Finland vs Vietnam: Military spending

Finland
6.73 billion constant 2022 US$
in 2023
Vietnam
6.74 billion constant 2022 US$
in 2020
Finland rank
41st
Vietnam rank
40th

Military spending over time

  • Finland
  • Vietnam
02.0B4.0B6.0B191719702023

How they compare

Vietnam currently reports 6.74 billion constant 2022 US$ against 6.73 billion constant 2022 US$ in Finland, a difference of 14.71 million constant 2022 US$.

The two have swapped places 7 times across 67 shared years of data; in 1954 it was Finland ahead.

Finland ranks 41st and Vietnam ranks 40th of 172 countries.

Across the 8 decades both report, Finland averaged higher in 2 and Vietnam in 6.

Head to head by decade

Decade Finland Vietnam Difference Ahead
1950s 537.22 million constant 2022 US$ 766.45 million constant 2022 US$ 229.23 million constant 2022 US$ Vietnam
1960s 947.13 million constant 2022 US$ 2.01 billion constant 2022 US$ 1.06 billion constant 2022 US$ Vietnam
1970s 1.39 billion constant 2022 US$ 1.69 billion constant 2022 US$ 299.78 million constant 2022 US$ Vietnam
1980s 2.42 billion constant 2022 US$ 2.91 billion constant 2022 US$ 488.45 million constant 2022 US$ Vietnam
1990s 3.17 billion constant 2022 US$ 1.38 billion constant 2022 US$ 1.79 billion constant 2022 US$ Finland
2000s 3.54 billion constant 2022 US$ 3.23 billion constant 2022 US$ 304.92 million constant 2022 US$ Finland
2010s 4.31 billion constant 2022 US$ 4.80 billion constant 2022 US$ 493.76 million constant 2022 US$ Vietnam
2020s 5.25 billion constant 2022 US$ 6.74 billion constant 2022 US$ 1.49 billion constant 2022 US$ Vietnam

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, Finland or Vietnam?
Vietnam, at 6.74 billion constant 2022 US$ against 6.73 billion constant 2022 US$ in Finland as of 2020.
What is the difference in military spending between Finland and Vietnam?
14.71 million constant 2022 US$, with Vietnam ahead.
How many years of comparable data are there for Finland and Vietnam?
67 years are reported by both, from 1954 to 2020.
How do Finland and Vietnam rank globally for military spending?
Finland ranks 41st and Vietnam ranks 40th 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.