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 July of 2021.

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.

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Sweden Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
6234.00 5840.00 6234.00 3456.00 1960 - 2020 USD Million Yearly
Constant 2019 prices

Sweden Government Last Previous Highest Lowest Unit
Government Debt to GDP 39.90 35.00 72.40 35.00 percent of GDP [+]
Government Budget -3.10 0.60 3.30 -7.00 percent of GDP [+]
Government Budget Value 36939.00 -16884.00 74259.00 -132567.00 SEK Million [+]
Government Spending 334500.00 333259.00 335764.00 212100.00 SEK Million [+]
Government Spending to GDP 52.90 49.30 70.50 49.20 percent of GDP [+]
Government Revenues 139590.00 74852.00 239766.00 2727.00 SEK Million [+]
Government Debt 1226638.00 1199631.00 1448859.00 11740.00 SEK Million [+]
Fiscal Expenditure 102651.00 91736.00 186201.00 7481.00 SEK Million [+]
Credit Rating 100.00 [+]
Military Expenditure 6234.00 5840.00 6234.00 3456.00 USD Million [+]
Asylum Applications 575.00 790.00 38535.00 575.00 persons [+]