Expense in Finland
Finland: Expense was 122.60 billion current LCU in 2023. ◆ Volatile
Latest (2023)
122.60 billion current LCU
Change on year
up 21.4%
World rank
92nd
of 157 countries
All-time high
122.60 billion current LCU
in 2023
All-time low
2.12 billion current LCU
in 1972
Years of data
52
1972–2023
Expense in Finland, 1972–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for expense in Finland is 122.60 billion current LCU, measured in 2023. That is the highest value across all 52 years on record.
That represents a change of up 21.4% on the previous year and up 49.5% over ten years.
Over the whole period, expense in Finland peaked at 122.60 billion current LCU in 2023 and was at its lowest, 2.12 billion current LCU, in 1972.
That places Finland 92nd out of 157 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Expense in Finland, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 2.12 billion current LCU | — |
| 1973 | 2.49 billion current LCU | +17.1% |
| 1974 | 3.33 billion current LCU | +33.7% |
| 1975 | 4.51 billion current LCU | +35.5% |
| 1976 | 5.25 billion current LCU | +16.6% |
| 1977 | 5.94 billion current LCU | +13.1% |
| 1978 | 6.57 billion current LCU | +10.5% |
| 1979 | 7.57 billion current LCU | +15.2% |
| 1980 | 8.54 billion current LCU | +12.8% |
| 1981 | 9.83 billion current LCU | +15.1% |
| 1982 | 11.58 billion current LCU | +17.8% |
| 1983 | 13.41 billion current LCU | +15.8% |
| 1984 | 14.44 billion current LCU | +7.7% |
| 1985 | 16.20 billion current LCU | +12.2% |
| 1986 | 17.71 billion current LCU | +9.3% |
| 1987 | 19.45 billion current LCU | +9.8% |
| 1988 | 21.18 billion current LCU | +8.9% |
| 1989 | 23.09 billion current LCU | +9.0% |
| 1990 | 25.61 billion current LCU | +10.9% |
| 1991 | 29.92 billion current LCU | +16.8% |
| 1992 | 33.17 billion current LCU | +10.9% |
| 1993 | 35.91 billion current LCU | +8.3% |
| 1994 | 36.69 billion current LCU | +2.2% |
| 1995 | 47.92 billion current LCU | +30.6% |
| 1996 | 45.84 billion current LCU | -4.4% |
| 1997 | 44.67 billion current LCU | -2.5% |
| 1998 | 45.23 billion current LCU | +1.3% |
| 1999 | 46.32 billion current LCU | +2.4% |
| 2000 | 46.26 billion current LCU | -0.1% |
| 2001 | 48.09 billion current LCU | +4.0% |
| 2002 | 50.95 billion current LCU | +5.9% |
| 2003 | 52.95 billion current LCU | +3.9% |
| 2004 | 54.92 billion current LCU | +3.7% |
| 2005 | 57.12 billion current LCU | +4.0% |
| 2006 | 59.27 billion current LCU | +3.8% |
| 2007 | 61.06 billion current LCU | +3.0% |
| 2008 | 64.83 billion current LCU | +6.2% |
| 2009 | 69.47 billion current LCU | +7.2% |
| 2010 | 72.28 billion current LCU | +4.0% |
| 2011 | 75.10 billion current LCU | +3.9% |
| 2012 | 78.29 billion current LCU | +4.3% |
| 2013 | 81.98 billion current LCU | +4.7% |
| 2014 | 83.97 billion current LCU | +2.4% |
| 2015 | 85.51 billion current LCU | +1.8% |
| 2016 | 86.16 billion current LCU | +0.8% |
| 2017 | 85.78 billion current LCU | -0.4% |
| 2018 | 87.38 billion current LCU | +1.9% |
| 2019 | 88.99 billion current LCU | +1.8% |
| 2020 | 98.06 billion current LCU | +10.2% |
| 2021 | 99.76 billion current LCU | +1.7% |
| 2022 | 100.96 billion current LCU | +1.2% |
| 2023 | 122.60 billion current LCU | +21.4% |
Finland compared with similar countries
- Finland's 122.60 billion current LCU is below the median for high income countries, which is 134.42 billion current LCU, 91% of the median. (57 countries reporting)
- Finland's 122.60 billion current LCU is below the median for Europe & Central Asia, which is 301.38 billion current LCU, 41% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.72 billion current LCU | 2.12 billion current LCU | 7.57 billion current LCU | 8 |
| 1980s | 15.54 billion current LCU | 8.54 billion current LCU | 23.09 billion current LCU | 10 |
| 1990s | 39.13 billion current LCU | 25.61 billion current LCU | 47.92 billion current LCU | 10 |
| 2000s | 56.49 billion current LCU | 46.26 billion current LCU | 69.47 billion current LCU | 10 |
| 2010s | 82.54 billion current LCU | 72.28 billion current LCU | 88.99 billion current LCU | 10 |
| 2020s | 105.34 billion current LCU | 98.06 billion current LCU | 122.60 billion current LCU | 4 |
Countries ranked near Finland
More public sector data for Finland
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is expense in Finland?
- Expense in Finland was 122.60 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Finland?
- The highest recorded value was 122.60 billion current LCU in 2023.
- What is the lowest expense recorded in Finland?
- The lowest recorded value was 2.12 billion current LCU in 1972.
- How does Finland rank for expense?
- Finland ranks 92nd out of 157 countries with data for 2023.
- Is expense rising or falling in Finland?
- Over the last ten years it is up 49.5%. The long-run trend across the full record is volatile.
- Where does this Finland data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.