Sweden moves to ramp up defense spending by $1.3 billion in 2025

Sweden plans to increase defense spending by 13 billion SEK ($1.3 billion) in 2025, raising its military budget to 138 billion SEK, or 2.4% of GDP, above NATO’s target. The proposal includes long-term spending increases of 170 billion SEK between 2025-2030, with defense spending expected to reach 2.6% of GDP by 2028. This move aligns with recommendations from the Swedish Defence Commission, influenced by Russia’s war in Ukraine and Sweden’s NATO membership. The government emphasizes the need for stronger defense capabilities, proposing significant resource increases for the military. Planned upgrades include expanding mechanized brigades, boosting air defense, and increasing orders for air-to-air and cruise missiles.

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