{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"fi-average-salary","url":"https://apiardata.com/statistics/fi-average-salary","html_url":"https://apiardata.com/statistics/fi-average-salary/","title":"Average Annual Salary in Finland (2025)","description":"Average annual wages in Finland from 1990 to 2025, expressed in constant 2025 USD at purchasing power parity. At $63,053 in 2025, Finland sits approximately 2.7% below the OECD average of $64,809. Source: OECD Average Annual Wages dataset.","domain":"labor","category":"Labour & Employment","keywords":["Labour & Employment","Wages & Earnings","Finland","Macroeconomics","Purchasing Power Parity"],"publisher":"OECD — Centre for Employment, Labour and Social Affairs","frequency":"Annual","geography":"Finland","temporal_coverage":"1990/2025","unit":"Avg. Annual Wage (USD PPP)","last_updated":"2026-07-25","last_updated_text":"25 July 2026","data_as_of":"2025","variable_measured":"Mean gross annual wage of full-time full-year employees in Finland","measurement_technique":"National accounts and labour force surveys, converted to constant 2025 USD at purchasing power parity","license":"https://apiardata.com/data-license","is_accessible_for_free":true,"sources":[{"name":"OECD Average Annual Wages — SDMX REST API endpoint","url":"https://sdmx.oecd.org/public/rest/data/OECD.ELS.SAE,DSD_EARNINGS@AV_AN_WAGE,1.0?format=csv"},{"name":"OECD — Average Wages indicator page","url":"https://www.oecd.org/en/data/indicators/average-wages.html"}],"meta":[{"label":"Frequency","value":"Annual"},{"label":"Coverage","value":"1990–2025"},{"label":"Observations","value":"36"},{"label":"Geography","value":"Finland"},{"label":"Base period","value":"Constant 2025 USD at PPP"},{"label":"Last updated","value":"25 July 2026"}],"kpis":[{"label":"Finland Avg. Wage (2025)","value":"$63,053","unit":"Constant 2025 USD, PPP","trend":{"direction":"up","value":"+1.1% vs. 2024"}},{"label":"vs. OECD Average","value":"-2.7%","unit":"Below OECD avg. of $64,809","trend":{"direction":"down","value":"Finland below OECD average"}},{"label":"10-Year Real Growth","value":"+3.8%","unit":"2015 to 2025","trend":{"direction":"up","value":"From $60,740 in 2015"}},{"label":"2021 Post-COVID Peak","value":"$65,186","unit":"Constant 2025 USD, PPP","trend":{"direction":"down","value":"-3.3% through 2025"}}],"series":[{"key":"value","label":"Finland Average Annual Wage (USD PPP, constant 2025)"}],"observation_count":36,"observations":[{"period":"1990","value":47108},{"period":"1991","value":47675},{"period":"1992","value":46947},{"period":"1993","value":45301},{"period":"1994","value":45946},{"period":"1995","value":47756},{"period":"1996","value":48848},{"period":"1997","value":48883},{"period":"1998","value":50170},{"period":"1999","value":51337},{"period":"2000","value":52219},{"period":"2001","value":52496},{"period":"2002","value":52778},{"period":"2003","value":53783},{"period":"2004","value":59425},{"period":"2005","value":56730},{"period":"2006","value":57901},{"period":"2007","value":58672},{"period":"2008","value":59176},{"period":"2009","value":59685},{"period":"2010","value":61132},{"period":"2011","value":61176},{"period":"2012","value":61075},{"period":"2013","value":60513},{"period":"2014","value":60509},{"period":"2015","value":60740},{"period":"2016","value":61375},{"period":"2017","value":61364},{"period":"2018","value":61788},{"period":"2019","value":62762},{"period":"2020","value":63100},{"period":"2021","value":65186},{"period":"2022","value":62939},{"period":"2023","value":62069},{"period":"2024","value":62393},{"period":"2025","value":63053}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"Avg. Annual Wage (USD PPP)"},{"key":"yoyChange","label":"YoY Change"}],"rows":[{"year":"1990","value":"47108","yoyChange":"n/a"},{"year":"1991","value":"47675","yoyChange":"+1.2%"},{"year":"1992","value":"46947","yoyChange":"-1.5%"},{"year":"1993","value":"45301","yoyChange":"-3.5%"},{"year":"1994","value":"45946","yoyChange":"+1.4%"},{"year":"1995","value":"47756","yoyChange":"+3.9%"},{"year":"1996","value":"48848","yoyChange":"+2.3%"},{"year":"1997","value":"48883","yoyChange":"+0.1%"},{"year":"1998","value":"50170","yoyChange":"+2.6%"},{"year":"1999","value":"51337","yoyChange":"+2.3%"},{"year":"2000","value":"52219","yoyChange":"+1.7%"},{"year":"2001","value":"52496","yoyChange":"+0.5%"},{"year":"2002","value":"52778","yoyChange":"+0.5%"},{"year":"2003","value":"53783","yoyChange":"+1.9%"},{"year":"2004","value":"59425","yoyChange":"+10.5%"},{"year":"2005","value":"56730","yoyChange":"-4.5%"},{"year":"2006","value":"57901","yoyChange":"+2.1%"},{"year":"2007","value":"58672","yoyChange":"+1.3%"},{"year":"2008","value":"59176","yoyChange":"+0.9%"},{"year":"2009","value":"59685","yoyChange":"+0.9%"},{"year":"2010","value":"61132","yoyChange":"+2.4%"},{"year":"2011","value":"61176","yoyChange":"+0.1%"},{"year":"2012","value":"61075","yoyChange":"-0.2%"},{"year":"2013","value":"60513","yoyChange":"-0.9%"},{"year":"2014","value":"60509","yoyChange":"0.0%"},{"year":"2015","value":"60740","yoyChange":"+0.4%"},{"year":"2016","value":"61375","yoyChange":"+1.0%"},{"year":"2017","value":"61364","yoyChange":"0.0%"},{"year":"2018","value":"61788","yoyChange":"+0.7%"},{"year":"2019","value":"62762","yoyChange":"+1.6%"},{"year":"2020","value":"63100","yoyChange":"+0.5%"},{"year":"2021","value":"65186","yoyChange":"+3.3%"},{"year":"2022","value":"62939","yoyChange":"-3.4%"},{"year":"2023","value":"62069","yoyChange":"-1.4%"},{"year":"2024","value":"62393","yoyChange":"+0.5%"},{"year":"2025","value":"63053","yoyChange":"+1.1%"}]},"qa":[{"question":"What is the average annual salary in Finland?","answer":"In 2025, the average annual salary in Finland was $63,053 in constant 2025 USD, adjusted for purchasing power parity. The figure covers mean gross wages for full-time, full-year equivalent employees across the total economy, compiled by the OECD from national accounts and labour force surveys (series AV_AN_WAGE, measure WG, unit USD_PPP). The 2025 reading is up 1.1% from $62,393 in 2024, extending a modest recovery after two consecutive years of real wage decline following the 2021 peak of $65,186."},{"question":"How does Finland's average wage compare to the OECD average?","answer":"Finland's 2025 average of $63,053 sits approximately 2.7% below the OECD-wide average of $64,809. This places Finland in the mid-to-upper tier of OECD economies by wage level — ahead of most Central and Southern European peers but behind Germany ($76,285), the Netherlands, and the other Nordic countries. Within the Nordic cluster, Finland typically trails Norway and Denmark by a meaningful margin in PPP-adjusted terms, partly reflecting Norway's oil-driven public sector wage premium and Denmark's stronger collective bargaining coverage."},{"question":"Why were Finnish wages so flat through the 2010s?","answer":"Between 2010 ($61,132) and 2019 ($62,762), Finland's average annual wage in constant 2025 PPP terms rose just $1,630, a cumulative gain of 2.7% over nine years. This stagnation coincided with prolonged economic weakness following the 2008–2009 financial crisis and the sharp decline of Nokia's mobile phone business. Finland entered a recession in 2012–2014 as its export base contracted. The government's 'competitiveness pact' (kilpailukykysopimus) of 2016 then deliberately cut employer labour costs — temporarily freezing pay settlements and shifting some social contributions to employees — which held real wage growth near zero from 2016 through 2018."},{"question":"What caused Finnish wages to fall after the 2021 peak?","answer":"Finland's average wage hit $65,186 in 2021, its highest point on record, then fell to $62,939 in 2022 (-3.4%) and $62,069 in 2023 (-1.4%). The cumulative real decline of 4.8% between 2021 and 2023 reflects the same inflation shock visible across the OECD: consumer prices rose sharply in 2022 driven by energy costs and supply-chain disruptions, while Finnish collective bargaining agreements had locked in lower nominal wage growth. Finland's high energy dependence as a northern economy amplified the purchasing-power erosion. Wages recovered modestly to $62,393 in 2024 (+0.5%) and $63,053 in 2025 (+1.1%), though the series has not yet fully closed the gap to the 2021 peak."},{"question":"Is the 2004 jump in Finnish wages reliable?","answer":"The OECD series shows a 10.5% spike from $53,783 in 2003 to $59,425 in 2004, followed by a retreat to $56,730 in 2005. This two-year pattern most likely reflects a methodological revision in Finland's national accounts contribution to the OECD dataset rather than an actual wage surge and correction. Analysts modelling the 2003–2006 period should treat this anomaly with caution and cross-check against Statistics Finland's own earnings statistics before drawing conclusions about Finnish wage dynamics in those years."}]}