Divergence of GDP per capita among latecomers to the capitalist revolution in Finland
Finland: Divergence of GDP per capita among latecomers to the capitalist revolution was 38,897 2011$ in 2018. ◆ Volatile
Latest (2018)
38,897 2011$
Change on year
up 1.4%
World rank
21st
of 145 countries
All-time high
40,130 2011$
in 2008
All-time low
1,191 2011$
in 1600
Years of data
166
1600–2018
Divergence of GDP per capita among latecomers to the capitalist revolution in Finland, 1600–2018
Source: Maddison Project Database (2018) – processed by Our World in Data. Measured in 2011$.
Analysis
In 2018, divergence of gdp per capita among latecomers to the capitalist revolution in Finland stood at 38,897 2011$.
Compared with earlier readings it is up 1.4% on the previous year and down 3.1% over ten years.
Over the whole period, divergence of gdp per capita among latecomers to the capitalist revolution in Finland peaked at 40,130 2011$ in 2008 and was at its lowest, 1,191 2011$, in 1600.
That places Finland 21st out of 145 countries with data for 2018, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Divergence of GDP per capita among latecomers to the capitalist revolution in Finland, year by year
| Year | 2011$ | Change |
|---|---|---|
| 1600 | 1,191 2011$ | — |
| 1650 | 1,246 2011$ | +4.6% |
| 1700 | 1,331 2011$ | +6.8% |
| 1750 | 1,486 2011$ | +11.6% |
| 1800 | 1,213 2011$ | -18.4% |
| 1820 | 1,313 2011$ | +8.2% |
| 1850 | 1,519 2011$ | +15.7% |
| 1860 | 1,522 2011$ | +0.2% |
| 1861 | 1,527 2011$ | +0.3% |
| 1862 | 1,428 2011$ | -6.5% |
| 1863 | 1,527 2011$ | +6.9% |
| 1864 | 1,545 2011$ | +1.2% |
| 1865 | 1,516 2011$ | -1.9% |
| 1866 | 1,527 2011$ | +0.7% |
| 1867 | 1,412 2011$ | -7.5% |
| 1868 | 1,599 2011$ | +13.2% |
| 1869 | 1,755 2011$ | +9.8% |
| 1870 | 1,817 2011$ | +3.5% |
| 1871 | 1,796 2011$ | -1.2% |
| 1872 | 1,825 2011$ | +1.6% |
| 1873 | 1,902 2011$ | +4.2% |
| 1874 | 1,919 2011$ | +0.9% |
| 1875 | 1,930 2011$ | +0.6% |
| 1876 | 2,007 2011$ | +4.0% |
| 1877 | 1,930 2011$ | -3.8% |
| 1878 | 1,870 2011$ | -3.1% |
| 1879 | 1,860 2011$ | -0.5% |
| 1880 | 1,841 2011$ | -1.0% |
| 1881 | 1,769 2011$ | -3.9% |
| 1882 | 1,918 2011$ | +8.4% |
| 1883 | 1,961 2011$ | +2.2% |
| 1884 | 1,943 2011$ | -0.9% |
| 1885 | 1,962 2011$ | +1.0% |
| 1886 | 2,034 2011$ | +3.7% |
| 1887 | 2,034 2011$ | +0.0% |
| 1888 | 2,075 2011$ | +2.0% |
| 1889 | 2,115 2011$ | +1.9% |
| 1890 | 2,201 2011$ | +4.1% |
| 1891 | 2,152 2011$ | -2.2% |
| 1892 | 2,040 2011$ | -5.2% |
| 1893 | 2,138 2011$ | +4.8% |
| 1894 | 2,230 2011$ | +4.3% |
| 1895 | 2,378 2011$ | +6.6% |
| 1896 | 2,503 2011$ | +5.3% |
| 1897 | 2,589 2011$ | +3.4% |
| 1898 | 2,659 2011$ | +2.7% |
| 1899 | 2,562 2011$ | -3.6% |
| 1900 | 2,659 2011$ | +3.8% |
| 1901 | 2,608 2011$ | -1.9% |
| 1902 | 2,536 2011$ | -2.8% |
| 1903 | 2,687 2011$ | +6.0% |
| 1904 | 2,759 2011$ | +2.7% |
| 1905 | 2,777 2011$ | +0.7% |
| 1906 | 2,860 2011$ | +3.0% |
| 1907 | 2,923 2011$ | +2.2% |
| 1908 | 2,915 2011$ | -0.3% |
| 1909 | 3,003 2011$ | +3.0% |
| 1910 | 3,038 2011$ | +1.2% |
| 1911 | 3,091 2011$ | +1.7% |
| 1912 | 3,223 2011$ | +4.3% |
| 1913 | 3,365 2011$ | +4.4% |
| 1914 | 3,190 2011$ | -5.2% |
| 1915 | 3,000 2011$ | -6.0% |
| 1916 | 3,017 2011$ | +0.6% |
| 1917 | 2,520 2011$ | -16.5% |
| 1918 | 2,184 2011$ | -13.3% |
| 1919 | 2,643 2011$ | +21.0% |
| 1920 | 2,942 2011$ | +11.3% |
| 1921 | 3,003 2011$ | +2.1% |
| 1922 | 3,280 2011$ | +9.2% |
| 1923 | 3,486 2011$ | +6.3% |
| 1924 | 3,545 2011$ | +1.7% |
| 1925 | 3,711 2011$ | +4.7% |
| 1926 | 3,813 2011$ | +2.7% |
| 1927 | 4,076 2011$ | +6.9% |
| 1928 | 4,315 2011$ | +5.9% |
| 1929 | 4,331 2011$ | +0.4% |
| 1930 | 4,250 2011$ | -1.9% |
| 1931 | 4,114 2011$ | -3.2% |
| 1932 | 4,065 2011$ | -1.2% |
| 1933 | 4,307 2011$ | +6.0% |
| 1934 | 4,763 2011$ | +10.6% |
| 1935 | 4,930 2011$ | +3.5% |
| 1936 | 5,227 2011$ | +6.0% |
| 1937 | 5,485 2011$ | +4.9% |
| 1938 | 5,721 2011$ | +4.3% |
| 1939 | 5,432 2011$ | -5.1% |
| 1940 | 5,133 2011$ | -5.5% |
| 1941 | 5,295 2011$ | +3.2% |
| 1942 | 5,303 2011$ | +0.2% |
| 1943 | 5,893 2011$ | +11.1% |
| 1944 | 5,874 2011$ | -0.3% |
| 1945 | 5,499 2011$ | -6.4% |
| 1946 | 5,871 2011$ | +6.8% |
| 1947 | 5,925 2011$ | +0.9% |
| 1948 | 6,307 2011$ | +6.4% |
| 1949 | 6,604 2011$ | +4.7% |
| 1950 | 6,779 2011$ | +2.6% |
| 1951 | 7,286 2011$ | +7.5% |
| 1952 | 7,450 2011$ | +2.3% |
| 1953 | 7,415 2011$ | -0.5% |
| 1954 | 7,973 2011$ | +7.5% |
| 1955 | 8,284 2011$ | +3.9% |
| 1956 | 8,440 2011$ | +1.9% |
| 1957 | 8,751 2011$ | +3.7% |
| 1958 | 8,725 2011$ | -0.3% |
| 1959 | 9,172 2011$ | +5.1% |
| 1960 | 9,931 2011$ | +8.3% |
| 1961 | 10,613 2011$ | +6.9% |
| 1962 | 10,869 2011$ | +2.4% |
| 1963 | 11,148 2011$ | +2.6% |
| 1964 | 11,647 2011$ | +4.5% |
| 1965 | 12,226 2011$ | +5.0% |
| 1966 | 12,471 2011$ | +2.0% |
| 1967 | 12,667 2011$ | +1.6% |
| 1968 | 12,900 2011$ | +1.8% |
| 1969 | 14,151 2011$ | +9.7% |
| 1970 | 15,266 2011$ | +7.9% |
| 1971 | 15,565 2011$ | +2.0% |
| 1972 | 16,654 2011$ | +7.0% |
| 1973 | 17,669 2011$ | +6.1% |
| 1974 | 18,109 2011$ | +2.5% |
| 1975 | 18,237 2011$ | +0.7% |
| 1976 | 18,104 2011$ | -0.7% |
| 1977 | 18,100 2011$ | -0.0% |
| 1978 | 18,425 2011$ | +1.8% |
| 1979 | 19,657 2011$ | +6.7% |
| 1980 | 20,640 2011$ | +5.0% |
| 1981 | 20,935 2011$ | +1.4% |
| 1982 | 21,495 2011$ | +2.7% |
| 1983 | 21,944 2011$ | +2.1% |
| 1984 | 22,486 2011$ | +2.5% |
| 1985 | 23,148 2011$ | +2.9% |
| 1986 | 23,621 2011$ | +2.0% |
| 1987 | 24,519 2011$ | +3.8% |
| 1988 | 25,644 2011$ | +4.6% |
| 1989 | 27,012 2011$ | +5.3% |
| 1990 | 26,884 2011$ | -0.5% |
| 1991 | 25,175 2011$ | -6.4% |
| 1992 | 24,220 2011$ | -3.8% |
| 1993 | 23,944 2011$ | -1.1% |
| 1994 | 24,798 2011$ | +3.6% |
| 1995 | 25,762 2011$ | +3.9% |
| 1996 | 26,637 2011$ | +3.4% |
| 1997 | 28,240 2011$ | +6.0% |
| 1998 | 29,715 2011$ | +5.2% |
| 1999 | 30,987 2011$ | +4.3% |
| 2000 | 32,690 2011$ | +5.5% |
| 2001 | 33,482 2011$ | +2.4% |
| 2002 | 33,987 2011$ | +1.5% |
| 2003 | 34,607 2011$ | +1.8% |
| 2004 | 35,889 2011$ | +3.7% |
| 2005 | 36,787 2011$ | +2.5% |
| 2006 | 38,161 2011$ | +3.7% |
| 2007 | 39,998 2011$ | +4.8% |
| 2008 | 40,130 2011$ | +0.3% |
| 2009 | 36,663 2011$ | -8.6% |
| 2010 | 37,615 2011$ | +2.6% |
| 2011 | 38,432 2011$ | +2.2% |
| 2012 | 37,704 2011$ | -1.9% |
| 2013 | 37,246 2011$ | -1.2% |
| 2014 | 36,858 2011$ | -1.0% |
| 2015 | 36,836 2011$ | -0.1% |
| 2016 | 37,239 2011$ | +1.1% |
| 2017 | 38,367 2011$ | +3.0% |
| 2018 | 38,897 2011$ | +1.4% |
Finland compared with similar countries
- Finland's 38,897 2011$ is above the median for high income countries, which is 35,336 2011$, 1.1× the median. (51 countries reporting)
- Finland's 38,897 2011$ is above the median for Europe & Central Asia, which is 27,056 2011$, 1.4× the median. (44 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1600s | 1,191 2011$ | 1,191 2011$ | 1,191 2011$ | 1 |
| 1650s | 1,246 2011$ | 1,246 2011$ | 1,246 2011$ | 1 |
| 1700s | 1,331 2011$ | 1,331 2011$ | 1,331 2011$ | 1 |
| 1750s | 1,486 2011$ | 1,486 2011$ | 1,486 2011$ | 1 |
| 1800s | 1,213 2011$ | 1,213 2011$ | 1,213 2011$ | 1 |
| 1820s | 1,313 2011$ | 1,313 2011$ | 1,313 2011$ | 1 |
| 1850s | 1,519 2011$ | 1,519 2011$ | 1,519 2011$ | 1 |
| 1860s | 1,536 2011$ | 1,412 2011$ | 1,755 2011$ | 10 |
| 1870s | 1,886 2011$ | 1,796 2011$ | 2,007 2011$ | 10 |
| 1880s | 1,965 2011$ | 1,769 2011$ | 2,115 2011$ | 10 |
| 1890s | 2,345 2011$ | 2,040 2011$ | 2,659 2011$ | 10 |
| 1900s | 2,773 2011$ | 2,536 2011$ | 3,003 2011$ | 10 |
| 1910s | 2,927 2011$ | 2,184 2011$ | 3,365 2011$ | 10 |
| 1920s | 3,650 2011$ | 2,942 2011$ | 4,331 2011$ | 10 |
| 1930s | 4,829 2011$ | 4,065 2011$ | 5,721 2011$ | 10 |
| 1940s | 5,770 2011$ | 5,133 2011$ | 6,604 2011$ | 10 |
| 1950s | 8,028 2011$ | 6,779 2011$ | 9,172 2011$ | 10 |
| 1960s | 11,862 2011$ | 9,931 2011$ | 14,151 2011$ | 10 |
| 1970s | 17,579 2011$ | 15,266 2011$ | 19,657 2011$ | 10 |
| 1980s | 23,144 2011$ | 20,640 2011$ | 27,012 2011$ | 10 |
| 1990s | 26,636 2011$ | 23,944 2011$ | 30,987 2011$ | 10 |
| 2000s | 36,239 2011$ | 32,690 2011$ | 40,130 2011$ | 10 |
| 2010s | 37,688 2011$ | 36,836 2011$ | 38,897 2011$ | 9 |
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 6.68 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0211 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,183 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -285.87 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -103.27 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0009 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -50.63 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 24.81 % change on previous year (2025)
Frequently asked questions
- What is divergence of gdp per capita among latecomers to the capitalist revolution in Finland?
- Divergence of gdp per capita among latecomers to the capitalist revolution in Finland was 38,897 2011$ in 2018, according to Maddison Project Database (2018) – processed by Our World in Data.
- What is the highest divergence of gdp per capita among latecomers to the capitalist revolution recorded in Finland?
- The highest recorded value was 40,130 2011$ in 2008.
- What is the lowest divergence of gdp per capita among latecomers to the capitalist revolution recorded in Finland?
- The lowest recorded value was 1,191 2011$ in 1600.
- How does Finland rank for divergence of gdp per capita among latecomers to the capitalist revolution?
- Finland ranks 21st out of 145 countries with data for 2018.
- Is divergence of gdp per capita among latecomers to the capitalist revolution rising or falling in Finland?
- Over the last ten years it is down 3.1%. The long-run trend across the full record is volatile.
- Where does this Finland data come from?
- The figures come from Maddison Project Database (2018) – processed by Our World in Data, published as part of Divergence of GDP per capita among latecomers to the capitalist revolution. Statizoid updates them automatically from the source API.
Download this data
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About this data
Unit 1 'The capitalist revolution: prosperity, inequality, and planetary limits’ in The CORE Team, The Economy 2.0 Microeconomics. Available at: https://tinyco.re/4329598 [Figure 1.19]