Palma ratio in Finland

Finland: Palma ratio was 0.968 in 2023. ▲ Rising

Latest (2023)
0.968
Change on year
down 3.2%
World rank
108th
of 120 countries
All-time high
1.02
in 2007
All-time low
0.7397
in 1987
Years of data
25
1987–2023

Palma ratio in Finland, 1987–2023

00.250.50.7511987200520231987: 0.741991: 0.7671995: 0.8042000: 0.9672003: 0.9892004: 12005: 0.9872006: 12007: 12008: 0.9942009: 0.9732010: 0.982011: 0.9822012: 0.9522013: 0.9562014: 0.9352015: 0.9572016: 0.9572017: 0.9712018: 0.9682019: 0.9932020: 0.9622021: 0.992022: 12023: 0.968

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.

Analysis

The most recent figure for palma ratio in Finland is 0.968, measured in 2023.

That represents a change of down 3.2% on the previous year and up 1.3% over ten years.

Over the whole period, palma ratio in Finland peaked at 1.02 in 2007 and was at its lowest, 0.7397, in 1987.

That places Finland 108th out of 120 countries with data for 2023, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 25 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.7397 0.7397 0.7397 1
1990s 0.7853 0.767 0.8036 2
2000s 0.9915 0.9674 1.02 8
2010s 0.9649 0.9349 0.9929 10
2020s 0.9801 0.9621 1 4

Countries ranked near Finland

  1. 105 Armenia 0.9963 compare
  2. 106 Kyrgyzstan 0.9852 compare
  3. 107 Azerbaijan 0.9795 compare
  4. 109 Moldova 0.9549 compare
  5. 110 Iceland 0.9491 compare
  6. 111 Belgium 0.9453 compare

See the full ranking of 120 places →

More reference data data for Finland

All data for Finland →

Frequently asked questions

What is palma ratio in Finland?
Palma ratio in Finland was 0.968 in 2023, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest palma ratio recorded in Finland?
The highest recorded value was 1.02 in 2007.
What is the lowest palma ratio recorded in Finland?
The lowest recorded value was 0.7397 in 1987.
How does Finland rank for palma ratio?
Finland ranks 108th out of 120 countries with data for 2023.
Is palma ratio rising or falling in Finland?
Over the last ten years it is up 1.3%. The long-run trend across the full record is rising.
Where does this Finland data come from?
The figures come from World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Palma ratio. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Palma ratio
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,148 data points, 1963–2025
Last refreshed

The Palma ratio is a measure of inequality that divides the share received by the richest 10% by the share of the poorest 40%. Higher values indicate higher inequality.