Subsidies and other transfers in Finland
Finland: Subsidies and other transfers was 44.7% in 2023. ▲ Rising
Subsidies and other transfers in Finland, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
The most recent figure for subsidies and other transfers in Finland is 44.7%, measured in 2023.
That represents a change of down 13.4% on the previous year and down 12.7% over ten years.
Over the whole period, subsidies and other transfers in Finland peaked at 54.4% in 2017 and was at its lowest, 19.5%, in 1994.
Finland ranks 57th of 152 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 34 years of available data.
Subsidies and other transfers in Finland, year by year
| Year | % of expense | Change |
|---|---|---|
| 1990 | 27.1% | — |
| 1991 | 26.0% | -4.3% |
| 1992 | 23.4% | -10.0% |
| 1993 | 21.1% | -9.5% |
| 1994 | 19.5% | -7.8% |
| 1995 | 49.2% | +152.3% |
| 1996 | 50.3% | +2.3% |
| 1997 | 51.6% | +2.5% |
| 1998 | 51.8% | +0.4% |
| 1999 | 51.6% | -0.3% |
| 2000 | 51.3% | -0.6% |
| 2001 | 50.9% | -0.8% |
| 2002 | 50.9% | -0.0% |
| 2003 | 51.0% | +0.3% |
| 2004 | 51.0% | -0.0% |
| 2005 | 50.5% | -1.1% |
| 2006 | 50.0% | -0.9% |
| 2007 | 49.7% | -0.6% |
| 2008 | 49.2% | -1.1% |
| 2009 | 50.0% | +1.7% |
| 2010 | 50.2% | +0.4% |
| 2011 | 50.0% | -0.3% |
| 2012 | 50.7% | +1.4% |
| 2013 | 51.2% | +0.9% |
| 2014 | 52.2% | +2.0% |
| 2015 | 53.0% | +1.4% |
| 2016 | 53.1% | +0.2% |
| 2017 | 54.4% | +2.6% |
| 2018 | 53.9% | -0.9% |
| 2019 | 53.8% | -0.2% |
| 2020 | 53.3% | -0.9% |
| 2021 | 52.6% | -1.4% |
| 2022 | 51.6% | -1.9% |
| 2023 | 44.7% | -13.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 37.1% | 19.5% | 51.8% | 10 |
| 2000s | 50.5% | 49.2% | 51.3% | 10 |
| 2010s | 52.3% | 50.0% | 54.4% | 10 |
| 2020s | 50.5% | 44.7% | 53.3% | 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 subsidies and other transfers in Finland?
- Subsidies and other transfers in Finland was 44.7% in 2023, 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 54.4% in 2017.
- What is the lowest subsidies and other transfers recorded in Finland?
- The lowest recorded value was 19.5% in 1994.
- How does Finland rank for subsidies and other transfers?
- Finland ranks 57th out of 152 countries with data for 2023.
- Is subsidies and other transfers rising or falling in Finland?
- Over the last ten years it is down 12.7%. 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 (% of expense). Statizoid updates them automatically from the source API.
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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 as percentage of total expenses which is any decrease in net worth resulting from a transaction.