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Prosperity gap in Finland

Finland: Prosperity gap was 0.7 average shortfall from a prosperity standard of $28/day in 2023. ▼ Falling

Latest (2023)
0.7 average shortfall from a prosperity standard of $28/day
Change on year
up 16.7%
World rank
108th
of 121 countries
All-time high
0.8 average shortfall from a prosperity standard of $28/day
in 1987
All-time low
0.5 average shortfall from a prosperity standard of $28/day
in 2021
Years of data
25
1987–2023

Prosperity gap in Finland, 1987–2023

00.20.40.60.81987200520231987: 0.8 average shortfall from a prosperity standard of $28/day1991: 0.7 average shortfall from a prosperity standard of $28/day1995: 0.8 average shortfall from a prosperity standard of $28/day2000: 0.7 average shortfall from a prosperity standard of $28/day2003: 0.7 average shortfall from a prosperity standard of $28/day2004: 0.7 average shortfall from a prosperity standard of $28/day2005: 0.7 average shortfall from a prosperity standard of $28/day2006: 0.7 average shortfall from a prosperity standard of $28/day2007: 0.6 average shortfall from a prosperity standard of $28/day2008: 0.6 average shortfall from a prosperity standard of $28/day2009: 0.6 average shortfall from a prosperity standard of $28/day2010: 0.6 average shortfall from a prosperity standard of $28/day2011: 0.6 average shortfall from a prosperity standard of $28/day2012: 0.6 average shortfall from a prosperity standard of $28/day2013: 0.6 average shortfall from a prosperity standard of $28/day2014: 0.6 average shortfall from a prosperity standard of $28/day2015: 0.6 average shortfall from a prosperity standard of $28/day2016: 0.6 average shortfall from a prosperity standard of $28/day2017: 0.6 average shortfall from a prosperity standard of $28/day2018: 0.6 average shortfall from a prosperity standard of $28/day2019: 0.6 average shortfall from a prosperity standard of $28/day2020: 0.6 average shortfall from a prosperity standard of $28/day2021: 0.5 average shortfall from a prosperity standard of $28/day2022: 0.6 average shortfall from a prosperity standard of $28/day2023: 0.7 average shortfall from a prosperity standard of $28/day

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. Measured in average shortfall from a prosperity standard of $28/day.

Analysis

Finland recorded 0.7 average shortfall from a prosperity standard of $28/day for prosperity gap in 2023.

Compared with earlier readings it is up 16.7% on the previous year and up 16.7% over ten years.

Over the whole period, prosperity gap in Finland peaked at 0.8 average shortfall from a prosperity standard of $28/day in 1987 and was at its lowest, 0.5 average shortfall from a prosperity standard of $28/day, in 2021.

Finland ranks 108th of 121 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 25 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.8 average shortfall from a prosperity standard of $28/day 0.8 average shortfall from a prosperity standard of $28/day 0.8 average shortfall from a prosperity standard of $28/day 1
1990s 0.75 average shortfall from a prosperity standard of $28/day 0.7 average shortfall from a prosperity standard of $28/day 0.8 average shortfall from a prosperity standard of $28/day 2
2000s 0.6625 average shortfall from a prosperity standard of $28/day 0.6 average shortfall from a prosperity standard of $28/day 0.7 average shortfall from a prosperity standard of $28/day 8
2010s 0.6 average shortfall from a prosperity standard of $28/day 0.6 average shortfall from a prosperity standard of $28/day 0.6 average shortfall from a prosperity standard of $28/day 10
2020s 0.6 average shortfall from a prosperity standard of $28/day 0.5 average shortfall from a prosperity standard of $28/day 0.7 average shortfall from a prosperity standard of $28/day 4

Countries ranked near Finland

  1. 105 Austria 0.8 average shortfall from a prosperity standard of $28/day compare
  2. 105 Czechia 0.8 average shortfall from a prosperity standard of $28/day compare
  3. 105 Denmark 0.8 average shortfall from a prosperity standard of $28/day compare
  4. 108 Canada 0.7 average shortfall from a prosperity standard of $28/day compare
  5. 108 Ireland 0.7 average shortfall from a prosperity standard of $28/day compare
  6. 108 South Korea 0.7 average shortfall from a prosperity standard of $28/day compare
  7. 108 Malta 0.7 average shortfall from a prosperity standard of $28/day compare

See the full ranking of 136 places →

More poverty & inequality data for Finland

All data for Finland →

Frequently asked questions

What is prosperity gap in Finland?
Prosperity gap in Finland was 0.7 average shortfall from a prosperity standard of $28/day 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 prosperity gap recorded in Finland?
The highest recorded value was 0.8 average shortfall from a prosperity standard of $28/day in 1987.
What is the lowest prosperity gap recorded in Finland?
The lowest recorded value was 0.5 average shortfall from a prosperity standard of $28/day in 2021.
How does Finland rank for prosperity gap?
Finland ranks 108th out of 121 countries with data for 2023.
Is prosperity gap rising or falling in Finland?
Over the last ten years it is up 16.7%. 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 Prosperity gap (average shortfall from a prosperity standard of $28/day). 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

Indicator
Prosperity gap (average shortfall from a prosperity standard of $28/day)
Unit
average shortfall from a prosperity standard of $28/day
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
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
136 places, 2,849 data points, 1963–2025
Last refreshed

The average shortfall from a prosperity standard of $28 per day (adjusted for differences in purchasing power parity across countries). It is measured as the average factor by which incomes fall short of $28.