Content about Military budget
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Major investments in Sweden’s military defence expansion
In its 2025 Budget Bill, the Government proposes additional funding worth SEK 13 billion to Sweden’s military defence, including upward adjustments and previous decisions. This corresponds to an increase of 10 per cent compared with 2024. The proposal means that appropriations for military defence amount to SEK 138 billion for 2025. For the coming defence decision period 2025–2030, the Government proposes over SEK 170 billion in additional funding. This is a significant increase in resources aimed at implementing measures in the upcoming bill Total Defence 2025–2030. With these increases, defence expenditure for 2025 is forecast to be equivalent to approximately 2.4 per cent of GDP according to NATO’s definition, and equivalent to approximately 2.6 per cent in 2028.
Published · Press release from Pål Jonson, Ministry of Defence
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Military budget initiatives for 2024
Sweden is currently facing the most serious security situation since the Second World War. This places new demands on military defence.
Published · Article from Pål Jonson, Ministry of Defence
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Major investments in military defence and NATO targets projected to be reached
In the Budget Bill for 2024, the Government proposes additional funding to military defence amounting to approximately SEK 700 million. Taking into account upward adjustments and previous decisions, appropriations for military defence will increase by more than SEK 27 billion between 2023 and 2024 – an increase of 28 per cent. This means that appropriations have doubled since 2020 and that Sweden will already reach the defence expenditure target of two per cent of GDP according to NATO’s definition in 2024. In the Budget Bill, the Government also estimates additional funding for 2025 and 2026 amounting to approximately SEK 1.2 billion and SEK 7.4 billion, respectively.
Published · Press release from Pål Jonson, Ministry of Defence
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Strengthening Sweden’s military defence and preparations for NATO membership
Today the Government has presented investment proposals that will be included in its Spring Amending Budget. The proposals aim to create conditions for the continued growth of Sweden’s military defence and make preparations for NATO membership. Increased appropriations totalling SEK 660 million are proposed in the Spring Amending Budget for 2023. In addition, it is proposed that the Swedish Armed Forces’ authorisation to place orders be increased by SEK 16.78 billion.
Published · Press release from Pål Jonson, Ministry of Defence