Social security contributions and payroll taxes paid by government in in Finland
Finland: Social security contributions and payroll taxes paid by government in was 2.3 Percentage of GDP in 2024. ▲ Rising
Latest (2024)
2.3 Percentage of GDP
Change on year
down 3.4%
World rank
5th
of 34 countries
All-time high
3.74 Percentage of GDP
in 1992
All-time low
0.2956 Percentage of GDP
in 1970
Years of data
55
1970–2024
Social security contributions and payroll taxes paid by government in in Finland, 1970–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
The most recent figure for social security contributions and payroll taxes paid by government in in Finland is 2.3 Percentage of GDP, measured in 2024.
The figure is down 3.4% on the previous year and down 24.3% over ten years.
Over the whole period, social security contributions and payroll taxes paid by government in in Finland peaked at 3.74 Percentage of GDP in 1992 and was at its lowest, 0.2956 Percentage of GDP, in 1970.
That places Finland 5th out of 34 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Social security contributions and payroll taxes paid by government in in Finland, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 1970 | 0.2956 Percentage of GDP | — |
| 1971 | 0.4959 Percentage of GDP | +67.8% |
| 1972 | 0.4841 Percentage of GDP | -2.4% |
| 1973 | 0.4972 Percentage of GDP | +2.7% |
| 1974 | 0.5118 Percentage of GDP | +2.9% |
| 1975 | 0.7922 Percentage of GDP | +54.8% |
| 1976 | 0.6483 Percentage of GDP | -18.2% |
| 1977 | 0.6793 Percentage of GDP | +4.8% |
| 1978 | 0.6845 Percentage of GDP | +0.8% |
| 1979 | 0.6882 Percentage of GDP | +0.5% |
| 1980 | 0.7115 Percentage of GDP | +3.4% |
| 1981 | 0.6871 Percentage of GDP | -3.4% |
| 1982 | 0.7527 Percentage of GDP | +9.5% |
| 1983 | 0.8054 Percentage of GDP | +7.0% |
| 1984 | 0.8393 Percentage of GDP | +4.2% |
| 1985 | 1.15 Percentage of GDP | +36.9% |
| 1986 | 1.07 Percentage of GDP | -6.9% |
| 1987 | 1.06 Percentage of GDP | -0.9% |
| 1988 | 1.76 Percentage of GDP | +66.2% |
| 1989 | 1.85 Percentage of GDP | +4.7% |
| 1990 | 2.13 Percentage of GDP | +15.5% |
| 1991 | 3.53 Percentage of GDP | +65.8% |
| 1992 | 3.74 Percentage of GDP | +6.0% |
| 1993 | 3.54 Percentage of GDP | -5.5% |
| 1994 | 3.38 Percentage of GDP | -4.4% |
| 1995 | 3.28 Percentage of GDP | -3.0% |
| 1996 | 3.27 Percentage of GDP | -0.5% |
| 1997 | 2.91 Percentage of GDP | -10.8% |
| 1998 | 2.88 Percentage of GDP | -1.2% |
| 1999 | 2.81 Percentage of GDP | -2.5% |
| 2000 | 2.76 Percentage of GDP | -1.6% |
| 2001 | 2.72 Percentage of GDP | -1.4% |
| 2002 | 2.81 Percentage of GDP | +3.1% |
| 2003 | 2.86 Percentage of GDP | +1.8% |
| 2004 | 2.87 Percentage of GDP | +0.2% |
| 2005 | 2.93 Percentage of GDP | +2.4% |
| 2006 | 2.86 Percentage of GDP | -2.5% |
| 2007 | 2.78 Percentage of GDP | -2.7% |
| 2008 | 2.84 Percentage of GDP | +2.0% |
| 2009 | 3.05 Percentage of GDP | +7.5% |
| 2010 | 2.96 Percentage of GDP | -3.0% |
| 2011 | 2.93 Percentage of GDP | -1.1% |
| 2012 | 3 Percentage of GDP | +2.6% |
| 2013 | 3.05 Percentage of GDP | +1.5% |
| 2014 | 3.04 Percentage of GDP | -0.3% |
| 2015 | 2.95 Percentage of GDP | -2.9% |
| 2016 | 2.82 Percentage of GDP | -4.4% |
| 2017 | 2.42 Percentage of GDP | -14.1% |
| 2018 | 2.34 Percentage of GDP | -3.5% |
| 2019 | 2.3 Percentage of GDP | -1.7% |
| 2020 | 2.35 Percentage of GDP | +2.3% |
| 2021 | 2.38 Percentage of GDP | +1.0% |
| 2022 | 2.29 Percentage of GDP | -3.7% |
| 2023 | 2.38 Percentage of GDP | +4.0% |
| 2024 | 2.3 Percentage of GDP | -3.4% |
Finland compared with similar countries
- Finland's 2.3 Percentage of GDP is above the median for Europe & Central Asia, which is 1.44 Percentage of GDP, 1.6× the median. (24 countries reporting)
- Finland's 2.3 Percentage of GDP is above the median for high income countries, which is 0.8832 Percentage of GDP, 2.6× the median. (32 countries reporting)
Biggest year-on-year movements
Years where Social security contributions and payroll taxes paid by government in in Finland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1971 | +67.8% | 0.2956 Percentage of GDP | 0.4959 Percentage of GDP |
| 1988 | +66.2% | 1.06 Percentage of GDP | 1.76 Percentage of GDP |
| 1991 | +65.8% | 2.13 Percentage of GDP | 3.53 Percentage of GDP |
| 1975 | +54.8% | 0.5118 Percentage of GDP | 0.7922 Percentage of GDP |
| 1985 | +36.9% | 0.8393 Percentage of GDP | 1.15 Percentage of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.5777 Percentage of GDP | 0.2956 Percentage of GDP | 0.7922 Percentage of GDP | 10 |
| 1980s | 1.07 Percentage of GDP | 0.6871 Percentage of GDP | 1.85 Percentage of GDP | 10 |
| 1990s | 3.15 Percentage of GDP | 2.13 Percentage of GDP | 3.74 Percentage of GDP | 10 |
| 2000s | 2.85 Percentage of GDP | 2.72 Percentage of GDP | 3.05 Percentage of GDP | 10 |
| 2010s | 2.78 Percentage of GDP | 2.3 Percentage of GDP | 3.05 Percentage of GDP | 10 |
| 2020s | 2.34 Percentage of GDP | 2.29 Percentage of GDP | 2.38 Percentage of GDP | 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)
- 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 social security contributions and payroll taxes paid by government in in Finland?
- Social security contributions and payroll taxes paid by government in in Finland was 2.3 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest social security contributions and payroll taxes paid by government in recorded in Finland?
- The highest recorded value was 3.74 Percentage of GDP in 1992.
- What is the lowest social security contributions and payroll taxes paid by government in recorded in Finland?
- The lowest recorded value was 0.2956 Percentage of GDP in 1970.
- How does Finland rank for social security contributions and payroll taxes paid by government in?
- Finland ranks 5th out of 34 countries with data for 2024.
- Is social security contributions and payroll taxes paid by government in rising or falling in Finland?
- Over the last ten years it is down 24.3%. The long-run trend across the full record is rising.
- Where does this Finland data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Social security contributions and payroll taxes paid by government in OECD member countries — Tax revenue. Statizoid updates them automatically from the source API.
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About this data
Compulsory payments made by general government in respect of their employees. These are levied on both employees and employers and include contributions for unemployment insurance, sickness benefits, pensions, family allowances, and medical services.