Paying taxes: Labor tax and contributions in Finland
Finland: Paying taxes: Labor tax and contributions was 23.0% in 2019. ▼ Falling
Paying taxes: Labor tax and contributions in Finland, 2005–2019
Source: World Bank. Measured in % of profits.
Analysis
Finland recorded 23.0% for paying taxes: labor tax and contributions in 2019. That is the lowest value across all 15 years on record.
Compared with earlier readings it is down 3.8% on the previous year and down 22.3% over ten years.
Over the whole period, paying taxes: labor tax and contributions in Finland peaked at 29.7% in 2007 and was at its lowest, 23.0%, in 2019.
That places Finland 49th out of 190 countries with data for 2019, putting it in the middle of the range.
The long-run direction has been consistently falling across the 15 years of available data.
Paying taxes: Labor tax and contributions in Finland, year by year
| Year | % of profits | Change |
|---|---|---|
| 2005 | 29.4% | — |
| 2006 | 29.6% | +0.7% |
| 2007 | 29.7% | +0.3% |
| 2008 | 29.7% | +0.0% |
| 2009 | 29.6% | -0.3% |
| 2010 | 23.9% | -19.3% |
| 2011 | 24.2% | +1.3% |
| 2012 | 24.4% | +0.8% |
| 2013 | 24.5% | +0.4% |
| 2014 | 24.2% | -1.2% |
| 2015 | 24.8% | +2.5% |
| 2016 | 25.1% | +1.2% |
| 2017 | 25.4% | +1.2% |
| 2018 | 23.9% | -5.9% |
| 2019 | 23.0% | -3.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 29.6% | 29.4% | 29.7% | 5 |
| 2010s | 24.3% | 23.0% | 25.4% | 10 |
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 paying taxes: labor tax and contributions in Finland?
- Paying taxes: labor tax and contributions in Finland was 23.0% in 2019, according to the World Bank.
- What is the highest paying taxes: labor tax and contributions recorded in Finland?
- The highest recorded value was 29.7% in 2007.
- What is the lowest paying taxes: labor tax and contributions recorded in Finland?
- The lowest recorded value was 23.0% in 2019.
- How does Finland rank for paying taxes: labor tax and contributions?
- Finland ranks 49th out of 190 countries with data for 2019.
- Is paying taxes: labor tax and contributions rising or falling in Finland?
- Over the last ten years it is down 22.3%. The long-run trend across the full record is falling.
- Where does this Finland data come from?
- The figures come from the World Bank, published as part of Paying taxes: Labor tax and contributions (% of profits). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The labor tax and contributions measures all government mandated labor contributions that are borne by the business in the second year of operation, expressed as a share of commercial pro?t.