Poverty headcount ratio at societal poverty line in Finland
Finland: Poverty headcount ratio at societal poverty line was 8.7% in 2023. ▲ Rising
Poverty headcount ratio at societal poverty line in Finland, 1987–2023
Source: World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ. Measured in % of population.
Analysis
Finland recorded 8.7% for poverty headcount ratio at societal poverty line in 2023. That is the highest value across all 25 years on record.
That represents a change of up 14.5% on the previous year and up 11.5% over ten years.
Over the whole period, poverty headcount ratio at societal poverty line in Finland peaked at 8.7% in 2023 and was at its lowest, 4.3%, in 1995.
Finland ranks 113th of 123 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Poverty headcount ratio at societal poverty line in Finland, year by year
| Year | % of population | Change |
|---|---|---|
| 1987 | 5.6% | — |
| 1991 | 5.1% | -8.9% |
| 1995 | 4.3% | -15.7% |
| 2000 | 7.5% | +74.4% |
| 2003 | 7.9% | +5.3% |
| 2004 | 7.3% | -7.6% |
| 2005 | 7.3% | +0.0% |
| 2006 | 7.9% | +8.2% |
| 2007 | 7.9% | +0.0% |
| 2008 | 8.2% | +3.8% |
| 2009 | 8.2% | +0.0% |
| 2010 | 8.4% | +2.4% |
| 2011 | 7.9% | -6.0% |
| 2012 | 7.6% | -3.8% |
| 2013 | 7.8% | +2.6% |
| 2014 | 8.0% | +2.6% |
| 2015 | 7.7% | -3.7% |
| 2016 | 7.6% | -1.3% |
| 2017 | 8.1% | +6.6% |
| 2018 | 7.7% | -4.9% |
| 2019 | 8.0% | +3.9% |
| 2020 | 7.7% | -3.7% |
| 2021 | 7.8% | +1.3% |
| 2022 | 7.6% | -2.6% |
| 2023 | 8.7% | +14.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 5.6% | 5.6% | 5.6% | 1 |
| 1990s | 4.7% | 4.3% | 5.1% | 2 |
| 2000s | 7.8% | 7.3% | 8.2% | 8 |
| 2010s | 7.9% | 7.6% | 8.4% | 10 |
| 2020s | 7.9% | 7.6% | 8.7% | 4 |
Countries ranked near Finland
More poverty & inequality data for Finland
- Number of income/consumption surveys in the past decade available via the World Bank 8 surveys (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per person (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per US$ of GDP (2025)
- Fertility rate vs. share living in extreme poverty 1.28 live births per woman (2023)
- Cereal yield vs. share in extreme poverty 3,310 kg per hectare (2023)
- Cereal yield vs extreme poverty, per unit of GDP 0 units per US$ of GDP (2023)
- Cereal yield vs extreme poverty, annual growth rate -12.19 % change on previous year (2023)
- Tax revenues vs income inequality, gaps filled 42.69 (2023)
- Tax revenue as share of GDP vs. income inequality 42.7% (2023)
- Tax revenues vs income inequality, per unit of GDP 0 units per US$ of GDP (2023)
Frequently asked questions
- What is poverty headcount ratio at societal poverty line in Finland?
- Poverty headcount ratio at societal poverty line in Finland was 8.7% in 2023, according to World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ.
- What is the highest poverty headcount ratio at societal poverty line recorded in Finland?
- The highest recorded value was 8.7% in 2023.
- What is the lowest poverty headcount ratio at societal poverty line recorded in Finland?
- The lowest recorded value was 4.3% in 1995.
- How does Finland rank for poverty headcount ratio at societal poverty line?
- Finland ranks 113th out of 123 countries with data for 2023.
- Is poverty headcount ratio at societal poverty line rising or falling in Finland?
- Over the last ten years it is up 11.5%. 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. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ, published as part of Poverty headcount ratio at societal poverty line (% of population). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The poverty headcount ratio at societal poverty line is the percentage of a population living in poverty according to the World Bank's Societal Poverty Line. The Societal Poverty Line is expressed in purchasing power adjusted 2021 U.S. dollars and defined as max($3.00, $1.30 + 0.5*Median). This means that when the national median is sufficiently low, the Societal Poverty line is equivalent to the extreme poverty line, $3.00. For countries with a sufficiently high national median, the Societal Poverty Line grows as countries’ median income grows.