Sweden raises defence budget by 18% for 2026– www.army-technology.com
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Excerpt:
The Swedish Government has unveiled plans to significantly increase its defence budget in the 2026 budget bill, allocating an additional Skr26.6bn ($2.87bn).
This funding surge represents an 18% hike from 2025. It is the largest boost to the nation’s defence capabilities since the Cold War era, the country’s Ministry of Defence (MoD) said…
Projections based on current gross domestic product (GDP) forecasts and the proposed allocations in the Budget Bill indicate that defence spending will rise to 2.8% of GDP in 2026, aligning with NATO’s benchmark.
By 2028, this figure is expected to reach 3.1% of GDP.
