Finland vs Libya: Military expenditure
Finland
6.46 billion current LCU
in 2024
Libya
7.57 billion current LCU
in 2023
Finland rank
111th
Libya rank
108th
Military expenditure over time
- Finland
- Libya
How they compare
Libya currently reports 7.57 billion current LCU against 6.46 billion current LCU in Finland, a difference of 1.11 billion current LCU.
That makes Libya's figure about 1.2 times Finland's.
The two have swapped places 1 time across 40 shared years of data; in 1960 it was Finland ahead.
Finland ranks 111th and Libya ranks 108th of 167 countries.
Across the 7 decades both report, Finland averaged higher in 5 and Libya in 2.
Head to head by decade
| Decade | Finland | Libya | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 78.55 million current LCU | 16.98 million current LCU | 61.58 million current LCU | Finland |
| 1970s | 238.50 million current LCU | 124.98 million current LCU | 113.52 million current LCU | Finland |
| 1980s | 602.33 million current LCU | 231.00 million current LCU | 371.33 million current LCU | Finland |
| 1990s | 1.67 billion current LCU | 595.67 million current LCU | 1.08 billion current LCU | Finland |
| 2000s | 2.18 billion current LCU | 787.22 million current LCU | 1.39 billion current LCU | Finland |
| 2010s | 3.07 billion current LCU | 4.53 billion current LCU | 1.46 billion current LCU | Libya |
| 2020s | 4.86 billion current LCU | 6.70 billion current LCU | 1.85 billion current LCU | Libya |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher military expenditure, Finland or Libya?
- Libya, at 7.57 billion current LCU against 6.46 billion current LCU in Finland as of 2023.
- What is the difference in military expenditure between Finland and Libya?
- 1.11 billion current LCU, with Libya ahead.
- How many years of comparable data are there for Finland and Libya?
- 40 years are reported by both, from 1960 to 2023.
- How do Finland and Libya rank globally for military expenditure?
- Finland ranks 111th and Libya ranks 108th of 167 countries.
- Where does this data come from?
- SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as Military expenditure (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Military expenditure in local currency at current prices (by calendar year)