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Finland — Education spending
Government Education Spending (% of GDP) for Finland, 1970–2022.
Latest value · 2022
6.38%
Government Education Spending (% of GDP) · % of GDP · +17.8% since 1970
Education spending for Finland was 6.38% in 2022, according to the latest World Bank data. The series covers 49 years, from 1970 to 2022. The highest recorded value was 7.50% in 1993. The lowest was 4.48% in 1974 (about 1.4× the low point). Across that span the compound annual growth rate works out to 0.32% per year.
Finland ranks 19 of 172 economies on this measure (1 = highest), putting it in the top 11%. The median for Europe & Central Asia is 4.59%, so Finland sits above it. It peaked in 1993 and has fallen 15% since. Over the last decade (2012–2022) the figure moved down 11%.
Key figures
Latest (2022)
6.38%
First (1970)
5.41%
Change
+17.8%
Highest
7.50%
in 1993
Lowest
4.48%
in 1974
Average
5.90%
Annual growth (CAGR)
0.32%
Years of data
49
Recent years
| Year | % of GDP |
|---|---|
| 2022 | 6.38% |
| 2021 | 6.59% |
| 2020 | 6.68% |
| 2019 | 6.45% |
| 2018 | 6.32% |
| 2017 | 6.41% |
| 2016 | 6.91% |
| 2015 | 7.07% |
| 2014 | 7.14% |
| 2013 | 7.15% |
| 2012 | 7.17% |
| 2011 | 6.46% |
Reading this correctly. Total general government expenditure on education, expressed as a percentage of GDP. Includes both current and capital spending. Figures are in % of GDP. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.
Related data
Source. World Bank Open Data, indicator
SE.XPD.TOTL.GD.ZS — Government Education Spending (% of GDP). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.