Tax revenue in Finland
Finland: Tax revenue was 25.3% in 2024. ▼ Falling
Tax revenue in Finland, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Finland recorded 25.3% for tax revenue in 2024.
That represents a change of down 0.1% on the previous year and up 22.1% over ten years.
Over the whole period, tax revenue in Finland peaked at 25.4% in 2023 and was at its lowest, 18.6%, in 2010.
That places Finland 13th out of 157 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently falling across the 53 years of available data.
Tax revenue in Finland, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1972 | 21.8% | — |
| 1973 | 22.0% | +1.1% |
| 1974 | 21.3% | -3.0% |
| 1975 | 22.2% | +3.8% |
| 1976 | 24.7% | +11.5% |
| 1977 | 24.2% | -1.9% |
| 1978 | 22.4% | -7.4% |
| 1979 | 21.2% | -5.5% |
| 1980 | 21.5% | +1.3% |
| 1981 | 22.5% | +5.0% |
| 1982 | 22.2% | -1.6% |
| 1983 | 22.3% | +0.8% |
| 1984 | 22.7% | +1.8% |
| 1985 | 23.5% | +3.3% |
| 1986 | 24.0% | +2.1% |
| 1987 | 22.7% | -5.5% |
| 1988 | 24.2% | +6.7% |
| 1989 | 24.7% | +1.9% |
| 1990 | 24.4% | -1.0% |
| 1991 | 24.4% | +0.1% |
| 1992 | 24.9% | +1.8% |
| 1993 | 22.4% | -9.8% |
| 1994 | 23.1% | +3.1% |
| 1995 | 20.7% | -10.4% |
| 1996 | 21.9% | +5.8% |
| 1997 | 22.6% | +3.2% |
| 1998 | 22.7% | +0.4% |
| 1999 | 22.4% | -1.4% |
| 2000 | 24.3% | +8.3% |
| 2001 | 21.9% | -9.7% |
| 2002 | 22.5% | +2.7% |
| 2003 | 22.1% | -1.8% |
| 2004 | 21.8% | -1.1% |
| 2005 | 21.8% | -0.1% |
| 2006 | 21.4% | -1.7% |
| 2007 | 21.1% | -1.7% |
| 2008 | 20.5% | -2.7% |
| 2009 | 18.9% | -7.8% |
| 2010 | 18.6% | -1.5% |
| 2011 | 20.1% | +7.8% |
| 2012 | 20.2% | +0.7% |
| 2013 | 20.7% | +2.6% |
| 2014 | 20.7% | +0.0% |
| 2015 | 20.6% | -0.7% |
| 2016 | 21.0% | +1.9% |
| 2017 | 20.9% | -0.5% |
| 2018 | 21.0% | +0.4% |
| 2019 | 20.8% | -0.9% |
| 2020 | 20.0% | -3.7% |
| 2021 | 20.8% | +4.1% |
| 2022 | 21.2% | +1.8% |
| 2023 | 25.4% | +19.6% |
| 2024 | 25.3% | -0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.5% | 21.2% | 24.7% | 8 |
| 1980s | 23.0% | 21.5% | 24.7% | 10 |
| 1990s | 23.0% | 20.7% | 24.9% | 10 |
| 2000s | 21.6% | 18.9% | 24.3% | 10 |
| 2010s | 20.5% | 18.6% | 21.0% | 10 |
| 2020s | 22.5% | 20.0% | 25.4% | 5 |
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 tax revenue in Finland?
- Tax revenue in Finland was 25.3% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Finland?
- The highest recorded value was 25.4% in 2023.
- What is the lowest tax revenue recorded in Finland?
- The lowest recorded value was 18.6% in 2010.
- How does Finland rank for tax revenue?
- Finland ranks 13th out of 157 countries with data for 2024.
- Is tax revenue rising or falling in Finland?
- Over the last ten years it is up 22.1%. 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 Tax revenue (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.