Relative poverty: Share of population below 60% of the median in Finland

Finland: Relative poverty: Share of population below 60% of the median was 12.7% in 2023. ▲ Rising

Latest (2023)
12.7%
Change on year
up 4.0%
World rank
106th
of 120 countries
All-time high
13.0%
in 2019
All-time low
7.9%
in 1995
Years of data
25
1987–2023

Relative poverty: Share of population below 60% of the median in Finland, 1987–2023

0510151987200520231987: 9.1 %1991: 8.5 %1995: 7.9 %2000: 11.7 %2003: 12 %2004: 11.7 %2005: 11.7 %2006: 12.7 %2007: 12.6 %2008: 11.8 %2009: 12.4 %2010: 12.5 %2011: 12.3 %2012: 12 %2013: 12.6 %2014: 12.1 %2015: 12.2 %2016: 12.2 %2017: 12.2 %2018: 12.2 %2019: 13 %2020: 11.7 %2021: 12.8 %2022: 12.2 %2023: 12.7 %

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

Analysis

In 2023, relative poverty: share of population below 60% of the median in Finland stood at 12.7%.

That represents a change of up 4.0% on the previous year and up 0.7% over ten years.

Over the whole period, relative poverty: share of population below 60% of the median in Finland peaked at 13.0% in 2019 and was at its lowest, 7.9%, in 1995.

That places Finland 106th out of 120 countries with data for 2023, putting it 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 60% of the median in Finland, year by year

Annual values for Relative poverty: Share of population below 60% of the median in Finland, 1987 to 2023.
Year % Change
1987 9.1%
1991 8.5% -6.6%
1995 7.9% -7.1%
2000 11.7% +48.1%
2003 12.0% +3.0%
2004 11.7% -2.7%
2005 11.7% -0.6%
2006 12.7% +8.7%
2007 12.6% -0.7%
2008 11.8% -6.3%
2009 12.4% +5.2%
2010 12.5% +0.5%
2011 12.3% -1.3%
2012 12.0% -2.2%
2013 12.6% +4.8%
2014 12.1% -4.0%
2015 12.2% +0.9%
2016 12.2% -0.0%
2017 12.2% +0.5%
2018 12.2% -0.0%
2019 13.0% +6.0%
2020 11.7% -9.8%
2021 12.8% +9.1%
2022 12.2% -4.6%
2023 12.7% +4.0%

Averages by decade

DecadeAverage LowestHighest Years
1980s 9.1% 9.1% 9.1% 1
1990s 8.2% 7.9% 8.5% 2
2000s 12.1% 11.7% 12.7% 8
2010s 12.3% 12.0% 13.0% 10
2020s 12.3% 11.7% 12.8% 4

Countries ranked near Finland

  1. 103 Norway 13.2% compare
  2. 104 Iceland 12.9% compare
  3. 105 Netherlands 12.9% compare
  4. 107 Niger 12.6% compare
  5. 108 Czechia 12.6% compare
  6. 109 Armenia 12.3% 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 60% of the median in Finland?
Relative poverty: share of population below 60% of the median in Finland was 12.7% 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 60% of the median recorded in Finland?
The highest recorded value was 13.0% in 2019.
What is the lowest relative poverty: share of population below 60% of the median recorded in Finland?
The lowest recorded value was 7.9% in 1995.
How does Finland rank for relative poverty: share of population below 60% of the median?
Finland ranks 106th out of 120 countries with data for 2023.
Is relative poverty: share of population below 60% of the median rising or falling in Finland?
Over the last ten years it is up 0.7%. 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 60% of the median. Statizoid updates them automatically from the source API.

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Relative poverty: Share of population below 60% 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-60-of-the-median/finland/

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About this data

Indicator
Relative poverty: Share of population below 60% 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 60% of the median.