Defense spending next year will increase by 10 percent — part of a long-term boost.
The country plans additional military spending of 170 billion krona (€15 billion) plus 35.7 billion krona for civil defense through 2030 — coming on top of the existing budget. That will put Sweden’s defense budget at 2.6 percent of GDP by 2028, well above NATO’s target of at least 2 percent.
The higher military and civil defense spending is a return to the 1980s focus on being prepared for anything — as of last year, however, Sweden is a member of NATO while during the standoff with…
