In 2022, the defense budget of Finland is estimated to reach approximately 5.1 billion euros, increasing roughly 0.2 billion euros from the previous year. The HX Fighter Program accounts for the largest part of the 2022 budget with over 1,5 billion euros. It was set up to replace the current fleet of Hornets with new fighters by 2025. Payroll of the Defense Forces amounted to roughly 828 million euros, followed by cost of value added tax (VAT) with 710 million euros. The amount budgeted for military crisis management slightly increased in the shown period, with 64 million euros proposed for 2022.
Defense expenditure in Finland from 2020 to 2022, by sector
(in million euros)
Characteristic
2020
2021
2022
HX Fighter Program
6
1,480
1,523
Payroll of the Defence Forces
797
821
828
Cost of value added tax (VAT)
320
565
710
Procurement of materiel (excl. HX and Squadron 2020)
422
574
621
Materiel maintenance
412
378
363
Other military expenditure (mainly O&M spending of the Defence Forces)
335
322
307
Real estate expenditure of the Defence Forces
262
269
269
Squadron 2020
142
209
199
Upkeep of conscripts (excl. salaries)
167
170
168
Military crisis management*
58
59
64
O&M expenditure covering troop equipment
40
15
30
Other expenditure of the defence administration
18
20
19
Created with Highcharts 7.2.2Expenditure in million euros202020212022HX FighterProgramPayroll of theDefence ForcesCost of valueadded tax(VAT)Procurement ofmateriel (excl.HX andSquadron2020)MaterielmaintenanceOther militaryexpenditure(mainly O&Mspending of theDefenceForces)Real estateexpenditure ofthe DefenceForcesSquadron 2020Upkeep ofconscripts(excl. salaries)Military crisismanagement*O&Mexpenditurecovering troopequipmentOtherexpenditure ofthe defenceadministration
05001,0001,5002,000
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Ministry of Defence Finland. (September 27, 2021). Defense expenditure in Finland from 2020 to 2022, by sector (in million euros) [Graph]. In Statista. Retrieved February 25, 2025, from https://www.statista.com/statistics/530063/defence-expenditure-breakdown-finland/
Ministry of Defence Finland. "Defense expenditure in Finland from 2020 to 2022, by sector (in million euros)." Chart. September 27, 2021. Statista. Accessed February 25, 2025. https://www.statista.com/statistics/530063/defence-expenditure-breakdown-finland/
Ministry of Defence Finland. (2021). Defense expenditure in Finland from 2020 to 2022, by sector (in million euros). Statista. Statista Inc.. Accessed: February 25, 2025. https://www.statista.com/statistics/530063/defence-expenditure-breakdown-finland/
Ministry of Defence Finland. "Defense Expenditure in Finland from 2020 to 2022, by Sector (in Million Euros)." Statista, Statista Inc., 27 Sep 2021, https://www.statista.com/statistics/530063/defence-expenditure-breakdown-finland/
Ministry of Defence Finland, Defense expenditure in Finland from 2020 to 2022, by sector (in million euros) Statista, https://www.statista.com/statistics/530063/defence-expenditure-breakdown-finland/ (last visited February 25, 2025)
Defense expenditure in Finland from 2020 to 2022, by sector (in million euros) [Graph], Ministry of Defence Finland, September 27, 2021. [Online]. Available: https://www.statista.com/statistics/530063/defence-expenditure-breakdown-finland/
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