Wage bill as a percentage of GDP in Finland

Finland: Wage bill as a percentage of GDP was 12.6% in 2022. β–¬ Flat

Latest (2022)
12.6%
Change on year
down 0.8%
World rank
27th
of 190 countries
All-time high
14.3%
in 2013
All-time low
12.4%
in 2018
Years of data
23
2000–2022

Wage bill as a percentage of GDP in Finland, 2000–2022

0510152000201120222000: 12.72001: 12.52002: 12.82003: 13.12004: 13.12005: 13.32006: 132007: 12.52008: 12.82009: 14.22010: 142011: 13.92012: 14.22013: 14.32014: 14.12015: 13.82016: 13.22017: 12.42018: 12.42019: 12.52020: 12.82021: 12.72022: 12.6

Source: World Bank.

Analysis

In 2022, wage bill as a percentage of gdp in Finland stood at 12.6%.

Compared with earlier readings it is down 0.8% on the previous year and down 11.6% over ten years.

Over the whole period, wage bill as a percentage of gdp in Finland peaked at 14.3% in 2013 and was at its lowest, 12.4%, in 2018.

Finland ranks 27th of 190 countries on this measure, in the top quarter.

Averages by decade

DecadeAverage LowestHighest Years
2000s 13.0% 12.5% 14.2% 10
2010s 13.5% 12.4% 14.3% 10
2020s 12.7% 12.6% 12.8% 3

Countries ranked near Finland

  1. 24 Bolivia, Plurinational State of 13.0% compare
  2. 25 Afghanistan 12.7% compare
  3. 26 Cyprus 12.6% compare
  4. 28 Sweden 12.4% compare
  5. 29 France 12.4% compare
  6. 30 Canada 12.4% compare

See the full ranking of 190 places β†’

More reference data data for Finland

All data for Finland β†’

Frequently asked questions

What is wage bill as a percentage of gdp in Finland?
Wage bill as a percentage of gdp in Finland was 12.6% in 2022, according to the World Bank.
What is the highest wage bill as a percentage of gdp recorded in Finland?
The highest recorded value was 14.3% in 2013.
What is the lowest wage bill as a percentage of gdp recorded in Finland?
The lowest recorded value was 12.4% in 2018.
How does Finland rank for wage bill as a percentage of gdp?
Finland ranks 27th out of 190 countries with data for 2022.
Is wage bill as a percentage of gdp rising or falling in Finland?
Over the last ten years it is down 11.6%. The long-run trend across the full record is flat.
Where does this Finland data come from?
The figures come from the World Bank, published as part of Wage bill as a percentage of GDP. Statizoid updates them automatically from the source API.

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Wage bill as a percentage of GDP in Finland. Statizoid. Retrieved 21 August 2026, from https://reference.statizoid.com/stat/wage-bill-as-a-percentage-of-gdp/finland/

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About this data

Indicator
Wage bill as a percentage of GDP
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 4,104 data points, 2000–2022
Last refreshed