Military spending, per capita in Finland

Finland: Military spending, per capita was 1,205 constant 2022 US$ per person in 2023. ▲ Rising

Latest (2023)
1,205 constant 2022 US$ per person
Change on year
up 18.2%
World rank
15th
of 171 countries
All-time high
1,205 constant 2022 US$ per person
in 2023
All-time low
147.38 constant 2022 US$ per person
in 1960
Years of data
64
1960–2023

Military spending, per capita in Finland, 1960–2023

2505007501.0k1.2k196019912023

Source: Statizoid (derived). Measured in constant 2022 US$ per person.

Analysis

In 2023, military spending, per capita in Finland stood at 1,205 constant 2022 US$ per person. That is the highest value across all 64 years on record.

Compared with earlier readings it is up 18.2% on the previous year and up 50.1% over ten years.

Over the whole period, military spending, per capita in Finland peaked at 1,205 constant 2022 US$ per person in 2023 and was at its lowest, 147.38 constant 2022 US$ per person, in 1960.

Finland ranks 15th of 171 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 64 years of available data.

Military spending, per capita in Finland, year by year

Annual values for Military spending, per capita in Finland, 1960 to 2023.
Year constant 2022 US$ per person Change
1960 147.38 constant 2022 US$ per person
1961 173.86 constant 2022 US$ per person +18.0%
1962 219.43 constant 2022 US$ per person +26.2%
1963 212.87 constant 2022 US$ per person -3.0%
1964 212.43 constant 2022 US$ per person -0.2%
1965 224.15 constant 2022 US$ per person +5.5%
1966 229 constant 2022 US$ per person +2.2%
1967 223.77 constant 2022 US$ per person -2.3%
1968 221.05 constant 2022 US$ per person -1.2%
1969 216.88 constant 2022 US$ per person -1.9%
1970 225.25 constant 2022 US$ per person +3.9%
1971 242.16 constant 2022 US$ per person +7.5%
1972 269.65 constant 2022 US$ per person +11.4%
1973 294.77 constant 2022 US$ per person +9.3%
1974 284.89 constant 2022 US$ per person -3.4%
1975 309.39 constant 2022 US$ per person +8.6%
1976 326.31 constant 2022 US$ per person +5.5%
1977 328.43 constant 2022 US$ per person +0.6%
1978 322.04 constant 2022 US$ per person -1.9%
1979 365.04 constant 2022 US$ per person +13.4%
1980 377.94 constant 2022 US$ per person +3.5%
1981 403.72 constant 2022 US$ per person +6.8%
1982 436.31 constant 2022 US$ per person +8.1%
1983 441.99 constant 2022 US$ per person +1.3%
1984 455.25 constant 2022 US$ per person +3.0%
1985 488.94 constant 2022 US$ per person +7.4%
1986 536.13 constant 2022 US$ per person +9.7%
1987 574.48 constant 2022 US$ per person +7.2%
1988 601.56 constant 2022 US$ per person +4.7%
1989 634.09 constant 2022 US$ per person +5.4%
1990 632.47 constant 2022 US$ per person -0.3%
1991 662.24 constant 2022 US$ per person +4.7%
1992 670.05 constant 2022 US$ per person +1.2%
1993 623.93 constant 2022 US$ per person -6.9%
1994 647.08 constant 2022 US$ per person +3.7%
1995 649.42 constant 2022 US$ per person +0.4%
1996 632.11 constant 2022 US$ per person -2.7%
1997 610.53 constant 2022 US$ per person -3.4%
1998 588.93 constant 2022 US$ per person -3.5%
1999 515.17 constant 2022 US$ per person -12.5%
2000 499.3 constant 2022 US$ per person -3.1%
2001 506.84 constant 2022 US$ per person +1.5%
2002 549.09 constant 2022 US$ per person +8.3%
2003 639.26 constant 2022 US$ per person +16.4%
2004 678.13 constant 2022 US$ per person +6.1%
2005 694.19 constant 2022 US$ per person +2.4%
2006 709.67 constant 2022 US$ per person +2.2%
2007 762.1 constant 2022 US$ per person +7.4%
2008 831.58 constant 2022 US$ per person +9.1%
2009 858.02 constant 2022 US$ per person +3.2%
2010 826.13 constant 2022 US$ per person -3.7%
2011 828.86 constant 2022 US$ per person +0.3%
2012 765.21 constant 2022 US$ per person -7.7%
2013 802.85 constant 2022 US$ per person +4.9%
2014 770.39 constant 2022 US$ per person -4.0%
2015 711.53 constant 2022 US$ per person -7.6%
2016 712.33 constant 2022 US$ per person +0.1%
2017 782.67 constant 2022 US$ per person +9.9%
2018 820.21 constant 2022 US$ per person +4.8%
2019 873.03 constant 2022 US$ per person +6.4%
2020 950.22 constant 2022 US$ per person +8.8%
2021 985.32 constant 2022 US$ per person +3.7%
2022 1,019 constant 2022 US$ per person +3.4%
2023 1,205 constant 2022 US$ per person +18.2%

Finland compared with similar countries

  • Finland's 1,205 constant 2022 US$ per person is above the median for high income countries, which is 726.38 constant 2022 US$ per person, 1.7× the median. (55 countries reporting)
  • Finland's 1,205 constant 2022 US$ per person is above the median for Europe & Central Asia, which is 464.99 constant 2022 US$ per person, 2.6× the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 208.08 constant 2022 US$ per person 147.38 constant 2022 US$ per person 229 constant 2022 US$ per person 10
1970s 296.79 constant 2022 US$ per person 225.25 constant 2022 US$ per person 365.04 constant 2022 US$ per person 10
1980s 495.04 constant 2022 US$ per person 377.94 constant 2022 US$ per person 634.09 constant 2022 US$ per person 10
1990s 623.19 constant 2022 US$ per person 515.17 constant 2022 US$ per person 670.05 constant 2022 US$ per person 10
2000s 672.82 constant 2022 US$ per person 499.3 constant 2022 US$ per person 858.02 constant 2022 US$ per person 10
2010s 789.32 constant 2022 US$ per person 711.53 constant 2022 US$ per person 873.03 constant 2022 US$ per person 10
2020s 1,040 constant 2022 US$ per person 950.22 constant 2022 US$ per person 1,205 constant 2022 US$ per person 4

Countries ranked near Finland

  1. 12 Denmark 1,346 constant 2022 US$ per person compare
  2. 13 Brunei 1,235 constant 2022 US$ per person compare
  3. 14 United Kingdom 1,229 constant 2022 US$ per person compare
  4. 16 Bahrain 1,107 constant 2022 US$ per person compare
  5. 17 South Korea 1,103 constant 2022 US$ per person compare
  6. 18 France 1,053 constant 2022 US$ per person compare

See the full ranking of 171 places →

More reference data data for Finland

All data for Finland →

Frequently asked questions

What is military spending, per capita in Finland?
Military spending, per capita in Finland was 1,205 constant 2022 US$ per person in 2023, according to Statizoid (derived).
What is the highest military spending, per capita recorded in Finland?
The highest recorded value was 1,205 constant 2022 US$ per person in 2023.
What is the lowest military spending, per capita recorded in Finland?
The lowest recorded value was 147.38 constant 2022 US$ per person in 1960.
How does Finland rank for military spending, per capita?
Finland ranks 15th out of 171 countries with data for 2023.
Is military spending, per capita rising or falling in Finland?
Over the last ten years it is up 50.1%. The long-run trend across the full record is rising.
Where does this Finland data come from?
The figures come from Statizoid (derived), published as part of Military spending, per capita. Statizoid updates them automatically from the source API.

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Military spending, per capita in Finland. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-per-capita-2/finland/

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How this figure is calculated

Military spending divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Military spending ÷ Population, total

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Military spending, per capita
Unit
constant 2022 US$ per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
171 places, 9,593 data points, 1960–2023
Last refreshed

Military spending divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.