Bank concentration in Finland
Finland: Bank concentration was 92.6% in 2021. ▼ Falling
Bank concentration in Finland, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
In 2021, bank concentration in Finland stood at 92.6%.
The figure is down 1.8% on the previous year and down 3.0% over ten years.
Over the whole period, bank concentration in Finland peaked at 100.0% in 2001 and was at its lowest, 78.7%, in 2016.
That places Finland 32nd out of 169 countries with data for 2021, putting it in the top quarter.
The long-run direction has been consistently falling across the 22 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 98.3% | 93.7% | 100.0% | 10 |
| 2010s | 90.6% | 78.7% | 95.4% | 10 |
| 2020s | 93.4% | 92.6% | 94.3% | 2 |
Countries ranked near Finland
More financial sector data for Finland
- Domestic credit to private sector by banks 90.9% (2024)
- Total reserves in months of imports 1.65 (2025)
- Net domestic credit 364.43 billion current LCU (2024)
- Net foreign assets 60.74 billion current LCU (2024)
- Monetary Sector credit to private sector 92.0% (2024)
- Claims on central government, etc. 13.0% (2024)
- Domestic credit to private sector 92.0% (2024)
- Official exchange rate 0.885 LCU per US$, period average (2025)
- Net migration 18,246 (2025)
- GDP deflator: linked series 115.59 base year varies by country (2025)
Frequently asked questions
- What is bank concentration in Finland?
- Bank concentration in Finland was 92.6% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank concentration recorded in Finland?
- The highest recorded value was 100.0% in 2001.
- What is the lowest bank concentration recorded in Finland?
- The lowest recorded value was 78.7% in 2016.
- How does Finland rank for bank concentration?
- Finland ranks 32nd out of 169 countries with data for 2021.
- Is bank concentration rising or falling in Finland?
- Over the last ten years it is down 3.0%. The long-run trend across the full record is falling.
- Where does this Finland data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank concentration (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. (Sum(data2025) for three largest banks in Bankscope) / (Sum(data2025) for all banks in Bankscope). Only reported if number of banks in Bankscope is 3 or more. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.