Taxes on goods and services in Finland
Finland: Taxes on goods and services was 15.8% in 2024. ▬ Flat
Taxes on goods and services in Finland, 1975–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % value added of industry and services.
Analysis
The most recent figure for taxes on goods and services in Finland is 15.8%, measured in 2024.
That represents a change of up 1.1% on the previous year and down 9.8% over ten years.
Over the whole period, taxes on goods and services in Finland peaked at 18.8% in 1989 and was at its lowest, 14.1%, in 1975.
That places Finland 23rd out of 154 countries with data for 2024, putting it in the top quarter.
Taxes on goods and services in Finland, year by year
| Year | % value added of industry and services | Change |
|---|---|---|
| 1975 | 14.1% | — |
| 1976 | 14.6% | +3.9% |
| 1977 | 15.9% | +9.0% |
| 1978 | 16.5% | +3.8% |
| 1979 | 16.5% | -0.0% |
| 1980 | 16.4% | -0.7% |
| 1981 | 16.7% | +1.6% |
| 1982 | 16.9% | +1.2% |
| 1983 | 16.9% | +0.5% |
| 1984 | 16.8% | -0.7% |
| 1985 | 17.0% | +1.3% |
| 1986 | 17.0% | +0.1% |
| 1987 | 17.0% | +0.0% |
| 1988 | 18.0% | +5.4% |
| 1989 | 18.8% | +4.4% |
| 1990 | 17.9% | -4.5% |
| 1991 | 17.8% | -0.7% |
| 1992 | 17.3% | -2.8% |
| 1993 | 16.9% | -2.0% |
| 1994 | 16.5% | -2.5% |
| 1995 | 16.0% | -3.1% |
| 1996 | 16.1% | +0.9% |
| 1997 | 17.2% | +6.6% |
| 1998 | 16.8% | -2.5% |
| 1999 | 16.7% | -0.5% |
| 2000 | 16.0% | -3.9% |
| 2001 | 15.3% | -4.9% |
| 2002 | 15.7% | +2.9% |
| 2003 | 16.3% | +3.6% |
| 2004 | 15.9% | -2.1% |
| 2005 | 15.9% | +0.2% |
| 2006 | 15.8% | -0.7% |
| 2007 | 15.1% | -4.5% |
| 2008 | 14.8% | -2.4% |
| 2009 | 15.4% | +4.6% |
| 2010 | 15.5% | +0.3% |
| 2011 | 16.7% | +7.7% |
| 2012 | 17.1% | +2.4% |
| 2013 | 17.6% | +3.1% |
| 2014 | 17.5% | -0.4% |
| 2015 | 17.2% | -1.9% |
| 2016 | 17.7% | +2.8% |
| 2017 | 17.2% | -2.8% |
| 2018 | 17.5% | +1.7% |
| 2019 | 17.2% | -1.3% |
| 2020 | 17.1% | -0.7% |
| 2021 | 17.0% | -0.8% |
| 2022 | 16.6% | -2.4% |
| 2023 | 15.6% | -5.7% |
| 2024 | 15.8% | +1.1% |
Finland compared with similar countries
- Finland's 15.8% is above the median for high income countries, which is 11.7%, 1.4× the median. (55 countries reporting)
- Finland's 15.8% is above the median for Europe & Central Asia, which is 13.0%, 1.2× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.5% | 14.1% | 16.5% | 5 |
| 1980s | 17.2% | 16.4% | 18.8% | 10 |
| 1990s | 16.9% | 16.0% | 17.9% | 10 |
| 2000s | 15.6% | 14.8% | 16.3% | 10 |
| 2010s | 17.1% | 15.5% | 17.7% | 10 |
| 2020s | 16.4% | 15.6% | 17.1% | 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 taxes on goods and services in Finland?
- Taxes on goods and services in Finland was 15.8% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Finland?
- The highest recorded value was 18.8% in 1989.
- What is the lowest taxes on goods and services recorded in Finland?
- The lowest recorded value was 14.1% in 1975.
- How does Finland rank for taxes on goods and services?
- Finland ranks 23rd out of 154 countries with data for 2024.
- Is taxes on goods and services rising or falling in Finland?
- Over the last ten years it is down 9.8%. The long-run trend across the full record is flat.
- 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 Taxes on goods and services (% value added of industry and services). Statizoid updates them automatically from the source API.
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About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed as a percentage of value added in industry and services which is the contribution to the economy by industries in ISIC (Rev. 3) divisions 05-43 and 50-99.