Wages in Finland increased to 4140 EUR/Month in the fourth quarter of 2024 from 4112 EUR/Month in the third quarter of 2024. This dataset provides - Finland Wage Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the average monthly earnings in Finland amounted to 4,051 euros. The average earnings in the central government sector reached 4,467 euros per month, while the corresponding figure in the non-profit institutions serving households sector was 3,548 euros per month. The gender pay gap remains Despite an overall increase in average earnings across all sectors, the gender pay gap in Finland has remained relatively stable, with men continuing to earn higher salaries than women. As of 2023, men earned around 650 euros more on average than women. However, the employment rate among women was higher than among men. Finland's aging population Finland's population is getting older, as can be seen through the increasing median age of its inhabitants. Between 1960 and 2023, the crude birth rate more than halved. In 2023, 7.8 births were recorded per 1,000 population of the country. Moreover, there is a gender gap in Finland's life expectancy, with women expected to live roughly five years longer than men.

Key information about Finland Household Income per Capita

• Finland Annual Household Income per Capita reached 28,344.783 USD in Dec 2023, compared with the previous value of 28,831.024 USD in Dec 2022.
• Finland Annual Household Income per Capita data is updated yearly, available from Dec 1987 to Dec 2023, with an averaged value of 28,020.646 USD.
• The data reached an all-time high of 34,706.219 USD in Dec 2011 and a record low of 16,333.656 USD in Dec 1993.
• In the latest reports, Retail Sales of Finland grew 1.858 % YoY in Dec 2024.

CEIC calculates Annual Household Income per Capita from annual Average Household Income, Number of Household and Population and converts it into USD. Statistics Finland provides Average Household Income in EUR, Number of Household and Population. Federal Reserve Board average market exchange rate is used for currency conversions. Household Income covers Household Disposable Income only.

Wages in Finland increased 1.50 percent in March of 2025 over the same month in the previous year. This dataset provides - Finland Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2023, men earned on average 4,258 euros per month in Finland, while women's average monthly earnings amounted to 3,608 euros. Average monthly earnings increased for both genders during the past decade; however, the gender pay gap remained nearly unchanged.

Finland Average Household Income per Household data was reported at 49,786.000 EUR in 2023. This records a decrease from the previous number of 52,262.000 EUR for 2022. Finland Average Household Income per Household data is updated yearly, averaging 48,666.000 EUR from Dec 1987 (Median) to 2023, with 37 observations. The data reached an all-time high of 54,941.000 EUR in 2021 and a record low of 34,367.000 EUR in 1987. Finland Average Household Income per Household data remains active status in CEIC and is reported by Statistics Finland. The data is categorized under Global Database’s Finland – Table FI.H014: Average Household Income and Number of Household.

Key information about Finland Monthly Earnings

• Finland Monthly Earnings stood at 4,413 USD in Dec 2024, compared with the previous figure of 4,519 USD in Sep 2024
• Finland Monthly Earnings data is updated quarterly, available from Mar 2000 to Dec 2024, with an average number of 3,945 USD
• The data reached the an all-time high of 4,519 USD in Sep 2024 and a record low of 1,789 USD in Dec 2000

CEIC converts Monthly Earnings into USD. Statistics Finland provides Average Monthly Earnings in EUR. Federal Reserve Board average market exchange rate is used for currency conversions.


Further information about Finland Monthly Earnings

• In the latest reports, Finland Population reached 6 million people in Dec 2023
• Unemployment Rate of Finland increased to 7 % in May 2023
• The country's Labour Force Participation Rate increased to 68 % in Jan 2025

In 2023, Iceland had the highest annual average net earnings among single persons without children earning 100 percent of the average earnings in the Nordic countries, with approximately 53,900 euros annually. Meanwhile, Sweden and Finland had the lowest average earnings in the region with 34,000 and 36,000 euros annually, respectively. Average earnings in the Nordic countries are significantly higher than the EU average.

Finland Avg Monthly Earnings: Private Sector and Others data was reported at 4,250.000 EUR in Dec 2024. This records an increase from the previous number of 4,230.000 EUR for Sep 2024. Finland Avg Monthly Earnings: Private Sector and Others data is updated quarterly, averaging 3,255.000 EUR from Mar 2000 (Median) to Dec 2024, with 100 observations. The data reached an all-time high of 4,250.000 EUR in Dec 2024 and a record low of 2,051.000 EUR in Mar 2000. Finland Avg Monthly Earnings: Private Sector and Others data remains active status in CEIC and is reported by Statistics Finland. The data is categorized under Global Database’s Finland – Table FI.G027: Average Monthly Earnings.

The average annual wage in Finland increased between 2012 and 2023 overall. Between 2012 and 2014 it dropped to around 47,000 euros. After that, there was an increase in the years that followed until 2021. In 2023, the annual wages in Finland reached approximately 48,273 euros at constant prices, a decrease from the previous year.

In 2022, the median disposable cash income of households in Finland was 33,773 euros. Employees had approximately 46,462 euros of disposable income per household, whereas students had roughly 14,841 euros at their disposal.

Finland Avg Monthly Earnings data was reported at 4,140.000 EUR in Dec 2024. This records an increase from the previous number of 4,112.000 EUR for Sep 2024. Finland Avg Monthly Earnings data is updated quarterly, averaging 3,186.000 EUR from Mar 2000 (Median) to Dec 2024, with 100 observations. The data reached an all-time high of 4,140.000 EUR in Dec 2024 and a record low of 2,009.000 EUR in Mar 2000. Finland Avg Monthly Earnings data remains active status in CEIC and is reported by Statistics Finland. The data is categorized under Global Database’s Finland – Table FI.G027: Average Monthly Earnings.

Finland Avg Monthly Earnings: Male data was reported at 3,777.000 EUR in Sep 2018. This records an increase from the previous number of 3,764.000 EUR for Jun 2018. Finland Avg Monthly Earnings: Male data is updated quarterly, averaging 3,240.000 EUR from Mar 2000 (Median) to Sep 2018, with 75 observations. The data reached an all-time high of 3,777.000 EUR in Sep 2018 and a record low of 2,226.000 EUR in Mar 2000. Finland Avg Monthly Earnings: Male data remains active status in CEIC and is reported by Statistics Finland. The data is categorized under Global Database’s Finland – Table FI.G024: Average Monthly Earnings.

Finland - Median relative income of elderly people (60+) was 0.89% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Finland - Median relative income of elderly people (60+) - last updated from the EUROSTAT on June of 2025. Historically, Finland - Median relative income of elderly people (60+) reached a record high of 0.89% in December of 2024 and a record low of 0.83% in December of 2013.

Graph and download economic data for Labor Compensation: Earnings: Manufacturing: Hourly for Finland (LCEAMN01FIA657S) from 1956 to 2024 about Finland, compensation, earnings, hours, and manufacturing.

Finland Avg Monthly Earnings: Private Sector and Others: Female data was reported at 3,244.000 EUR in Sep 2018. This records an increase from the previous number of 3,234.000 EUR for Jun 2018. Finland Avg Monthly Earnings: Private Sector and Others: Female data is updated quarterly, averaging 2,717.000 EUR from Mar 2000 (Median) to Sep 2018, with 75 observations. The data reached an all-time high of 3,244.000 EUR in Sep 2018 and a record low of 1,794.000 EUR in Mar 2000. Finland Avg Monthly Earnings: Private Sector and Others: Female data remains active status in CEIC and is reported by Statistics Finland. The data is categorized under Global Database’s Finland – Table FI.G024: Average Monthly Earnings.

Adjusted net national income (annual % growth) in Finland was reported at 3.842 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. Finland - Adjusted net national income (annual % growth) - actual values, historical data, forecasts and projections were sourced from the World Bank on May of 2025.

The median disposable income of households in Finland fluctuated between roughly 34 and 36 thousand euros in the period from 2012 to 2022. From 2012 onwards, the household median disposable income remained relatively stable but declined overall. In 2022, the household disposable income was measured at 33,773 euros.

Graph and download economic data for Labor Compensation: Earnings: Private Sector: Hourly for Finland (LCEAPR01FIA661S) from 2000 to 2022 about Finland, compensation, earnings, hours, and private.

In 2022, men earned over four thousand euros monthly in the private sector in Finland, while women earned on average nearly 600 euros less per month. The average monthly earnings increased for both genders from 2012 to 2022, however, the gender pay gap changed only a little during this period.