Finland - Military expenditure

Military expenditure (current USD)

The latest value for Military expenditure (current USD) in Finland was 4,087,541,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 4,161,140,000 in 2013 and 89,557,620 in 1960.

Definition: 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). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another).

Source: Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.

See also:

Year Value
1960 89,557,620
1961 105,351,000
1962 154,403,300
1963 128,576,500
1964 139,910,600
1965 149,572,400
1966 152,916,800
1967 146,661,700
1968 150,060,000
1969 140,292,000
1970 152,891,300
1971 177,615,100
1972 220,831,900
1973 276,967,800
1974 308,807,800
1975 433,161,400
1976 416,956,400
1977 461,857,000
1978 506,869,400
1979 642,602,900
1980 873,508,600
1981 790,880,900
1982 844,911,300
1983 905,188,900
1984 826,070,200
1985 911,349,600
1986 1,223,271,000
1987 1,462,232,000
1988 1,704,331,000
1989 1,766,586,000
1990 2,141,301,000
1991 2,200,991,000
1992 2,075,956,000
1993 1,615,425,000
1994 1,756,339,000
1995 1,908,987,000
1996 2,021,797,000
1997 1,947,003,000
1998 1,959,709,000
1999 1,653,905,000
2000 1,558,135,000
2001 1,479,271,000
2002 1,611,406,000
2003 2,475,060,000
2004 2,892,938,000
2005 2,999,391,000
2006 3,128,517,000
2007 3,296,558,000
2008 3,958,118,000
2009 3,940,585,000
2010 3,717,180,000
2011 4,099,506,000
2012 3,943,240,000
2013 4,161,140,000
2014 3,985,508,000
2015 3,399,135,000
2016 3,415,008,000
2017 3,431,090,000
2018 3,756,949,000
2019 3,629,646,000
2020 4,087,541,000

Military expenditure (current LCU)

The value for Military expenditure (current LCU) in Finland was 3,547,000,000 as of 2019. As the graph below shows, over the past 59 years this indicator reached a maximum value of 3,547,000,000 in 2019 and a minimum value of 48,200,000 in 1960.

Definition: 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). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.)

Source: Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.

Year Value
1960 48,200,000
1961 56,700,000
1962 83,100,000
1963 69,200,000
1964 75,300,000
1965 80,500,000
1966 82,300,000
1967 85,100,000
1968 106,000,000
1969 99,100,000
1970 108,000,000
1971 125,000,000
1972 154,000,000
1973 178,000,000
1974 196,000,000
1975 268,000,000
1976 271,000,000
1977 313,000,000
1978 351,000,000
1979 421,000,000
1980 548,000,000
1981 574,000,000
1982 685,000,000
1983 848,000,000
1984 835,000,000
1985 950,000,000
1986 1,043,000,000
1987 1,081,000,000
1988 1,199,000,000
1989 1,275,000,000
1990 1,377,000,000
1991 1,497,000,000
1992 1,564,000,000
1993 1,552,000,000
1994 1,543,000,000
1995 1,402,000,000
1996 1,562,000,000
1997 1,700,000,000
1998 1,761,400,000
1999 1,552,400,000
2000 1,691,200,000
2001 1,653,100,000
2002 1,712,200,000
2003 2,192,987,000
2004 2,329,871,000
2005 2,411,870,000
2006 2,493,870,000
2007 2,408,590,000
2008 2,702,108,000
2009 2,836,602,000
2010 2,806,639,000
2011 2,949,000,000
2012 3,069,000,000
2013 3,134,000,000
2014 3,004,000,000
2015 3,065,000,000
2016 3,088,000,000
2017 3,058,000,000
2018 3,183,000,000
2019 3,547,000,000

Military expenditure (% of GDP)

Military expenditure (% of GDP) in Finland was 1.53 as of 2020. Its highest value over the past 60 years was 2.51 in 1962, while its lowest value was 1.14 in 2001.

Definition: 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). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.)

Source: Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.

See also:

Year Value
1960 1.77
1961 1.84
1962 2.51
1963 1.93
1964 1.86
1965 1.80
1966 1.71
1967 1.62
1968 1.76
1969 1.44
1970 1.38
1971 1.45
1972 1.53
1973 1.45
1974 1.27
1975 1.51
1976 1.34
1977 1.41
1978 1.43
1979 1.48
1980 1.67
1981 1.55
1982 1.64
1983 1.82
1984 1.60
1985 1.68
1986 1.72
1987 1.65
1988 1.61
1989 1.53
1990 1.56
1991 1.78
1992 1.91
1993 1.87
1994 1.76
1995 1.42
1996 1.53
1997 1.54
1998 1.46
1999 1.22
2000 1.24
2001 1.14
2002 1.15
2003 1.45
2004 1.47
2005 1.47
2006 1.44
2007 1.29
2008 1.39
2009 1.56
2010 1.49
2011 1.49
2012 1.53
2013 1.53
2014 1.45
2015 1.45
2016 1.42
2017 1.35
2018 1.36
2019 1.35
2020 1.53

Military expenditure (% of general government expenditure)

Military expenditure (% of general government expenditure) in Finland was 2.55 as of 2020. Its highest value over the past 32 years was 3.22 in 1990, while its lowest value was 2.37 in 1995.

Definition: 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). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.)

Source: Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.

See also:

Year Value
1988 3.15
1989 3.17
1990 3.22
1991 3.09
1992 3.03
1993 2.85
1994 2.74
1995 2.37
1996 2.62
1997 2.79
1998 2.85
1999 2.45
2000 2.64
2001 2.47
2002 2.43
2003 2.99
2004 3.05
2005 2.98
2006 2.99
2007 2.76
2008 2.91
2009 2.89
2010 2.77
2011 2.78
2012 2.75
2013 2.70
2014 2.53
2015 2.57
2016 2.55
2017 2.52
2018 2.55
2019 2.53
2020 2.55

Classification

Topic: Public Sector Indicators

Sub-Topic: Defense & arms trade