Productivity vs. GDP per capita in Finland
Finland: Productivity vs. GDP per capita was 69.63 international-$ in 2021 prices per hour in 2023. ◆ Volatile
Latest (2023)
69.63 international-$ in 2021 prices per hour
Change on year
down 1.2%
World rank
15th
of 130 countries
All-time high
72.21 international-$ in 2021 prices per hour
in 2021
All-time low
6.79 international-$ in 2021 prices per hour
in 1950
Years of data
74
1950–2023
Productivity vs. GDP per capita in Finland, 1950–2023
Source: Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices per hour.
Analysis
In 2023, productivity vs. gdp per capita in Finland stood at 69.63 international-$ in 2021 prices per hour.
The figure is down 1.2% on the previous year and up 10.4% over ten years.
Over the whole period, productivity vs. gdp per capita in Finland peaked at 72.21 international-$ in 2021 prices per hour in 2021 and was at its lowest, 6.79 international-$ in 2021 prices per hour, in 1950.
That places Finland 15th out of 130 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Productivity vs. GDP per capita in Finland, year by year
| Year | international-$ in 2021 prices per hour | Change |
|---|---|---|
| 1950 | 6.79 international-$ in 2021 prices per hour | — |
| 1951 | 7.63 international-$ in 2021 prices per hour | +12.4% |
| 1952 | 7.79 international-$ in 2021 prices per hour | +2.1% |
| 1953 | 7.71 international-$ in 2021 prices per hour | -1.0% |
| 1954 | 8.51 international-$ in 2021 prices per hour | +10.4% |
| 1955 | 9.18 international-$ in 2021 prices per hour | +7.8% |
| 1956 | 9.33 international-$ in 2021 prices per hour | +1.6% |
| 1957 | 9.4 international-$ in 2021 prices per hour | +0.8% |
| 1958 | 9.43 international-$ in 2021 prices per hour | +0.3% |
| 1959 | 10.15 international-$ in 2021 prices per hour | +7.7% |
| 1960 | 11.17 international-$ in 2021 prices per hour | +10.0% |
| 1961 | 12.05 international-$ in 2021 prices per hour | +7.9% |
| 1962 | 12.4 international-$ in 2021 prices per hour | +2.9% |
| 1963 | 12.51 international-$ in 2021 prices per hour | +0.9% |
| 1964 | 12.75 international-$ in 2021 prices per hour | +1.9% |
| 1965 | 13.37 international-$ in 2021 prices per hour | +4.9% |
| 1966 | 13.93 international-$ in 2021 prices per hour | +4.2% |
| 1967 | 14.75 international-$ in 2021 prices per hour | +5.9% |
| 1968 | 15.88 international-$ in 2021 prices per hour | +7.6% |
| 1969 | 17.37 international-$ in 2021 prices per hour | +9.4% |
| 1970 | 18.43 international-$ in 2021 prices per hour | +6.1% |
| 1971 | 19.27 international-$ in 2021 prices per hour | +4.5% |
| 1972 | 20.57 international-$ in 2021 prices per hour | +6.8% |
| 1973 | 21.76 international-$ in 2021 prices per hour | +5.8% |
| 1974 | 22.51 international-$ in 2021 prices per hour | +3.4% |
| 1975 | 22.84 international-$ in 2021 prices per hour | +1.5% |
| 1976 | 23.17 international-$ in 2021 prices per hour | +1.4% |
| 1977 | 23.89 international-$ in 2021 prices per hour | +3.1% |
| 1978 | 25.09 international-$ in 2021 prices per hour | +5.0% |
| 1979 | 26.74 international-$ in 2021 prices per hour | +6.6% |
| 1980 | 27.81 international-$ in 2021 prices per hour | +4.0% |
| 1981 | 27.9 international-$ in 2021 prices per hour | +0.3% |
| 1982 | 28.11 international-$ in 2021 prices per hour | +0.8% |
| 1983 | 28.75 international-$ in 2021 prices per hour | +2.3% |
| 1984 | 29.48 international-$ in 2021 prices per hour | +2.5% |
| 1985 | 29.7 international-$ in 2021 prices per hour | +0.7% |
| 1986 | 32.08 international-$ in 2021 prices per hour | +8.0% |
| 1987 | 33.22 international-$ in 2021 prices per hour | +3.6% |
| 1988 | 35.59 international-$ in 2021 prices per hour | +7.1% |
| 1989 | 36.6 international-$ in 2021 prices per hour | +2.9% |
| 1990 | 37.36 international-$ in 2021 prices per hour | +2.1% |
| 1991 | 36.76 international-$ in 2021 prices per hour | -1.6% |
| 1992 | 38.05 international-$ in 2021 prices per hour | +3.5% |
| 1993 | 40.3 international-$ in 2021 prices per hour | +5.9% |
| 1994 | 43.18 international-$ in 2021 prices per hour | +7.1% |
| 1995 | 47.18 international-$ in 2021 prices per hour | +9.3% |
| 1996 | 46.4 international-$ in 2021 prices per hour | -1.6% |
| 1997 | 48.94 international-$ in 2021 prices per hour | +5.5% |
| 1998 | 51.99 international-$ in 2021 prices per hour | +6.2% |
| 1999 | 53.48 international-$ in 2021 prices per hour | +2.9% |
| 2000 | 55.38 international-$ in 2021 prices per hour | +3.6% |
| 2001 | 55.85 international-$ in 2021 prices per hour | +0.8% |
| 2002 | 55.76 international-$ in 2021 prices per hour | -0.2% |
| 2003 | 56.08 international-$ in 2021 prices per hour | +0.6% |
| 2004 | 58.54 international-$ in 2021 prices per hour | +4.4% |
| 2005 | 60.61 international-$ in 2021 prices per hour | +3.5% |
| 2006 | 60.56 international-$ in 2021 prices per hour | -0.1% |
| 2007 | 64.31 international-$ in 2021 prices per hour | +6.2% |
| 2008 | 65.48 international-$ in 2021 prices per hour | +1.8% |
| 2009 | 62.86 international-$ in 2021 prices per hour | -4.0% |
| 2010 | 64.7 international-$ in 2021 prices per hour | +2.9% |
| 2011 | 66.4 international-$ in 2021 prices per hour | +2.6% |
| 2012 | 65.64 international-$ in 2021 prices per hour | -1.1% |
| 2013 | 63.08 international-$ in 2021 prices per hour | -3.9% |
| 2014 | 63.71 international-$ in 2021 prices per hour | +1.0% |
| 2015 | 64.57 international-$ in 2021 prices per hour | +1.4% |
| 2016 | 65.82 international-$ in 2021 prices per hour | +1.9% |
| 2017 | 67.74 international-$ in 2021 prices per hour | +2.9% |
| 2018 | 66.7 international-$ in 2021 prices per hour | -1.5% |
| 2019 | 69.87 international-$ in 2021 prices per hour | +4.7% |
| 2020 | 71.65 international-$ in 2021 prices per hour | +2.5% |
| 2021 | 72.21 international-$ in 2021 prices per hour | +0.8% |
| 2022 | 70.5 international-$ in 2021 prices per hour | -2.4% |
| 2023 | 69.63 international-$ in 2021 prices per hour | -1.2% |
Finland compared with similar countries
- Finland's 69.63 international-$ in 2021 prices per hour is above the median for high income countries, which is 51.52 international-$ in 2021 prices per hour, 1.4× the median. (51 countries reporting)
- Finland's 69.63 international-$ in 2021 prices per hour is above the median for Europe & Central Asia, which is 46.15 international-$ in 2021 prices per hour, 1.5× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 8.59 international-$ in 2021 prices per hour | 6.79 international-$ in 2021 prices per hour | 10.15 international-$ in 2021 prices per hour | 10 |
| 1960s | 13.62 international-$ in 2021 prices per hour | 11.17 international-$ in 2021 prices per hour | 17.37 international-$ in 2021 prices per hour | 10 |
| 1970s | 22.43 international-$ in 2021 prices per hour | 18.43 international-$ in 2021 prices per hour | 26.74 international-$ in 2021 prices per hour | 10 |
| 1980s | 30.92 international-$ in 2021 prices per hour | 27.81 international-$ in 2021 prices per hour | 36.6 international-$ in 2021 prices per hour | 10 |
| 1990s | 44.36 international-$ in 2021 prices per hour | 36.76 international-$ in 2021 prices per hour | 53.48 international-$ in 2021 prices per hour | 10 |
| 2000s | 59.54 international-$ in 2021 prices per hour | 55.38 international-$ in 2021 prices per hour | 65.48 international-$ in 2021 prices per hour | 10 |
| 2010s | 65.82 international-$ in 2021 prices per hour | 63.08 international-$ in 2021 prices per hour | 69.87 international-$ in 2021 prices per hour | 10 |
| 2020s | 71 international-$ in 2021 prices per hour | 69.63 international-$ in 2021 prices per hour | 72.21 international-$ in 2021 prices per hour | 4 |
Countries ranked near Finland
- 12 France 77.67 international-$ in 2021 prices per hour compare
- 13 Australia 76.78 international-$ in 2021 prices per hour compare
- 14 Iceland 75.65 international-$ in 2021 prices per hour compare
- 16 Qatar 69.42 international-$ in 2021 prices per hour compare
- 17 United Kingdom 68.03 international-$ in 2021 prices per hour compare
- 18 Italy 67.25 international-$ in 2021 prices per hour compare
More work & labour data for Finland
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.3571 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.35 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.3641 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.59 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.2994 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 5,282 1000 No (2050)
- Population - Est. & Proj. — Rural population 583.99 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 2,261 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 2,341 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 4,601 1000 No (2100)
Frequently asked questions
- What is productivity vs. gdp per capita in Finland?
- Productivity vs. gdp per capita in Finland was 69.63 international-$ in 2021 prices per hour in 2023, according to Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest productivity vs. gdp per capita recorded in Finland?
- The highest recorded value was 72.21 international-$ in 2021 prices per hour in 2021.
- What is the lowest productivity vs. gdp per capita recorded in Finland?
- The lowest recorded value was 6.79 international-$ in 2021 prices per hour in 1950.
- How does Finland rank for productivity vs. gdp per capita?
- Finland ranks 15th out of 130 countries with data for 2023.
- Is productivity vs. gdp per capita rising or falling in Finland?
- Over the last ten years it is up 10.4%. The long-run trend across the full record is volatile.
- Where does this Finland data come from?
- The figures come from Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data, published as part of Productivity vs. GDP per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 74 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Productivity is calculated as GDP divided by the total number of hours worked in the economy. This data is adjusted for inflation and differences in living costs between countries.