The defence expenditure by the Central Government in Finland, expressed in billion euros, stood at 4.42 in 2023. For the period 2024 to 2028, the forecasted values show a slight, consistent decrease each year. Specifically, from 4.37 billion euros in 2024 to 4.16 billion euros by 2028.
Year-on-year variations show minimal decline:
- 2024: -1.13% from 2023
- 2025: -1.14% from 2024
- 2026: -1.16% from 2025
- 2027: -1.17% from 2026
- 2028: -1.18% from 2027
The compound annual growth rate (CAGR) over the five-year period from 2023 to 2028 is -1.16%, indicating a steady but slight contraction in defence spending.
Future trends to watch for include geopolitical tensions in the Baltic region, Finland's commitments to NATO, and potential changes in government policy that could either boost or further curtail defence expenditure.
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