Education spending in Finland

Finland: Education spending was 6.38 in 2022. ▲ Rising

Latest (2022)
6.38
Change on year
down 3.2%
World rank
23rd
of 199 countries
All-time high
7.5
in 1993
All-time low
4.48
in 1974
Years of data
49
1970–2022

Education spending in Finland, 1970–2022

02468197019962022

Source: Our World in Data.

Analysis

The most recent figure for education spending in Finland is 6.38, measured in 2022.

The figure is down 3.2% on the previous year and down 11.1% over ten years.

Over the whole period, education spending in Finland peaked at 7.5 in 1993 and was at its lowest, 4.48, in 1974.

Finland ranks 23rd of 199 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 49 years of available data.

Education spending in Finland, year by year

Annual values for Education spending in Finland, 1970 to 2022.
Year Value Change
1970 5.41 —
1971 5.33 -1.5%
1972 5.01 -6.1%
1973 5.09 +1.7%
1974 4.48 -12.0%
1975 5.03 +12.3%
1976 5.23 +3.9%
1979 4.8 -8.3%
1980 4.83 +0.6%
1981 4.83 +0.2%
1982 4.78 -1.1%
1983 4.86 +1.6%
1984 4.7 -3.2%
1985 5.05 +7.4%
1986 5.1 +1.1%
1987 5.2 +2.0%
1988 5.07 -2.6%
1989 5.07 +0.1%
1990 5.34 +5.2%
1991 6.34 +18.7%
1992 6.52 +2.9%
1993 7.5 +15.0%
1994 6.86 -8.4%
1995 6.82 -0.7%
1996 6.87 +0.7%
1999 5.87 -14.5%
2000 5.71 -2.7%
2001 5.84 +2.3%
2002 6.02 +3.0%
2003 6.17 +2.5%
2004 6.16 -0.2%
2005 6.03 -2.2%
2006 5.93 -1.6%
2007 5.67 -4.4%
2008 5.83 +2.8%
2009 6.46 +10.8%
2010 6.5 +0.7%
2011 6.46 -0.7%
2012 7.17 +11.1%
2013 7.15 -0.3%
2014 7.14 -0.2%
2015 7.07 -0.9%
2016 6.91 -2.3%
2017 6.41 -7.2%
2018 6.32 -1.4%
2019 6.45 +2.1%
2020 6.68 +3.5%
2021 6.59 -1.4%
2022 6.38 -3.2%

Finland compared with similar countries

  • Finland's 6.38 is above the median for high income countries, which is 4.4, 1.4× the median. (72 countries reporting)
  • Finland's 6.38 is above the median for Europe & Central Asia, which is 4.5, 1.4× the median. (51 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 5.05 4.48 5.41 8
1980s 4.95 4.7 5.2 10
1990s 6.51 5.34 7.5 8
2000s 5.98 5.67 6.46 10
2010s 6.76 6.32 7.17 10
2020s 6.55 6.38 6.68 3

Countries ranked near Finland

  1. 20 Moldova 6.56 compare
  2. 21 Saint Vincent and the Grenadines 6.46 compare
  3. 22 Kuwait 6.44 compare
  4. 24 Denmark 6.36 compare
  5. 25 Belgium 6.28 compare
  6. 26 Senegal 6.16 compare

See the full ranking of 199 places →

More education data for Finland

All data for Finland →

Frequently asked questions

What is education spending in Finland?
Education spending in Finland was 6.38 in 2022, according to Our World in Data.
What is the highest education spending recorded in Finland?
The highest recorded value was 7.5 in 1993.
What is the lowest education spending recorded in Finland?
The lowest recorded value was 4.48 in 1974.
How does Finland rank for education spending?
Finland ranks 23rd out of 199 countries with data for 2022.
Is education spending rising or falling in Finland?
Over the last ten years it is down 11.1%. The long-run trend across the full record is rising.
Where does this Finland data come from?
The figures come from Our World in Data, published as part of Education spending. Statizoid updates them automatically from the source API.

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Education spending in Finland. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://education.statizoid.com/stat/education-spending/finland/

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About this data

Indicator
Education spending
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
199 places, 5,187 data points, 1870–2025
Last refreshed