Wage gap by age — Senior to prime-age wage gap in Finland
Finland: Wage gap by age — Senior to prime-age wage gap was -4.07 Percentage of prime-age employees wage in 2024. ◆ Volatile
Latest (2024)
-4.07 Percentage of prime-age employees wage
Change on year
down 257.9%
World rank
15th
of 36 countries
All-time high
2.58 Percentage of prime-age employees wage
in 2023
All-time low
-11 Percentage of prime-age employees wage
in 2003
Years of data
37
1980–2024
Wage gap by age — Senior to prime-age wage gap in Finland, 1980–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of prime-age employees wage.
Analysis
In 2024, wage gap by age — senior to prime-age wage gap in Finland stood at -4.07 Percentage of prime-age employees wage.
Compared with earlier readings it is down 257.9% on the previous year and down 15.5% over ten years.
Over the whole period, wage gap by age — senior to prime-age wage gap in Finland peaked at 2.58 Percentage of prime-age employees wage in 2023 and was at its lowest, -11 Percentage of prime-age employees wage, in 2003.
That places Finland 15th out of 36 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Wage gap by age — Senior to prime-age wage gap in Finland, year by year
| Year | Percentage of prime-age employees wage | Change |
|---|---|---|
| 1980 | -2.07 Percentage of prime-age employees wage | — |
| 1983 | -5 Percentage of prime-age employees wage | +141.7% |
| 1986 | -1.71 Percentage of prime-age employees wage | -65.7% |
| 1989 | -1.7 Percentage of prime-age employees wage | -0.6% |
| 1990 | -0.8487 Percentage of prime-age employees wage | -50.2% |
| 1991 | -0.993 Percentage of prime-age employees wage | +17.0% |
| 1992 | -1.26 Percentage of prime-age employees wage | +27.3% |
| 1993 | -8.55 Percentage of prime-age employees wage | +576.0% |
| 1994 | -7.49 Percentage of prime-age employees wage | -12.3% |
| 1995 | -2.99 Percentage of prime-age employees wage | -60.1% |
| 1996 | -8.37 Percentage of prime-age employees wage | +180.1% |
| 1999 | -8.33 Percentage of prime-age employees wage | -0.5% |
| 2000 | -7.76 Percentage of prime-age employees wage | -6.9% |
| 2001 | -10.12 Percentage of prime-age employees wage | +30.5% |
| 2002 | -8.04 Percentage of prime-age employees wage | -20.6% |
| 2003 | -11 Percentage of prime-age employees wage | +36.8% |
| 2004 | -7.85 Percentage of prime-age employees wage | -28.6% |
| 2005 | -5.75 Percentage of prime-age employees wage | -26.7% |
| 2006 | -6.28 Percentage of prime-age employees wage | +9.3% |
| 2007 | -7.75 Percentage of prime-age employees wage | +23.3% |
| 2008 | -6.38 Percentage of prime-age employees wage | -17.6% |
| 2009 | -6.45 Percentage of prime-age employees wage | +1.1% |
| 2010 | -4.3 Percentage of prime-age employees wage | -33.4% |
| 2011 | -3.17 Percentage of prime-age employees wage | -26.3% |
| 2012 | -3.83 Percentage of prime-age employees wage | +20.8% |
| 2013 | -2.17 Percentage of prime-age employees wage | -43.3% |
| 2014 | -3.53 Percentage of prime-age employees wage | +62.6% |
| 2015 | -5.06 Percentage of prime-age employees wage | +43.4% |
| 2016 | -3.26 Percentage of prime-age employees wage | -35.6% |
| 2017 | -4.22 Percentage of prime-age employees wage | +29.5% |
| 2018 | -3.24 Percentage of prime-age employees wage | -23.3% |
| 2019 | -2.29 Percentage of prime-age employees wage | -29.3% |
| 2020 | -1.38 Percentage of prime-age employees wage | -39.6% |
| 2021 | 0.9928 Percentage of prime-age employees wage | -171.9% |
| 2022 | 1.18 Percentage of prime-age employees wage | +19.3% |
| 2023 | 2.58 Percentage of prime-age employees wage | +117.8% |
| 2024 | -4.07 Percentage of prime-age employees wage | -257.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -2.62 Percentage of prime-age employees wage | -5 Percentage of prime-age employees wage | -1.7 Percentage of prime-age employees wage | 4 |
| 1990s | -4.85 Percentage of prime-age employees wage | -8.55 Percentage of prime-age employees wage | -0.8487 Percentage of prime-age employees wage | 8 |
| 2000s | -7.74 Percentage of prime-age employees wage | -11 Percentage of prime-age employees wage | -5.75 Percentage of prime-age employees wage | 10 |
| 2010s | -3.51 Percentage of prime-age employees wage | -5.06 Percentage of prime-age employees wage | -2.17 Percentage of prime-age employees wage | 10 |
| 2020s | -0.1396 Percentage of prime-age employees wage | -4.07 Percentage of prime-age employees wage | 2.58 Percentage of prime-age employees wage | 5 |
Countries ranked near Finland
- 12 Japan -2.97 Percentage of prime-age employees wage compare
- 13 New Zealand -3.11 Percentage of prime-age employees wage compare
- 14 Germany -3.89 Percentage of prime-age employees wage compare
- 16 Denmark -4.83 Percentage of prime-age employees wage compare
- 17 Australia -5.41 Percentage of prime-age employees wage compare
- 18 Sweden -5.78 Percentage of prime-age employees wage 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 wage gap by age — senior to prime-age wage gap in Finland?
- Wage gap by age — senior to prime-age wage gap in Finland was -4.07 Percentage of prime-age employees wage in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest wage gap by age — senior to prime-age wage gap recorded in Finland?
- The highest recorded value was 2.58 Percentage of prime-age employees wage in 2023.
- What is the lowest wage gap by age — senior to prime-age wage gap recorded in Finland?
- The lowest recorded value was -11 Percentage of prime-age employees wage in 2003.
- How does Finland rank for wage gap by age — senior to prime-age wage gap?
- Finland ranks 15th out of 36 countries with data for 2024.
- Is wage gap by age — senior to prime-age wage gap rising or falling in Finland?
- Over the last ten years it is down 15.5%. The long-run trend across the full record is volatile.
- Where does this Finland data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Wage gap by age — Senior to prime-age wage gap. Statizoid updates them automatically from the source API.
Download this data
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About this data
This dataset contains age wage gaps defined as the difference between mean (median) earnings of 25-54 year-olds and that of 15-24 year-olds (respectively 55-64 year-olds) relative to mean (median) earnings of 25-54 year-olds. Earnings refer to gross earnings of full-time dependent employees unless otherwise indicated.