Finland Military Spending/Defense Budget 1960-2024

Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country).
  • Finland military spending/defense budget for 2022 was $4.82B, a 28.53% increase from 2021.
  • Finland military spending/defense budget for 2021 was $3.75B, a 3.01% decline from 2020.
  • Finland military spending/defense budget for 2020 was $3.87B, a 6.42% increase from 2019.
  • Finland military spending/defense budget for 2019 was $3.64B, a 3.18% decline from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
United States $876.94B
Saudi Arabia $75.01B
United Kingdom $68.46B
Germany $55.76B
France $53.64B
South Korea $46.37B
Japan $45.99B
Italy $33.49B
Australia $32.30B
Canada $26.90B
Israel $23.41B
Spain $20.31B
Poland $16.57B
Netherlands $15.61B
Qatar $15.41B
Singapore $11.69B
Norway $8.39B
Kuwait $8.24B
Greece $8.10B
Sweden $7.72B
Belgium $6.87B
Switzerland $6.15B
Oman $5.78B
Chile $5.57B
Denmark $5.47B
Finland $4.82B
Czech Republic $4.01B
Austria $3.63B
Portugal $3.50B
New Zealand $2.83B
Argentina $2.58B
Hungary $2.57B
Slovak Republic $1.99B
Lithuania $1.73B
Bahrain $1.38B
Uruguay $1.38B
Croatia $1.31B
Ireland $1.16B
Latvia $0.85B
Estonia $0.81B
Slovenia $0.74B
Luxembourg $0.56B
Cyprus $0.49B
Brunei $0.44B
Trinidad and Tobago $0.20B
Malta $0.09B
Seychelles $0.03B
Iceland $0.00B
Panama $0.00B
Finland Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2022 $4.82B 1.72%
2021 $3.75B 1.26%
2020 $3.87B 1.43%
2019 $3.64B 1.35%
2018 $3.75B 1.36%
2017 $3.43B 1.35%
2016 $3.42B 1.42%
2015 $3.40B 1.45%
2014 $3.99B 1.45%
2013 $4.16B 1.53%
2012 $3.94B 1.53%
2011 $4.10B 1.49%
2010 $3.72B 1.49%
2009 $3.94B 1.56%
2008 $3.96B 1.39%
2007 $3.30B 1.29%
2006 $3.13B 1.44%
2005 $3.00B 1.46%
2004 $2.89B 1.47%
2003 $2.48B 1.45%
2002 $1.61B 1.15%
2001 $1.48B 1.14%
2000 $1.56B 1.24%
1999 $1.65B 1.22%
1998 $1.96B 1.46%
1997 $1.95B 1.54%
1996 $2.02B 1.53%
1995 $1.91B 1.42%
1994 $1.76B 1.76%
1993 $1.62B 1.87%
1992 $2.08B 1.91%
1991 $2.20B 1.78%
1990 $2.14B 1.56%
1989 $1.77B 1.53%
1988 $1.70B 1.61%
1987 $1.46B 1.65%
1986 $1.22B 1.72%
1985 $0.91B 1.68%
1984 $0.83B 1.60%
1983 $0.91B 1.82%
1982 $0.84B 1.64%
1981 $0.79B 1.55%
1980 $0.87B 1.67%
1979 $0.64B 1.48%
1978 $0.51B 1.43%
1977 $0.46B 1.41%
1976 $0.42B 1.34%
1975 $0.43B 1.51%
1974 $0.31B 1.27%
1973 $0.28B 1.45%
1972 $0.22B 1.53%
1971 $0.18B 1.45%
1970 $0.15B 1.38%
1969 $0.14B 1.44%
1968 $0.15B 1.76%
1967 $0.15B 1.62%
1966 $0.15B 1.71%
1965 $0.15B 1.80%
1964 $0.14B 1.86%
1963 $0.13B 1.93%
1962 $0.15B 2.51%
1961 $0.11B 1.84%
1960 $0.09B 1.77%