Military expenditure in Switzerland
Switzerland: Military expenditure was 6.72 billion current USD in 2024. ◆ Volatile
Military expenditure in Switzerland, 1960–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
Switzerland recorded 6.72 billion current USD for military expenditure in 2024. That is the highest value across all 65 years on record.
The figure is up 6.9% on the previous year and up 45.7% over ten years.
Over the whole period, military expenditure in Switzerland peaked at 6.72 billion current USD in 2024 and was at its lowest, 200.09 million current USD, in 1960.
Switzerland ranks 38th of 167 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 322.37 million current USD | 200.09 million current USD | 409.11 million current USD | 10 |
| 1970s | 1.03 billion current USD | 436.09 million current USD | 1.95 billion current USD | 10 |
| 1980s | 2.34 billion current USD | 1.81 billion current USD | 3.28 billion current USD | 10 |
| 1990s | 3.87 billion current USD | 3.15 billion current USD | 4.65 billion current USD | 10 |
| 2000s | 3.37 billion current USD | 2.76 billion current USD | 4.10 billion current USD | 10 |
| 2010s | 4.68 billion current USD | 4.12 billion current USD | 5.03 billion current USD | 10 |
| 2020s | 5.98 billion current USD | 5.49 billion current USD | 6.72 billion current USD | 5 |
Countries ranked near Switzerland
More public sector data for Switzerland
- Arms imports 33.00 million SIPRI trend indicator values (2023)
- Tax revenue 9.5% (2024)
- Taxes on income, profits and capital gains 25.1% (2024)
- Taxes on goods and services 29.5% (2024)
- Net investment in nonfinancial assets 1.0% (2024)
- Net lending (+) / net borrowing (-) 0.5% (2024)
- Interest payments 0.9% (2024)
- Grants and other revenue 7.2% (2024)
- Interest payments 1.0% (2023)
- Other taxes 0.0% (2024)
Frequently asked questions
- What is military expenditure in Switzerland?
- Military expenditure in Switzerland was 6.72 billion current USD 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 6.72 billion current USD in 2024.
- What is the lowest military expenditure recorded in Switzerland?
- The lowest recorded value was 200.09 million current USD in 1960.
- How does Switzerland rank for military expenditure?
- Switzerland ranks 38th out of 167 countries with data for 2024.
- Is military expenditure rising or falling in Switzerland?
- Over the last ten years it is up 45.7%. The long-run trend across the full record is volatile.
- 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 USD). Statizoid updates them automatically from the source API.
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About this data
Military spending USD, in current prices (converted at the exchange rate for the given year)