Expenditure on old age function by type of benefit and means-testing in Finland

Finland: Expenditure on old age function by type of benefit and means-testing was 39,867 Million euro in 2024. ◆ Volatile

Latest (2024)
39,867 Million euro
Change on year
up 6.2%
World rank
15th
of 36 countries
All-time high
39,867 Million euro
in 2024
All-time low
6,996 Million euro
in 1993
Years of data
35
1990–2024

Expenditure on old age function by type of benefit and means-testing in Finland, 1990–2024

10.0k20.0k30.0k40.0k1990200720241990: 7.7k Million euro1991: 8.3k Million euro1992: 7.7k Million euro1993: 7.0k Million euro1994: 7.8k Million euro1995: 8.8k Million euro1996: 9.2k Million euro1997: 9.2k Million euro1998: 9.3k Million euro1999: 9.8k Million euro2000: 10.2k Million euro2001: 11.0k Million euro2002: 11.8k Million euro2003: 12.4k Million euro2004: 13.1k Million euro2005: 13.7k Million euro2006: 14.5k Million euro2007: 15.5k Million euro2008: 16.3k Million euro2009: 18.0k Million euro2010: 19.2k Million euro2011: 20.4k Million euro2012: 22.1k Million euro2013: 23.6k Million euro2014: 24.8k Million euro2015: 26.3k Million euro2016: 27.6k Million euro2017: 28.8k Million euro2018: 29.7k Million euro2019: 30.9k Million euro2020: 32.0k Million euro2021: 32.7k Million euro2022: 34.1k Million euro2023: 37.6k Million euro2024: 39.9k Million euro

Source: Eurostat. Measured in Million euro.

Analysis

In 2024, expenditure on old age function by type of benefit and means-testing in Finland stood at 39,867 Million euro. That is the highest value across all 35 years on record.

That represents a change of up 6.2% on the previous year and up 60.5% over ten years.

Over the whole period, expenditure on old age function by type of benefit and means-testing in Finland peaked at 39,867 Million euro in 2024 and was at its lowest, 6,996 Million euro, in 1993.

That places Finland 15th out of 36 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 8,479 Million euro 6,996 Million euro 9,782 Million euro 10
2000s 13,652 Million euro 10,234 Million euro 17,985 Million euro 10
2010s 25,335 Million euro 19,169 Million euro 30,872 Million euro 10
2020s 35,267 Million euro 32,048 Million euro 39,867 Million euro 5

Countries ranked near Finland

  1. 12 Türkiye 63,997 Million euro compare
  2. 13 Norway 41,308 Million euro compare
  3. 14 Denmark 40,476 Million euro compare
  4. 16 Portugal 32,062 Million euro compare
  5. 17 Czechia 29,628 Million euro compare
  6. 18 Greece 27,356 Million euro compare

See the full ranking of 45 places →

More reference data data for Finland

All data for Finland →

Frequently asked questions

What is expenditure on old age function by type of benefit and means-testing in Finland?
Expenditure on old age function by type of benefit and means-testing in Finland was 39,867 Million euro in 2024, according to Eurostat.
What is the highest expenditure on old age function by type of benefit and means-testing recorded in Finland?
The highest recorded value was 39,867 Million euro in 2024.
What is the lowest expenditure on old age function by type of benefit and means-testing recorded in Finland?
The lowest recorded value was 6,996 Million euro in 1993.
How does Finland rank for expenditure on old age function by type of benefit and means-testing?
Finland ranks 15th out of 36 countries with data for 2024.
Is expenditure on old age function by type of benefit and means-testing rising or falling in Finland?
Over the last ten years it is up 60.5%. The long-run trend across the full record is volatile.
Where does this Finland data come from?
The figures come from Eurostat, published as part of Expenditure on old age function by type of benefit and means-testing. Statizoid updates them automatically from the source API.

Download this data

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About this data

Indicator
Expenditure on old age function by type of benefit and means-testing
Unit
Million euro
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
45 places, 1,186 data points, 1990–2024
Last refreshed