Subsidies and other transfers in Finland
Finland: Subsidies and other transfers was 58.05 billion current LCU in 2024. β² Rising
Subsidies and other transfers in Finland, 1990β2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, subsidies and other transfers in Finland stood at 58.05 billion current LCU. That is the highest value across all 35 years on record.
Compared with earlier readings it is up 5.9% on the previous year and up 32.4% over ten years.
Over the whole period, subsidies and other transfers in Finland peaked at 58.05 billion current LCU in 2024 and was at its lowest, 6.94 billion current LCU, in 1990.
Finland ranks 86th of 153 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.42 billion current LCU | 6.94 billion current LCU | 23.91 billion current LCU | 10 |
| 2000s | 28.46 billion current LCU | 23.73 billion current LCU | 34.72 billion current LCU | 10 |
| 2010s | 43.21 billion current LCU | 36.27 billion current LCU | 47.89 billion current LCU | 10 |
| 2020s | 53.93 billion current LCU | 52.09 billion current LCU | 58.05 billion current LCU | 5 |
Countries ranked near Finland
- 83 New Zealand 72.88 billion current LCU compare
- 84 Moldova, Republic of 69.09 billion current LCU compare
- 85 Portugal 61.98 billion current LCU compare
- 87 Greece 57.89 billion current LCU compare
- 88 Afghanistan, Islamic Republic of 52.93 billion current LCU compare
- 89 Belarus, Republic of 46.69 billion current LCU compare
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)
- Arms imports (SIPRI trend indicator values), per square kilometre 121.73 SIPRI trend indicator values per square kilometre (2023)
- Tax revenue 25.3% (2024)
- Capital stock, General government, Current prices, Domestic currency 167.5 (2019)
- Taxes on income, profits and capital gains 26.8% (2024)
- Capital stock, General government, Constant prices, Percent of GDP 68.32 (2019)
Frequently asked questions
- What is subsidies and other transfers in Finland?
- Subsidies and other transfers in Finland was 58.05 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Finland?
- The highest recorded value was 58.05 billion current LCU in 2024.
- What is the lowest subsidies and other transfers recorded in Finland?
- The lowest recorded value was 6.94 billion current LCU in 1990.
- How does Finland rank for subsidies and other transfers?
- Finland ranks 86th out of 153 countries with data for 2024.
- Is subsidies and other transfers rising or falling in Finland?
- Over the last ten years it is up 32.4%. The long-run trend across the full record is rising.
- 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 Subsidies and other transfers (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 35 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. 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.