Sweden—Military Spending (% of govt expenditure)
Category: MilitarySource: World Bank World Development Indicators ↗Global Rank: #98 of 151Updated April 2026
Latest Value
4.1%
2024
YoY Change
+30.1%
2023 → 2024
Global Rank
#98
of 151 countries
Maximum
4.1%
2024
Minimum
2.1%
2018
CAGR
+0.7%
25 years
Last
4.1%
Previous
3.2%
Highest
4.1%
Lowest
2.1%
Source
World Bank World Development Indicators
Sweden's military spending (% of govt expenditure) was 4.1% in 2024, ranking #98 out of 151 countries. This represents a +30.1% change from 2023. Over the past 25 years, the highest recorded value was 4.1% (2024) and the lowest was 2.1% (2018). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 4.1% | +30.1% |
| 2023 | 3.2% | +12.9% |
| 2022 | 2.8% | +13.8% |
| 2021 | 2.5% | +9.7% |
| 2020 | 2.2% | -1.2% |
| 2019 | 2.3% | +7.4% |
| 2018 | 2.1% | -0.2% |
| 2017 | 2.1% | -1.8% |
| 2016 | 2.2% | -2.0% |
| 2015 | 2.2% | -2.8% |
| 2014 | 2.3% | +3.2% |
| 2013 | 2.2% | -2.9% |
| 2012 | 2.3% | +0.1% |
| 2011 | 2.3% | -5.9% |
| 2010 | 2.4% | +6.5% |
| 2009 | 2.3% | -4.9% |
| 2008 | 2.4% | -11.7% |
| 2007 | 2.7% | +2.2% |
| 2006 | 2.6% | -4.1% |
| 2005 | 2.7% | -1.4% |
| 2004 | 2.8% | -7.4% |
| 2003 | 3.0% | -3.0% |
| 2002 | 3.1% | -9.4% |
| 2001 | 3.4% | -1.5% |
| 2000 | 3.5% |
Top Countries — Military Spending (% of govt expenditure)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Ukraine | 54.0% | 2024 |
| 2 | Belarus | 50.7% | 2024 |
| 3 | Myanmar | 29.1% | 2024 |
| 4 | Qatar | 26.9% | 2022 |
| 5 | Saudi Arabia | 22.3% | 2024 |
| 6 | Somalia, Fed. Rep. | 21.6% | 2024 |
| 7 | Algeria | 21.4% | 2024 |
| 8 | Oman | 20.1% | 2024 |
| 9 | Singapore | 20.1% | 2024 |
| 10 | Israel | 20.0% | 2024 |