Sweden - Military Expenditure

Since 2014, Sweden Military Expenditure was down by 2% year on year. At $5,920,139,623.44 in 2019, the country was ranked number 33 among other countries in Military Expenditure. Sweden is overtaken by Mexico, which was number 32 with $6,536,384,427.47 and is followed by Vietnam with $5,692,821,828.94. United States lead the ranking with $731,751,400,000 in 2019, an increase of 7.2% compared to 2018. China, India and Russia respectively ranked number 2, 3 and 4 in this ranking. Bulgaria witnessed the best average annual growth at +23.3% per year, while Venezuela was the worst growing country at -55.3% per year.

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Date US Dollars
2019 5,920,139,623.44
2018 5,732,822,794.38
2017 5,526,592,999.00
2016 5,427,549,191.34
2015 5,387,123,174.45
Download all data from 1960 to 2019

How does Sweden rank in Military Expenditure?

# 156 Countries US Dollars Last YoY 5‑years CAGR
1 #1
United States
731,751,400,000.00 2019 +7.2 % +2.5 % View data
2 #2
China
261,081,940,426.67 2019 +3.0 % +5.4 % View data
32 #32
Mexico
6,536,384,427.47 2019 +11.9 % -0.7 % View data
33 #33
Sweden
5,920,139,623.44 2019 +3.3 % -2.0 % View data
34 #34
Vietnam
5,692,821,828.94 2019 +3.5 % +6.0 % View data
Compare all 156 countries

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