Adjusted savings: education expenditure in Finland
Finland: Adjusted savings: education expenditure was 5.7% in 2021. ▲ Rising
Adjusted savings: education expenditure in Finland, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
Finland recorded 5.7% for adjusted savings: education expenditure in 2021.
That represents a change of down 5.0% over ten years.
Over the whole period, adjusted savings: education expenditure in Finland peaked at 7.6% in 1993 and was at its lowest, 4.3%, in 1974.
Finland ranks 36th of 200 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 52 years of available data.
Adjusted savings: education expenditure in Finland, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 4.9% | — |
| 1971 | 4.9% | +0.0% |
| 1972 | 4.5% | -8.2% |
| 1973 | 4.5% | +0.0% |
| 1974 | 4.3% | -4.4% |
| 1975 | 4.9% | +14.0% |
| 1976 | 5.1% | +4.1% |
| 1977 | 5.3% | +3.9% |
| 1978 | 5.3% | +0.0% |
| 1979 | 4.5% | -15.0% |
| 1980 | 4.5% | +0.0% |
| 1981 | 4.6% | +2.2% |
| 1982 | 4.5% | -2.2% |
| 1983 | 4.6% | +2.2% |
| 1984 | 4.5% | -2.2% |
| 1985 | 4.8% | +6.7% |
| 1986 | 4.9% | +2.1% |
| 1987 | 5.0% | +2.0% |
| 1988 | 4.9% | -2.0% |
| 1989 | 4.9% | +0.0% |
| 1990 | 5.2% | +6.1% |
| 1991 | 6.3% | +21.2% |
| 1992 | 6.7% | +6.3% |
| 1993 | 7.6% | +13.4% |
| 1994 | 6.9% | -9.2% |
| 1995 | 6.8% | -1.4% |
| 1996 | 6.8% | +0.0% |
| 1997 | 7.0% | +2.4% |
| 1998 | 6.4% | -7.6% |
| 1999 | 5.5% | -13.8% |
| 2000 | 5.4% | -2.7% |
| 2001 | 5.5% | +0.9% |
| 2002 | 5.5% | +1.8% |
| 2003 | 5.7% | +2.0% |
| 2004 | 5.6% | -0.8% |
| 2005 | 5.6% | +0.0% |
| 2006 | 5.5% | -2.7% |
| 2007 | 5.3% | -3.1% |
| 2008 | 5.4% | +2.6% |
| 2009 | 6.0% | +10.5% |
| 2010 | 6.1% | +1.0% |
| 2011 | 6.0% | -0.8% |
| 2012 | 6.8% | +12.1% |
| 2013 | 6.7% | -1.0% |
| 2014 | 6.6% | -1.4% |
| 2015 | 6.3% | -3.7% |
| 2016 | 6.2% | -2.0% |
| 2017 | 5.8% | -7.0% |
| 2018 | 5.7% | -1.2% |
| 2019 | 5.7% | -0.0% |
| 2020 | 5.7% | +0.0% |
| 2021 | 5.7% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.8% | 4.3% | 5.3% | 10 |
| 1980s | 4.7% | 4.5% | 5.0% | 10 |
| 1990s | 6.5% | 5.2% | 7.6% | 10 |
| 2000s | 5.6% | 5.3% | 6.0% | 10 |
| 2010s | 6.2% | 5.7% | 6.8% | 10 |
| 2020s | 5.7% | 5.7% | 5.7% | 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)
- Exports of goods and services (current LCU), annual growth rate 2.69 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 0.3746 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 21,032 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 3.41 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.3416 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 19,178 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 5.08 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2183 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: education expenditure in Finland?
- Adjusted savings: education expenditure in Finland was 5.7% 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 7.6% in 1993.
- What is the lowest adjusted savings: education expenditure recorded in Finland?
- The lowest recorded value was 4.3% in 1974.
- How does Finland rank for adjusted savings: education expenditure?
- Finland ranks 36th out of 200 countries with data for 2021.
- Is adjusted savings: education expenditure rising or falling in Finland?
- Over the last ten years it is down 5.0%. The long-run trend across the full record is rising.
- Where does this Finland data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: education expenditure (% of GNI). 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 as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.