Facts
- Combined corporate income tax rate
- 20.0 % (2023)
- Top statutory personal income tax rate
- 51.3 % (2022)
- Tax revenue, % of GDP
- 25.3 % (2024)
- Top marginal rate incl. employee social security
- 59.4 % (2022)
- OECD member
- Yes
- Corporate income tax rate, central government
- 20.0 % (2023)
- Central CIT rate net of sub-central deduction
- 20.0 % (2023)
- Top marginal income tax rate (PIT only)
- 49.1 % (2022)
- Top rate threshold, × average wage
- 1.83× (2022)
- Average annual wage, US$ PPP
- $61,717 (2022)
- Average annual wage, national currency
- 50,774 (2022)
- Tax revenue level
- 25% of GDP or more
- Taxes on income, profits and capital gains, % of revenue
- 45.1 % (2024)
- Taxes on goods and services, % of value added
- 15.8 % (2024)
- ISO code
- FIN
Sources: OECD Corporate Tax Statistics, OECD Tax Database, World Bank WDI (CC BY 4.0)
Tax revenue, % of GDP
| Period | Value |
|---|---|
| 2024 | 25.3 % |
| 2023 | 25.4 % |
| 2022 | 21.2 % |
| 2021 | 20.8 % |
| 2020 | 20.0 % |
| 2019 | 20.8 % |
| 2018 | 21.0 % |
| 2017 | 20.9 % |
| 2016 | 21.0 % |
| 2015 | 20.6 % |
| 2014 | 20.7 % |
| 2013 | 20.7 % |
Taxes on income, profits and capital gains, % of revenue
| Period | Value |
|---|---|
| 2024 | 45.1 % |
| 2023 | 45.8 % |
| 2022 | 32.2 % |
| 2021 | 29.6 % |
| 2020 | 26.2 % |
| 2019 | 28.7 % |
| 2018 | 28.6 % |
| 2017 | 28.7 % |
| 2016 | 28.2 % |
| 2015 | 28.2 % |
| 2014 | 27.9 % |
| 2013 | 27.3 % |
Taxes on goods and services, % of value added
| Period | Value |
|---|---|
| 2024 | 15.8 % |
| 2023 | 15.6 % |
| 2022 | 16.6 % |
| 2021 | 17.0 % |
| 2020 | 17.1 % |
| 2019 | 17.2 % |
| 2018 | 17.5 % |
| 2017 | 17.2 % |
| 2016 | 17.7 % |
| 2015 | 17.2 % |
| 2014 | 17.5 % |
| 2013 | 17.6 % |
Corporate income tax rate, central government
| Period | Value |
|---|---|
| 2023 | 20.0 % |
| 2022 | 20.0 % |
| 2021 | 20.0 % |
| 2020 | 20.0 % |
| 2019 | 20.0 % |
| 2018 | 20.0 % |
| 2017 | 20.0 % |
| 2016 | 20.0 % |
| 2015 | 20.0 % |
| 2014 | 20.0 % |
| 2013 | 24.5 % |
| 2012 | 24.5 % |
Combined corporate income tax rate
| Period | Value |
|---|---|
| 2023 | 20.0 % |
| 2022 | 20.0 % |
| 2021 | 20.0 % |
| 2020 | 20.0 % |
| 2019 | 20.0 % |
| 2018 | 20.0 % |
| 2017 | 20.0 % |
| 2016 | 20.0 % |
| 2015 | 20.0 % |
| 2014 | 20.0 % |
| 2013 | 24.5 % |
| 2012 | 24.5 % |
Average annual wage, US$ PPP
| Period | Value |
|---|---|
| 2022 | $61,717 |
| 2021 | $59,990 |
| 2020 | $57,214 |
| 2019 | $54,642 |
| 2018 | $52,938 |
| 2017 | $51,137 |
| 2016 | $49,703 |
| 2015 | $47,665 |
| 2014 | $47,072 |
| 2013 | $46,884 |
| 2012 | $45,584 |
| 2011 | $44,811 |
Year by year · 35
| Country-year | Combined corporate income tax rate | Top statutory personal income tax rate | Tax revenue, % of GDP |
|---|---|---|---|
| Finland 2024 | — | — | 25.3 % |
| Finland 2023 | 20.0 % | — | 25.4 % |
| Finland 2022 | 20.0 % | 51.3 % | — |
| Finland 2021 | 20.0 % | 51.3 % | — |
| Finland 2020 | 20.0 % | 51.2 % | — |
| Finland 2019 | 20.0 % | 51.1 % | — |
| Finland 2018 | 20.0 % | 51.1 % | — |
| Finland 2017 | 20.0 % | 51.4 % | — |
| Finland 2016 | 20.0 % | 51.6 % | — |
| Finland 2015 | 20.0 % | 51.6 % | — |
| Finland 2014 | 20.0 % | 51.5 % | — |
| Finland 2013 | 24.5 % | 51.1 % | — |
| Finland 2012 | 24.5 % | 49.0 % | — |
| Finland 2011 | 26.0 % | 49.2 % | — |
| Finland 2010 | 26.0 % | 49.0 % | — |
| Finland 2009 | 26.0 % | 49.1 % | — |
| Finland 2008 | 26.0 % | 50.0 % | — |
| Finland 2007 | 26.0 % | 50.5 % | — |
| Finland 2006 | 26.0 % | 50.9 % | — |
| Finland 2005 | 26.0 % | 51.8 % | — |
| Finland 2004 | 29.0 % | 52.1 % | — |
| Finland 2003 | 29.0 % | 53.0 % | — |
| Finland 2002 | 29.0 % | 53.8 % | — |
| Finland 2001 | 29.0 % | 54.7 % | — |
| Finland 2000 | 29.0 % | 55.2 % | — |
| Finland 1999 | — | — | 22.4 % |
| Finland 1998 | — | — | 22.7 % |
| Finland 1997 | — | — | 22.6 % |
| Finland 1996 | — | — | 21.9 % |
| Finland 1995 | — | — | 20.7 % |
| Finland 1994 | — | — | 23.1 % |
| Finland 1993 | — | — | 22.4 % |
| Finland 1992 | — | — | 24.9 % |
| Finland 1991 | — | — | 24.4 % |
| Finland 1990 | — | — | 24.4 % |