Military Expenditure (As % of GDP) fell to 1.04% in Sweden in 2016

Military Expenditure (As % of GDP) (%)
Military & Defense | Sweden | July 14, 2018
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Military expenditure as a share of GDP reached 1.04 % in 2016 in Sweden, according to the SIPRI Military Expenditure Database. This is 4.16 % less than in the previous year.

Historically, military expenditure as a share of GDP in Sweden reached an all time high of 3.68 % in 1963 and an all time low of 1.04 % in 2016. When compared to Sweden's main peers, military expenditure as a share of GDP in Denmark amounted to 1.15 %, 1.37 % in Finland, 1.62 % in Norway and 5.40 % in Russia in 2016.

Sweden has been ranked 101st within the group of 137 countries we follow in terms of military expenditure as a share of GDP.

Military expenditure is derived from the NATO definition, which includes all current and capital expenditure on the armed forces, including peacekeeping forces, defence ministries and other government agencies engaged in defence projects, paramilitary forces, if these are judged to be trained and equipped for military operations, and military space activities.

Military Expenditure (As % of GDP) Unit 2010 2011 2012 2013 2014 2015 2016 2017
Australia % 1.77% 1.68% 1.65% 1.78% 1.96%
China % 1.82% 1.84% 1.87% 1.92% 1.93%
Denmark % 1.31% 1.35% 1.23% 1.15% 1.12%
Finland % 1.50% 1.54% 1.54% 1.46% 1.46%
Germany % 1.28% 1.31% 1.22% 1.18% 1.18%
Iceland % 0.133% 0.123% ... ... ... ... ...
Indonesia % 0.654% 0.712% 0.919% 0.778% 0.886%
Japan % 0.987% 0.967% 0.951% 0.967% 0.961%
Netherlands % 1.30% 1.25% 1.18% 1.17% 1.14%
New Zealand % 1.23% 1.19% 1.12% 1.14% 1.11%
Norway % 1.45% 1.40% 1.41% 1.47% 1.50%
Papua New Guinea % 0.536% 0.781% 0.743% 0.734% 0.712%
Russia % 3.46% 3.75% 3.94% 4.10% 4.85%
Sweden % 1.12% 1.15% 1.13% 1.14% 1.08%
USA % 4.58% 4.24% 3.83% 3.50% 3.29%