GDP per capita in Finland
Finland: GDP per capita was 51,699 international-$ in 2021 prices in 2023. ◆ Volatile
Latest (2023)
51,699 international-$ in 2021 prices
Change on year
down 1.8%
World rank
28th
of 184 countries
All-time high
52,717 international-$ in 2021 prices
in 2021
All-time low
7,373 international-$ in 2021 prices
in 1950
Years of data
74
1950–2023
GDP per capita in Finland, 1950–2023
Source: Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
The most recent figure for gdp per capita in Finland is 51,699 international-$ in 2021 prices, measured in 2023.
The figure is down 1.8% on the previous year and up 13.2% over ten years.
Over the whole period, gdp per capita in Finland peaked at 52,717 international-$ in 2021 prices in 2021 and was at its lowest, 7,373 international-$ in 2021 prices, in 1950.
That places Finland 28th out of 184 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP per capita in Finland, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1950 | 7,373 international-$ in 2021 prices | — |
| 1951 | 8,213 international-$ in 2021 prices | +11.4% |
| 1952 | 8,310 international-$ in 2021 prices | +1.2% |
| 1953 | 8,160 international-$ in 2021 prices | -1.8% |
| 1954 | 8,927 international-$ in 2021 prices | +9.4% |
| 1955 | 9,542 international-$ in 2021 prices | +6.9% |
| 1956 | 9,609 international-$ in 2021 prices | +0.7% |
| 1957 | 9,597 international-$ in 2021 prices | -0.1% |
| 1958 | 9,538 international-$ in 2021 prices | -0.6% |
| 1959 | 10,174 international-$ in 2021 prices | +6.7% |
| 1960 | 11,088 international-$ in 2021 prices | +9.0% |
| 1961 | 12,104 international-$ in 2021 prices | +9.2% |
| 1962 | 12,272 international-$ in 2021 prices | +1.4% |
| 1963 | 12,320 international-$ in 2021 prices | +0.4% |
| 1964 | 12,643 international-$ in 2021 prices | +2.6% |
| 1965 | 13,368 international-$ in 2021 prices | +5.7% |
| 1966 | 13,732 international-$ in 2021 prices | +2.7% |
| 1967 | 14,078 international-$ in 2021 prices | +2.5% |
| 1968 | 14,772 international-$ in 2021 prices | +4.9% |
| 1969 | 16,260 international-$ in 2021 prices | +10.1% |
| 1970 | 17,542 international-$ in 2021 prices | +7.9% |
| 1971 | 17,871 international-$ in 2021 prices | +1.9% |
| 1972 | 18,987 international-$ in 2021 prices | +6.2% |
| 1973 | 20,178 international-$ in 2021 prices | +6.3% |
| 1974 | 20,763 international-$ in 2021 prices | +2.9% |
| 1975 | 20,113 international-$ in 2021 prices | -3.1% |
| 1976 | 20,117 international-$ in 2021 prices | +0.0% |
| 1977 | 20,221 international-$ in 2021 prices | +0.5% |
| 1978 | 21,042 international-$ in 2021 prices | +4.1% |
| 1979 | 22,565 international-$ in 2021 prices | +7.2% |
| 1980 | 23,815 international-$ in 2021 prices | +5.5% |
| 1981 | 24,102 international-$ in 2021 prices | +1.2% |
| 1982 | 24,198 international-$ in 2021 prices | +0.4% |
| 1983 | 24,385 international-$ in 2021 prices | +0.8% |
| 1984 | 24,890 international-$ in 2021 prices | +2.1% |
| 1985 | 25,007 international-$ in 2021 prices | +0.5% |
| 1986 | 26,568 international-$ in 2021 prices | +6.2% |
| 1987 | 27,818 international-$ in 2021 prices | +4.7% |
| 1988 | 29,870 international-$ in 2021 prices | +7.4% |
| 1989 | 30,978 international-$ in 2021 prices | +3.7% |
| 1990 | 30,938 international-$ in 2021 prices | -0.1% |
| 1991 | 28,281 international-$ in 2021 prices | -8.6% |
| 1992 | 27,151 international-$ in 2021 prices | -4.0% |
| 1993 | 26,966 international-$ in 2021 prices | -0.7% |
| 1994 | 28,645 international-$ in 2021 prices | +6.2% |
| 1995 | 31,921 international-$ in 2021 prices | +11.4% |
| 1996 | 31,793 international-$ in 2021 prices | -0.4% |
| 1997 | 34,485 international-$ in 2021 prices | +8.5% |
| 1998 | 37,046 international-$ in 2021 prices | +7.4% |
| 1999 | 38,795 international-$ in 2021 prices | +4.7% |
| 2000 | 40,647 international-$ in 2021 prices | +4.8% |
| 2001 | 41,169 international-$ in 2021 prices | +1.3% |
| 2002 | 41,330 international-$ in 2021 prices | +0.4% |
| 2003 | 41,418 international-$ in 2021 prices | +0.2% |
| 2004 | 43,366 international-$ in 2021 prices | +4.7% |
| 2005 | 45,140 international-$ in 2021 prices | +4.1% |
| 2006 | 45,633 international-$ in 2021 prices | +1.1% |
| 2007 | 49,209 international-$ in 2021 prices | +7.8% |
| 2008 | 50,855 international-$ in 2021 prices | +3.3% |
| 2009 | 46,748 international-$ in 2021 prices | -8.1% |
| 2010 | 47,707 international-$ in 2021 prices | +2.1% |
| 2011 | 49,226 international-$ in 2021 prices | +3.2% |
| 2012 | 48,365 international-$ in 2021 prices | -1.7% |
| 2013 | 45,674 international-$ in 2021 prices | -5.6% |
| 2014 | 45,564 international-$ in 2021 prices | -0.2% |
| 2015 | 46,128 international-$ in 2021 prices | +1.2% |
| 2016 | 47,146 international-$ in 2021 prices | +2.2% |
| 2017 | 48,509 international-$ in 2021 prices | +2.9% |
| 2018 | 48,880 international-$ in 2021 prices | +0.8% |
| 2019 | 51,563 international-$ in 2021 prices | +5.5% |
| 2020 | 51,294 international-$ in 2021 prices | -0.5% |
| 2021 | 52,717 international-$ in 2021 prices | +2.8% |
| 2022 | 52,629 international-$ in 2021 prices | -0.2% |
| 2023 | 51,699 international-$ in 2021 prices | -1.8% |
Finland compared with similar countries
- Finland's 51,699 international-$ in 2021 prices is above the median for high income countries, which is 45,556 international-$ in 2021 prices, 1.1× the median. (66 countries reporting)
- Finland's 51,699 international-$ in 2021 prices is above the median for Europe & Central Asia, which is 36,158 international-$ in 2021 prices, 1.4× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 8,944 international-$ in 2021 prices | 7,373 international-$ in 2021 prices | 10,174 international-$ in 2021 prices | 10 |
| 1960s | 13,264 international-$ in 2021 prices | 11,088 international-$ in 2021 prices | 16,260 international-$ in 2021 prices | 10 |
| 1970s | 19,940 international-$ in 2021 prices | 17,542 international-$ in 2021 prices | 22,565 international-$ in 2021 prices | 10 |
| 1980s | 26,163 international-$ in 2021 prices | 23,815 international-$ in 2021 prices | 30,978 international-$ in 2021 prices | 10 |
| 1990s | 31,602 international-$ in 2021 prices | 26,966 international-$ in 2021 prices | 38,795 international-$ in 2021 prices | 10 |
| 2000s | 44,552 international-$ in 2021 prices | 40,647 international-$ in 2021 prices | 50,855 international-$ in 2021 prices | 10 |
| 2010s | 47,876 international-$ in 2021 prices | 45,564 international-$ in 2021 prices | 51,563 international-$ in 2021 prices | 10 |
| 2020s | 52,085 international-$ in 2021 prices | 51,294 international-$ in 2021 prices | 52,717 international-$ in 2021 prices | 4 |
Countries ranked near Finland
- 25 Canada 55,101 international-$ in 2021 prices compare
- 26 Kuwait 54,996 international-$ in 2021 prices compare
- 27 Bahrain 53,814 international-$ in 2021 prices compare
- 29 France 51,466 international-$ in 2021 prices compare
- 30 United Kingdom 50,690 international-$ in 2021 prices compare
- 31 Italy 50,488 international-$ in 2021 prices compare
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$), annual growth rate 24.81 % change on previous year (2025)
Frequently asked questions
- What is gdp per capita in Finland?
- Gdp per capita in Finland was 51,699 international-$ in 2021 prices in 2023, according to Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gdp per capita recorded in Finland?
- The highest recorded value was 52,717 international-$ in 2021 prices in 2021.
- What is the lowest gdp per capita recorded in Finland?
- The lowest recorded value was 7,373 international-$ in 2021 prices in 1950.
- How does Finland rank for gdp per capita?
- Finland ranks 28th out of 184 countries with data for 2023.
- Is gdp per capita rising or falling in Finland?
- Over the last ten years it is up 13.2%. The long-run trend across the full record is volatile.
- Where does this Finland data come from?
- The figures come from Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data, published as part of GDP per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 74 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Average economic output per person in a country or region per year. This data is adjusted for inflation and differences in living costs between countries.