Military expenditure in Switzerland

Switzerland: Military expenditure was 5.92 billion current LCU in 2024. ▲ Rising

Latest (2024)
5.92 billion current LCU
Change on year
up 4.4%
World rank
114th
of 167 countries
All-time high
5.92 billion current LCU
in 2024
All-time low
875.00 million current LCU
in 1960
Years of data
65
1960–2024

Military expenditure in Switzerland, 1960–2024

02.0B4.0B6.0B196019922024

Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.

Analysis

In 2024, military expenditure in Switzerland stood at 5.92 billion current LCU. That is the highest value across all 65 years on record.

The figure is up 4.4% on the previous year and up 40.1% over ten years.

Over the whole period, military expenditure in Switzerland peaked at 5.92 billion current LCU in 2024 and was at its lowest, 875.00 million current LCU, in 1960.

Switzerland ranks 114th of 167 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 65 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1960s 1.41 billion current LCU 875.00 million current LCU 1.79 billion current LCU 10
1970s 2.63 billion current LCU 1.91 billion current LCU 3.23 billion current LCU 10
1980s 4.29 billion current LCU 3.35 billion current LCU 5.04 billion current LCU 10
1990s 5.35 billion current LCU 4.73 billion current LCU 5.82 billion current LCU 10
2000s 4.42 billion current LCU 4.17 billion current LCU 4.73 billion current LCU 10
2010s 4.49 billion current LCU 4.23 billion current LCU 4.99 billion current LCU 10
2020s 5.48 billion current LCU 5.01 billion current LCU 5.92 billion current LCU 5

Countries ranked near Switzerland

  1. 111 Finland 6.46 billion current LCU compare
  2. 112 Djibouti 6.45 billion current LCU compare
  3. 113 Azerbaijan 6.42 billion current LCU compare
  4. 115 New Zealand 4.96 billion current LCU compare
  5. 116 Austria 4.86 billion current LCU compare
  6. 117 Bolivia 4.53 billion current LCU compare

See the full ranking of 167 places →

More public sector data for Switzerland

All data for Switzerland →

Frequently asked questions

What is military expenditure in Switzerland?
Military expenditure in Switzerland was 5.92 billion current LCU in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
What is the highest military expenditure recorded in Switzerland?
The highest recorded value was 5.92 billion current LCU in 2024.
What is the lowest military expenditure recorded in Switzerland?
The lowest recorded value was 875.00 million current LCU in 1960.
How does Switzerland rank for military expenditure?
Switzerland ranks 114th out of 167 countries with data for 2024.
Is military expenditure rising or falling in Switzerland?
Over the last ten years it is up 40.1%. The long-run trend across the full record is rising.
Where does this Switzerland data come from?
The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current LCU). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Military expenditure (current LCU)
Unit
current LCU
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
167 places, 8,248 data points, 1960–2024
Last refreshed

Military expenditure in local currency at current prices (by calendar year)