Reduction in income inequality before and after tax in Finland

Finland: Reduction in income inequality before and after tax was 47.2% in 2023. ▼ Falling

Latest (2023)
47.2%
Change on year
up 1.3%
World rank
3rd
of 39 countries
All-time high
55.7%
in 1994
All-time low
43.5%
in 2007
Years of data
37
1987–2023

Reduction in income inequality before and after tax in Finland, 1987–2023

02040601987200520231987: 47 %1988: 46.8 %1989: 46.8 %1990: 46.8 %1991: 48.7 %1992: 52.5 %1993: 54.9 %1994: 55.7 %1995: 54.4 %1996: 53.7 %1997: 51.7 %1998: 49.7 %1999: 48.1 %2000: 46.8 %2001: 45.9 %2002: 46.2 %2003: 45.5 %2004: 44.7 %2005: 45.1 %2006: 45.1 %2007: 43.5 %2008: 43.9 %2009: 46 %2010: 45.8 %2011: 45.6 %2012: 46.8 %2013: 47.2 %2014: 48.1 %2015: 48.7 %2016: 48.9 %2017: 48 %2018: 47.1 %2019: 46.7 %2020: 48.6 %2021: 47.2 %2022: 46.5 %2023: 47.2 %

Source: OECD (2026) – with minor processing by Our World in Data. Measured in %.

Analysis

In 2023, reduction in income inequality before and after tax in Finland stood at 47.2%.

Compared with earlier readings it is up 1.3% on the previous year and down 0.1% over ten years.

Over the whole period, reduction in income inequality before and after tax in Finland peaked at 55.7% in 1994 and was at its lowest, 43.5%, in 2007.

Finland ranks 3rd of 39 countries on this measure, in the top 10%.

The long-run direction has been consistently falling across the 37 years of available data.

Reduction in income inequality before and after tax in Finland, year by year

Annual values for Reduction in income inequality before and after tax in Finland, 1987 to 2023.
Year % Change
1987 47.0% —
1988 46.8% -0.4%
1989 46.8% +0.0%
1990 46.8% -0.1%
1991 48.7% +4.1%
1992 52.5% +8.0%
1993 54.9% +4.4%
1994 55.7% +1.5%
1995 54.4% -2.3%
1996 53.7% -1.3%
1997 51.7% -3.7%
1998 49.7% -4.0%
1999 48.1% -3.1%
2000 46.8% -2.7%
2001 45.9% -1.9%
2002 46.2% +0.6%
2003 45.5% -1.5%
2004 44.7% -1.8%
2005 45.1% +1.0%
2006 45.1% +0.0%
2007 43.5% -3.6%
2008 43.9% +1.0%
2009 46.0% +4.6%
2010 45.8% -0.3%
2011 45.6% -0.5%
2012 46.8% +2.7%
2013 47.2% +0.8%
2014 48.1% +1.9%
2015 48.7% +1.3%
2016 48.9% +0.4%
2017 48.0% -1.8%
2018 47.1% -1.8%
2019 46.7% -0.8%
2020 48.6% +4.1%
2021 47.2% -3.0%
2022 46.5% -1.4%
2023 47.2% +1.3%

Finland compared with similar countries

  • Finland's 47.2% is above the median for high income countries, which is 34.3%, 1.4× the median. (36 countries reporting)
  • Finland's 47.2% is above the median for Europe & Central Asia, which is 36.2%, 1.3× the median. (29 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 46.9% 46.8% 47.0% 3
1990s 51.6% 46.8% 55.7% 10
2000s 45.3% 43.5% 46.8% 10
2010s 47.3% 45.6% 48.9% 10
2020s 47.4% 46.5% 48.6% 4

Countries ranked near Finland

  1. 1 Slovakia 48.3% compare
  2. 2 Belgium 47.7% compare
  3. 4 Czechia 43.5% compare
  4. 5 Slovenia 42.4% compare
  5. 6 Poland 41.9% compare

See the full ranking of 39 places →

More poverty & inequality data for Finland

All data for Finland →

Frequently asked questions

What is reduction in income inequality before and after tax in Finland?
Reduction in income inequality before and after tax in Finland was 47.2% in 2023, according to OECD (2026) – with minor processing by Our World in Data.
What is the highest reduction in income inequality before and after tax recorded in Finland?
The highest recorded value was 55.7% in 1994.
What is the lowest reduction in income inequality before and after tax recorded in Finland?
The lowest recorded value was 43.5% in 2007.
How does Finland rank for reduction in income inequality before and after tax?
Finland ranks 3rd out of 39 countries with data for 2023.
Is reduction in income inequality before and after tax rising or falling in Finland?
Over the last ten years it is down 0.1%. The long-run trend across the full record is falling.
Where does this Finland data come from?
The figures come from OECD (2026) – with minor processing by Our World in Data, published as part of Reduction in income inequality before and after tax. Statizoid updates them automatically from the source API.

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Reduction in income inequality before and after tax in Finland. Statizoid, drawing on OECD (2026) – with minor processing by Our World in Data. Retrieved 07 November 2026, from https://poverty.statizoid.com/stat/reduction-in-income-inequality/finland/

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About this data

Indicator
Reduction in income inequality before and after tax
Unit
%
Source
OECD (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
39 places, 622 data points, 1976–2024
Last refreshed

This is the percentage difference between the Gini coefficient before taxes and benefits and the Gini coefficient after taxes and benefits.