Annual government expenditure by function (COFOG) — Gross fixed in Finland

Finland: Annual government expenditure by function (COFOG) — Gross fixed was 12,246 National currency in 2024. ▲ Rising

Latest (2024)
12,246 National currency
Change on year
up 10.9%
World rank
22nd
of 27 countries
All-time high
12,246 National currency
in 2024
All-time low
3,446 National currency
in 1993
Years of data
35
1990–2024

Annual government expenditure by function (COFOG) — Gross fixed in Finland, 1990–2024

4.0k6.0k8.0k10.0k12.0k1990200720241990: 4.1k National currency1991: 4.1k National currency1992: 4.1k National currency1993: 3.4k National currency1994: 3.8k National currency1995: 3.7k National currency1996: 4.1k National currency1997: 4.9k National currency1998: 5.0k National currency1999: 5.0k National currency2000: 4.8k National currency2001: 4.9k National currency2002: 5.5k National currency2003: 5.9k National currency2004: 6.2k National currency2005: 5.9k National currency2006: 5.8k National currency2007: 6.5k National currency2008: 7.0k National currency2009: 7.1k National currency2010: 6.9k National currency2011: 7.5k National currency2012: 8.1k National currency2013: 8.5k National currency2014: 8.7k National currency2015: 7.9k National currency2016: 9.0k National currency2017: 9.2k National currency2018: 10.0k National currency2019: 10.5k National currency2020: 11.5k National currency2021: 10.5k National currency2022: 11.0k National currency2023: 11.0k National currency2024: 12.2k National currency

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 fixed in Finland is 12,246 National currency, measured in 2024. That is the highest value across all 35 years on record.

Compared with earlier readings it is up 10.9% on the previous year and up 41.3% over ten years.

Over the whole period, annual government expenditure by function (cofog) — gross fixed in Finland peaked at 12,246 National currency in 2024 and was at its lowest, 3,446 National currency, in 1993.

That places Finland 22nd out of 27 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 fixed in Finland, year by year

Annual values for Annual government expenditure by function (COFOG) — Gross fixed capital formation in Finland, 1990 to 2024.
Year National currency Change
1990 4,095 National currency
1991 4,122 National currency +0.7%
1992 4,062 National currency -1.5%
1993 3,446 National currency -15.2%
1994 3,788 National currency +9.9%
1995 3,651 National currency -3.6%
1996 4,088 National currency +12.0%
1997 4,862 National currency +18.9%
1998 4,960 National currency +2.0%
1999 4,996 National currency +0.7%
2000 4,809 National currency -3.7%
2001 4,921 National currency +2.3%
2002 5,487 National currency +11.5%
2003 5,867 National currency +6.9%
2004 6,205 National currency +5.8%
2005 5,919 National currency -4.6%
2006 5,777 National currency -2.4%
2007 6,518 National currency +12.8%
2008 6,965 National currency +6.9%
2009 7,122 National currency +2.3%
2010 6,885 National currency -3.3%
2011 7,488 National currency +8.8%
2012 8,098 National currency +8.1%
2013 8,500 National currency +5.0%
2014 8,667 National currency +2.0%
2015 7,908 National currency -8.8%
2016 9,017 National currency +14.0%
2017 9,214 National currency +2.2%
2018 9,982 National currency +8.3%
2019 10,513 National currency +5.3%
2020 11,511 National currency +9.5%
2021 10,503 National currency -8.8%
2022 11,025 National currency +5.0%
2023 11,046 National currency +0.2%
2024 12,246 National currency +10.9%

Averages by decade

DecadeAverage LowestHighest Years
1990s 4,207 National currency 3,446 National currency 4,996 National currency 10
2000s 5,959 National currency 4,809 National currency 7,122 National currency 10
2010s 8,627 National currency 6,885 National currency 10,513 National currency 10
2020s 11,266 National currency 10,503 National currency 12,246 National currency 5

Countries ranked near Finland

  1. 19 Austria 19,420 National currency compare
  2. 20 Belgium 19,266 National currency compare
  3. 21 Ireland 14,613 National currency compare
  4. 23 Greece 8,612 National currency compare
  5. 24 Portugal 7,881 National currency compare
  6. 25 Luxembourg 4,512 National currency compare

See the full ranking of 38 places →

More public sector data for Finland

All data for Finland →

Frequently asked questions

What is annual government expenditure by function (cofog) — gross fixed in Finland?
Annual government expenditure by function (cofog) — gross fixed in Finland was 12,246 National currency in 2024, according to Organisation for Economic Co-operation and Development.
What is the highest annual government expenditure by function (cofog) — gross fixed recorded in Finland?
The highest recorded value was 12,246 National currency in 2024.
What is the lowest annual government expenditure by function (cofog) — gross fixed recorded in Finland?
The lowest recorded value was 3,446 National currency in 1993.
How does Finland rank for annual government expenditure by function (cofog) — gross fixed?
Finland ranks 22nd out of 27 countries with data for 2024.
Is annual government expenditure by function (cofog) — gross fixed rising or falling in Finland?
Over the last ten years it is up 41.3%. 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 fixed capital formation. Statizoid updates them automatically from the source API.

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Annual government expenditure by function (COFOG) — Gross fixed in Finland. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 23 August 2026, from https://public-sector.statizoid.com/stat/annual-government-expenditure-by-function-cofog-gross-fixed-capital-formation/finland/

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About this data

Indicator
Annual government expenditure by function (COFOG) — Gross fixed capital formation
Unit
National currency
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
38 places, 1,116 data points, 1970–2025
Last refreshed

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