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# Sweden Military Expenditure

> Sweden military expenditure is 2.0% as of Dec 2024, from 1.5%. History from 1960, source World Bank. Free API & MCP access.

Military Expenditure in Sweden rose to 2.0% in Dec 2024 from 1.5% in Dec 2023.

Military Expenditure in Sweden averaged 1.5% from 1960 until 2024, reaching an all-time high of 4.0% in Dec 1963 and a record low of 1.0% in Dec 2017. The series is reported yearly with history from 1960.

## Stats

| Actual | Previous | Highest | Lowest | Span | Unit | Frequency |
| --- | --- | --- | --- | --- | --- | --- |
| 2.0% | 1.5% | 4.0% (Dec 1963) | 1.0% (Dec 2017) | 1960–2024 | USD / % GDP | annual |

## FAQ

**What is Sweden's military expenditure right now?**

Military Expenditure in Sweden is 2.0% as of Dec 2024.

**What are the historical extremes for Sweden's military expenditure?**

The all-time high is 4.0% (Dec 1963); the record low is 1.0% (Dec 2017), over a series starting in 1960.

**How often is this series updated?**

Military Expenditure for Sweden is a annual series; values refresh when new data is published or revised.

**Where does this data come from?**

See our methodology page for how we source and verify every series.

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Full history via API: `GET https://api.economicsapi.com/v1/history?country=sweden&indicator=military-expenditure`.
Back to [Sweden economy](/sweden.md).