Economic Policy & Debt · Finland
Yearly data from 1975 to 2021, from the World Bank.
Finland's adjusted savings, net national savings (current US$) was US$18.64 billion in 2021, the latest year in the World Bank's World Development Indicators. That is up 55.62% from US$11.98 billion in 2011 (4.52% a year on average, compounded).
| Value | Year | |
|---|---|---|
| Latest | US$18.64 billion | 2021 |
| Five years earlier | US$6.16 billion | 2016 |
| Ten years earlier | US$11.98 billion | 2011 |
| Highest | US$32.46 billion | 2007 |
| Lowest | −US$4.55 billion | 1992 |
| Average since 2012 | US$9.67 billion | 2012–2021 |
| First recorded | US$4.07 billion | 1975 |
Over five years it is up 202.72% from US$6.16 billion in 2016 (24.8% a year on average, compounded). Since 1975 it is up 357.9% from US$4.07 billion in 1975 (3.36% a year on average, compounded).
In 2021, Finland's adjusted savings, net national savings (current US$) rose US$3.21 billion on 2020 (from US$15.44 billion to US$18.64 billion).
Across the 30 yearly changes before that (1991 to 2020), the average change was +US$182.26 million and a typical year strayed about US$5.27 billion from that (the standard deviation). This year's change was 0.6 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was US$8.23 billion in 2007 and the biggest yearly fall was US$18.57 billion in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2012 to 2021 the straight-line trend is upward, about US$1.68 billion a year. A straight line explains 86% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
In 2021, Finland had the 48th highest value of the 132 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Net national savings are equal to gross national savings less the value of consumption of fixed capital. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
| Year | Adjusted savings, net national savings (current US$) |
|---|---|
| 2021 | 18,643,972,223 |
| 2020 | 15,438,287,011 |
| 2019 | 13,052,527,242 |
| 2018 | 13,393,730,937 |
| 2017 | 12,172,428,205 |
| 2016 | 6,158,788,001 |
| 2015 | 4,573,563,447 |
| 2014 | 4,243,876,437 |
| 2013 | 3,043,574,057 |
| 2012 | 6,005,117,267 |
| 2011 | 11,980,109,152 |
| 2010 | 12,579,371,944 |
| 2009 | 10,978,698,570 |
| 2008 | 29,545,792,845 |
| 2007 | 32,457,076,486 |
| 2006 | 24,227,255,965 |
| 2005 | 22,520,381,346 |
| 2004 | 24,316,178,909 |
| 2003 | 18,510,525,448 |
| 2002 | 19,360,368,456 |
| 2001 | 19,323,564,775 |
| 2000 | 18,061,008,655 |
| 1999 | 16,668,901,979 |
| 1998 | 14,565,702,484 |
| 1997 | 11,579,131,722 |
| 1996 | 7,070,796,977 |
| 1995 | 7,676,446,794 |
| 1994 | 792,034,068 |
| 1993 | -2,840,617,564 |
| 1992 | -4,546,077,254 |
| 1991 | -1,996,174,959 |
| 1990 | 9,970,573,405 |
| 1989 | 11,866,723,247 |
| 1988 | 11,685,406,946 |
| 1987 | 7,791,686,605 |
| 1986 | 6,845,182,400 |
| 1985 | 5,352,209,227 |
| 1984 | 5,589,788,228 |
| 1983 | 4,990,417,124 |
| 1982 | 5,467,357,031 |
| 1981 | 6,035,697,583 |
| 1980 | 6,859,368,457 |
| 1979 | 5,530,920,373 |
| 1978 | 3,653,057,314 |
| 1977 | 3,265,911,161 |
| 1976 | 3,778,653,414 |
| 1975 | 4,071,592,714 |
Every indicator for Finland is on the Finland data page.
World Bank, World Development Indicators, indicator NY.ADJ.NNAT.CD, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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