Finland
Data verified August 2026 · Sources
Finland's $63,053 PPP-adjusted average wage in 2025 holds 3.3% beneath its 2021 peak, as collective agreements rather than statutory minimums shape a compressed structure, with consumer prices indexing at 83.8 near the US benchmark.
Finland at a Glance
1Y Change
+1.1%
5Y Change
−0.1%
10Y Change
+3.8%
Historical Peak
$65,186 2021
Change From Peak
−3.3%
Overall Price Level
83.8
Finland’s Wage Story
Follow how PPP-adjusted average annual wages have changed in Finland using constant-price OECD data.
USD PPP, constant prices · missing years shown as gaps, never interpolated
Ten Years Ago
$60,740 (2015)
Historical Peak
$65,186 2021
Latest Wage
$63,053 2025
Data Coverage
Wage history: 1990–2025
Reported observations: 36
Missing wage years: None
Latest price data: 2024 · 8 of 8 categories available
A Flat Half-Decade After a Mild Pullback
Finnish wages moved +3.8% over a decade, but the five-year figure is near-flat at −0.1% and the latest-year change +1.1%. At $63,053 in 2025 the level is 3.3% below the 2021 peak of $65,186, so the profile is one of stabilization after a mild pullback. The 2015 figure of $60,740 shows the decade's gain was banked mostly before the recent flat stretch. The pattern is therefore neither decline nor growth but a plateau that only the next observations can resolve.
Agreements Rather Than a Legal Floor
Finland's wage system relies heavily on collective agreements rather than a single legal wage floor, which gives the series institutional stability. The near-zero −0.1% five-year change shows the recent half-decade was essentially flat, and the +1.1% latest-year figure may signal the level is stabilizing rather than continuing to slide. A single positive year, though, does not yet rebuild the 3.3% distance to the peak. A plateau is not a verdict: the series has flatlined before and resumed climbing, and the latest year hints at the same turn.
A Moderate Price Gap
At 83.8 for 2024, Finland's overall consumer price level leaves a gap of 16.2 index points to the US reference. It is a comparative standing rather than a euro amount, and it keeps its own company beside the plateau-shaped wage profile. Finland's wage history runs from 1990 with 36 observations.
Finland’s Everyday Price Profile
Compare eight consumer price categories in Finland with the United States reference value of 100.
Overall
Food
Clothing
Housing
Health
Transport
Recreation
Restaurants & Accommodation
What Stands Out
Highest: Transport
Transport has the highest relative price level of the 8 reported categories in 2024, at 117 against the United States reference of 100. That is +17.0 index points from the benchmark and 8.0 points ahead of the next category, Clothing at 109.
Lowest: Housing
Housing is the lowest of the reported categories in 2024 at 70.7, −29.3 index points against the United States benchmark of 100. The spread between the highest and lowest reported categories is 46.3 index points, which shows how uneven the 2024 price profile is across categories.
Overall vs United States
The overall price level for 2024 is 83.8, below the United States benchmark (−16.2 index points). Looking across the profile, of the 8 reported categories, 4 read above 100 and 4 below it, so the overall figure summarizes a spread of category positions rather than a uniform level.
Compare Finland
Choose another OECD economy to compare wages, historical changes and all eight consumer price categories.
Frequently Asked Questions About Finland
What is the average annual wage in Finland?
Finland's 2025 average wage is $63,053. The level sits below its 2021 peak.
How has the average wage changed in Finland?
The decade change is +3.8%, but the five-year figure is near-flat at -0.1% and the latest-year change +1.1%. The stabilization reflects collective bargaining outcomes. Every horizon uses its exact target year.
What are consumer price levels like in Finland?
Finland's overall consumer price index is 83.8 for 2024, below the US at 100. That is a relative index standing, not a dollar amount or inflation rate.
How far is Finland's wage from its peak?
Finland's 2025 wage of $63,053 is 3.3% below the 2021 high of $65,186. The +1.1% latest-year change suggests the level is stabilizing. The chart keeps both points visible.