Military spending sipri in Sweden

Sweden: Military spending sipri was 14.95 billion in 2025. ▲ Rising

Latest (2025)
14.95 billion
Change on year
up 24.1%
World rank
28th
of 162 countries
All-time high
14.95 billion
in 2025
All-time low
3.84 billion
in 1960
Years of data
66
1960–2025

Military spending sipri in Sweden, 1960–2025

5.0B7.5B10.0B12.5B15.0B196019922025

Source: Our World in Data.

Analysis

Sweden recorded 14.95 billion for military spending sipri in 2025. 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 sipri in Sweden peaked at 14.95 billion in 2025 and was at its lowest, 3.84 billion, 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 sipri in Sweden, year by year

Annual values for Military spending sipri in Sweden, 1960 to 2025.
Year Value Change
1960 3.84 billion —
1961 4.03 billion +4.9%
1962 4.33 billion +7.5%
1963 4.62 billion +6.6%
1964 4.86 billion +5.1%
1965 5.15 billion +6.0%
1966 5.20 billion +0.9%
1967 5.07 billion -2.5%
1968 5.07 billion +0.1%
1969 5.34 billion +5.3%
1970 5.48 billion +2.7%
1971 5.61 billion +2.2%
1972 5.78 billion +3.2%
1973 5.80 billion +0.3%
1974 5.85 billion +0.8%
1975 6.00 billion +2.5%
1976 5.99 billion -0.1%
1977 6.04 billion +0.7%
1978 6.21 billion +2.9%
1979 6.45 billion +3.7%
1980 6.30 billion -2.3%
1981 6.19 billion -1.7%
1982 6.04 billion -2.4%
1983 5.97 billion -1.1%
1984 6.05 billion +1.4%
1985 6.14 billion +1.5%
1986 6.24 billion +1.7%
1987 6.66 billion +6.7%
1988 6.69 billion +0.5%
1989 6.77 billion +1.2%
1990 6.90 billion +1.9%
1991 6.50 billion -5.8%
1992 6.32 billion -2.8%
1993 6.30 billion -0.3%
1994 6.28 billion -0.2%
1995 6.30 billion +0.2%
1996 6.38 billion +1.2%
1997 6.05 billion -5.1%
1998 6.23 billion +3.0%
1999 6.47 billion +3.8%
2000 6.61 billion +2.2%
2001 6.27 billion -5.1%
2002 6.10 billion -2.7%
2003 6.06 billion -0.7%
2004 5.70 billion -5.9%
2005 5.78 billion +1.3%
2006 5.69 billion -1.6%
2007 5.84 billion +2.6%
2008 5.19 billion -11.1%
2009 5.09 billion -1.9%
2010 5.51 billion +8.2%
2011 5.18 billion -6.0%
2012 5.29 billion +2.1%
2013 5.32 billion +0.6%
2014 5.64 billion +5.9%
2015 5.70 billion +1.1%
2016 5.77 billion +1.3%
2017 5.77 billion -0.0%
2018 5.96 billion +3.3%
2019 6.49 billion +8.8%
2020 6.75 billion +4.1%
2021 7.44 billion +10.2%
2022 8.25 billion +10.8%
2023 9.07 billion +10.0%
2024 12.05 billion +32.8%
2025 14.95 billion +24.1%

Sweden compared with similar countries

  • Sweden's 14.95 billion is above the median for high income countries, which is 6.82 billion, 2.2× the median. (54 countries reporting)
  • Sweden's 14.95 billion is above the median for Europe & Central Asia, which is 2.80 billion, 5.3× the median. (48 countries reporting)

Biggest year-on-year movements

Years where Military spending sipri 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.

YearChange FromTo
2024 +32.8% 9.07 billion 12.05 billion

Averages by decade

DecadeAverage LowestHighest Years
1960s 4.75 billion 3.84 billion 5.34 billion 10
1970s 5.92 billion 5.48 billion 6.45 billion 10
1980s 6.31 billion 5.97 billion 6.77 billion 10
1990s 6.37 billion 6.05 billion 6.90 billion 10
2000s 5.83 billion 5.09 billion 6.61 billion 10
2010s 5.66 billion 5.18 billion 6.49 billion 10
2020s 9.75 billion 6.75 billion 14.95 billion 6

Countries ranked near Sweden

  1. 25 Norway 16.09 billion compare
  2. 26 Qatar 16.08 billion compare
  3. 27 Indonesia 15.33 billion compare
  4. 29 Denmark 14.08 billion compare
  5. 30 Mexico 13.78 billion compare
  6. 31 Colombia 13.74 billion compare

See the full ranking of 162 places →

More reference data data for Sweden

All data for Sweden →

Frequently asked questions

What is military spending sipri in Sweden?
Military spending sipri in Sweden was 14.95 billion in 2025, according to Our World in Data.
What is the highest military spending sipri recorded in Sweden?
The highest recorded value was 14.95 billion in 2025.
What is the lowest military spending sipri recorded in Sweden?
The lowest recorded value was 3.84 billion in 1960.
How does Sweden rank for military spending sipri?
Sweden ranks 28th out of 162 countries with data for 2025.
Is military spending sipri 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 Our World in Data, published as part of Military spending sipri. Statizoid updates them automatically from the source API.

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Military spending sipri in Sweden. Statizoid, drawing on Our World in Data. Retrieved 13 November 2026, from https://reference.statizoid.com/stat/military-spending-sipri/sweden/

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About this data

Indicator
Military spending sipri
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
162 places, 8,341 data points, 1949–2025
Last refreshed