Finland vs Iran: Military spending

Finland
7.61 billion constant 2024 US$
in 2025
Iran
7.45 billion constant 2024 US$
in 2025
Finland rank
39th
Iran rank
40th

Military spending over time

  • Finland
  • Iran
02.5B5.0B7.5B10.0B195819912025

How they compare

Finland currently reports 7.61 billion constant 2024 US$ against 7.45 billion constant 2024 US$ in Iran, a difference of 163.68 million constant 2024 US$.

The two have swapped places 6 times across 66 shared years of data; in 1960 it was Finland ahead.

Finland ranks 39th and Iran ranks 40th of 162 countries.

Across the 7 decades both report, Finland averaged higher in 2 and Iran in 5.

Head to head by decade

Decade Finland Iran Difference Ahead
1960s 1.12 billion constant 2024 US$ 708.51 million constant 2024 US$ 415.54 million constant 2024 US$ Finland
1970s 1.53 billion constant 2024 US$ 5.35 billion constant 2024 US$ 3.82 billion constant 2024 US$ Iran
1980s 2.40 billion constant 2024 US$ 4.55 billion constant 2024 US$ 2.15 billion constant 2024 US$ Iran
1990s 2.83 billion constant 2024 US$ 2.59 billion constant 2024 US$ 244.55 million constant 2024 US$ Finland
2000s 3.49 billion constant 2024 US$ 6.43 billion constant 2024 US$ 2.94 billion constant 2024 US$ Iran
2010s 4.09 billion constant 2024 US$ 7.22 billion constant 2024 US$ 3.13 billion constant 2024 US$ Iran
2020s 5.58 billion constant 2024 US$ 7.84 billion constant 2024 US$ 2.26 billion constant 2024 US$ Iran

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, Finland or Iran?
Finland, at 7.61 billion constant 2024 US$ against 7.45 billion constant 2024 US$ in Iran as of 2025.
What is the difference in military spending between Finland and Iran?
163.68 million constant 2024 US$, with Finland ahead.
How many years of comparable data are there for Finland and Iran?
66 years are reported by both, from 1960 to 2025.
How do Finland and Iran rank globally for military spending?
Finland ranks 39th and Iran ranks 40th of 162 countries.
Where does this data come from?
Stockholm International Peace Research Institute (2026) – 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 2024 US$
Source
Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
162 places, 8,341 data points, 1949–2025
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.