Military Expenditure in Sweden increased to 6326 USD Million in 2019 from 5733 USD Million in 2018. source: SIPRI
Military Expenditure in Sweden averaged 5584.23 USD Million from 1960 until 2019, reaching an all time high of 6633 USD Million in 1990 and a record low of 3692 USD Million in 1960. Sweden Military Expenditure - values, historical data and charts - was last updated on May of 2021.
Military Expenditure in Sweden is expected to reach 5521.14 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sweden Military Expenditure is projected to trend around 5544.76 USD Million in 2022 and 5555.73 USD Million in 2023, according to our econometric models.