Switzerland Military Expenditure (USD)
$6.7B▲ +$433.1M
Dec 2024 · Annual
Switzerland's military expenditure rose to $6.72 billion in 2024 from $6.29 billion in 2023. The figure marks a new all-time high for the series, which dates back to 1960. The previous record was set in 2023.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| $6.7B | $6.3B | $6.7BDec 2024 | $200.1MDec 1960 | 1960 – 2024 | Annual |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| Military Expenditure | 0.7% | 0.7% | 2.6% | 0.6% | Dec 2024 | Annual |
| GDP | $1.04T | $969.9B | $1.04T | $10.6B | Dec 2025 | Annual |
About this series
Military Expenditure (USD) in Switzerland averaged $4.3B from 1960 until 2024, reaching an all-time high of $6.7B in Dec 2024 and a record low of $200.1M in Dec 1960. The series is reported yearly with history from 1960.
Military expenditure in current US dollars measures annual spending by Switzerland on armed forces, including personnel, operations, and procurement. Data are reported annually and span from 1960 to 2024.
Source & methodology
We use primary economic sources for every country. See our methodology page for how we source and verify this data.
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