Global Local Government Expenditures on Defence by Country

In 2023, local government expenditures on defence showed modest year-on-year variations across countries. South Korea, Switzerland, Israel, and Poland saw slight increases in their expenditures by 1.67%, 1.68%, 2.79%, and 2.92% respectively. The United Kingdom remained relatively stable with a marginal rise of 0.1%, whereas Denmark and the Czech Republic experienced declines of 0.12% and 1.06% respectively. Sweden and Austria had notable rises of 7.48% and 8.09%. Lithuania’s expenditure had a slight increase of 0.58%.

Looking at future trends, countries with recent upward trends like South Korea, Israel, and Poland are expected to continue focusing on enhancing their defense capabilities. Economically stable nations with lower defense priorities, such as Denmark and the Czech Republic, might see minimal change or slight decreases. Emerging geopolitical tensions and technological advancements will likely drive fluctuations in these expenditures globally.