Norway vs Sweden: Military expenditure

Norway

10.44 billion current USD

in 2024

Sweden

12.04 billion current USD

in 2024

Norway rank

29th

Sweden rank

27th

Military expenditure over time

Sweden currently reports 12.04 billion current USD against 10.44 billion current USD in Norway, a difference of 1.60 billion current USD.

That makes Sweden's figure about 1.2 times Norway's.

The two have swapped places 2 times across 65 shared years of data; in 1960 it was Sweden ahead.

Globally, Norway ranks 29th and Sweden ranks 27th of 167 countries.

Indicator: Military expenditure (current USD)
Unit: current USD
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 211 places, 10,601 data points, 1960–2024
Last refreshed: 06 August 2026

Military spending USD, in current prices (converted at the exchange rate for the given year)