Country Comparison

Finland vs Canada

Compare average wages, long-term wage changes and eight consumer price categories using OECD data.

At a Glance

Finland flagFinland

vs

CanadaCanada flag

$63,0532025

Latest Average Wage

Canada +7.7%

(vs Finland)

$67,9012025
−0.1%2025

5-Year Wage Change

Finland +0.2 pts

(vs Canada)

−0.3%2025
+3.8%2025

10-Year Wage Change

Canada +1.2 pts

(vs Finland)

+5.0%2025
83.82024

Overall Price Level

Canada +2.2 index points

(vs Finland)

862024

Wages are PPP-adjusted average annual wages; price levels use the United States reference of 100. Years shown are each country's latest reported observation.

How Wages Have Changed

Follow PPP-adjusted average annual wages in constant prices across both economies.

$60k$62k$65k$67k$69k20152016201720182019202020212022202320242025

USD PPP, constant prices · missing years shown as gaps, never interpolated

Finland flag

Finland

Latest Average Wage

−0.1% · 5 years

$63,053

Canada flag

Canada

Latest Average Wage

−0.3% · 5 years

$67,901

Wage Milestones

Finland flagFinland

10 Years Ago

$60,740 (2015)

Historical Peak

$65,186 (2021)

Latest Wage

$63,053 (2025)

1Y +1.1% · 5Y −0.1% · From Peak −3.3%

Canada flagCanada

10 Years Ago

$64,667 (2015)

Historical Peak

$68,434 (2021)

Latest Wage

$67,901 (2025)

1Y +0.2% · 5Y −0.3% · From Peak −0.8%

Compare Everyday Price Levels

See how eight consumer price categories compare with the United States reference value of 100.

United States = 100 · Differences shown in index points

Finland (FIN)Canada (CAN)

Overall

−2.2 index points

100
83.8vs86

Food

−14.9 index points

100
93.1vs108

Clothing

−9.0 index points

100
109vs118

Housing

−12.4 index points

100
70.7vs83.1

Health

+13.2 index points

100
75.4vs62.2

Transport

+14.0 index points

100
117vs103

Recreation

+9.0 index points

100
101vs92

Restaurants & Accommodation

+5.4 index points

100
103vs97.6

What Stands Out

01

Latest Wage Gap

Canada's latest average wage is $67,901 for 2025, about 7.7% higher than Finland's $63,053 for 2025 — computed straight from the two reported values. In annual terms the gap comes to about $4,847 on the same PPP basis.

02

Stronger Recent Trend

On the latest one-year change, Finland shows the stronger movement at +1.1%, against +0.2% for Canada. The five-year horizon keeps the same ordering: −0.1% against −0.3%. Both percentages are real, PPP-adjusted changes from the reported wage series.

03

Largest Price Gap

Food shows the widest price gap of the comparable categories in 2024: 93.1 for Finland against 108 for Canada. Canada sits on the higher side of that 14.9-point spread; Finland reads 14.9 index points lower on the US=100 scale. The gap is stated in index points, which are not interchangeable with percentages.

04

Closest Price Category

The closest category is Overall: Finland reads 83.8 and Canada 86 for 2024, just 2.2 index points apart on the US=100 scale. The next closest is Restaurants & Accommodation at 5.4 index points apart. Closeness here describes the index readings only, not the baskets behind them.

Understanding the Comparison

Wage Position illustration

Wage Position

Canada's latest PPP-adjusted average wage is $67,901 for 2025, moderately higher than Finland's $63,053 for 2025. In relative terms the gap is 7.7% — calculated from the two reported values — equivalent to about $4,847 a year on the same purchasing-power basis. Because both values already sit on the same USD PPP, constant-2025-price footing, the comparison adjusts for price-level differences between the two economies. Over ten years Finland recorded +3.8% and Canada +5.0%, so the two series have been moving in the same long-term direction. The wage milestones above show how each side arrived at its current level, year by year.

Wage Direction illustration

Wage Direction

The two wage series do not point the same way across the reported horizons. Finland is partway through a recovery: the latest year added +1.1%, though the level remains 3.3% below its peak. Canada stands just below its historical high of $68,434 in 2021, only 0.8% away, with a ten-year change of +5.0%. The five-year changes — −0.1% for Finland, −0.3% for Canada — resist a single-trend summary and are clearer read side by side. Each percentage is a real, PPP-adjusted change; nominal pay movements are outside what this dataset reports.

Price Profile illustration

Price Profile

Finland's overall consumer price level for 2024 reads 83.8, and Canada's reads 86, each measured against the United States reference of 100. Neither country is uniformly higher: Finland leads in 4 of the 8 comparable categories and Canada in 4, so the profile splits by category rather than by country. Food separates the two most: Finland reads 93.1 and Canada 108, 14.9 index points apart. The two sit closest in Overall (83.8 versus 86), only 2.2 index points apart. Counted against the US reference of 100, 4 of Finland's 8 reported categories sit above the line, against 3 of Canada's 8.

Wage and price data should not be combined into a verdict on which country is better to live in.

Average wages are PPP-adjusted and expressed in constant prices. Consumer price levels use the United States as the reference value of 100.