Military Expenditure in Sweden increased to 5733 USD Million in 2018 from 5527 USD Million in 2017.
Military Expenditure in Sweden averaged 5550.49 USD Million from 1960 until 2018, reaching an all time high of 6607 USD Million in 1990 and a record low of 3678 USD Million in 1960. Sweden Military Expenditure - values, historical data and charts - was last updated on October of 2020. source: SIPRI
Military Expenditure in Sweden is expected to reach 5525.72 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sweden Military Expenditure is projected to trend around 5544.76 USD Million in 2021 and 5555.73 USD Million in 2022, according to our econometric models.