Expense in Finland

Finland: Expense was 44.9% in 2023. ▲ Rising

Latest (2023)
44.9%
Change on year
up 18.4%
World rank
11th
of 157 countries
All-time high
48.7%
in 1995
All-time low
19.9%
in 1973
Years of data
52
1972–2023

Expense in Finland, 1972–2023

01020304050197219972023

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 8 Italy 47.3% compare
  2. 9 France 47.3% compare
  3. 10 Austria 46.0% compare
  4. 12 Slovenia 42.9% compare
  5. 13 Hungary 42.4% compare
  6. 14 Luxembourg 42.2% compare

See the full ranking of 183 places →

More economy & growth data for Finland

All data for Finland →

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.

Download this data

CSV · JSON — 52 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Expense (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 5,211 data points, 1972–2024
Last refreshed

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.