Military spending, per unit of GDP in Finland
Finland: Military spending, per unit of GDP was 0.0228 constant 2022 US$ per US$ of GDP in 2023. ◆ Volatile
Latest (2023)
0.0228 constant 2022 US$ per US$ of GDP
Change on year
up 12.8%
World rank
54th
of 170 countries
All-time high
0.1538 constant 2022 US$ per US$ of GDP
in 1962
All-time low
0.0154 constant 2022 US$ per US$ of GDP
in 2014
Years of data
64
1960–2023
Military spending, per unit of GDP in Finland, 1960–2023
Source: Statizoid (derived). Measured in constant 2022 US$ per US$ of GDP.
Analysis
Finland recorded 0.0228 constant 2022 US$ per US$ of GDP for military spending, per unit of gdp in 2023.
That represents a change of up 12.8% on the previous year and up 41.1% over ten years.
Over the whole period, military spending, per unit of gdp in Finland peaked at 0.1538 constant 2022 US$ per US$ of GDP in 1962 and was at its lowest, 0.0154 constant 2022 US$ per US$ of GDP, in 2014.
Finland ranks 54th of 170 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Military spending, per unit of GDP in Finland, year by year
| Year | constant 2022 US$ per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.1237 constant 2022 US$ per US$ of GDP | — |
| 1961 | 0.1296 constant 2022 US$ per US$ of GDP | +4.8% |
| 1962 | 0.1538 constant 2022 US$ per US$ of GDP | +18.7% |
| 1963 | 0.1384 constant 2022 US$ per US$ of GDP | -10.0% |
| 1964 | 0.1231 constant 2022 US$ per US$ of GDP | -11.0% |
| 1965 | 0.1178 constant 2022 US$ per US$ of GDP | -4.3% |
| 1966 | 0.1127 constant 2022 US$ per US$ of GDP | -4.3% |
| 1967 | 0.1089 constant 2022 US$ per US$ of GDP | -3.4% |
| 1968 | 0.1147 constant 2022 US$ per US$ of GDP | +5.4% |
| 1969 | 0.0985 constant 2022 US$ per US$ of GDP | -14.1% |
| 1970 | 0.0913 constant 2022 US$ per US$ of GDP | -7.3% |
| 1971 | 0.0891 constant 2022 US$ per US$ of GDP | -2.4% |
| 1972 | 0.0849 constant 2022 US$ per US$ of GDP | -4.8% |
| 1973 | 0.0706 constant 2022 US$ per US$ of GDP | -16.8% |
| 1974 | 0.0538 constant 2022 US$ per US$ of GDP | -23.9% |
| 1975 | 0.0495 constant 2022 US$ per US$ of GDP | -8.0% |
| 1976 | 0.0484 constant 2022 US$ per US$ of GDP | -2.1% |
| 1977 | 0.0465 constant 2022 US$ per US$ of GDP | -4.0% |
| 1978 | 0.0422 constant 2022 US$ per US$ of GDP | -9.1% |
| 1979 | 0.0391 constant 2022 US$ per US$ of GDP | -7.3% |
| 1980 | 0.0337 constant 2022 US$ per US$ of GDP | -13.9% |
| 1981 | 0.037 constant 2022 US$ per US$ of GDP | +9.8% |
| 1982 | 0.0399 constant 2022 US$ per US$ of GDP | +8.0% |
| 1983 | 0.0421 constant 2022 US$ per US$ of GDP | +5.6% |
| 1984 | 0.042 constant 2022 US$ per US$ of GDP | -0.2% |
| 1985 | 0.0429 constant 2022 US$ per US$ of GDP | +2.1% |
| 1986 | 0.0359 constant 2022 US$ per US$ of GDP | -16.4% |
| 1987 | 0.0309 constant 2022 US$ per US$ of GDP | -13.7% |
| 1988 | 0.0273 constant 2022 US$ per US$ of GDP | -11.8% |
| 1989 | 0.0265 constant 2022 US$ per US$ of GDP | -3.1% |
| 1990 | 0.0223 constant 2022 US$ per US$ of GDP | -15.7% |
| 1991 | 0.026 constant 2022 US$ per US$ of GDP | +16.5% |
| 1992 | 0.03 constant 2022 US$ per US$ of GDP | +15.5% |
| 1993 | 0.0355 constant 2022 US$ per US$ of GDP | +18.2% |
| 1994 | 0.0319 constant 2022 US$ per US$ of GDP | -10.0% |
| 1995 | 0.0247 constant 2022 US$ per US$ of GDP | -22.5% |
| 1996 | 0.0245 constant 2022 US$ per US$ of GDP | -0.8% |
| 1997 | 0.0247 constant 2022 US$ per US$ of GDP | +0.8% |
| 1998 | 0.0227 constant 2022 US$ per US$ of GDP | -8.4% |
| 1999 | 0.0197 constant 2022 US$ per US$ of GDP | -13.1% |
| 2000 | 0.0205 constant 2022 US$ per US$ of GDP | +4.3% |
| 2001 | 0.0203 constant 2022 US$ per US$ of GDP | -1.0% |
| 2002 | 0.0203 constant 2022 US$ per US$ of GDP | +0.2% |
| 2003 | 0.0194 constant 2022 US$ per US$ of GDP | -4.6% |
| 2004 | 0.018 constant 2022 US$ per US$ of GDP | -7.5% |
| 2005 | 0.0178 constant 2022 US$ per US$ of GDP | -1.0% |
| 2006 | 0.0172 constant 2022 US$ per US$ of GDP | -3.1% |
| 2007 | 0.0157 constant 2022 US$ per US$ of GDP | -8.7% |
| 2008 | 0.0155 constant 2022 US$ per US$ of GDP | -1.6% |
| 2009 | 0.0181 constant 2022 US$ per US$ of GDP | +16.9% |
| 2010 | 0.0178 constant 2022 US$ per US$ of GDP | -1.7% |
| 2011 | 0.0162 constant 2022 US$ per US$ of GDP | -8.6% |
| 2012 | 0.0161 constant 2022 US$ per US$ of GDP | -0.9% |
| 2013 | 0.0162 constant 2022 US$ per US$ of GDP | +0.4% |
| 2014 | 0.0154 constant 2022 US$ per US$ of GDP | -4.8% |
| 2015 | 0.0167 constant 2022 US$ per US$ of GDP | +8.7% |
| 2016 | 0.0164 constant 2022 US$ per US$ of GDP | -1.9% |
| 2017 | 0.017 constant 2022 US$ per US$ of GDP | +3.6% |
| 2018 | 0.0165 constant 2022 US$ per US$ of GDP | -2.7% |
| 2019 | 0.0181 constant 2022 US$ per US$ of GDP | +9.3% |
| 2020 | 0.0195 constant 2022 US$ per US$ of GDP | +7.8% |
| 2021 | 0.0186 constant 2022 US$ per US$ of GDP | -4.6% |
| 2022 | 0.0202 constant 2022 US$ per US$ of GDP | +8.9% |
| 2023 | 0.0228 constant 2022 US$ per US$ of GDP | +12.8% |
Finland compared with similar countries
- Finland's 0.0228 constant 2022 US$ per US$ of GDP is above the median for high income countries, which is 0.0189 constant 2022 US$ per US$ of GDP, 1.2× the median. (55 countries reporting)
- Finland's 0.0228 constant 2022 US$ per US$ of GDP is above the median for Europe & Central Asia, which is 0.0185 constant 2022 US$ per US$ of GDP, 1.2× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.1221 constant 2022 US$ per US$ of GDP | 0.0985 constant 2022 US$ per US$ of GDP | 0.1538 constant 2022 US$ per US$ of GDP | 10 |
| 1970s | 0.0615 constant 2022 US$ per US$ of GDP | 0.0391 constant 2022 US$ per US$ of GDP | 0.0913 constant 2022 US$ per US$ of GDP | 10 |
| 1980s | 0.0358 constant 2022 US$ per US$ of GDP | 0.0265 constant 2022 US$ per US$ of GDP | 0.0429 constant 2022 US$ per US$ of GDP | 10 |
| 1990s | 0.0262 constant 2022 US$ per US$ of GDP | 0.0197 constant 2022 US$ per US$ of GDP | 0.0355 constant 2022 US$ per US$ of GDP | 10 |
| 2000s | 0.0183 constant 2022 US$ per US$ of GDP | 0.0155 constant 2022 US$ per US$ of GDP | 0.0205 constant 2022 US$ per US$ of GDP | 10 |
| 2010s | 0.0166 constant 2022 US$ per US$ of GDP | 0.0154 constant 2022 US$ per US$ of GDP | 0.0181 constant 2022 US$ per US$ of GDP | 10 |
| 2020s | 0.0203 constant 2022 US$ per US$ of GDP | 0.0186 constant 2022 US$ per US$ of GDP | 0.0228 constant 2022 US$ per US$ of GDP | 4 |
Countries ranked near Finland
- 51 France 0.0235 constant 2022 US$ per US$ of GDP compare
- 52 Congo 0.0234 constant 2022 US$ per US$ of GDP compare
- 53 Iran 0.0228 constant 2022 US$ per US$ of GDP compare
- 55 Guinea 0.0227 constant 2022 US$ per US$ of GDP compare
- 56 Australia 0.0225 constant 2022 US$ per US$ of GDP compare
- 57 Serbia 0.0224 constant 2022 US$ per US$ of GDP compare
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 unit of gdp in Finland?
- Military spending, per unit of gdp in Finland was 0.0228 constant 2022 US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest military spending, per unit of gdp recorded in Finland?
- The highest recorded value was 0.1538 constant 2022 US$ per US$ of GDP in 1962.
- What is the lowest military spending, per unit of gdp recorded in Finland?
- The lowest recorded value was 0.0154 constant 2022 US$ per US$ of GDP in 2014.
- How does Finland rank for military spending, per unit of gdp?
- Finland ranks 54th out of 170 countries with data for 2023.
- Is military spending, per unit of gdp rising or falling in Finland?
- Over the last ten years it is up 41.1%. The long-run trend across the full record is volatile.
- Where does this Finland data come from?
- The figures come from Statizoid (derived), published as part of Military spending, per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Military spending ÷ GDP (current US$)
Computed from
- Military spending Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.