Military Expenditure in Switzerland, 1960-2022

Military Expenditure in Switzerland, 1960-2022

Share the statistic on social media channels or embed the statistic in your website using "Embed Code", where available.

Share chart

Embed chart
Select Citation

Cite this statistic and select one of the following formats: APA, Chicago, Harvard, MLA & Bluebook


  • APA
  • Chicago
  • Harvard
  • MLA
  • Bluebook
  • IEEE
TGM StatBox. (2024). Military Expenditure in Switzerland, 1960-2022. TGM StatBox.
Chart Details
Timeframe: 1960-2023
Country: Switzerland
Published date: 2024
Note: Military expenditure by World Development Indicators (WDI) refers to the financial resources a country allocates for its armed forces. This includes spending on personnel (salaries, pensions), military equipment, infrastructure, operations, and research and development.
Key Takeaways
Switzerland's military spending steadily declined from 2.3% of GDP in 1960 to 0.8% by 2022. The 1960s and 70s maintained consistent defense allocations around 2%, reflecting Cold War dynamics and Switzerland's neutral yet prepared stance. From the 1980s, spending reductions coincided with the end of the Cold War and Switzerland's strategic focus on cost-effective defense.

In the 21st century, spending stabilized at around 0.7%, reflecting Switzerland's emphasis on a highly trained but lean defense force. A slight uptick to 0.9% in 2020 mirrors global increases in defense budgets amid growing geopolitical uncertainties, followed by stabilization at 0.8% in subsequent years.

Further Recommended Statistics

Statbox vector
Statbox |form contact icon

Have Other Queries?

Statbox vector

Connect with our expert team for immediate assistance or comprehensive market analysis. We are always ready to support your business needs.