Finland vs Luxembourg: Financing of social security benefits in OECD member countries — Tax
Finland
11.75 Percentage of GDP
in 2024
Luxembourg
10.73 Percentage of GDP
in 2024
Finland rank
13th
Luxembourg rank
16th
Financing of social security benefits in OECD member countries — Tax over time
- Finland
- Luxembourg
How they compare
Finland currently reports 11.75 Percentage of GDP against 10.73 Percentage of GDP in Luxembourg, a difference of 1.02 Percentage of GDP.
That makes Finland's figure about 1.1 times Luxembourg's.
The two have swapped places 1 time across 60 shared years of data; in 1965 it was Luxembourg ahead.
Finland ranks 13th and Luxembourg ranks 16th of 33 countries.
Across the 7 decades both report, Finland averaged higher in 4 and Luxembourg in 3.
Head to head by decade
| Decade | Finland | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 2.31 Percentage of GDP | 8.34 Percentage of GDP | 6.03 Percentage of GDP | Luxembourg |
| 1970s | 5.93 Percentage of GDP | 8.59 Percentage of GDP | 2.66 Percentage of GDP | Luxembourg |
| 1980s | 8.52 Percentage of GDP | 10.12 Percentage of GDP | 1.61 Percentage of GDP | Luxembourg |
| 1990s | 12.86 Percentage of GDP | 9.71 Percentage of GDP | 3.15 Percentage of GDP | Finland |
| 2000s | 11.54 Percentage of GDP | 10.27 Percentage of GDP | 1.27 Percentage of GDP | Finland |
| 2010s | 12.32 Percentage of GDP | 10.48 Percentage of GDP | 1.84 Percentage of GDP | Finland |
| 2020s | 11.98 Percentage of GDP | 10.85 Percentage of GDP | 1.12 Percentage of GDP | Finland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financing of social security benefits in oecd member countries — tax, Finland or Luxembourg?
- Finland, at 11.75 Percentage of GDP against 10.73 Percentage of GDP in Luxembourg as of 2024.
- What is the difference in financing of social security benefits in oecd member countries — tax between Finland and Luxembourg?
- 1.02 Percentage of GDP, with Finland ahead.
- How many years of comparable data are there for Finland and Luxembourg?
- 60 years are reported by both, from 1965 to 2024.
- How do Finland and Luxembourg rank globally for financing of social security benefits in oecd member countries — tax?
- Finland ranks 13th and Luxembourg ranks 16th of 33 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Financing of social security benefits in OECD member countries — Tax revenue. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Compulsory payments conferring entitlement to future social benefits These are usually earmarked to finance social benefits and paid to institutions of general government.