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Finland: Military expenditure (% of GDP)

In , Finland's Military expenditure (% of GDP) was 2.30.

That's up 14.6% from 2023, the highest value on record.

The global average for this indicator in 2024 was 2.20 . Finland ranks #40 globally out of 147 reporting countries. Within Europe & Central Asia, it ranks #13 of 46.

Source: World Bank Open Data (MS.MIL.XPND.GD.ZS) • Data as of 2024

Trend (2005–2024)

Finland Military expenditure (% of GDP) trend

Highlights

Peak
2.30
Trough
1.29
1-year change
+14.6%
5-year change
+68.9%
+11.1% / yr
10-year change
+57.6%
+4.7% / yr

Historical Data — Last 10 Years

Year Military expenditure (% of GDP)
2.2998
2.0075
1.5885
1.3024
1.4358
1.3613
1.3717
1.3609
1.4315
1.4582

About Military expenditure (% of GDP)

Military expenditure by country as percentage of gross domestic product

Indicator code: MS.MIL.XPND.GD.ZSCategory: Public Sector

Frequently asked questions

What was Finland's Military expenditure (% of GDP) in 2024?
In 2024, Finland's Military expenditure (% of GDP) was 2.30, according to World Bank Open Data.
Is Finland's Military expenditure (% of GDP) rising or falling?
Finland's Military expenditure (% of GDP) rose 14.6% from 2023 to 2024.
How does Finland rank globally on Military expenditure (% of GDP)?
In 2024, Finland ranked #40 out of 147 countries reporting Military expenditure (% of GDP).
How does Finland's Military expenditure (% of GDP) compare to the world average?
The global average for Military expenditure (% of GDP) in 2024 was 2.20, so Finland is above the world average. Within Europe & Central Asia, it ranks #13 of 46.
What is Military expenditure (% of GDP) and how is it measured?
Military expenditure by country as percentage of gross domestic product
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Source: World Bank Open Data (MS.MIL.XPND.GD.ZS), CC BY 4.0.