Military expenditure in Finland
Finland: Military expenditure was 6.99 billion current USD in 2024. ◆ Volatile
Military expenditure in Finland, 1960–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
In 2024, military expenditure in Finland stood at 6.99 billion current USD. That is the highest value across all 65 years on record.
The figure is up 17.9% on the previous year and up 75.3% over ten years.
Over the whole period, military expenditure in Finland peaked at 6.99 billion current USD in 2024 and was at its lowest, 89.56 million current USD, in 1960.
Finland ranks 37th of 167 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 135.73 million current USD | 89.56 million current USD | 154.40 million current USD | 10 |
| 1970s | 359.86 million current USD | 152.89 million current USD | 642.60 million current USD | 10 |
| 1980s | 1.13 billion current USD | 790.88 million current USD | 1.77 billion current USD | 10 |
| 1990s | 1.93 billion current USD | 1.62 billion current USD | 2.20 billion current USD | 10 |
| 2000s | 2.73 billion current USD | 1.48 billion current USD | 3.96 billion current USD | 10 |
| 2010s | 3.75 billion current USD | 3.40 billion current USD | 4.16 billion current USD | 10 |
| 2020s | 5.01 billion current USD | 3.83 billion current USD | 6.99 billion current USD | 5 |
Countries ranked near Finland
More public sector data for Finland
- Arms imports 64.00 million SIPRI trend indicator values (2024)
- Tax revenue 25.3% (2024)
- Taxes on income, profits and capital gains 26.8% (2024)
- Taxes on goods and services 31.5% (2024)
- Net investment in nonfinancial assets 1.7% (2024)
- Net lending (+) / net borrowing (-) -3.5% (2024)
- Interest payments 2.9% (2024)
- Grants and other revenue 12.8% (2024)
- Interest payments 2.0% (2023)
- Other taxes 1.1% (2024)
Frequently asked questions
- What is military expenditure in Finland?
- Military expenditure in Finland was 6.99 billion current USD in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Finland?
- The highest recorded value was 6.99 billion current USD in 2024.
- What is the lowest military expenditure recorded in Finland?
- The lowest recorded value was 89.56 million current USD in 1960.
- How does Finland rank for military expenditure?
- Finland ranks 37th out of 167 countries with data for 2024.
- Is military expenditure rising or falling in Finland?
- Over the last ten years it is up 75.3%. The long-run trend across the full record is volatile.
- Where does this Finland data come from?
- The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current USD). Statizoid updates them automatically from the source API.
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About this data
Military spending USD, in current prices (converted at the exchange rate for the given year)