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Finland - Military Spending 1963

Name: Finland Military Spending 1963
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Military expenditure as % of GDP · World Bank

1.93% −0.59% from 1962 Global rank: 25th

Finland's military spending was 1.93% in 1963, decreased +0.59% from 2.51% in 1962. This was the 25th highest globally.

Global Ranking - 1963▾

Military Spending by Country - 1963
Rank	Country	Value	YoY
1st	Mauritius	0.14%	-
2nd	Kenya	0.21%	167.1%
3rd	Somalia, Fed. Rep.	0.29%	14.0%
4th	Uganda	0.37%	226.0%
5th	Burundi	0.43%	-89.0%
6th	Mexico	0.72%	4.2%
7th	Sierra Leone	0.76%	6.8%
8th	Togo	0.84%	53.6%
9th	Sri Lanka	0.90%	-17.1%
10th	Japan	0.90%	2.3%
11th	Honduras	0.93%	-5.7%
12th	Côte d'Ivoire	1.00%	-21.7%
13th	Luxembourg	1.07%	-8.2%
14th	Nigeria	1.10%	0.6%
15th	Guatemala	1.17%	12.2%
16th	Ireland	1.24%	-3.7%
17th	Bolivia, Plurinational State of	1.33%	14.5%
18th	Madagascar	1.46%	-5.0%
19th	Tunisia	1.51%	-12.8%
20th	Austria	1.58%	16.8%
21st	Argentina	1.68%	-36.8%
22nd	Benin	1.74%	-0.8%
23rd	Ecuador	1.77%	-13.7%
24th	Philippines	1.86%	2.6%
25th	Finland	1.93%	-23.3%
26th	Spain	1.97%	-13.1%
27th	Ghana	2.02%	0.8%
28th	South Africa	2.06%	-8.4%
29th	Sudan	2.15%	4.4%
30th	New Zealand	2.20%	-4.8%
31st	Brazil	2.26%	-5.7%
32nd	Burkina Faso	2.38%	1.6%
33rd	Paraguay	2.40%	4.4%
34th	Libya	2.41%	-22.4%
35th	Malaysia	2.42%	10.7%
36th	Australia	2.45%	3.5%
37th	Algeria	2.51%	30.6%
38th	Switzerland	2.52%	-2.0%
39th	Iran, Islamic Republic of	2.59%	12.3%
40th	Thailand	2.62%	-0.5%
41st	Mali	2.65%	-8.5%
42nd	Italy	2.75%	4.5%
43rd	Chile	2.87%	-5.9%
44th	Denmark	3.04%	0.8%
45th	Morocco	3.20%	24.5%
46th	Norway	3.21%	-1.0%
47th	Belgium	3.22%	-2.1%
48th	Peru	3.32%	36.8%
49th	Türkiye	3.39%	-8.7%
50th	Colombia	3.52%	13.4%
51st	Canada	3.62%	-9.5%
52nd	Pakistan	3.65%	-0.2%
53rd	Greece	3.82%	-5.5%
54th	Dominican Republic	3.87%	-10.5%
55th	European Union	3.95%	0.1%
56th	Portugal	3.96%	-6.4%
57th	Sweden	3.97%	2.7%
58th	Netherlands	4.01%	-2.7%
59th	India	4.03%	46.6%
60th	France	4.74%	-8.1%
61st	Korea	4.82%	-29.8%
62nd	Germany	4.88%	9.0%
63rd	Saudi Arabia	5.90%	-
64th	United Kingdom	6.80%	-2.1%
65th	Myanmar	6.85%	20.3%
66th	Iraq	8.25%	19.4%
67th	Egypt, Arab Republic of	8.66%	29.8%
68th	United States	8.83%	-5.4%
69th	Israel	9.75%	6.5%
70th	Jordan	17.12%	-5.7%

FAQ

What was Finland's military spending in 1963?▾

Finland's military spending in 1963 was 1.93%. This ranked 25th globally.

How did Finland's military spending change in 1963?▾

Finland's military spending decreased by 23.3% in 1963 compared to 1962.

Which country had the highest military spending in 1963?▾

Jordan had the highest military spending in 1963 at 17.12%.

What is the military spending of Finland in 1963?▾

The military spending of Finland in 1963 was 1.93%. This ranked 25th globally.

How does 1963 compare to 1962 for Finland's military spending?▾

Finland's military spending went from 2.51% in 1962 to 1.93% in 1963, a 23.3% decrease.

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