Key Market Indicators
Finland is set to increase defence spending over the next five years. According to estimates, expenditure is expected to reach $4.1 billion (rounded) in 2026, up 0.7% year on year since 2021. Since 1965, defence spending in Finland has risen on average by 2.3% annually. In 2021, the country ranked 44th in the world in terms of defence expenditure, overtaken by Egypt with $3.8 billion. China, India and Russia ranked 2nd, 3rd and 4th in the world respectively.