Total factoring volume to GDP (%) in Finland
Finland: Total factoring volume to GDP (%) was 12.7% in 2020. ▲ Rising
Total factoring volume to GDP in Finland, 2007–2020
Source: Factors Chain International. Measured in %.
Analysis
The most recent figure for total factoring volume to gdp in Finland is 12.7%, measured in 2020. That is the highest value across all 14 years on record.
That represents a change of up 8.8% on the previous year and up 92.2% over ten years.
Over the whole period, total factoring volume to gdp in Finland peaked at 12.7% in 2020 and was at its lowest, 5.9%, in 2009.
That places Finland 12th out of 73 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently rising across the 14 years of available data.
Total factoring volume to GDP (%) in Finland, year by year
| Year | % | Change |
|---|---|---|
| 2007 | 6.8% | — |
| 2008 | 6.5% | -3.7% |
| 2009 | 5.9% | -9.1% |
| 2010 | 6.6% | +11.6% |
| 2011 | 6.6% | -0.4% |
| 2012 | 8.7% | +32.3% |
| 2013 | 9.0% | +3.0% |
| 2014 | 9.1% | +1.0% |
| 2015 | 10.7% | +18.0% |
| 2016 | 9.6% | -10.1% |
| 2017 | 11.3% | +17.1% |
| 2018 | 10.7% | -5.0% |
| 2019 | 11.7% | +9.2% |
| 2020 | 12.7% | +8.8% |
Finland compared with similar countries
- Finland's 12.7% is above the median for high income countries, which is 5.9%, 2.2× the median. (44 countries reporting)
- Finland's 12.7% is above the median for Europe & Central Asia, which is 5.9%, 2.2× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.4% | 5.9% | 6.8% | 3 |
| 2010s | 9.4% | 6.6% | 11.7% | 10 |
| 2020s | 12.7% | 12.7% | 12.7% | 1 |
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 total factoring volume to gdp in Finland?
- Total factoring volume to gdp in Finland was 12.7% in 2020, according to Factors Chain International.
- What is the highest total factoring volume to gdp recorded in Finland?
- The highest recorded value was 12.7% in 2020.
- What is the lowest total factoring volume to gdp recorded in Finland?
- The lowest recorded value was 5.9% in 2009.
- How does Finland rank for total factoring volume to gdp?
- Finland ranks 12th out of 73 countries with data for 2020.
- Is total factoring volume to gdp rising or falling in Finland?
- Over the last ten years it is up 92.2%. The long-run trend across the full record is rising.
- Where does this Finland data come from?
- The figures come from Factors Chain International, published as part of Total factoring volume to GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
GDP data provided by IFS and converted into USD using IFS exchange rates.