Sweden
Military Spending Profile
#26
Global Rank
$11.7B
2024 Spending
0.5%
of World Spending
2%
of GDP
Military Spending Over Time
Constant 2023 USD (billions)
Military Spending as % of GDP
10-Year Trend
+113.1%
Military spending has increased over the past decade
Peak Spending
$11.7B
in 2024 (constant 2023 USD)