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 |