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
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$, in 1958.
That places Finland 39th out of 162 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Military spending in Finland, year by year
| Year | constant 2024 US$ | Change |
|---|---|---|
| 1958 | 706.50 million constant 2024 US$ | — |
| 1959 | 830.47 million constant 2024 US$ | +17.5% |
| 1960 | 873.29 million constant 2024 US$ | +5.2% |
| 1961 | 1.01 billion constant 2024 US$ | +15.5% |
| 1962 | 1.42 billion constant 2024 US$ | +40.3% |
| 1963 | 1.12 billion constant 2024 US$ | -20.6% |
| 1964 | 1.11 billion constant 2024 US$ | -1.4% |
| 1965 | 1.13 billion constant 2024 US$ | +2.0% |
| 1966 | 1.11 billion constant 2024 US$ | -1.6% |
| 1967 | 1.09 billion constant 2024 US$ | -2.1% |
| 1968 | 1.24 billion constant 2024 US$ | +14.1% |
| 1969 | 1.14 billion constant 2024 US$ | -8.5% |
| 1970 | 1.21 billion constant 2024 US$ | +6.1% |
| 1971 | 1.31 billion constant 2024 US$ | +8.7% |
| 1972 | 1.51 billion constant 2024 US$ | +15.0% |
| 1973 | 1.57 billion constant 2024 US$ | +4.1% |
| 1974 | 1.48 billion constant 2024 US$ | -5.6% |
| 1975 | 1.72 billion constant 2024 US$ | +16.1% |
| 1976 | 1.52 billion constant 2024 US$ | -11.6% |
| 1977 | 1.56 billion constant 2024 US$ | +2.5% |
| 1978 | 1.62 billion constant 2024 US$ | +4.0% |
| 1979 | 1.81 billion constant 2024 US$ | +11.6% |
| 1980 | 2.11 billion constant 2024 US$ | +16.6% |
| 1981 | 1.97 billion constant 2024 US$ | -6.5% |
| 1982 | 2.15 billion constant 2024 US$ | +8.9% |
| 1983 | 2.45 billion constant 2024 US$ | +14.2% |
| 1984 | 2.26 billion constant 2024 US$ | -8.0% |
| 1985 | 2.43 billion constant 2024 US$ | +7.5% |
| 1986 | 2.59 billion constant 2024 US$ | +6.7% |
| 1987 | 2.58 billion constant 2024 US$ | -0.4% |
| 1988 | 2.72 billion constant 2024 US$ | +5.5% |
| 1989 | 2.71 billion constant 2024 US$ | -0.3% |
| 1990 | 2.76 billion constant 2024 US$ | +1.8% |
| 1991 | 2.88 billion constant 2024 US$ | +4.4% |
| 1992 | 2.94 billion constant 2024 US$ | +1.8% |
| 1993 | 2.85 billion constant 2024 US$ | -2.8% |
| 1994 | 2.81 billion constant 2024 US$ | -1.6% |
| 1995 | 2.53 billion constant 2024 US$ | -10.0% |
| 1996 | 2.80 billion constant 2024 US$ | +10.7% |
| 1997 | 3.01 billion constant 2024 US$ | +7.6% |
| 1998 | 3.07 billion constant 2024 US$ | +2.2% |
| 1999 | 2.68 billion constant 2024 US$ | -12.9% |
| 2000 | 2.83 billion constant 2024 US$ | +5.7% |
| 2001 | 2.70 billion constant 2024 US$ | -4.7% |
| 2002 | 2.75 billion constant 2024 US$ | +2.0% |
| 2003 | 3.49 billion constant 2024 US$ | +27.0% |
| 2004 | 3.70 billion constant 2024 US$ | +6.0% |
| 2005 | 3.81 billion constant 2024 US$ | +2.9% |
| 2006 | 3.88 billion constant 2024 US$ | +1.8% |
| 2007 | 3.65 billion constant 2024 US$ | -5.8% |
| 2008 | 3.94 billion constant 2024 US$ | +7.8% |
| 2009 | 4.13 billion constant 2024 US$ | +5.0% |
| 2010 | 4.04 billion constant 2024 US$ | -2.2% |
| 2011 | 4.11 billion constant 2024 US$ | +1.6% |
| 2012 | 4.16 billion constant 2024 US$ | +1.2% |
| 2013 | 4.18 billion constant 2024 US$ | +0.6% |
| 2014 | 3.97 billion constant 2024 US$ | -5.1% |
| 2015 | 4.06 billion constant 2024 US$ | +2.2% |
| 2016 | 4.07 billion constant 2024 US$ | +0.4% |
| 2017 | 4.00 billion constant 2024 US$ | -1.7% |
| 2018 | 4.12 billion constant 2024 US$ | +2.9% |
| 2019 | 4.16 billion constant 2024 US$ | +1.0% |
| 2020 | 4.34 billion constant 2024 US$ | +4.2% |
| 2021 | 4.05 billion constant 2024 US$ | -6.6% |
| 2022 | 4.94 billion constant 2024 US$ | +21.9% |
| 2023 | 6.03 billion constant 2024 US$ | +21.9% |
| 2024 | 6.50 billion constant 2024 US$ | +7.9% |
| 2025 | 7.61 billion constant 2024 US$ | +17.1% |
Finland compared with similar countries
- Finland's 7.61 billion constant 2024 US$ is above the median for high income countries, which is 6.82 billion constant 2024 US$, 1.1× the median. (54 countries reporting)
- Finland's 7.61 billion constant 2024 US$ is above the median for Europe & Central Asia, which is 2.80 billion constant 2024 US$, 2.7× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 768.48 million constant 2024 US$ | 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
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 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
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.