Income share held by lowest 20% in Finland
Finland: Income share held by lowest 20% was 9.2% in 2023. ▼ Falling
Income share held by lowest 20% 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, income share held by lowest 20% in Finland stood at 9.2%. That is the lowest value across all 25 years on record.
That represents a change of down 1.1% on the previous year and down 1.1% over ten years.
Over the whole period, income share held by lowest 20% in Finland peaked at 10.8% in 1987 and was at its lowest, 9.2%, in 2007.
Finland ranks 15th of 121 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 25 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 10.8% | 10.8% | 10.8% | 1 |
| 1990s | 10.8% | 10.7% | 10.8% | 2 |
| 2000s | 9.4% | 9.2% | 9.6% | 8 |
| 2010s | 9.3% | 9.2% | 9.4% | 10 |
| 2020s | 9.3% | 9.2% | 9.5% | 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 headcount ratio at $3.00 a day (2021 PPP) 0.2% (2023)
- Poverty gap at $3.00 a day (2021 PPP) 0.1% (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 income share held by lowest 20% in Finland?
- Income share held by lowest 20% in Finland was 9.2% 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 income share held by lowest 20% recorded in Finland?
- The highest recorded value was 10.8% in 1987.
- What is the lowest income share held by lowest 20% recorded in Finland?
- The lowest recorded value was 9.2% in 2007.
- How does Finland rank for income share held by lowest 20%?
- Finland ranks 15th out of 121 countries with data for 2023.
- Is income share held by lowest 20% rising or falling in Finland?
- Over the last ten years it is down 1.1%. The long-run trend across the full record is falling.
- 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 Income share held by lowest 20%. 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
Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. Percentage shares by quintile may not sum to 100 because of rounding.