HistoryData

Education Spending: Finland

Finland's education spending is currently 6.376 % of GDP as of 2022. # Finland Education Spending Finland allocated 6.

Current (2022)
6.376 % of GDP
-3.2% y/y
Peak (1993)
7.496 % of GDP
Low (1974)
4.482 % of GDP
Source
World Bank World Development Indicators
19702022 · 49 pts

Education SpendingFinland

19702022

Education Spending — Finland
4.482% of GDP5.236% of GDP5.989% of GDP6.743% of GDP7.496% of GDP1970198019902000201020202022LowPeak
Analysis# Finland Education Spending Finland allocated 6.376% of its GDP to education in 2022, down from the nation's all-time peak of 7.496% in 1993. Since 1970, education spending has grown 17.8% overall, rising from a low of 4.482% in 1974. The current figure reflects a moderate commitment to education, though below historical highs reached during the 1990s and early 2010s. A notable decline began around 2013, when spending stood at 7.153% of GDP. Over the following nine years, education funding contracted by roughly 11%, settling at 6.376% by 2022. This downward trajectory suggests tightening fiscal priorities or budget constraints, even as Finland maintains education spending above the OECD average.

Historical Data

49 Rows
YearValueChange %
20226.376 % of GDP-3.22%
20216.588 % of GDP-1.39%
20206.681 % of GDP+3.53%
20196.453 % of GDP+2.14%
20186.318 % of GDP-1.40%
20176.408 % of GDP-7.25%
20166.909 % of GDP-2.30%
20157.072 % of GDP-0.92%
20147.138 % of GDP-0.21%
20137.153 % of GDP-0.26%
20127.172 % of GDP+11.09%
20116.456 % of GDP-0.74%
20106.504 % of GDP+0.68%
20096.46 % of GDP+10.81%
20085.83 % of GDP+2.79%
20075.672 % of GDP-4.35%
20065.93 % of GDP-1.59%
20056.026 % of GDP-2.14%
20046.158 % of GDP-0.18%
20036.169 % of GDP+2.49%
Show all 49 rows
YearValueChange %
20026.019 % of GDP+3.05%
20015.841 % of GDP+2.26%
20005.712 % of GDP-2.71%
19995.871 % of GDP-14.49%
19966.866 % of GDP+0.73%
19956.816 % of GDP-0.71%
19946.865 % of GDP-8.42%
19937.496 % of GDP+14.97%
19926.52 % of GDP+2.90%
19916.336 % of GDP+18.67%
19905.339 % of GDP+5.24%
19895.073 % of GDP+0.10%
19885.068 % of GDP-2.59%
19875.203 % of GDP+1.98%
19865.102 % of GDP+1.09%
19855.047 % of GDP+7.36%
19844.701 % of GDP-3.21%
19834.857 % of GDP+1.59%
19824.781 % of GDP-1.10%
19814.834 % of GDP+0.19%
19804.825 % of GDP+0.60%
19794.796 % of GDP-8.26%
19765.228 % of GDP+3.87%
19755.033 % of GDP+12.29%
19744.482 % of GDP-12.00%
19735.093 % of GDP+1.70%
19725.008 % of GDP-6.06%
19715.331 % of GDP-1.51%
19705.413 % of GDP

Related Data