Switzerland Military Expenditure

0.7% +0.0%

Dec 2024 · Annual

Switzerland's military expenditure rose to 0.72% of GDP in 2024 from 0.71% in 2023. The figure remains near the all-time low of 0.63% recorded in 2014 and well below the series high of 2.57% in 1962. Data are available from 1960.

Switzerland Military Expenditure, 1990–2024
ActualPreviousHighestLowestDatesFrequency
0.7%0.7%2.6%Dec 19620.6%Dec 20141960 – 2024Annual

Related indicators

IndicatorLastPreviousHighestLowestLast updatedFrequency
Government Debt to GDP39.4%40.5%57.1%32.8%Dec 2025Annual
Military Expenditure (USD)$6.7B$6.3B$6.7B$200.1MDec 2024Annual

About this series

Military Expenditure in Switzerland averaged 0.9% from 1960 until 2024, reaching an all-time high of 2.6% in Dec 1962 and a record low of 0.6% in Dec 2014. The series is reported yearly with history from 1960.

Military expenditure measures the share of a country's gross domestic product allocated to military spending, including personnel, operations, and procurement. The indicator is reported annually as a percentage of GDP. The series for Switzerland spans from 1960 to the present.

Source & methodology

We use primary economic sources for every country. See our methodology page for how we source and verify this data.

FAQ

Switzerland Military Expenditure FAQ