Prosperity gap in Finland
Finland: Prosperity gap was 0.7 average shortfall from a prosperity standard of $28/day in 2023. ▼ Falling
Prosperity gap 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 average shortfall from a prosperity standard of $28/day.
Analysis
Finland recorded 0.7 average shortfall from a prosperity standard of $28/day for prosperity gap in 2023.
Compared with earlier readings it is up 16.7% on the previous year and up 16.7% over ten years.
Over the whole period, prosperity gap in Finland peaked at 0.8 average shortfall from a prosperity standard of $28/day in 1987 and was at its lowest, 0.5 average shortfall from a prosperity standard of $28/day, in 2021.
Finland ranks 110th of 123 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 25 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.8 average shortfall from a prosperity standard of $28/day | 0.8 average shortfall from a prosperity standard of $28/day | 0.8 average shortfall from a prosperity standard of $28/day | 1 |
| 1990s | 0.75 average shortfall from a prosperity standard of $28/day | 0.7 average shortfall from a prosperity standard of $28/day | 0.8 average shortfall from a prosperity standard of $28/day | 2 |
| 2000s | 0.6625 average shortfall from a prosperity standard of $28/day | 0.6 average shortfall from a prosperity standard of $28/day | 0.7 average shortfall from a prosperity standard of $28/day | 8 |
| 2010s | 0.6 average shortfall from a prosperity standard of $28/day | 0.6 average shortfall from a prosperity standard of $28/day | 0.6 average shortfall from a prosperity standard of $28/day | 10 |
| 2020s | 0.6 average shortfall from a prosperity standard of $28/day | 0.5 average shortfall from a prosperity standard of $28/day | 0.7 average shortfall from a prosperity standard of $28/day | 4 |
Countries ranked near Finland
- 107 Austria 0.8 average shortfall from a prosperity standard of $28/day compare
- 107 Czechia 0.8 average shortfall from a prosperity standard of $28/day compare
- 107 Denmark 0.8 average shortfall from a prosperity standard of $28/day compare
- 110 Canada 0.7 average shortfall from a prosperity standard of $28/day compare
- 110 Ireland 0.7 average shortfall from a prosperity standard of $28/day compare
- 110 Korea 0.7 average shortfall from a prosperity standard of $28/day compare
- 110 Malta 0.7 average shortfall from a prosperity standard of $28/day compare
More poverty & inequality data for Finland
- Data deprivation poverty surveys per decade 8 (2025)
- Fertility rate vs the share living in extreme poverty 1.28 (2023)
- Cereal yield vs extreme poverty 3,310 (2023)
- Cereal yield vs extreme poverty, per unit of GDP 0 units per US$ 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 revenues vs income inequality 42.69 (2023)
- Tax revenues vs income inequality, per unit of GDP 0 units per US$ of GDP (2023)
- Tax revenues vs income inequality, annual growth rate -1.7 % change on previous year (2023)
- Gender inequality index from the human development report 0.021 (2023)
Frequently asked questions
- What is prosperity gap in Finland?
- Prosperity gap in Finland was 0.7 average shortfall from a prosperity standard of $28/day 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 prosperity gap recorded in Finland?
- The highest recorded value was 0.8 average shortfall from a prosperity standard of $28/day in 1987.
- What is the lowest prosperity gap recorded in Finland?
- The lowest recorded value was 0.5 average shortfall from a prosperity standard of $28/day in 2021.
- How does Finland rank for prosperity gap?
- Finland ranks 110th out of 123 countries with data for 2023.
- Is prosperity gap rising or falling in Finland?
- Over the last ten years it is up 16.7%. 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. 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 Prosperity gap (average shortfall from a prosperity standard of $28/day). Statizoid updates them automatically from the source API.
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CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The average shortfall from a prosperity standard of $28 per day (adjusted for differences in purchasing power parity across countries). It is measured as the average factor by which incomes fall short of $28.