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$, in 1985.
Finland ranks 21st of 160 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 33 years of available data.
Military spending per armed forces personnel in Finland, year by year
| Year | constant 2024 US$ | Change |
|---|---|---|
| 1985 | 66,471 constant 2024 US$ | — |
| 1989 | 69,562 constant 2024 US$ | +4.7% |
| 1990 | 89,079 constant 2024 US$ | +28.1% |
| 1991 | 90,107 constant 2024 US$ | +1.2% |
| 1992 | 88,972 constant 2024 US$ | -1.3% |
| 1993 | 92,051 constant 2024 US$ | +3.5% |
| 1994 | 80,187 constant 2024 US$ | -12.9% |
| 1995 | 73,195 constant 2024 US$ | -8.7% |
| 1996 | 77,661 constant 2024 US$ | +6.1% |
| 1997 | 87,411 constant 2024 US$ | +12.6% |
| 1998 | 87,537 constant 2024 US$ | +0.1% |
| 1999 | 76,264 constant 2024 US$ | -12.9% |
| 2000 | 80,630 constant 2024 US$ | +5.7% |
| 2001 | 76,181 constant 2024 US$ | -5.5% |
| 2002 | 78,797 constant 2024 US$ | +3.4% |
| 2003 | 116,000 constant 2024 US$ | +47.2% |
| 2004 | 119,439 constant 2024 US$ | +3.0% |
| 2005 | 122,876 constant 2024 US$ | +2.9% |
| 2006 | 121,185 constant 2024 US$ | -1.4% |
| 2007 | 114,174 constant 2024 US$ | -5.8% |
| 2008 | 123,083 constant 2024 US$ | +7.8% |
| 2009 | 165,058 constant 2024 US$ | +34.1% |
| 2010 | 161,888 constant 2024 US$ | -1.9% |
| 2011 | 164,315 constant 2024 US$ | +1.5% |
| 2012 | 166,330 constant 2024 US$ | +1.2% |
| 2013 | 167,379 constant 2024 US$ | +0.6% |
| 2014 | 158,782 constant 2024 US$ | -5.1% |
| 2015 | 162,996 constant 2024 US$ | +2.7% |
| 2016 | 168,369 constant 2024 US$ | +3.3% |
| 2017 | 160,190 constant 2024 US$ | -4.9% |
| 2018 | 163,538 constant 2024 US$ | +2.1% |
| 2019 | 154,223 constant 2024 US$ | -5.7% |
| 2020 | 197,270 constant 2024 US$ | +27.9% |
Finland compared with similar countries
- Finland's 197,270 constant 2024 US$ is above the median for high income countries, which is 131,220 constant 2024 US$, 1.5× the median. (54 countries reporting)
- Finland's 197,270 constant 2024 US$ is above the median for Europe & Central Asia, which is 55,593 constant 2024 US$, 3.5× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Military spending per armed forces personnel in Finland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +47.2% | 78,797 constant 2024 US$ | 116,000 constant 2024 US$ |
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
More reference data data for Finland
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.2998 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.1241 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 1.5 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.1748 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 1.5 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.01 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.6733 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.6503 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 6.94 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.9518 (2050)
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.
Download this data
CSV · JSON — 33 observations, free to reuse under CC BY 4.0 (Our World in Data).
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.