Expense in Finland
Finland: Expense was 44.9% in 2023. ▲ Rising
Expense in Finland, 1972–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2023, expense in Finland stood at 44.9%.
The figure is up 18.4% on the previous year and up 11.5% over ten years.
Over the whole period, expense in Finland peaked at 48.7% in 1995 and was at its lowest, 19.9%, in 1973.
That places Finland 11th out of 157 countries with data for 2023, putting it in the top 10%.
The long-run direction has been consistently rising across the 52 years of available data.
Expense in Finland, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1972 | 20.7% | — |
| 1973 | 19.9% | -3.8% |
| 1974 | 21.1% | +6.1% |
| 1975 | 24.7% | +17.2% |
| 1976 | 25.4% | +2.7% |
| 1977 | 26.2% | +3.1% |
| 1978 | 26.2% | -0.1% |
| 1979 | 26.0% | -0.7% |
| 1980 | 25.4% | -2.4% |
| 1981 | 25.8% | +1.8% |
| 1982 | 27.1% | +4.8% |
| 1983 | 28.1% | +3.8% |
| 1984 | 27.0% | -3.8% |
| 1985 | 27.8% | +3.0% |
| 1986 | 28.3% | +1.6% |
| 1987 | 28.7% | +1.7% |
| 1988 | 27.6% | -3.9% |
| 1989 | 26.9% | -2.6% |
| 1990 | 28.2% | +4.7% |
| 1991 | 34.4% | +22.3% |
| 1992 | 39.1% | +13.6% |
| 1993 | 42.0% | +7.2% |
| 1994 | 40.5% | -3.5% |
| 1995 | 48.7% | +20.3% |
| 1996 | 44.9% | -7.7% |
| 1997 | 40.3% | -10.3% |
| 1998 | 37.6% | -6.9% |
| 1999 | 36.5% | -2.8% |
| 2000 | 33.9% | -7.1% |
| 2001 | 33.3% | -1.9% |
| 2002 | 34.3% | +3.2% |
| 2003 | 34.9% | +1.7% |
| 2004 | 34.6% | -0.9% |
| 2005 | 34.7% | +0.3% |
| 2006 | 34.3% | -1.2% |
| 2007 | 32.6% | -4.8% |
| 2008 | 33.4% | +2.2% |
| 2009 | 38.2% | +14.5% |
| 2010 | 38.4% | +0.5% |
| 2011 | 38.0% | -1.1% |
| 2012 | 39.1% | +2.8% |
| 2013 | 40.3% | +3.1% |
| 2014 | 40.8% | +1.3% |
| 2015 | 40.7% | -0.3% |
| 2016 | 39.9% | -1.8% |
| 2017 | 38.2% | -4.4% |
| 2018 | 37.7% | -1.3% |
| 2019 | 37.3% | -1.0% |
| 2020 | 41.5% | +11.2% |
| 2021 | 40.1% | -3.3% |
| 2022 | 37.9% | -5.4% |
| 2023 | 44.9% | +18.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 23.8% | 19.9% | 26.2% | 8 |
| 1980s | 27.3% | 25.4% | 28.7% | 10 |
| 1990s | 39.2% | 28.2% | 48.7% | 10 |
| 2000s | 34.4% | 32.6% | 38.2% | 10 |
| 2010s | 39.0% | 37.3% | 40.8% | 10 |
| 2020s | 41.1% | 37.9% | 44.9% | 4 |
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)
- GDP (current US$), annual growth rate 6.13 % change on previous year (2025)
- GDP (current US$), per capita 56,148 current US$ per person (2025)
- GDP (current LCU), annual growth rate 1.66 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 0.885 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 49,690 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 0.1737 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8004 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 44,941 constant 2015 US$ per person (2025)
Frequently asked questions
- What is expense in Finland?
- Expense in Finland was 44.9% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Finland?
- The highest recorded value was 48.7% in 1995.
- What is the lowest expense recorded in Finland?
- The lowest recorded value was 19.9% in 1973.
- How does Finland rank for expense?
- Finland ranks 11th out of 157 countries with data for 2023.
- Is expense rising or falling in Finland?
- Over the last ten years it is up 11.5%. The long-run trend across the full record is rising.
- Where does this Finland data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.