Total factoring volume to GDP in Finland

Finland: Total factoring volume to GDP was 12.7% in 2020. ▲ Rising

Latest (2020)
12.7%
Change on year
up 8.8%
World rank
12th
of 73 countries
All-time high
12.7%
in 2020
All-time low
5.9%
in 2009
Years of data
14
2007–2020

Total factoring volume to GDP in Finland, 2007–2020

0510152007201320202007: 6.8 %2008: 6.5 %2009: 5.9 %2010: 6.6 %2011: 6.6 %2012: 8.7 %2013: 9 %2014: 9.1 %2015: 10.7 %2016: 9.6 %2017: 11.3 %2018: 10.7 %2019: 11.7 %2020: 12.7 %

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 9 France 15.1% compare
  2. 10 Chile 13.1% compare
  3. 11 Poland 13.0% compare
  4. 13 United Kingdom 12.4% compare
  5. 14 Singapore 10.5% compare
  6. 15 Greece 9.3% compare

See the full ranking of 73 places →

More financial sector data for Finland

All data for Finland →

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.

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Total factoring volume to GDP in Finland. Statizoid, drawing on Factors Chain International. Retrieved 22 August 2026, from https://financial-sector.statizoid.com/stat/total-factoring-volume-to-gdp-percent/finland/

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About this data

Indicator
Total factoring volume to GDP (%)
Unit
%
Source
Factors Chain International
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
73 places, 947 data points, 2007–2020
Last refreshed

GDP data provided by IFS and converted into USD using IFS exchange rates.