(measure: percent; Source: Stockholm International Peace Research Institute)
* indicates monthly or quarterly data series
Sweden: Military spending, percent of GDP
, 1960 - 2019:
For that indicator, we provide data for Sweden from 1960 to 2019. The average value for Sweden during that period was 2.41 percent with a minimum of 1.02 percent in 2017 and a maximum of 3.97 percent in 1963.
The latest value from is percent. For comparison, the world average in based on
countries is 0.00 percent.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Definition: Military spending includes expenditure on peacekeeping, defense ministries, paramilitary forces, and military space activities. Also: military and civil personnel, including retirement pensions; operations and maintenance; procurement; military research and development; and military aid. Defense and current expenditure for past military activities, such as for veterans' benefits, demobilization, conversion, and weapon destruction, are not included.