Finland Military Spending/Defense Budget 1960-2022

Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country).
  • Finland military spending/defense budget for 2020 was $4.09B, a 12.62% increase from 2019.
  • Finland military spending/defense budget for 2019 was $3.63B, a 3.39% decline from 2018.
  • Finland military spending/defense budget for 2018 was $3.76B, a 9.5% increase from 2017.
  • Finland military spending/defense budget for 2017 was $3.43B, a 0.47% increase from 2016.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
United States $778.23B
United Kingdom $59.24B
Saudi Arabia $57.52B
Germany $52.76B
France $52.75B
Japan $49.15B
South Korea $45.74B
Italy $28.92B
Australia $27.54B
Canada $22.75B
Israel $21.70B
Spain $17.43B
Poland $13.03B
Netherlands $12.58B
Singapore $10.86B
Norway $7.11B
Kuwait $6.94B
Oman $6.73B
Sweden $6.45B
Switzerland $5.70B
Belgium $5.46B
Greece $5.30B
Denmark $4.95B
Portugal $4.64B
Chile $4.60B
Finland $4.09B
Austria $3.60B
Czech Republic $3.25B
New Zealand $3.01B
Argentina $2.91B
Hungary $2.41B
Slovak Republic $1.84B
Bahrain $1.40B
Lithuania $1.17B
Uruguay $1.16B
Ireland $1.14B
Croatia $1.03B
Latvia $0.76B
Estonia $0.70B
Slovenia $0.57B
Luxembourg $0.49B
Brunei $0.44B
Cyprus $0.42B
Trinidad and Tobago $0.16B
Malta $0.08B
Seychelles $0.02B
Iceland $0.00B
Panama $0.00B
Finland Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2020 $4.09B 1.53%
2019 $3.63B 1.35%
2018 $3.76B 1.36%
2017 $3.43B 1.35%
2016 $3.42B 1.42%
2015 $3.40B 1.45%
2014 $3.99B 1.45%
2013 $4.16B 1.53%
2012 $3.94B 1.53%
2011 $4.10B 1.49%
2010 $3.72B 1.49%
2009 $3.94B 1.56%
2008 $3.96B 1.39%
2007 $3.30B 1.29%
2006 $3.13B 1.44%
2005 $3.00B 1.47%
2004 $2.89B 1.47%
2003 $2.48B 1.45%
2002 $1.61B 1.15%
2001 $1.48B 1.14%
2000 $1.56B 1.24%
1999 $1.65B 1.22%
1998 $1.96B 1.46%
1997 $1.95B 1.54%
1996 $2.02B 1.53%
1995 $1.91B 1.42%
1994 $1.76B 1.76%
1993 $1.62B 1.87%
1992 $2.08B 1.91%
1991 $2.20B 1.78%
1990 $2.14B 1.56%
1989 $1.77B 1.53%
1988 $1.70B 1.61%
1987 $1.46B 1.65%
1986 $1.22B 1.72%
1985 $0.91B 1.68%
1984 $0.83B 1.60%
1983 $0.91B 1.82%
1982 $0.84B 1.64%
1981 $0.79B 1.55%
1980 $0.87B 1.67%
1979 $0.64B 1.48%
1978 $0.51B 1.43%
1977 $0.46B 1.41%
1976 $0.42B 1.34%
1975 $0.43B 1.51%
1974 $0.31B 1.27%
1973 $0.28B 1.45%
1972 $0.22B 1.53%
1971 $0.18B 1.45%
1970 $0.15B 1.38%
1969 $0.14B 1.44%
1968 $0.15B 1.76%
1967 $0.15B 1.62%
1966 $0.15B 1.71%
1965 $0.15B 1.80%
1964 $0.14B 1.86%
1963 $0.13B 1.93%
1962 $0.15B 2.51%
1961 $0.11B 1.84%
1960 $0.09B 1.77%