Sweden Announces Major Defense Budget Increase to Strengthen Military
Swedish government announces a significant increase in defense budget to enhance military capabilities.
Key Points
- • Defense budget increased by 26.6 billion SEK for 2026.
- • Total defense budget rises to 175 billion SEK, 2.8% of GDP.
- • Increased allowances for conscripts and officer candidates.
- • Political unity among Tidöpartierna on defense issues.
On September 15, 2025, the Swedish government revealed a significant increase in the defense budget, amounting to 26.6 billion SEK (approximately 2.75 billion USD). This adjustment will elevate Sweden's total defense spending to 175 billion SEK for the upcoming year, representing 2.8% of the nation's GDP, with aspirations to reach NATO's target of 3.5%. Prime Minister Ulf Kristersson and leaders from the Tidöpartierna presented these updates during a press conference, marking a critical moment in Sweden's military strategy after an unprecedented increase of 100 billion SEK since 2022.
In his address, Kristersson highlighted the paramount importance of modernizing Sweden's military capabilities, stating, "The effects of these investments will be felt far beyond military barracks and regiments." This funding will support key procurements and enhancements across Sweden’s armed forces, addressing critical needs in air defense, artillery, and naval capabilities, particularly in light of escalating security concerns stemming from neighboring regions.
As part of the budgetary adjustments, daily allowances for conscripts will see a notable increase from 146 SEK to 200 SEK, while officer candidates will now receive 240 SEK daily, up from 175 SEK. This marks the first raise in allowances since conscription was reintroduced in 2017.
Leaders from various political factions, including Jimmie Åkesson of the Sweden Democrats and Ebba Busch, showcased a rare political unity around this defense initiative. This strategic enhancement aligns with Sweden's commitment to bolster its defense posture and operational readiness amidst a shifting geopolitical landscape.