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Military Expenditure (Local Currency) in Sweden

Source: World Bank
Last Updated: October 23, 2023

Military expenditure in local currency reached SEK 78.1 bil in 2022 in Sweden, according to the SIPRI Military Expenditure Database. This is 20.1% more than in the previous year.

Historically, military expenditure in local currency in Sweden reached an all time high of SEK 78.1 bil in 2022 and an all time low of SEK 2.73 bil in 1960.

Sweden has been ranked 61st within the group of 150 countries we follow in terms of military expenditure in local currency.

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