Military spending per armed forces personnel in Finland
Finland: Military spending per armed forces personnel was 197,270 constant 2024 US$ in 2020. ▲ Rising
Military spending per armed forces personnel in Finland, 1985–2020
Source: Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data. Measured in constant 2024 US$.
Analysis
Finland recorded 197,270 constant 2024 US$ for military spending per armed forces personnel in 2020. That is the highest value across all 33 years on record.
That represents a change of up 27.9% on the previous year and up 21.9% over ten years.
Over the whole period, military spending per armed forces personnel in Finland peaked at 197,270 constant 2024 US$ in 2020 and was at its lowest, 66,471 constant 2024 US$, in 1985.
Finland ranks 21st of 160 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 33 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 68,017 constant 2024 US$ | 66,471 constant 2024 US$ | 69,562 constant 2024 US$ | 2 |
| 1990s | 84,246 constant 2024 US$ | 73,195 constant 2024 US$ | 92,051 constant 2024 US$ | 10 |
| 2000s | 111,742 constant 2024 US$ | 76,181 constant 2024 US$ | 165,058 constant 2024 US$ | 10 |
| 2010s | 162,801 constant 2024 US$ | 154,223 constant 2024 US$ | 168,369 constant 2024 US$ | 10 |
| 2020s | 197,270 constant 2024 US$ | 197,270 constant 2024 US$ | 197,270 constant 2024 US$ | 1 |
Countries ranked near Finland
- 18 Saudi Arabia 251,583 constant 2024 US$ compare
- 19 Qatar 200,435 constant 2024 US$ compare
- 22 Austria 196,170 constant 2024 US$ compare
- 23 France 190,918 constant 2024 US$ compare
- 24 Equatorial Guinea 170,786 constant 2024 US$ compare
More reference data data for Finland
- Spring temperature anomalies 5.45 °C (2026)
- Summer temperature anomalies 1.52 °C (2026)
- Temperature anomalies by month -5.24 °C (2026)
- Universal right to vote in practice 2 (2025)
- Autumn temperature anomalies 2.9 °C (2025)
- Winter temperature anomalies 2.51 °C (2025)
- Consumer price index 133.54 2010 = 100 (2025)
- Universal right to vote 2 (2025)
- Competitive elections 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is military spending per armed forces personnel in Finland?
- Military spending per armed forces personnel in Finland was 197,270 constant 2024 US$ in 2020, according to Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data.
- What is the highest military spending per armed forces personnel recorded in Finland?
- The highest recorded value was 197,270 constant 2024 US$ in 2020.
- What is the lowest military spending per armed forces personnel recorded in Finland?
- The lowest recorded value was 66,471 constant 2024 US$ in 1985.
- How does Finland rank for military spending per armed forces personnel?
- Finland ranks 21st out of 160 countries with data for 2020.
- Is military spending per armed forces personnel rising or falling in Finland?
- Over the last ten years it is up 21.9%. The long-run trend across the full record is rising.
- Where does this Finland data come from?
- The figures come from Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data, published as part of Military spending per armed forces personnel. Statizoid updates them automatically from the source API.
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About this data
Total military expenditure divided by armed forces personnel. 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.