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Report: Sweden Defense Budget Will Increase By An Additional 53 Billion Kroner

Among these funds will be allocated to increase the number of conscripts and strengthen air defense. This year's defense budget is approximately 119 billion. According to the NATO definition, adding these items, the defense budget is estimated at 2.6% of GDP.
Stefan Soesanto Published: April 28, 2024 | Updated: April 28, 2024 1 minute read
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More investment should be made in active duty soldiers. Photo: Adam Ihse/TT

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The Defense Preparedness Committee suggests that the country’s defense budget be increased by an additional 52.8 Billion [SEK] kroner by 2030.

According to the Defense Preparedness Committee, defense affairs should be adapted to NATO membership, and the serious political and security situation requires more efforts in the field of military defense.

About The Author

Stefan Soesanto

Stefan Soesanto

Mr. Soesanto is a Senior Researcher at the Center for Security Studies (CSS) at ETH Zurich. He leads the Cyberdefense Project and Head the Risk and Resilience Team.

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