Gini index in Finland
Finland: Gini index was 27.4 in 2023. ▲ Rising
Gini index in Finland, 1987–2023
Source: World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ.
Analysis
In 2023, gini index in Finland stood at 27.4.
That represents a change of down 1.8% on the previous year and up 0.7% over ten years.
Over the whole period, gini index in Finland peaked at 28.3 in 2007 and was at its lowest, 22.2, in 1987.
That places Finland 107th out of 121 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 22.2 | 22.2 | 22.2 | 1 |
| 1990s | 23.2 | 22.9 | 23.5 | 2 |
| 2000s | 27.75 | 27.2 | 28.3 | 8 |
| 2010s | 27.3 | 26.8 | 27.7 | 10 |
| 2020s | 27.52 | 27.1 | 27.9 | 4 |
Countries ranked near Finland
More poverty & inequality data for Finland
- Poverty headcount ratio at $8.30 a day (2021 PPP) 0.4% (2023)
- Poverty headcount ratio at $4.20 a day (2021 PPP) 0.2% (2023)
- Poverty gap at $3.00 a day (2021 PPP) 0.1% (2023)
- Poverty headcount ratio at $3.00 a day (2021 PPP) 0.2% (2023)
- Prosperity gap 0.7 average shortfall from a prosperity standard of $28/day (2023)
- Poverty gap at $8.30 a day (2021 PPP) 0.3% (2023)
- Poverty headcount ratio at societal poverty line 8.7% (2023)
- Poverty gap at $4.20 a day (2021 PPP) 0.2% (2023)
- Population living in slums 0.0% (2022)
- Income share held by second 20% 14.0% (2023)
Frequently asked questions
- What is gini index in Finland?
- Gini index in Finland was 27.4 in 2023, according to World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ.
- What is the highest gini index recorded in Finland?
- The highest recorded value was 28.3 in 2007.
- What is the lowest gini index recorded in Finland?
- The lowest recorded value was 22.2 in 1987.
- How does Finland rank for gini index?
- Finland ranks 107th out of 121 countries with data for 2023.
- Is gini index rising or falling in Finland?
- Over the last ten years it is up 0.7%. The long-run trend across the full record is rising.
- Where does this Finland data come from?
- The figures come from World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ, published as part of Gini index. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gini index measures the extent to which the distribution of income (or, in some cases, consumption expenditure) among individuals or households within an economy deviates from a perfectly equal distribution. A Lorenz curve plots the cumulative percentages of total income received against the cumulative number of recipients, starting with the poorest individual or household. The Gini index measures the area between the Lorenz curve and a hypothetical line of absolute equality, expressed as a percentage of the maximum area under the line. Thus a Gini index of 0 represents perfect equality, while an index of 100 implies perfect inequality.