 2024 US$ per US$ of GDP +16.4%
2016 0.0113 constant 2024 US$ per US$ of GDP -0.9%
2017 0.0108 constant 2024 US$ per US$ of GDP -4.1%
2018 0.0108 constant 2024 US$ per US$ of GDP +0.6%
2019 0.0122 constant 2024 US$ per US$ of GDP +12.7%
2020 0.0124 constant 2024 US$ per US$ of GDP +1.5%
2021 0.0118 constant 2024 US$ per US$ of GDP -5.0%
2022 0.0143 constant 2024 US$ per US$ of GDP +21.7%
2023 0.0157 constant 2024 US$ per US$ of GDP +9.2%
2024 0.0199 constant 2024 US$ per US$ of GDP +27.1%
2025 0.0224 constant 2024 US$ per US$ of GDP +12.2%

Sweden compared with similar countries

  • Sweden's 0.0224 constant 2024 US$ per US$ of GDP is above the median for high income countries, which is 0.0197 constant 2024 US$ per US$ of GDP, 1.1× the median. (54 countries reporting)
  • Sweden's 0.0224 constant 2024 US$ per US$ of GDP is above the median for Europe & Central Asia, which is 0.019 constant 2024 US$ per US$ of GDP, 1.2× the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.2035 constant 2024 US$ per US$ of GDP 0.1572 constant 2024 US$ per US$ of GDP 0.2411 constant 2024 US$ per US$ of GDP 10
1970s 0.09 constant 2024 US$ per US$ of GDP 0.0523 constant 2024 US$ per US$ of GDP 0.1442 constant 2024 US$ per US$ of GDP 10
1980s 0.0453 constant 2024 US$ per US$ of GDP 0.0311 constant 2024 US$ per US$ of GDP 0.0569 constant 2024 US$ per US$ of GDP 10
1990s 0.0244 constant 2024 US$ per US$ of GDP 0.0218 constant 2024 US$ per US$ of GDP 0.0296 constant 2024 US$ per US$ of GDP 10
2000s 0.0169 constant 2024 US$ per US$ of GDP 0.0101 constant 2024 US$ per US$ of GDP 0.0259 constant 2024 US$ per US$ of GDP 10
2010s 0.0105 constant 2024 US$ per US$ of GDP 0.0091 constant 2024 US$ per US$ of GDP 0.0122 constant 2024 US$ per US$ of GDP 10
2020s 0.0161 constant 2024 US$ per US$ of GDP 0.0118 constant 2024 US$ per US$ of GDP 0.0224 constant 2024 US$ per US$ of GDP 6

Countries ranked near Sweden

  1. 48 India 0.0236 constant 2024 US$ per US$ of GDP compare
  2. 49 Tunisia 0.0235 constant 2024 US$ per US$ of GDP compare
  3. 50 Uruguay 0.0224 constant 2024 US$ per US$ of GDP compare
  4. 52 Central African Republic 0.0222 constant 2024 US$ per US$ of GDP compare
  5. 53 United Kingdom 0.022 constant 2024 US$ per US$ of GDP compare
  6. 54 Vietnam 0.0212 constant 2024 US$ per US$ of GDP compare

See the full ranking of 160 places →

More reference data data for Sweden

All data for Sweden →

Frequently asked questions

What is military spending, per unit of gdp in Sweden?
Military spending, per unit of gdp in Sweden was 0.0224 constant 2024 US$ per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest military spending, per unit of gdp recorded in Sweden?
The highest recorded value was 0.2411 constant 2024 US$ per US$ of GDP in 1960.
What is the lowest military spending, per unit of gdp recorded in Sweden?
The lowest recorded value was 0.0091 constant 2024 US$ per US$ of GDP in 2011.
How does Sweden rank for military spending, per unit of gdp?
Sweden ranks 51st out of 160 countries with data for 2025.
Is military spending, per unit of gdp rising or falling in Sweden?
Over the last ten years it is up 96.8%. 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.

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Military spending, per unit of GDP in Sweden. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-per-unit-of-gdp/sweden/

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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

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, per unit of GDP
Unit
constant 2024 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
160 places, 7,842 data points, 1960–2025
Last refreshed

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.