Finland Military Spending
Defense budget and military expenditure data (1958–2027)
Data updated: July 7, 2026
Key Facts (2026 estimate)
Military Expenditure
$8.0 billion
Ranked #37 of 153 countries worldwide
Percent of GDP
2.5%
Ranked #53 of 163 countries by % of GDP
Year-over-Year Change
+5.0%
From $7.6B in 2025
Historical Peak Spending
$8.4 billion
Reached in 2027
Finland Defense Budget Summary
In 2026, Finland is estimated to have spent $8.0 billion on military and defense, representing 2.5% of the country's Gross Domestic Product (GDP). This budget covers the armed forces including army, navy, and air force expenditures. Finland is the #37 highest military spender in the world by absolute spending.
Compared to the previous year (2025), defense spending increased by 5.0%, from $7.6 billion to $8.0 billion. This change in the military budget reflects growing defense priorities.
The highest percentage of GDP allocated to defense spending was 2.7% in 2027. The historical average military budget is 1.6% of GDP.
Data source: SIPRI Military Expenditure Database. Values are in constant 2024 US dollars. Data for 2026 is an estimate based on government budget announcements.
Historical Military Spending
Military Spending (% of GDP)
Military Spending (USD Billions, 2024 prices)
Historical Data
| Year | Percent of GDP | USD (millions) |
|---|---|---|
| 2027(estimate) | 2.70% | $8,376M |
| 2026(estimate) | 2.50% | $7,995M |
| 2025 | 2.57% | $7,614M |
| 2024 | 2.18% | $6,503M |
| 2023 | 2.01% | $6,026M |
| 2022 | 1.59% | $4,941M |
| 2021 | 1.30% | $4,054M |
| 2020 | 1.44% | $4,340M |
| 2019 | 1.36% | $4,164M |
| 2018 | 1.37% | $4,121M |
| 2017 | 1.36% | $4,005M |
| 2016 | 1.43% | $4,075M |
| 2015 | 1.46% | $4,059M |
| 2014 | 1.46% | $3,970M |
| 2013 | 1.54% | $4,184M |
| 2012 | 1.53% | $4,158M |
| 2011 | 1.49% | $4,108M |
| 2010 | 1.49% | $4,043M |
| 2009 | 1.56% | $4,135M |
| 2008 | 1.39% | $3,939M |
| 2007 | 1.29% | $3,654M |
| 2006 | 1.44% | $3,878M |
| 2005 | 1.46% | $3,809M |
| 2004 | 1.47% | $3,703M |
| 2003 | 1.45% | $3,492M |
| 2002 | 1.15% | $2,750M |
| 2001 | 1.14% | $2,697M |
| 2000 | 1.24% | $2,830M |
| 1999 | 1.22% | $2,677M |
| 1998 | 1.46% | $3,073M |
| 1997 | 1.54% | $3,007M |
| 1996 | 1.53% | $2,796M |
| 1995 | 1.42% | $2,525M |
| 1994 | 1.76% | $2,807M |
| 1993 | 1.87% | $2,854M |
| 1992 | 1.91% | $2,936M |
| 1991 | 1.78% | $2,883M |
| 1990 | 1.56% | $2,761M |
| 1989 | 1.53% | $2,713M |
| 1988 | 1.61% | $2,720M |
| 1987 | 1.65% | $2,578M |
| 1986 | 1.72% | $2,589M |
| 1985 | 1.68% | $2,426M |
| 1984 | 1.60% | $2,258M |
| 1983 | 1.82% | $2,455M |
| 1982 | 1.64% | $2,149M |
| 1981 | 1.55% | $1,973M |
| 1980 | 1.67% | $2,110M |
| 1979 | 1.48% | $1,809M |
| 1978 | 1.43% | $1,621M |
| 1977 | 1.41% | $1,558M |
| 1976 | 1.34% | $1,520M |
| 1975 | 1.51% | $1,718M |
| 1974 | 1.27% | $1,480M |
| 1973 | 1.45% | $1,569M |
| 1972 | 1.53% | $1,506M |
| 1971 | 1.45% | $1,310M |
| 1970 | 1.38% | $1,205M |
| 1969 | 1.44% | $1,136M |
| 1968 | 1.76% | $1,242M |
| 1967 | 1.62% | $1,089M |
| 1966 | 1.71% | $1,112M |
| 1965 | 1.80% | $1,131M |
| 1964 | 1.86% | $1,109M |
| 1963 | 1.93% | $1,124M |
| 1962 | 2.51% | $1,416M |
| 1961 | 1.84% | $1,009M |
| 1960 | 1.77% | $873M |
| 1959 | 1.87% | $830M |
| 1958 | 1.71% | $706M |