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Finland Defense Industry Outlook 2022 - 2026

See how Finland Defense performed compared to key markets such as the United States, China and India.

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.

Finland Defense Market Data and Forecasts

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