The R&D budget for defense in Sweden is forecasted to slightly increase from 4.07% of Total GBARD in 2024 to 4.22% by 2028. This represents a steady year-on-year growth rate: 1.23% from 2024 to 2025, 0.97% from 2025 to 2026, 0.72% from 2026 to 2027, and 0.72% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over the five-year period is approximately 0.99%.
Future trends to watch for:
• Shifts in geopolitical climate affecting defense budget allocations.
• Innovations in defense technology driving changes in R&D priorities.
• Changes in national policy influencing defense spending.