Finland
Government finance and cost-of-living data from Eurostat — spending, debt, tax, and comparative prices.
Headline stats
Government debt
88.5% GDP
2025
EU27 avg: 81.7% GDP (2025)
Govt expenditure
57.7% GDP
2024
Budget deficit
3.4% GDP
2025
EU27 avg: 3.1% GDP (2025)
Tax revenue
13.9% GDP
2024
Public sector jobs
843k
2025
Tax rates
What Finland takes — statutory rates and effective burden on workers.
Labour tax wedge
30.9% of labour cost
2025
Top income tax rate
51%
2024
Corporate tax rate
20%
2024
Standard VAT rate
26%
2024
Labour tax wedge: effective % of gross labour cost (salary + employer contributions) going to income tax and social contributions for a single person at average wage. Source: Eurostat earn_nt_taxrate. Statutory rates: OECD Taxing Wages 2024 / EC Taxation Trends 2024.
Comparative prices
Finland is 20.1% more expensive than the EU average overall (2024). Index: EU27 = 100.
| Category | Price index | vs EU avg |
|---|---|---|
| Overall price level | 120.1 | +20.1% |
| Food & non-alcoholic drinks | 109.8 | +9.8% |
| Housing, utilities & energy | 129.0 | +29.0% |
| Restaurants & hotels | 126.8 | +26.8% |
| Transport | 111.8 | +11.8% |
| Health | 153.1 | +53.1% |
| Education | 123.9 | +23.9% |
| Clothing & footwear | 120.7 | +20.7% |
| Recreation & culture | 124.2 | +24.2% |
| Alcohol & tobacco | 175.4 | +75.4% |
| Household furnishings | 109.5 | +9.5% |
| Communication | 110.4 | +10.4% |
| Miscellaneous | 129.5 | +29.5% |
Source: Eurostat prc_ppp_ind. EU27_2020 = 100. Green = cheaper than EU average.
Government debt since 2011
| Year | Debt (% GDP) | Change |
|---|---|---|
| 2011 | 52 | — |
| 2012 | 57.9 | +5.9 |
| 2013 | 60.8 | +2.9 |
| 2014 | 64.8 | +4 |
| 2015 | 68.8 | +4 |
| 2016 | 68.6 | -0.2 |
| 2017 | 66.6 | -2 |
| 2018 | 65.4 | -1.2 |
| 2019 | 65.3 | -0.1 |
| 2020 | 75.3 | +10 |
| 2021 | 73.1 | -2.2 |
| 2022 | 74 | +0.9 |
| 2023 | 77 | +3 |
| 2024 | 82.4 | +5.4 |
| 2025 | 88.5 | +6.1 |
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Data sources
| Dataset | Source | Coverage |
|---|---|---|
| Govt expenditure / debt / deficit | Eurostat gov_10dd_edpt1 | 1995–2025 |
| Tax revenue | Eurostat gov_10a_taxag | 1995–2025 |
| Public employment (NACE O-Q) | Eurostat nama_10_a64_e | 1995–2024 |
| Tax breakdown (VAT, income, social) | Eurostat gov_10a_taxag | 2000–2023 |
| Labour tax wedge | Eurostat earn_nt_taxrate | 2000–2023 |
| Statutory tax rates (income, corporate, VAT) | OECD / EC Taxation Trends 2024 | 2024 |
| Comparative price levels (13 categories) | Eurostat prc_ppp_ind | 1995–2024 |