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 170 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.
Bank concentration in Finland, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 97.2% | — |
| 2001 | 100.0% | +2.8% |
| 2002 | 100.0% | +0.0% |
| 2003 | 100.0% | +0.0% |
| 2004 | 100.0% | -0.0% |
| 2005 | 99.5% | -0.4% |
| 2006 | 99.5% | +0.0% |
| 2007 | 98.8% | -0.8% |
| 2008 | 94.2% | -4.6% |
| 2009 | 93.7% | -0.6% |
| 2010 | 94.7% | +1.1% |
| 2011 | 95.4% | +0.7% |
| 2012 | 94.1% | -1.4% |
| 2013 | 92.1% | -2.2% |
| 2014 | 91.7% | -0.4% |
| 2015 | 93.6% | +2.1% |
| 2016 | 78.7% | -16.0% |
| 2017 | 79.4% | +1.0% |
| 2018 | 93.5% | +17.8% |
| 2019 | 93.2% | -0.3% |
| 2020 | 94.3% | +1.1% |
| 2021 | 92.6% | -1.8% |
Finland compared with similar countries
- Finland's 92.6% is above the median for high income countries, which is 73.1%, 1.3× the median. (63 countries reporting)
- Finland's 92.6% is above the median for Europe & Central Asia, which is 68.9%, 1.3× the median. (50 countries reporting)
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
- Reserve position in the IMF, US dollar, annual growth rate 7.97 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 151.59 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 2.82 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.002 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 110.69 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 7.97 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0027 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 151.59 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 2.82 % change on previous year (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 170 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.