Adjusted savings: education expenditure in Finland
Finland: Adjusted savings: education expenditure was 17.32 billion current US$ in 2021. ◆ Volatile
Latest (2021)
17.32 billion current US$
Change on year
up 9.6%
World rank
33rd
of 195 countries
All-time high
18.29 billion current US$
in 2014
All-time low
561.94 million current US$
in 1970
Years of data
52
1970–2021
Adjusted savings: education expenditure in Finland, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
Finland recorded 17.32 billion current US$ for adjusted savings: education expenditure in 2021.
That represents a change of up 9.6% on the previous year and up 4.0% over ten years.
Over the whole period, adjusted savings: education expenditure in Finland peaked at 18.29 billion current US$ in 2014 and was at its lowest, 561.94 million current US$, in 1970.
Finland ranks 33rd of 195 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: education expenditure in Finland, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 561.94 million current US$ | — |
| 1971 | 619.52 million current US$ | +10.2% |
| 1972 | 668.86 million current US$ | +8.0% |
| 1973 | 883.12 million current US$ | +32.0% |
| 1974 | 1.08 billion current US$ | +21.9% |
| 1975 | 1.45 billion current US$ | +34.8% |
| 1976 | 1.63 billion current US$ | +12.4% |
| 1977 | 1.78 billion current US$ | +8.9% |
| 1978 | 1.92 billion current US$ | +8.3% |
| 1979 | 2.01 billion current US$ | +4.4% |
| 1980 | 2.42 billion current US$ | +20.6% |
| 1981 | 2.41 billion current US$ | -0.6% |
| 1982 | 2.36 billion current US$ | -1.7% |
| 1983 | 2.33 billion current US$ | -1.5% |
| 1984 | 2.37 billion current US$ | +1.6% |
| 1985 | 2.67 billion current US$ | +12.8% |
| 1986 | 3.59 billion current US$ | +34.7% |
| 1987 | 4.56 billion current US$ | +27.0% |
| 1988 | 5.34 billion current US$ | +16.9% |
| 1989 | 5.76 billion current US$ | +7.9% |
| 1990 | 7.23 billion current US$ | +25.6% |
| 1991 | 7.83 billion current US$ | +8.3% |
| 1992 | 7.24 billion current US$ | -7.6% |
| 1993 | 6.46 billion current US$ | -10.7% |
| 1994 | 6.85 billion current US$ | +5.9% |
| 1995 | 8.86 billion current US$ | +29.4% |
| 1996 | 8.78 billion current US$ | -0.9% |
| 1997 | 8.71 billion current US$ | -0.8% |
| 1998 | 8.46 billion current US$ | -2.9% |
| 1999 | 7.43 billion current US$ | -12.1% |
| 2000 | 6.76 billion current US$ | -9.0% |
| 2001 | 7.06 billion current US$ | +4.4% |
| 2002 | 7.82 billion current US$ | +10.8% |
| 2003 | 9.66 billion current US$ | +23.6% |
| 2004 | 11.18 billion current US$ | +15.6% |
| 2005 | 11.56 billion current US$ | +3.5% |
| 2006 | 11.98 billion current US$ | +3.6% |
| 2007 | 13.63 billion current US$ | +13.7% |
| 2008 | 15.57 billion current US$ | +14.2% |
| 2009 | 15.42 billion current US$ | -0.9% |
| 2010 | 15.34 billion current US$ | -0.6% |
| 2011 | 16.65 billion current US$ | +8.6% |
| 2012 | 17.52 billion current US$ | +5.2% |
| 2013 | 18.21 billion current US$ | +4.0% |
| 2014 | 18.29 billion current US$ | +0.4% |
| 2015 | 15.03 billion current US$ | -17.8% |
| 2016 | 15.04 billion current US$ | +0.1% |
| 2017 | 14.80 billion current US$ | -1.6% |
| 2018 | 15.83 billion current US$ | +6.9% |
| 2019 | 15.43 billion current US$ | -2.5% |
| 2020 | 15.80 billion current US$ | +2.4% |
| 2021 | 17.32 billion current US$ | +9.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.26 billion current US$ | 561.94 million current US$ | 2.01 billion current US$ | 10 |
| 1980s | 3.38 billion current US$ | 2.33 billion current US$ | 5.76 billion current US$ | 10 |
| 1990s | 7.78 billion current US$ | 6.46 billion current US$ | 8.86 billion current US$ | 10 |
| 2000s | 11.06 billion current US$ | 6.76 billion current US$ | 15.57 billion current US$ | 10 |
| 2010s | 16.21 billion current US$ | 14.80 billion current US$ | 18.29 billion current US$ | 10 |
| 2020s | 16.56 billion current US$ | 15.80 billion current US$ | 17.32 billion current US$ | 2 |
Countries ranked near Finland
More economy & growth data for Finland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.48 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.51 Percent per annum (2029)
- Net primary income (Net income from abroad) (current LCU), annual 908.76 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 7.96 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1277 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 7,171 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 3.41 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.113 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 6,346 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.1394 (1998)
Frequently asked questions
- What is adjusted savings: education expenditure in Finland?
- Adjusted savings: education expenditure in Finland was 17.32 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in Finland?
- The highest recorded value was 18.29 billion current US$ in 2014.
- What is the lowest adjusted savings: education expenditure recorded in Finland?
- The lowest recorded value was 561.94 million current US$ in 1970.
- How does Finland rank for adjusted savings: education expenditure?
- Finland ranks 33rd out of 195 countries with data for 2021.
- Is adjusted savings: education expenditure rising or falling in Finland?
- Over the last ten years it is up 4.0%. The long-run trend across the full record is volatile.
- Where does this Finland data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: education expenditure (current US$). Statizoid updates them automatically from the source API.
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About this data
Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.