Relative poverty: Share of population below 40% of the median in Finland

Finland: Relative poverty: Share of population below 40% of the median was 3.1% in 2023. ▲ Rising

Latest (2023)
3.1%
Change on year
up 12.8%
World rank
99th
of 120 countries
All-time high
3.3%
in 2010
All-time low
1.0%
in 1995
Years of data
25
1987–2023

Relative poverty: Share of population below 40% of the median in Finland, 1987–2023

11.522.533.51987200520231987: 1.5 %1991: 1.6 %1995: 1 %2000: 2 %2003: 2.5 %2004: 2.4 %2005: 2.1 %2006: 2.8 %2007: 3 %2008: 3.1 %2009: 2.9 %2010: 3.3 %2011: 3.2 %2012: 2.8 %2013: 3 %2014: 2.5 %2015: 2.7 %2016: 2.5 %2017: 2.8 %2018: 3 %2019: 3.3 %2020: 2.4 %2021: 2.5 %2022: 2.8 %2023: 3.1 %

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

Analysis

The most recent figure for relative poverty: share of population below 40% of the median in Finland is 3.1%, measured in 2023.

The figure is up 12.8% on the previous year and up 6.3% over ten years.

Over the whole period, relative poverty: share of population below 40% of the median in Finland peaked at 3.3% in 2010 and was at its lowest, 1.0%, in 1995.

Finland ranks 99th of 120 countries on this measure, in the bottom quarter.

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

Relative poverty: Share of population below 40% of the median in Finland, year by year

Annual values for Relative poverty: Share of population below 40% of the median in Finland, 1987 to 2023.
Year % Change
1987 1.5%
1991 1.6% +6.7%
1995 1.0% -37.5%
2000 2.0% +100.0%
2003 2.5% +26.6%
2004 2.4% -4.4%
2005 2.1% -12.2%
2006 2.8% +31.2%
2007 3.0% +6.1%
2008 3.1% +4.6%
2009 2.9% -8.0%
2010 3.3% +17.1%
2011 3.2% -3.7%
2012 2.8% -12.3%
2013 3.0% +4.9%
2014 2.5% -14.2%
2015 2.7% +8.0%
2016 2.5% -8.5%
2017 2.8% +11.6%
2018 3.0% +6.3%
2019 3.3% +11.0%
2020 2.4% -25.9%
2021 2.5% +3.1%
2022 2.8% +10.7%
2023 3.1% +12.8%

Averages by decade

DecadeAverage LowestHighest Years
1980s 1.5% 1.5% 1.5% 1
1990s 1.3% 1.0% 1.6% 2
2000s 2.6% 2.0% 3.1% 8
2010s 2.9% 2.5% 3.3% 10
2020s 2.7% 2.4% 3.1% 4

Countries ranked near Finland

  1. 96 Thailand 3.4% compare
  2. 97 Iceland 3.2% compare
  3. 98 Nepal 3.2% compare
  4. 100 Rwanda 3.1% compare
  5. 101 Syrian Arab Republic 3.1% compare
  6. 102 Pakistan 3.1% compare

See the full ranking of 120 places →

More poverty & inequality data for Finland

All data for Finland →

Frequently asked questions

What is relative poverty: share of population below 40% of the median in Finland?
Relative poverty: share of population below 40% of the median in Finland was 3.1% in 2023, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest relative poverty: share of population below 40% of the median recorded in Finland?
The highest recorded value was 3.3% in 2010.
What is the lowest relative poverty: share of population below 40% of the median recorded in Finland?
The lowest recorded value was 1.0% in 1995.
How does Finland rank for relative poverty: share of population below 40% of the median?
Finland ranks 99th out of 120 countries with data for 2023.
Is relative poverty: share of population below 40% of the median rising or falling in Finland?
Over the last ten years it is up 6.3%. 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 (2026) – with major processing by Our World in Data, published as part of Relative poverty: Share of population below 40% of the median. Statizoid updates them automatically from the source API.

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Relative poverty: Share of population below 40% of the median in Finland. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 06 September 2026, from https://poverty.statizoid.com/stat/relative-poverty-share-of-people-below-40-of-the-median/finland/

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About this data

Indicator
Relative poverty: Share of population below 40% of the median
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% of the median.