Taxes on incomes of individuals and corporations as share of GDP in Finland
Finland: Taxes on incomes of individuals and corporations as share of GDP was 15.6% in 2023. ▬ Flat
Latest (2023)
15.6%
Change on year
down 2.5%
World rank
10th
of 184 countries
All-time high
19.7%
in 2000
All-time low
13.8%
in 1980
Years of data
44
1980–2023
Taxes on incomes of individuals and corporations as share of GDP in Finland, 1980–2023
Source: UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Measured in %.
Analysis
Finland recorded 15.6% for taxes on incomes of individuals and corporations as share of gdp in 2023.
The figure is down 2.5% on the previous year and up 3.3% over ten years.
Over the whole period, taxes on incomes of individuals and corporations as share of gdp in Finland peaked at 19.7% in 2000 and was at its lowest, 13.8%, in 1980.
That places Finland 10th out of 184 countries with data for 2023, putting it in the top 10%.
Taxes on incomes of individuals and corporations as share of GDP in Finland, year by year
| Year | % | Change |
|---|---|---|
| 1980 | 13.8% | — |
| 1981 | 15.2% | +10.3% |
| 1982 | 15.0% | -1.6% |
| 1983 | 15.0% | +0.1% |
| 1984 | 15.4% | +2.6% |
| 1985 | 16.0% | +3.6% |
| 1986 | 16.8% | +5.5% |
| 1987 | 15.2% | -10.1% |
| 1988 | 16.5% | +8.6% |
| 1989 | 16.2% | -1.7% |
| 1990 | 16.8% | +4.2% |
| 1991 | 16.9% | +0.4% |
| 1992 | 15.9% | -6.2% |
| 1993 | 14.7% | -7.3% |
| 1994 | 15.9% | +8.4% |
| 1995 | 16.1% | +1.0% |
| 1996 | 17.7% | +9.9% |
| 1997 | 17.2% | -2.7% |
| 1998 | 17.6% | +2.4% |
| 1999 | 17.2% | -2.6% |
| 2000 | 19.7% | +14.8% |
| 2001 | 17.6% | -10.8% |
| 2002 | 17.5% | -0.3% |
| 2003 | 16.4% | -6.6% |
| 2004 | 16.1% | -1.8% |
| 2005 | 16.1% | -0.1% |
| 2006 | 16.0% | -0.4% |
| 2007 | 16.2% | +1.4% |
| 2008 | 16.0% | -1.5% |
| 2009 | 14.6% | -8.8% |
| 2010 | 14.4% | -1.2% |
| 2011 | 14.8% | +3.0% |
| 2012 | 14.6% | -1.8% |
| 2013 | 15.1% | +3.8% |
| 2014 | 15.3% | +1.0% |
| 2015 | 15.4% | +0.7% |
| 2016 | 15.3% | -0.9% |
| 2017 | 15.3% | +0.3% |
| 2018 | 14.9% | -2.8% |
| 2019 | 14.9% | -0.1% |
| 2020 | 14.8% | -0.5% |
| 2021 | 15.7% | +6.3% |
| 2022 | 16.0% | +1.9% |
| 2023 | 15.6% | -2.5% |
Finland compared with similar countries
- Finland's 15.6% is above the median for high income countries, which is 10.0%, 1.6× the median. (63 countries reporting)
- Finland's 15.6% is above the median for Europe & Central Asia, which is 8.9%, 1.8× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 15.5% | 13.8% | 16.8% | 10 |
| 1990s | 16.6% | 14.7% | 17.7% | 10 |
| 2000s | 16.6% | 14.6% | 19.7% | 10 |
| 2010s | 15.0% | 14.4% | 15.4% | 10 |
| 2020s | 15.5% | 14.8% | 16.0% | 4 |
Countries ranked near Finland
- 7 Canada 17.9% compare
- 8 Luxembourg 16.6% compare
- 9 Belgium 15.8% compare
- 11 Liechtenstein 15.2% compare
- 12 South Africa 14.9% compare
- 13 Sweden 14.6% 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 taxes on incomes of individuals and corporations as share of gdp in Finland?
- Taxes on incomes of individuals and corporations as share of gdp in Finland was 15.6% in 2023, according to UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data.
- What is the highest taxes on incomes of individuals and corporations as share of gdp recorded in Finland?
- The highest recorded value was 19.7% in 2000.
- What is the lowest taxes on incomes of individuals and corporations as share of gdp recorded in Finland?
- The lowest recorded value was 13.8% in 1980.
- How does Finland rank for taxes on incomes of individuals and corporations as share of gdp?
- Finland ranks 10th out of 184 countries with data for 2023.
- Is taxes on incomes of individuals and corporations as share of gdp rising or falling in Finland?
- Over the last ten years it is up 3.3%. The long-run trend across the full record is flat.
- Where does this Finland data come from?
- The figures come from UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data, published as part of Taxes on incomes of individuals and corporations as share of GDP. Statizoid updates them automatically from the source API.
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About this data
Tax revenue on incomes, profits and capital gains divided by gross domestic product, expressed as a percentage.