Sweden - Defence Budget on R&D
Since 2014, Sweden Defence Budget on R&D fell by 5.5points year on year. At 2.82 Percent of Total GBARD in 2019, the country was ranked number 15 comparing other countries in Defence Budget on R&D. Sweden is overtaken by Latvia, which was ranked number 14 at 2.91 Percent of Total GBARD and is followed by Finland at 2.47 Percent of Total GBARD. United States lead the ranking with 46.66 Percent of Total GBARD in 2019, a fall of 0.1points versus 2018. Turkey, South Korea and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. Greece witnessed the best average annual growth at +65.5points per year, while Switzerland recorded the worst performance at -18.9points per year.
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| Date | Percent of Total GBARD |
|---|---|
| 2019 | 2.82 |
| 2018 | 3.74 |
| 2017 | 3.03 |
| 2016 | 3.42 |
| 2015 | 3.34 |
Download all data from 1981 to 2019
How does Sweden rank in Defence Budget on R&D?
| # | 34 Countries | Percent of Total GBARD | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
46.66 % | 2019 | -0.1 % | +2.6 % | View data | |
| 2 |
#2
Turkey
|
20.78 % | 2020 | +11.0 % | +14.2 % | View data | |
| 14 |
#14
Latvia
|
2.91 % | 2019 | +5.5 % | +9.7 % | View data | |
| 15 |
#15
Sweden
|
2.82 % | 2019 | -24.5 % | -5.5 % | View data | |
| 16 |
#16
Finland
|
2.47 % | 2019 | +1.6 % | +2.9 % | View data | |