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Sweden Military Spending

Military expenditure as % of GDP  MS.MIL.XPND.GD.ZS

2.04% +0.04% (+1.9%)
Year 2025 Rank #55 Global Peak 3.97% (1963) Source World Bank

Sweden Military Spending (1960–2025)

Overview

Sweden's military spending stood at 2.04% in 2025, a rise of +0.04% from 2024. Based on recent trends, this figure is projected to reach 2.04% by 2025. Sweden ranked 55th globally.

Data & projection

Year Military Spending YoY change Rank
2027* trend 2.44% - -
2026* trend 2.24% - -
2025* trend 2.04% - -
2025 2.04% +0.04% #55
2024 2.00% +0.50% #90
2023 1.50% +0.17% #71
2022 1.33% +0.14% #62
2021 1.19% +0.04% #52
2020 1.15% +0.05% #46
2019 1.10% +0.06% #44
2018 1.04% +0.01% #43
2017 1.03% −0.02% #43
2016 1.06% −0.02% #47
2015 1.07% −0.06% #48
2014 1.13% +0.02% #59
2013 1.12% −0.02% #58
2012 1.14% +0.03% #54
2011 1.11% −0.09% #48
Show all years (1960-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +10.8% GDP growth 3.2% C/A balance 8.1%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Sweden matched the Export Boom Cycle pattern in 2007. Historically, 71% of countries showing this pattern (546 out of 768) saw military spending improve within 24 months. View full analysis →

Germany's military reawakening reflects a broader European trend towards increased defense spending and modernization. As a new NATO member, Sweden's current military spending of 2.04% of GDP already exceeds the alliance's 2% target, aligning with this regional emphasis on strengthening collective security capabilities. This indicates Sweden's commitment within a changing European security landscape where key economies like Germany are also significantly increasing their defense posture.

Frequently Asked Questions

What is Sweden's military spending?

Sweden's military spending was 2.04% in 2025. Ranked 55th globally. This represents a 1.9% increase from the previous year.

What was the highest military spending in Sweden?

Sweden's military spending peaked at 3.97% in 1963.

What was the lowest military spending in Sweden?

The lowest military spending in Sweden was 1.03% in 2017.

How does Sweden rank in military spending?

Sweden ranks 55th globally in military spending as of 2025.

What is the World Bank indicator code for military spending?

The World Bank indicator code is MS.MIL.XPND.GD.ZS. Data sourced from World Bank.

What is the projected military spending of Sweden in 2025?

Sweden's military spending is projected to reach 2.04% by 2025 based on trend extrapolation.

What is the military spending of Sweden in 2025?

The military spending of Sweden in 2025 was 2.04%. This ranks 55th in the world.

Cite this page

APA
Sweden Military Spending. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/sweden/military-spending
BibTeX
@misc{historysaid_sweden_military-spending, title = {Sweden Military Spending}, url = {https://historysaid.com/sweden/military-spending}, publisher = {HistorySaid}, year = {2026} }

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