Defense budget in Finland 2019-2021, by sector

In 2021, the defense budget of Finland is estimated to reach approximately 4.9 billion euros, increasing roughly 1.7 billion euros from the previous year. The HX Fighter Program accounts for the largest part of the 2021 budget with nearly 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 815 million euros, followed by procurement of materiel with 575 million euros (excluding HX and Squadron 2020). The amount budgeted for military crisis management slightly increased in the shown period, with 59 million euros proposed for 2021.