Poverty: Share of population living on less than $40 a day in Finland

Finland: Poverty: Share of population living on less than $40 a day was 21.2% in 2023. ▼ Falling

Latest (2023)
21.2%
Change on year
up 4.5%
World rank
110th
of 120 countries
All-time high
59.1%
in 1987
All-time low
18.6%
in 2021
Years of data
25
1987–2023

Poverty: Share of population living on less than $40 a day in Finland, 1987–2023

20304050601987200520231987: 59.1 %1991: 47.6 %1995: 57.3 %2000: 44.5 %2003: 39.8 %2004: 36.4 %2005: 33 %2006: 32.5 %2007: 29.6 %2008: 28.1 %2009: 25.4 %2010: 25 %2011: 23.9 %2012: 23.4 %2013: 24 %2014: 23.5 %2015: 23.3 %2016: 22.3 %2017: 21.5 %2018: 20.4 %2019: 20 %2020: 18.9 %2021: 18.6 %2022: 20.3 %2023: 21.2 %

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

Analysis

The most recent figure for poverty: share of population living on less than $40 a day in Finland is 21.2%, measured in 2023.

Compared with earlier readings it is up 4.5% on the previous year and down 11.8% over ten years.

Over the whole period, poverty: share of population living on less than $40 a day in Finland peaked at 59.1% in 1987 and was at its lowest, 18.6%, in 2021.

Finland ranks 110th of 120 countries on this measure, in the bottom quarter.

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

Poverty: Share of population living on less than $40 a day in Finland, year by year

Annual values for Poverty: Share of population living on less than $40 a day in Finland, 1987 to 2023.
Year % Change
1987 59.1%
1991 47.6% -19.5%
1995 57.3% +20.4%
2000 44.5% -22.3%
2003 39.8% -10.6%
2004 36.4% -8.4%
2005 33.0% -9.4%
2006 32.5% -1.6%
2007 29.6% -8.9%
2008 28.1% -5.1%
2009 25.4% -9.4%
2010 25.0% -1.6%
2011 23.9% -4.6%
2012 23.4% -2.2%
2013 24.0% +2.8%
2014 23.5% -2.1%
2015 23.3% -1.0%
2016 22.3% -4.1%
2017 21.5% -3.4%
2018 20.4% -5.2%
2019 20.0% -2.3%
2020 18.9% -5.2%
2021 18.6% -1.6%
2022 20.3% +9.0%
2023 21.2% +4.5%

Averages by decade

DecadeAverage LowestHighest Years
1980s 59.1% 59.1% 59.1% 1
1990s 52.5% 47.6% 57.3% 2
2000s 33.7% 25.4% 44.5% 8
2010s 22.7% 20.0% 25.0% 10
2020s 19.7% 18.6% 21.2% 4

Countries ranked near Finland

  1. 107 Sweden 24.5% compare
  2. 108 Australia 22.8% compare
  3. 109 United States of America 22.6% compare
  4. 111 Germany 19.7% compare
  5. 112 Canada 18.9% compare
  6. 113 Belgium 17.2% compare

See the full ranking of 120 places →

More poverty & inequality data for Finland

All data for Finland →

Frequently asked questions

What is poverty: share of population living on less than $40 a day in Finland?
Poverty: share of population living on less than $40 a day in Finland was 21.2% in 2023, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest poverty: share of population living on less than $40 a day recorded in Finland?
The highest recorded value was 59.1% in 1987.
What is the lowest poverty: share of population living on less than $40 a day recorded in Finland?
The lowest recorded value was 18.6% in 2021.
How does Finland rank for poverty: share of population living on less than $40 a day?
Finland ranks 110th out of 120 countries with data for 2023.
Is poverty: share of population living on less than $40 a day rising or falling in Finland?
Over the last ten years it is down 11.8%. The long-run trend across the full record is falling.
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 Poverty: Share of population living on less than $40 a day. Statizoid updates them automatically from the source API.

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Poverty: Share of population living on less than $40 a day in Finland. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 03 September 2026, from https://poverty.statizoid.com/stat/poverty-share-of-population-living-on-less-than-40-a-day/finland/

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About this data

Indicator
Poverty: Share of population living on less than $40 a day
Unit
%
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

Percentage of population living in households with an income or consumption below $40 per day.