Finland vs Switzerland: Military spending

Finland
6.73 billion constant 2022 US$
in 2023
Switzerland
7.40 billion constant 2022 US$
in 2023
Finland rank
41st
Switzerland rank
39th

Military spending over time

  • Finland
  • Switzerland
02.0B4.0B6.0B8.0B181619192023

How they compare

Switzerland currently reports 7.40 billion constant 2022 US$ against 6.73 billion constant 2022 US$ in Finland, a difference of 672.89 million constant 2022 US$.

That makes Switzerland's figure about 1.1 times Finland's.

The two have swapped places 2 times across 107 shared years of data; in 1917 it was Switzerland ahead.

Finland ranks 41st and Switzerland ranks 39th of 172 countries.

Across the 12 decades both report, Finland averaged higher in 1 and Switzerland in 11.

Head to head by decade

Decade Finland Switzerland Difference Ahead
1910s 56.35 million constant 2022 US$ 116.00 million constant 2022 US$ 59.65 million constant 2022 US$ Switzerland
1920s 166.03 million constant 2022 US$ 200.21 million constant 2022 US$ 34.18 million constant 2022 US$ Switzerland
1930s 364.48 million constant 2022 US$ 427.04 million constant 2022 US$ 62.56 million constant 2022 US$ Switzerland
1940s 1.28 billion constant 2022 US$ 1.01 billion constant 2022 US$ 269.72 million constant 2022 US$ Finland
1950s 484.93 million constant 2022 US$ 1.69 billion constant 2022 US$ 1.20 billion constant 2022 US$ Switzerland
1960s 947.13 million constant 2022 US$ 2.73 billion constant 2022 US$ 1.79 billion constant 2022 US$ Switzerland
1970s 1.39 billion constant 2022 US$ 4.30 billion constant 2022 US$ 2.91 billion constant 2022 US$ Switzerland
1980s 2.42 billion constant 2022 US$ 6.03 billion constant 2022 US$ 3.61 billion constant 2022 US$ Switzerland
1990s 3.17 billion constant 2022 US$ 6.66 billion constant 2022 US$ 3.49 billion constant 2022 US$ Switzerland
2000s 3.54 billion constant 2022 US$ 4.91 billion constant 2022 US$ 1.38 billion constant 2022 US$ Switzerland
2010s 4.31 billion constant 2022 US$ 5.74 billion constant 2022 US$ 1.43 billion constant 2022 US$ Switzerland
2020s 5.78 billion constant 2022 US$ 7.08 billion constant 2022 US$ 1.31 billion constant 2022 US$ Switzerland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, Finland or Switzerland?
Switzerland, at 7.40 billion constant 2022 US$ against 6.73 billion constant 2022 US$ in Finland as of 2023.
What is the difference in military spending between Finland and Switzerland?
672.89 million constant 2022 US$, with Switzerland ahead.
How many years of comparable data are there for Finland and Switzerland?
107 years are reported by both, from 1917 to 2023.
How do Finland and Switzerland rank globally for military spending?
Finland ranks 41st and Switzerland ranks 39th of 172 countries.
Where does this data come from?
Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as Military spending. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Military spending
Unit
constant 2022 US$
Source
Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.