Interest payments in Finland
Finland: Interest payments was 2.0% in 2023. ◆ Volatile
Interest payments in Finland, 1972–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Finland recorded 2.0% for interest payments in 2023.
The figure is up 54.0% on the previous year and down 36.5% over ten years.
Over the whole period, interest payments in Finland peaked at 10.1% in 1994 and was at its lowest, 0.9%, in 1976.
Finland ranks 126th of 152 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Interest payments in Finland, year by year
| Year | % of expense | Change |
|---|---|---|
| 1972 | 2.2% | — |
| 1973 | 2.0% | -8.5% |
| 1974 | 1.3% | -35.0% |
| 1975 | 1.0% | -25.3% |
| 1976 | 0.9% | -6.7% |
| 1977 | 1.2% | +35.7% |
| 1978 | 1.6% | +27.2% |
| 1979 | 2.2% | +36.3% |
| 1980 | 2.4% | +9.6% |
| 1981 | 2.7% | +13.5% |
| 1982 | 3.1% | +16.3% |
| 1983 | 3.8% | +22.7% |
| 1984 | 4.4% | +15.2% |
| 1985 | 4.7% | +7.1% |
| 1986 | 4.3% | -8.2% |
| 1987 | 4.1% | -4.9% |
| 1988 | 4.1% | -0.2% |
| 1989 | 3.6% | -12.9% |
| 1990 | 3.1% | -13.3% |
| 1991 | 3.3% | +4.7% |
| 1992 | 4.2% | +30.2% |
| 1993 | 8.4% | +98.7% |
| 1994 | 10.1% | +20.6% |
| 1995 | 7.5% | -25.9% |
| 1996 | 8.8% | +16.6% |
| 1997 | 9.8% | +12.3% |
| 1998 | 8.9% | -9.7% |
| 1999 | 7.8% | -12.6% |
| 2000 | 7.7% | -0.4% |
| 2001 | 7.4% | -4.5% |
| 2002 | 5.8% | -21.7% |
| 2003 | 5.1% | -11.2% |
| 2004 | 4.8% | -7.2% |
| 2005 | 4.4% | -8.4% |
| 2006 | 4.0% | -8.6% |
| 2007 | 3.8% | -4.0% |
| 2008 | 3.6% | -5.0% |
| 2009 | 3.2% | -11.0% |
| 2010 | 3.5% | +6.6% |
| 2011 | 3.6% | +3.1% |
| 2012 | 3.6% | +0.8% |
| 2013 | 3.2% | -12.2% |
| 2014 | 3.1% | -2.8% |
| 2015 | 2.9% | -6.6% |
| 2016 | 2.7% | -4.9% |
| 2017 | 2.6% | -6.3% |
| 2018 | 2.4% | -6.0% |
| 2019 | 2.1% | -11.8% |
| 2020 | 1.5% | -29.2% |
| 2021 | 1.1% | -23.5% |
| 2022 | 1.3% | +13.5% |
| 2023 | 2.0% | +54.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.6% | 0.9% | 2.2% | 8 |
| 1980s | 3.7% | 2.4% | 4.7% | 10 |
| 1990s | 7.2% | 3.1% | 10.1% | 10 |
| 2000s | 5.0% | 3.2% | 7.7% | 10 |
| 2010s | 2.9% | 2.1% | 3.6% | 10 |
| 2020s | 1.5% | 1.1% | 2.0% | 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 interest payments in Finland?
- Interest payments in Finland was 2.0% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Finland?
- The highest recorded value was 10.1% in 1994.
- What is the lowest interest payments recorded in Finland?
- The lowest recorded value was 0.9% in 1976.
- How does Finland rank for interest payments?
- Finland ranks 126th out of 152 countries with data for 2023.
- Is interest payments rising or falling in Finland?
- Over the last ten years it is down 36.5%. 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 Interest payments (% of expense). Statizoid updates them automatically from the source API.
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About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.