Military Expenditure in Sweden increased to 6234 USD Million in 2020 from 5840 USD Million in 2019. source: SIPRI
Military Expenditure in Sweden averaged 5242.89 USD Million from 1960 until 2020, reaching an all time high of 6234 USD Million in 2020 and a record low of 3456 USD Million in 1960. Sweden Military Expenditure - values, historical data and charts - was last updated on August of 2022.
Military Expenditure in Sweden is expected to reach 5521.14 USD Million by the end of 2021, 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 2022 and 5555.73 USD Million in 2023, according to our econometric models.