Interest, payable, Ratio of this level of government's expenditure on in Finland
Finland: Interest, payable, Ratio of this level of government's expenditure on was 0.8851 in 2020. ▼ Falling
Interest, payable, Ratio of this level of government's expenditure on in Finland, 1995–2020
Source: International Monetary Fund.
Analysis
The most recent figure for interest, payable, ratio of this level of government's expenditure on in Finland is 0.8851, measured in 2020.
That represents a change of down 6.0% over ten years.
Over the whole period, interest, payable, ratio of this level of government's expenditure on in Finland peaked at 1.26 in 1999 and was at its lowest, 0.8837, in 2018.
That places Finland 65th out of 80 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 26 years of available data.
Interest, payable, Ratio of this level of government's expenditure on in Finland, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 1.1 | — |
| 1996 | 1.16 | +5.4% |
| 1997 | 1.18 | +2.0% |
| 1998 | 1.26 | +6.4% |
| 1999 | 1.26 | +0.7% |
| 2000 | 1.19 | -6.1% |
| 2001 | 1.09 | -7.9% |
| 2002 | 1.04 | -4.8% |
| 2003 | 1.03 | -1.5% |
| 2004 | 1 | -2.1% |
| 2005 | 0.9768 | -2.8% |
| 2006 | 0.9648 | -1.2% |
| 2007 | 0.9172 | -4.9% |
| 2008 | 0.8977 | -2.1% |
| 2009 | 0.9258 | +3.1% |
| 2010 | 0.9416 | +1.7% |
| 2011 | 0.9246 | -1.8% |
| 2012 | 0.9288 | +0.5% |
| 2013 | 0.9315 | +0.3% |
| 2014 | 0.9209 | -1.1% |
| 2015 | 0.9197 | -0.1% |
| 2016 | 0.9105 | -1.0% |
| 2017 | 0.9013 | -1.0% |
| 2018 | 0.8837 | -1.9% |
| 2019 | 0.8855 | +0.2% |
| 2020 | 0.8851 | -0.0% |
Finland compared with similar countries
- Finland's 0.8851 is below the median for high income countries, which is 0.9354, 95% of the median. (42 countries reporting)
- Finland's 0.8851 is below the median for Europe & Central Asia, which is 0.966, 92% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.19 | 1.1 | 1.26 | 5 |
| 2000s | 1 | 0.8977 | 1.19 | 10 |
| 2010s | 0.9148 | 0.8837 | 0.9416 | 10 |
| 2020s | 0.8851 | 0.8851 | 0.8851 | 1 |
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 interest, payable, ratio of this level of government's expenditure on in Finland?
- Interest, payable, ratio of this level of government's expenditure on in Finland was 0.8851 in 2020, according to International Monetary Fund.
- What is the highest interest, payable, ratio of this level of government's expenditure on recorded in Finland?
- The highest recorded value was 1.26 in 1999.
- What is the lowest interest, payable, ratio of this level of government's expenditure on recorded in Finland?
- The lowest recorded value was 0.8837 in 2018.
- How does Finland rank for interest, payable, ratio of this level of government's expenditure on?
- Finland ranks 65th out of 80 countries with data for 2020.
- Is interest, payable, ratio of this level of government's expenditure on rising or falling in Finland?
- Over the last ten years it is down 6.0%. The long-run trend across the full record is falling.
- Where does this Finland data come from?
- The figures come from International Monetary Fund, published as part of Interest, payable, Ratio of this level of government's expenditure on this item to total general government expenditure on this, Percent (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.