Government expenditure on tertiary education, US$ in Finland

Finland: Government expenditure on tertiary education, US$ was 4,223 millions in 2017. ◆ Volatile

Latest (2017)
4,223 millions
Change on year
down 3.5%
World rank
31st
of 158 countries
All-time high
5,681 millions
in 2011
All-time low
68.27 millions
in 1970
Years of data
44
1970–2017

Government expenditure on tertiary education, US$ in Finland, 1970–2017

02.0k4.0k6.0k1970199320171970: 68.3 millions1971: 74 millions1972: 94.9 millions1973: 135.1 millions1974: 169.5 millions1975: 229.9 millions1976: 258.7 millions1979: 451.7 millions1980: 546 millions1981: 534.7 millions1982: 528.3 millions1983: 500.8 millions1984: 512 millions1985: 593 millions1986: 748 millions1987: 1.0k millions1988: 1.3k millions1989: 1.4k millions1990: 1.9k millions1991: 2.3k millions1992: 2.2k millions1993: 1.9k millions1994: 1.8k millions1995: 2.6k millions1996: 2.6k millions1999: 2.7k millions2000: 2.4k millions2001: 2.5k millions2002: 2.7k millions2003: 3.4k millions2004: 3.9k millions2005: 3.9k millions2006: 4.1k millions2007: 4.6k millions2008: 5.1k millions2009: 5.2k millions2010: 5.2k millions2011: 5.7k millions2012: 5.3k millions2013: 5.4k millions2014: 5.4k millions2015: 4.4k millions2016: 4.4k millions2017: 4.2k millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

In 2017, government expenditure on tertiary education, us$ in Finland stood at 4,223 millions.

The figure is down 3.5% on the previous year and down 7.3% over ten years.

Over the whole period, government expenditure on tertiary education, us$ in Finland peaked at 5,681 millions in 2011 and was at its lowest, 68.27 millions, in 1970.

That places Finland 31st out of 158 countries with data for 2017, putting it in the top quarter.

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

Government expenditure on tertiary education, US$ in Finland, year by year

Annual values for Government expenditure on tertiary education, US$ (millions) in Finland, 1970 to 2017.
Year millions Change
1970 68.27 millions —
1971 74.02 millions +8.4%
1972 94.91 millions +28.2%
1973 135.05 millions +42.3%
1974 169.51 millions +25.5%
1975 229.87 millions +35.6%
1976 258.68 millions +12.5%
1979 451.69 millions +74.6%
1980 545.98 millions +20.9%
1981 534.73 millions -2.1%
1982 528.3 millions -1.2%
1983 500.82 millions -5.2%
1984 512.04 millions +2.2%
1985 593.04 millions +15.8%
1986 748.01 millions +26.1%
1987 1,015 millions +35.7%
1988 1,256 millions +23.7%
1989 1,438 millions +14.5%
1990 1,918 millions +33.4%
1991 2,291 millions +19.5%
1992 2,198 millions -4.0%
1993 1,885 millions -14.2%
1994 1,823 millions -3.3%
1995 2,597 millions +42.5%
1996 2,567 millions -1.1%
1999 2,685 millions +4.6%
2000 2,442 millions -9.0%
2001 2,490 millions +1.9%
2002 2,730 millions +9.7%
2003 3,384 millions +23.9%
2004 3,908 millions +15.5%
2005 3,925 millions +0.4%
2006 4,070 millions +3.7%
2007 4,554 millions +11.9%
2008 5,144 millions +12.9%
2009 5,178 millions +0.7%
2010 5,162 millions -0.3%
2011 5,681 millions +10.1%
2012 5,274 millions -7.2%
2013 5,419 millions +2.8%
2014 5,442 millions +0.4%
2015 4,401 millions -19.1%
2016 4,376 millions -0.6%
2017 4,223 millions -3.5%

Finland compared with similar countries

  • Finland's 4,223 millions is above the median for high income countries, which is 1,389 millions, 3.0× the median. (62 countries reporting)
  • Finland's 4,223 millions is above the median for Europe & Central Asia, which is 942.05 millions, 4.5× the median. (46 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 185.25 millions 68.27 millions 451.69 millions 8
1980s 767.16 millions 500.82 millions 1,438 millions 10
1990s 2,246 millions 1,823 millions 2,685 millions 8
2000s 3,783 millions 2,442 millions 5,178 millions 10
2010s 4,997 millions 4,223 millions 5,681 millions 8

Countries ranked near Finland

  1. 28 Indonesia 4,874 millions compare
  2. 29 Turkey 4,847 millions compare
  3. 30 Hong Kong 4,803 millions compare
  4. 32 South Africa 4,176 millions compare
  5. 33 Chile 3,791 millions compare
  6. 34 Colombia 3,467 millions compare

See the full ranking of 158 places →

More reference data data for Finland

All data for Finland →

Frequently asked questions

What is government expenditure on tertiary education, us$ in Finland?
Government expenditure on tertiary education, us$ in Finland was 4,223 millions in 2017, according to UNESCO Institute for Statistics.
What is the highest government expenditure on tertiary education, us$ recorded in Finland?
The highest recorded value was 5,681 millions in 2011.
What is the lowest government expenditure on tertiary education, us$ recorded in Finland?
The lowest recorded value was 68.27 millions in 1970.
How does Finland rank for government expenditure on tertiary education, us$?
Finland ranks 31st out of 158 countries with data for 2017.
Is government expenditure on tertiary education, us$ rising or falling in Finland?
Over the last ten years it is down 7.3%. The long-run trend across the full record is volatile.
Where does this Finland data come from?
The figures come from UNESCO Institute for Statistics, published as part of Government expenditure on tertiary education, US$ (millions). Statizoid updates them automatically from the source API.

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Government expenditure on tertiary education, US$ in Finland. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 29 September 2026, from https://reference.statizoid.com/stat/government-expenditure-on-tertiary-education-us-millions/finland/

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About this data

Indicator
Government expenditure on tertiary education, US$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
158 places, 3,257 data points, 1970–2019
Last refreshed

Total general (local, regional and central) government expenditure on tertiary education (current, capital, and transfers) in millions US$ (nominal value). It includes expenditure funded by transfers from international sources to government. Total government expenditure for a given level of education (e.g. primary, secondary, or all levels combined) in national currency is converted to US$. Limitations: In some instances data on total government expenditure on education refers only to the Ministry of Education, excluding other ministries which may also spend a part of their budget on educational activities. For more information, consult the UNESCO Institute of Statistics website: http://www.uis.unesco.org/Education/