Finland - GDP per capita (current US$) 1960 - 2022
Finland's gdp per capita (current us$) is currently $50,536.62 USD (United States dollar) according to the most recent World Bank data for the country (2022).
Definition
GDP per capita is determined by dividing the gross domestic product by the population at midyear. GDP represents the total value generated by resident producers within the economy, inclusive of product taxes and excluding subsidies not factored into product value. This calculation does not consider deductions for asset depreciation, depletion, or degradation of natural resources. The data is presented in current U.S. dollars.- Finland's gdp per capita (current us$) for 2022 was $50,536.62, a -5.52% increase from 2021, with a -$2,954 difference.
- In 2021 it was $53,489.75, a 8.79% increase from 2020, with a +$4,320 difference.
- In 2020 it was $49,169.72, a 1.11% increase from 2019.
- In 2019 it was $48,629.86, a -2.72% increase from 2018.
- In 2018 it was $49,987.63, a 7.70% increase from 2017.
Measure: Estimated Value
Average, Lowest, and Highest Recorded Values
The average gdp per capita (current us$), value for Finland is currently $23,299.06 (average of years with recorded data) with a lowest recorded value of $1,179.35 in 1960 and a highest value of $53,772.79 in 2008.For comparison, the world wide [World Bank] aggregate for 1960 was $456.83 and in 2008 it was $9,429.27. Essentially, in 1960, Finland contributed 258.16% to the world wide aggregate. While in 2008 it contributed 570.27% to the aggregate, recording a 120.90% increase in amounts contributed within the 48-year period. Nonetheless, the country recorded a 4,459.52% increase in gdp per capita (current us$) within the same period.
Similarly, from 1960 (when the lowest value was recorded) to 2022, Finland recorded a 4,185.11% increase in gdp per capita (current us$). The world aggregate recorded a 2,668.55% growth in the same period.
Finland's GDP per capita (current US$) - Historical Data
| Year | GDP per capita (current US$) | Average Growth Rate (%) |
|---|---|---|
| 1960 | $1,179.35 | |
| 1961 | $1,327.43 | 12.56% |
| 1962 | $1,411.70 | 6.35% |
| 1963 | $1,522.32 | 7.84% |
| 1964 | $1,707.50 | 12.16% |
| 1965 | $1,882.09 | 10.22% |
| 1966 | $2,010.21 | 6.81% |
| 1967 | $2,034.19 | 1.19% |
| 1968 | $1,907.08 | -6.25% |
| 1969 | $2,178.04 | 14.21% |
| 1970 | $2,465.64 | 13.21% |
| 1971 | $2,716.19 | 10.16% |
| 1972 | $3,177.65 | 16.99% |
| 1973 | $4,173.17 | 31.33% |
| 1974 | $5,297.61 | 26.94% |
| 1975 | $6,255.54 | 18.08% |
| 1976 | $6,739.69 | 7.74% |
| 1977 | $7,069.11 | 4.89% |
| 1978 | $7,628.82 | 7.92% |
| 1979 | $9,332.25 | 22.33% |
| 1980 | $11,223.94 | 20.27% |
| 1981 | $10,926.82 | -2.65% |
| 1982 | $10,938.12 | 0.10% |
| 1983 | $10,497.48 | -4.03% |
| 1984 | $10,833.87 | 3.20% |
| 1985 | $11,398.11 | 5.21% |
| 1986 | $14,951.05 | 31.17% |
| 1987 | $18,571.06 | 24.21% |
| 1988 | $22,047.79 | 18.72% |
| 1989 | $23,973.24 | 8.73% |
| 1990 | $28,364.65 | 18.32% |
| 1991 | $25,484.74 | -10.15% |
| 1992 | $22,319.06 | -12.42% |
| 1993 | $17,608.81 | -21.10% |
| 1994 | $20,301.33 | 15.29% |
| 1995 | $26,271.60 | 29.41% |
| 1996 | $25,783.45 | -1.86% |
| 1997 | $24,691.87 | -4.23% |
| 1998 | $26,009.27 | 5.34% |
| 1999 | $26,186.19 | 0.68% |
| 2000 | $24,345.91 | -7.03% |
| 2001 | $24,967.79 | 2.55% |
| 2002 | $26,997.75 | 8.13% |
| 2003 | $32,927.68 | 21.96% |
| 2004 | $37,772.18 | 14.71% |
| 2005 | $39,054.85 | 3.40% |
| 2006 | $41,222.60 | 5.55% |
| 2007 | $48,476.39 | 17.60% |
| 2008 | $53,772.79 | 10.93% |
| 2009 | $47,481.48 | -11.70% |
| 2010 | $46,505.30 | -2.06% |
| 2011 | $51,148.93 | 9.99% |
| 2012 | $47,708.06 | -6.73% |
| 2013 | $49,892.22 | 4.58% |
| 2014 | $50,327.24 | 0.87% |
| 2015 | $42,801.91 | -14.95% |
| 2016 | $43,814.03 | 2.36% |
| 2017 | $46,412.14 | 5.93% |
| 2018 | $49,987.63 | 7.70% |
| 2019 | $48,629.86 | -2.72% |
| 2020 | $49,169.72 | 1.11% |
| 2021 | $53,489.75 | 8.79% |
| 2022 | $50,536.62 | -5.52% |
Expand
Comparison with Countries in the Europe & Central Asia Region.
Among countries in the same World Bank Europe & Central Asia (ECA) region, Finland comes in 16th with $50,536.60 gdp per capita (current us$).
- Within the same region, Switzerland comes in 6th with $92,101.50, gdp per capita (current us$).
- Isle of Man comes in 7th with $79,530.60.
- Iceland comes in 8th with $72,903.00.
- Faroe Islands comes in 9th with $69,010.20.
- Denmark comes in 10th with $66,983.10.
- Greenland comes in 11th with $57,116.40.
- Netherlands comes in 12th with $55,985.40.
- Sweden comes in 13th with $55,873.20.
- San Marino comes in 14th with $54,982.50.
- Austria comes in 15th with $52,131.40.
- Belgium comes in 17th with $49,582.80.
- Germany comes in 18th with $48,432.50.
- United Kingdom comes in 19th with $45,850.40.
- Andorra comes in 20th with $41,992.80.
- France comes in 21st with $40,963.80.
- Italy comes in 22nd with $34,158.00.
- Cyprus comes in 23rd with $31,283.50.
- Slovenia comes in 24th with $29,457.40.
- Spain comes in 25th with $29,350.20.
- And Estonia comes in 26th with $28,332.60, gdp per capita (current us$).
GDP per capita (current US$), Top 10 Countries in the Europe & Central Asia Region.
Top 10 Countries in the Europe & Central Asia Region.
| # | Country | GDP per capita (current US$) | Year |
|---|---|---|---|
| 1 | Monaco | $234,317.00 | 2021 |
| 2 | Liechtenstein | $184,083.00 | 2021 |
| 3 | Luxembourg | $126,426.00 | 2022 |
| 4 | Norway | $106,149.00 | 2022 |
| 5 | Ireland | $104,039.00 | 2022 |
| 6 | Switzerland | $92,101.50 | 2022 |
| 7 | Isle of Man | $79,530.60 | 2020 |
| 8 | Iceland | $72,903.00 | 2022 |
| 9 | Faroe Islands | $69,010.20 | 2021 |
| 10 | Denmark | $66,983.10 | 2022 |
Comparison with Countries in the High income Group.
Among countries in the same World Bank High income (HI) group, Finland comes in 25th with $50,536.60 gdp per capita (current us$).
- Within the same income group, Denmark comes in 15th with $66,983.10, gdp per capita (current us$).
- Australia comes in 16th with $64,491.40.
- Greenland comes in 17th with $57,116.40.
- Netherlands comes in 18th with $55,985.40.
- Sweden comes in 19th with $55,873.20.
- San Marino comes in 20th with $54,982.50.
- Canada comes in 21st with $54,966.50.
- Israel comes in 22nd with $54,659.80.
- United Arab Emirates comes in 23rd with $53,757.90.
- Austria comes in 24th with $52,131.40.
- Belgium comes in 26th with $49,582.80.
- Hong Kong SAR, China comes in 27th with $48,983.60.
- Germany comes in 28th with $48,432.50.
- New Zealand comes in 29th with $48,249.30.
- United Kingdom comes in 30th with $45,850.40.
- Kuwait comes in 31st with $43,233.50.
- Andorra comes in 32nd with $41,992.80.
- France comes in 33rd with $40,963.80.
- Virgin Islands (U.S.) comes in 34th with $39,552.20.
- And Brunei Darussalam comes in 35th with $37,152.50, gdp per capita (current us$).
GDP per capita (current US$), Top 14 Countries in the High income Group.
Top 14 Countries in the High income Group.
| # | Country | GDP per capita (current US$) | Year |
|---|---|---|---|
| 1 | Monaco | $234,317.00 | 2021 |
| 2 | Liechtenstein | $184,083.00 | 2021 |
| 3 | Luxembourg | $126,426.00 | 2022 |
| 4 | Bermuda | $118,846.00 | 2022 |
| 5 | Norway | $106,149.00 | 2022 |
| 6 | Ireland | $104,039.00 | 2022 |
| 7 | Switzerland | $92,101.50 | 2022 |
| 8 | Cayman Islands | $88,475.60 | 2021 |
| 9 | Qatar | $88,046.30 | 2022 |
| 10 | Singapore | $82,807.60 | 2022 |
| 11 | Isle of Man | $79,530.60 | 2020 |
| 12 | United States | $76,398.60 | 2022 |
| 13 | Iceland | $72,903.00 | 2022 |
| 14 | Faroe Islands | $69,010.20 | 2021 |