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
18th
of 45 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
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 18th out of 45 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.
Expenditure on old age function by type of benefit and means-testing in Finland, year by year
| Year | Million euro | Change |
|---|---|---|
| 1990 | 7,730 Million euro | — |
| 1991 | 8,291 Million euro | +7.3% |
| 1992 | 7,692 Million euro | -7.2% |
| 1993 | 6,996 Million euro | -9.0% |
| 1994 | 7,778 Million euro | +11.2% |
| 1995 | 8,831 Million euro | +13.5% |
| 1996 | 9,215 Million euro | +4.4% |
| 1997 | 9,199 Million euro | -0.2% |
| 1998 | 9,272 Million euro | +0.8% |
| 1999 | 9,782 Million euro | +5.5% |
| 2000 | 10,234 Million euro | +4.6% |
| 2001 | 11,023 Million euro | +7.7% |
| 2002 | 11,793 Million euro | +7.0% |
| 2003 | 12,446 Million euro | +5.5% |
| 2004 | 13,068 Million euro | +5.0% |
| 2005 | 13,697 Million euro | +4.8% |
| 2006 | 14,528 Million euro | +6.1% |
| 2007 | 15,451 Million euro | +6.4% |
| 2008 | 16,298 Million euro | +5.5% |
| 2009 | 17,985 Million euro | +10.4% |
| 2010 | 19,169 Million euro | +6.6% |
| 2011 | 20,381 Million euro | +6.3% |
| 2012 | 22,052 Million euro | +8.2% |
| 2013 | 23,628 Million euro | +7.1% |
| 2014 | 24,833 Million euro | +5.1% |
| 2015 | 26,311 Million euro | +6.0% |
| 2016 | 27,552 Million euro | +4.7% |
| 2017 | 28,808 Million euro | +4.6% |
| 2018 | 29,743 Million euro | +3.2% |
| 2019 | 30,872 Million euro | +3.8% |
| 2020 | 32,048 Million euro | +3.8% |
| 2021 | 32,738 Million euro | +2.2% |
| 2022 | 34,130 Million euro | +4.3% |
| 2023 | 37,554 Million euro | +10.0% |
| 2024 | 39,867 Million euro | +6.2% |
Finland compared with similar countries
- Finland's 39,867 Million euro is above the median for Europe & Central Asia, which is 26,846 Million euro, 1.5× the median. (34 countries reporting)
- Finland's 39,867 Million euro is above the median for high income countries, which is 29,628 Million euro, 1.3× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More reference data data for Finland
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.2998 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.1241 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 1.5 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.1748 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 1.5 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.01 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.6733 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.6503 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 6.94 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.9518 (2050)
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 18th out of 45 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.
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