Wages in Finland increased 0.20 percent in March of 2021 over the same month in the previous year. source: Statistics Finland

Wage Growth in Finland averaged 3.77 percent from 1996 until 2021, reaching an all time high of 8.50 percent in the first quarter of 2001 and a record low of -3.90 percent in the second quarter of 2020. This page provides - Finland Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Finland Wage Growth - values, historical data and charts - was last updated on September of 2021.

Wage Growth in Finland is expected to be 2.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Finland Wage Growth is projected to trend around 3.00 percent in 2022, according to our econometric models.

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Finland Wage Growth

Actual Previous Highest Lowest Dates Unit Frequency
0.20 0.50 8.50 -3.90 1996 - 2021 percent Quarterly
NSA

Finland Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.50 7.10 19.90 0.70 percent [+]
Employed Persons 2588.00 2639.00 2688.00 1942.00 Thousand [+]
Unemployed Persons 179.00 202.00 512.00 15.00 Thousand [+]
Labor Force Participation Rate 67.10 68.90 73.80 62.00 percent [+]
Long Term Unemployment Rate 1.70 1.40 5.50 1.00 percent [+]
Youth Unemployment Rate 16.00 28.10 51.90 3.20 percent [+]
Labour Costs 102.51 102.36 102.51 28.40 points [+]
Job Vacancies 69348.00 64520.00 96096.00 2624.00 [+]
Wages 3632.00 3619.00 3632.00 2009.00 EUR/Month [+]
Wages in Manufacturing 107.20 106.10 107.20 40.60 points [+]
Population 5.53 5.52 5.53 4.41 Million [+]
Retirement Age Women 63.75 63.50 63.75 63.00 [+]
Retirement Age Men 63.75 63.50 63.75 63.00 [+]
Wage Growth 0.20 0.50 8.50 -3.90 percent [+]
Part Time Employment 417.70 402.50 417.70 225.90 Thousand [+]
Productivity 106.20 103.90 106.20 62.10 points [+]
Full Time Employment 2076.70 1987.60 2243.80 1868.00 Thousand [+]
Employment Change 0.40 0.60 1.70 -2.90 percent [+]
Employment Rate 73.40 74.90 79.60 56.80 percent [+]


Finland Wage Growth
In Finland, wage growth refers to year over year changes in wages for the whole economy.