Military spending in Finland

Finland: Military spending was 7.61 billion constant 2024 US$ in 2025. ◆ Volatile

Latest (2025)
7.61 billion constant 2024 US$
Change on year
up 17.1%
World rank
39th
of 162 countries
All-time high
7.61 billion constant 2024 US$
in 2025
All-time low
706.50 million constant 2024 US$
in 1958
Years of data
68
1958–2025

Military spending in Finland, 1958–2025

02.0B4.0B6.0B8.0B195819912025

Source: Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data. Measured in constant 2024 US$.

Analysis

The most recent figure for military spending in Finland is 7.61 billion constant 2024 US$, measured in 2025. That is the highest value across all 68 years on record.

The figure is up 17.1% on the previous year and up 87.6% over ten years.

Over the whole period, military spending in Finland peaked at 7.61 billion constant 2024 US$ in 2025 and was at its lowest, 706.50 million constant 2024 US$, in 1958.

That places Finland 39th out of 162 countries with data for 2025, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1950s 768.48 million constant 2024 US$ 706.50 million constant 2024 US$ 830.47 million constant 2024 US$ 2
1960s 1.12 billion constant 2024 US$ 873.29 million constant 2024 US$ 1.42 billion constant 2024 US$ 10
1970s 1.53 billion constant 2024 US$ 1.21 billion constant 2024 US$ 1.81 billion constant 2024 US$ 10
1980s 2.40 billion constant 2024 US$ 1.97 billion constant 2024 US$ 2.72 billion constant 2024 US$ 10
1990s 2.83 billion constant 2024 US$ 2.53 billion constant 2024 US$ 3.07 billion constant 2024 US$ 10
2000s 3.49 billion constant 2024 US$ 2.70 billion constant 2024 US$ 4.13 billion constant 2024 US$ 10
2010s 4.09 billion constant 2024 US$ 3.97 billion constant 2024 US$ 4.18 billion constant 2024 US$ 10
2020s 5.58 billion constant 2024 US$ 4.05 billion constant 2024 US$ 7.61 billion constant 2024 US$ 6

Countries ranked near Finland

  1. 36 Romania 8.81 billion constant 2024 US$ compare
  2. 37 Kuwait 7.92 billion constant 2024 US$ compare
  3. 38 Greece 7.81 billion constant 2024 US$ compare
  4. 40 Iran 7.45 billion constant 2024 US$ compare
  5. 41 Switzerland 7.15 billion constant 2024 US$ compare
  6. 42 Czechia 6.49 billion constant 2024 US$ compare

See the full ranking of 162 places →

More reference data data for Finland

All data for Finland →

Frequently asked questions

What is military spending in Finland?
Military spending in Finland was 7.61 billion constant 2024 US$ in 2025, according to Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data.
What is the highest military spending recorded in Finland?
The highest recorded value was 7.61 billion constant 2024 US$ in 2025.
What is the lowest military spending recorded in Finland?
The lowest recorded value was 706.50 million constant 2024 US$ in 1958.
How does Finland rank for military spending?
Finland ranks 39th out of 162 countries with data for 2025.
Is military spending rising or falling in Finland?
Over the last ten years it is up 87.6%. The long-run trend across the full record is volatile.
Where does this Finland data come from?
The figures come from Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 68 observations, free to reuse under CC BY 4.0 (Our World in Data).

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.