Finland - Defence Budget on R&D
Since 2014, Finland Defence Budget on R&D was up 2.9points year on year. In 2019, the country was number 16 comparing other countries in Defence Budget on R&D at 2.47 Percent of Total GBARD. Finland is overtaken by Sweden, which was number 15 at 2.82 Percent of Total GBARD and is followed by Slovakia at 1.99 Percent of Total GBARD. United States ranked the highest with 46.66 Percent of Total GBARD in 2019, that is a fall of 0.1points compared to 2018. Turkey, South Korea and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. Greece witnessed the best average annual growth at +65.5points per year, while Switzerland was the worst growing country at -18.9points per year.
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Date | Percent of Total GBARD |
---|---|
2019 | 2.47 |
2018 | 2.43 |
2017 | 2.21 |
2016 | 1.93 |
2015 | 1.86 |
How does Finland rank in Defence Budget on R&D?
# | 34 Countries | Percent of Total GBARD | Last | YoY | 5‑years CAGR | ||
---|---|---|---|---|---|---|---|
1 |
#1
United States
|
46.66 % | 2019 | -0.1 % | +2.6 % | View data | |
2 |
#2
Turkey
|
20.78 % | 2020 | +11.0 % | +14.2 % | View data | |
15 |
#15
Sweden
|
2.82 % | 2019 | -24.5 % | -5.5 % | View data | |
16 |
#16
Finland
|
2.47 % | 2019 | +1.6 % | +2.9 % | View data | |
17 |
#17
Slovakia
|
1.99 % | 2019 | +7.6 % | +7.8 % | View data |