Goods and services expense in Finland
Finland: Goods and services expense was 7.7% in 2023. ▼ Falling
Goods and services expense in Finland, 1972–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
The most recent figure for goods and services expense in Finland is 7.7%, measured in 2023.
Compared with earlier readings it is down 11.9% on the previous year and up 0.3% over ten years.
Over the whole period, goods and services expense in Finland peaked at 11.8% in 1973 and was at its lowest, 6.4%, in 1995.
Finland ranks 125th of 154 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 52 years of available data.
Goods and services expense in Finland, year by year
| Year | % of expense | Change |
|---|---|---|
| 1972 | 11.8% | — |
| 1973 | 11.8% | +0.0% |
| 1974 | 10.9% | -7.7% |
| 1975 | 10.8% | -1.6% |
| 1976 | 10.1% | -6.1% |
| 1977 | 9.9% | -1.8% |
| 1978 | 10.2% | +3.1% |
| 1979 | 10.1% | -1.1% |
| 1980 | 11.0% | +8.9% |
| 1981 | 10.4% | -5.4% |
| 1982 | 10.5% | +0.8% |
| 1983 | 10.9% | +3.8% |
| 1984 | 10.1% | -7.1% |
| 1985 | 10.6% | +4.2% |
| 1986 | 10.2% | -3.1% |
| 1987 | 10.5% | +3.0% |
| 1988 | 10.2% | -3.1% |
| 1989 | 10.3% | +0.8% |
| 1990 | 10.8% | +5.3% |
| 1991 | 10.5% | -3.0% |
| 1992 | 11.2% | +6.3% |
| 1993 | 9.4% | -15.6% |
| 1994 | 10.1% | +7.6% |
| 1995 | 6.4% | -36.9% |
| 1996 | 6.9% | +8.1% |
| 1997 | 7.2% | +4.3% |
| 1998 | 7.1% | -1.1% |
| 1999 | 7.3% | +1.7% |
| 2000 | 7.4% | +1.8% |
| 2001 | 7.9% | +7.4% |
| 2002 | 8.0% | +0.7% |
| 2003 | 8.0% | -0.1% |
| 2004 | 8.1% | +0.8% |
| 2005 | 8.0% | -0.4% |
| 2006 | 8.2% | +2.3% |
| 2007 | 8.3% | +0.8% |
| 2008 | 8.2% | -0.2% |
| 2009 | 8.4% | +2.1% |
| 2010 | 8.2% | -3.0% |
| 2011 | 7.7% | -5.5% |
| 2012 | 7.6% | -1.7% |
| 2013 | 7.7% | +1.2% |
| 2014 | 7.5% | -2.6% |
| 2015 | 7.9% | +4.9% |
| 2016 | 8.0% | +1.9% |
| 2017 | 8.0% | -0.1% |
| 2018 | 8.0% | -0.0% |
| 2019 | 8.2% | +3.0% |
| 2020 | 7.9% | -4.3% |
| 2021 | 8.2% | +4.7% |
| 2022 | 8.7% | +6.1% |
| 2023 | 7.7% | -11.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.7% | 9.9% | 11.8% | 8 |
| 1980s | 10.5% | 10.1% | 11.0% | 10 |
| 1990s | 8.7% | 6.4% | 11.2% | 10 |
| 2000s | 8.0% | 7.4% | 8.4% | 10 |
| 2010s | 7.9% | 7.5% | 8.2% | 10 |
| 2020s | 8.1% | 7.7% | 8.7% | 4 |
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 goods and services expense in Finland?
- Goods and services expense in Finland was 7.7% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Finland?
- The highest recorded value was 11.8% in 1973.
- What is the lowest goods and services expense recorded in Finland?
- The lowest recorded value was 6.4% in 1995.
- How does Finland rank for goods and services expense?
- Finland ranks 125th out of 154 countries with data for 2023.
- Is goods and services expense rising or falling in Finland?
- Over the last ten years it is up 0.3%. The long-run trend across the full record is falling.
- 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 Goods and services expense (% of expense). Statizoid updates them automatically from the source API.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.