War Balance

United States vs Sweden: support for Ukraine and trade with Russia since 2022

United States: Toward Ukraine by 0.51% of a year's GDP since 2022 (likely 0.40% to 0.64% toward Ukraine; very likely · >99%). Sweden: Toward Ukraine by 3.7% of a year's GDP since 2022 (likely 2.9% to 4.7% toward Ukraine; very likely · >99%).

Support for Ukraine in euros: United States €82.6bn, Sweden €8.8bn. More in euros: United States; more as a share of GDP: Sweden.

United States → Sweden →

These numbers measure money: aid to Ukraine and the change in what Russia keeps from trade, against a world without the war. Weapons count at their money value: aid at market value when delivered, weapons and troops sent to Russia at the seller's gain where Russia paid and in full where it did not. Votes, diplomacy and intent are not in them.

Side by side

#CountryNetSupport for UkraineRussia kept from trade, vs no warRussian money frozen (return lost)Paid Russia since 2022
United States+0.51%+€132bn · +€387 per personlikely 0.40% to 0.64% toward Ukrainevery likely · >99%+€82.6bn+0.32% of GDPvery likely · >99%€47.4bn less0.18% of GDP lessvery likely · >99%€1.6bn<0.01% of GDP€43.2bn0.17% of GDP
Sweden+3.7%+€20.1bn · +€1,903 per personlikely 2.9% to 4.7% toward Ukrainevery likely · >99%+€8.8bn+1.6% of GDPvery likely · >99%€10.6bn less1.9% of GDP lessvery likely · >99%€0.71bn0.13% of GDP€4.1bn0.76% of GDP

Each row: the best estimate, then its range and the chance of its direction, as in the country's panel.

What makes up each number

MeasureUnited StatesSweden
Government aid to Ukraine+€79.8bn+0.31% of GDP+€6.6bn+1.2% of GDP
Private donations to Ukraine+€2.6bn<0.01% of GDP+€0.11bn+0.02% of GDP
Cost of hosting refugees from Ukraine+€1.9bn<0.01% of GDP+€0.82bn+0.15% of GDP
Aid to Ukraine spent at home−€1.2bn<0.01% of GDP−€0.13bn−0.02% of GDP
Other countries' aid to Ukraine spent here−€0.70bn<0.01% of GDP−€0.30bn−0.06% of GDP
Share of IMF and World Bank lending to Ukraine+€0.28bn<0.01% of GDP+€26m<0.01% of GDP
Purchases from Ukraine vs no war+€95m<0.01% of GDP+€5m<0.01% of GDP
Refugee spending kept in the host economy−€92m<0.01% of GDP−€7m<0.01% of GDP
Extra services sold to Ukraine−€57m<0.01% of GDP−€2m<0.01% of GDP
Aid spent here on energy, relief and rebuilding−€41m<0.01% of GDP−€14m<0.01% of GDP
Arms Ukraine bought here−€34m<0.01% of GDP–
Share of EU aid to Ukraine–+€1.7bn+0.31% of GDP
Russia's gain on fuel and goods it sold+€38.5bn+0.15% of GDP+€3.9bn+0.71% of GDP
Company profits in Russia+€4.7bn+0.02% of GDP+€2.5bn+0.46% of GDP
Company taxes paid in Russia+€2.8bn+0.01% of GDP+€2.4bn+0.44% of GDP
Stakes in Russian oil and gas projects+€2bn<0.01% of GDP–
Russian oil bought via other countries−€1.5bn<0.01% of GDP+€1.8bn+0.33% of GDP
Services sold to Russia+€0.46bn<0.01% of GDP+€30m<0.01% of GDP
Russia's gain from war-time fuel prices−€0.45bn<0.01% of GDP–
Sellers' gain on sales to Russia+€0.44bn<0.01% of GDP+€0.13bn+0.02% of GDP
Profits of Russian-owned companies abroad+€0.33bn<0.01% of GDP−€80m−0.01% of GDP
Services bought from Russia+€0.20bn<0.01% of GDP+€2m<0.01% of GDP
Shipping and insuring Russian oil−€0.10bn<0.01% of GDP−€23m<0.01% of GDP
Extra price Russia paid because of sanctions−€24m<0.01% of GDP−€46m<0.01% of GDP
Frozen Russian central bank reserves€0.84bn<0.01% of GDP€0.46bn0.08% of GDP
Frozen Russian private assets€0.77bn<0.01% of GDP€0.25bn0.05% of GDP

+ toward Ukraine, − toward Russia

Year by year

YearCountrySupport for UkraineTrade: toward Ukraine (+) / toward Russia (−)Russian money frozenNet
2022United States+€24.5bn+€9.4bn+€145m+€34.1bn
Sweden+€1.2bn+€2.0bn+€52m+€3.2bn
2023United States+€25.1bn+€10.4bn+€446m+€36.0bn
Sweden+€1.5bn+€2.4bn+€227m+€4.1bn
2024United States+€19.5bn+€10.0bn+€438m+€29.9bn
Sweden+€1.6bn+€2.4bn+€196m+€4.2bn
2025United States+€9.4bn+€9.2bn+€367m+€18.9bn
Sweden+€2.4bn+€2.1bn+€148m+€4.6bn
2026*United States+€4.1bn+€8.4bn+€216m+€12.6bn
Sweden+€2.1bn+€1.7bn+€88m+€3.9bn

Each year's amount: + toward Ukraine, − toward Russia. *2026: to August.

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Cite as: War Balance, figures to August 2026, https://warbalance.org/compare/united-states-vs-sweden/