Gross public sector debt as a share of gross domestic product in Finland
Finland: Gross public sector debt as a share of gross domestic product was 68.8% in 2024. ▲ Rising
Gross public sector debt as a share of gross domestic product in Finland, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
Finland recorded 68.8% for gross public sector debt as a share of gross domestic product in 2024. That is the highest value across all 25 years on record.
That represents a change of up 7.4% on the previous year and up 25.1% over ten years.
Over the whole period, gross public sector debt as a share of gross domestic product in Finland peaked at 68.8% in 2024 and was at its lowest, 31.0%, in 2008.
Finland ranks 20th of 49 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Gross public sector debt as a share of gross domestic product in Finland, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 50.4% | — |
| 2001 | 45.8% | -9.1% |
| 2002 | 42.8% | -6.5% |
| 2003 | 44.5% | +4.0% |
| 2004 | 42.8% | -3.9% |
| 2005 | 39.2% | -8.4% |
| 2006 | 36.5% | -6.8% |
| 2007 | 32.5% | -11.1% |
| 2008 | 31.0% | -4.6% |
| 2009 | 39.0% | +25.9% |
| 2010 | 44.5% | +14.0% |
| 2011 | 46.8% | +5.2% |
| 2012 | 50.4% | +7.7% |
| 2013 | 52.4% | +4.0% |
| 2014 | 55.0% | +5.0% |
| 2015 | 57.4% | +4.3% |
| 2016 | 57.2% | -0.3% |
| 2017 | 55.6% | -2.9% |
| 2018 | 53.5% | -3.8% |
| 2019 | 52.9% | -1.2% |
| 2020 | 61.0% | +15.4% |
| 2021 | 59.6% | -2.3% |
| 2022 | 60.4% | +1.3% |
| 2023 | 64.1% | +6.2% |
| 2024 | 68.8% | +7.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 40.4% | 31.0% | 50.4% | 10 |
| 2010s | 52.6% | 44.5% | 57.4% | 10 |
| 2020s | 62.8% | 59.6% | 68.8% | 5 |
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)
- Manufacturing, value added (current US$), per unit of GDP 0.1424 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 7,996 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 0.126 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 7,076 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.1115 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 6,261 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 5,685 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 4.93 % change on previous year (2025)
Frequently asked questions
- What is gross public sector debt as a share of gross domestic product in Finland?
- Gross public sector debt as a share of gross domestic product in Finland was 68.8% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest gross public sector debt as a share of gross domestic product recorded in Finland?
- The highest recorded value was 68.8% in 2024.
- What is the lowest gross public sector debt as a share of gross domestic product recorded in Finland?
- The lowest recorded value was 31.0% in 2008.
- How does Finland rank for gross public sector debt as a share of gross domestic product?
- Finland ranks 20th out of 49 countries with data for 2024.
- Is gross public sector debt as a share of gross domestic product rising or falling in Finland?
- Over the last ten years it is up 25.1%. The long-run trend across the full record is rising.
- Where does this Finland data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Gross public sector debt as a share of gross domestic product. Statizoid updates them automatically from the source API.
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About this data
Gross public sector debt, Central Government, as a proportion of GDP (%).