Annual government expenditure by function (COFOG) — Gross capital in Finland
Finland: Annual government expenditure by function (COFOG) — Gross capital was 12,361 National currency in 2024. ▲ Rising
Annual government expenditure by function (COFOG) — Gross capital in Finland, 1990–2024
Source: Organisation for Economic Co-operation and Development. Measured in National currency.
Analysis
The most recent figure for annual government expenditure by function (cofog) — gross capital in Finland is 12,361 National currency, measured in 2024. That is the highest value across all 35 years on record.
Compared with earlier readings it is up 9.8% on the previous year and up 41.5% over ten years.
Over the whole period, annual government expenditure by function (cofog) — gross capital in Finland peaked at 12,361 National currency in 2024 and was at its lowest, 3,510 National currency, in 1993.
That places Finland 24th out of 28 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 35 years of available data.
Annual government expenditure by function (COFOG) — Gross capital in Finland, year by year
| Year | National currency | Change |
|---|---|---|
| 1990 | 4,253 National currency | — |
| 1991 | 4,254 National currency | +0.0% |
| 1992 | 4,107 National currency | -3.5% |
| 1993 | 3,510 National currency | -14.5% |
| 1994 | 3,886 National currency | +10.7% |
| 1995 | 3,786 National currency | -2.6% |
| 1996 | 4,157 National currency | +9.8% |
| 1997 | 4,856 National currency | +16.8% |
| 1998 | 4,882 National currency | +0.5% |
| 1999 | 4,882 National currency | +0.0% |
| 2000 | 4,808 National currency | -1.5% |
| 2001 | 4,977 National currency | +3.5% |
| 2002 | 5,487 National currency | +10.2% |
| 2003 | 5,720 National currency | +4.2% |
| 2004 | 6,154 National currency | +7.6% |
| 2005 | 5,789 National currency | -5.9% |
| 2006 | 5,585 National currency | -3.5% |
| 2007 | 6,381 National currency | +14.3% |
| 2008 | 6,904 National currency | +8.2% |
| 2009 | 7,151 National currency | +3.6% |
| 2010 | 6,910 National currency | -3.4% |
| 2011 | 7,679 National currency | +11.1% |
| 2012 | 8,253 National currency | +7.5% |
| 2013 | 8,536 National currency | +3.4% |
| 2014 | 8,734 National currency | +2.3% |
| 2015 | 7,546 National currency | -13.6% |
| 2016 | 8,774 National currency | +16.3% |
| 2017 | 9,031 National currency | +2.9% |
| 2018 | 9,872 National currency | +9.3% |
| 2019 | 10,252 National currency | +3.8% |
| 2020 | 11,473 National currency | +11.9% |
| 2021 | 10,343 National currency | -9.8% |
| 2022 | 10,801 National currency | +4.4% |
| 2023 | 11,253 National currency | +4.2% |
| 2024 | 12,361 National currency | +9.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4,257 National currency | 3,510 National currency | 4,882 National currency | 10 |
| 2000s | 5,896 National currency | 4,808 National currency | 7,151 National currency | 10 |
| 2010s | 8,559 National currency | 6,910 National currency | 10,252 National currency | 10 |
| 2020s | 11,246 National currency | 10,343 National currency | 12,361 National currency | 5 |
Countries ranked near Finland
More public sector data for Finland
- Arms imports 64.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 11.39 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 72.97 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 64.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 1,243 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0234 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 17.88 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 6.99 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 121.73 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is annual government expenditure by function (cofog) — gross capital in Finland?
- Annual government expenditure by function (cofog) — gross capital in Finland was 12,361 National currency in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual government expenditure by function (cofog) — gross capital recorded in Finland?
- The highest recorded value was 12,361 National currency in 2024.
- What is the lowest annual government expenditure by function (cofog) — gross capital recorded in Finland?
- The lowest recorded value was 3,510 National currency in 1993.
- How does Finland rank for annual government expenditure by function (cofog) — gross capital?
- Finland ranks 24th out of 28 countries with data for 2024.
- Is annual government expenditure by function (cofog) — gross capital rising or falling in Finland?
- Over the last ten years it is up 41.5%. The long-run trend across the full record is rising.
- Where does this Finland data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual government expenditure by function (COFOG) — Gross capital formation and acquisitions less disposals of non-produced assets. Statizoid updates them automatically from the source API.
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About this data
This table provides a breakdown of government expenditure according to the Classification of the Functions of Government (COFOG), which shows how much governments spend in areas such as health, education, environmental protection, defence and servicing public debt. The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. Data is presented for each country in national currency as well as in euros for the European Union and the euro area. Data are also available, for most countries, for the sub-sectors of general government. Specific categories of expenditure (such as health and education) can be selected using the ‘Expenditure’ filter, while details of the type of expenditure such as compensation of employees (payment of wages and salaries and employers’ social contributions) can be selected using the ‘Transaction’ filter. For government final consumption expenditure a breakdown is also provided, in the ‘Transaction’ filter, between individual and collective consumption expenditure. Data is for General Government. For most countries, results are also available for the General Government sub-sectors: central, local and state (regional) government and social security. These sub-sectors can be selected using the ‘Institutional sector’ filter. These indicators were presented in the previous dissemination system in the SNA_TABLE11 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the Government Finances and Public Sector Debt webpage: Government Finances and Public Sector Debt webpage OECD statistics contact: STAT.Contact@oecd.org