Ahti Karjalainen's first cabinet was the 47th government of Republic of Finland. Cabinet's time period was from April 13, 1962 to December 18, 1963. It was a majority government. Social Democratic Union of Workers and Smallholders left the government in October 1963.

Assembly
Minister Period of office Party
Prime Minister
Ahti Karjalainen
Johannes Virolainen, deputy
April 13, 1962 – December 18, 1963
April 13, 1962 – December 18, 1963
Agrarian League
Minister at the Council of State
Olavi J. Mattila
November 1, 1963 – December 18, 1963 Independent
Minister of Foreign Affairs
Veli Merikoski
April 13, 1962 – December 18, 1963 People's Party
Deputy Minister of Foreign Affairs
Olavi J. Mattila
November 1, 1963 – December 18, 1963 Independent
Minister of Justice
Johan Otto Söderhjelm
April 13, 1962 – December 18, 1963 Swedish People's Party
Minister of Defence
Arvo Pentti
April 13, 1962 – December 18, 1963 Agrarian League
Minister of the Interior
Eeli Erkkilä
Niilo Ryhtä
April 13, 1962 -February 8, 1963
February 8, 1963 – December 18, 1963
Agrarian League
Agrarian League
Minister of Finance
Osmo P. Karttunen
Mauno Jussila
April 13, 1962 – December 18, 1963
April 13, 1962 – December 18, 1963
National Coalition Party
Agrarian League
Deputy Minister of Finance
Onni Koski
Johan Otto Söderhjelm
Mauno Jussila
April 13, 1962 – October 18, 1963
September 21, 1962 – November 1, 1963
November 1, 1963 – December 13, 1963
Social Democratic Union of Workers and Smallholders
Swedish People's Party
Agrarian League
Minister of Education
Armi Hosia
April 13, 1962 – December 18, 1963 People's Party of Finland
Minister of Agriculture
Johannes Virolainen
April 13, 1962 – December 18, 1963 Agrarian League
Deputy Minister of Agriculture
Verner Korsbäck
April 13, 1962 – December 18, 1963 Swedish People's Party
Minister of Transport and Public Works
Veikko Savela
April 13, 1962 – December 18, 1963 Agrarian League
Deputy Minister of Transport and Public Works
Onni Närvänen
Olavi Lahtela
April 13, 1962 -October 18, 1963
November 1, 1963 – December 18, 1963
Social Democratic Union of Workers and Smallholders
Agrarian League
Minister of Trade and Industry
Toivo Wiherheimo
April 13, 1962 – December 18, 1963 National Coalition Party
Minister of Social Affairs
Olavi Saarinen
Kyllikki Pohjala
April 13, 1962 – October 18, 1963
October 18, 1963 -December 18, 1963
Social Democratic Union of Workers and Smallholders
National Coalition Party
Deputy Minister of Social Affairs
Kyllikki Pohjala
April 13, 1962 -October 18, 1963 National Coalition Party
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