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Economy of Finland vs Niger compared: GDP & Debt

Updated on by Georank

Finland has a GDP of $317B compared to $21.6B for Niger, ranking 48/197 and 129/197 by economy size, respectively.

Finland has $283B in government debt (89.3% of GDP), compared to $9.82B (45.4% of GDP) in Niger.

Finland vs Niger GDP by year

Finland
Niger
1x
Year GDP, current $
Finland Niger
2025 $317,039,368,820 $21,646,191,388
2024 $298,729,432,712 $19,729,786,047
2023 $295,191,741,637 $16,949,765,464
2022 $280,253,099,309 $15,531,799,641
2021 $294,223,210,496 $14,936,154,253
2020 $270,000,311,606 $13,648,332,190
2019 $267,014,821,129 $12,420,836,507
2018 $273,869,255,596 $12,800,907,986
2017 $253,846,138,440 $11,359,273,443
2016 $238,777,818,793 $10,341,025,540
2015 $233,210,733,506 $9,683,867,926
2014 $273,478,528,955 $10,862,943,544
2013 $270,268,036,626 $10,224,897,438
2012 $257,443,384,493 $9,426,912,648
2011 $275,126,915,516 $8,772,950,778
2010 $249,429,613,683 $7,851,192,502
2009 $253,480,783,439 $7,352,131,310
2008 $285,698,662,071 $7,297,600,226
2007 $256,360,251,538 $5,731,485,052
2006 $217,044,068,234 $4,756,361,252
2005 $204,859,368,791 $4,383,315,965
2004 $197,458,297,640 $3,760,443,738
2003 $171,612,867,736 $3,394,084,732
2002 $140,360,963,812 $2,782,192,879
2001 $129,519,672,869 $2,448,714,704
2000 $125,967,821,111 $2,241,753,193
1999 $135,234,241,918 $2,537,789,821
1998 $133,990,876,725 $2,643,363,519
1997 $126,862,902,302 $2,290,318,910
1996 $131,991,975,149 $2,405,686,940
1995 $134,060,457,516 $2,302,537,562
1994 $103,182,697,780 $1,938,058,175
1993 $89,112,105,756 $3,052,673,849
1992 $112,537,828,511 $3,386,232,579
1991 $127,794,441,994 $3,285,796,875
1990 $141,446,120,355 $3,512,356,508
1989 $118,991,270,611 $2,179,567,114
1988 $109,039,090,263 $2,280,356,193
1987 $91,564,993,913 $2,233,006,105
1986 $73,511,611,541 $1,904,096,998
1985 $55,856,676,899 $1,440,581,652
1984 $52,870,993,273 $1,461,243,326
1983 $50,956,447,481 $1,803,099,561
1982 $52,784,013,815 $2,017,612,216
1981 $52,440,066,134 $2,170,893,414
1980 $53,649,984,061 $2,508,524,721
1979 $44,469,218,440 $2,109,277,666
1978 $36,259,392,058 $1,774,365,590
1977 $33,502,784,418 $1,291,458,041
1976 $31,852,352,670 $1,064,517,601
1975 $29,475,251,333 $1,048,690,933
1974 $24,851,036,710 $1,026,137,111
1973 $19,474,098,335 $946,385,105
1972 $14,744,499,570 $742,779,661
1971 $12,528,522,307 $693,573,704
1970 $11,358,529,162 $649,916,621
1969 $10,177,524,839 $625,867,985
1968 $8,916,565,041 $641,214,226
1967 $9,468,272,357 $665,586,872
1966 $9,306,142,172 $702,296,079
1965 $8,680,393,839 $673,383,511
1964 $7,848,987,793 $582,816,396
1963 $6,958,916,548 $586,294,879
1962 $6,407,796,043 $531,736,599
1961 $5,984,433,774 $485,785,231
1960 $5,279,481,824 $449,526,873

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/finland/niger | CC BY

GDP per capita in Finland vs Niger by year

Finland
GDP per capita

GDP per capita, PPP
Niger
GDP per capita

GDP per capita, PPP
1x
Year Current $
Finland Niger
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $56,149 - $775 -
2024 $53,156 $65,378 $730 $2,050
2023 $52,865 $63,415 $648 $1,875
2022 $50,441 $62,133 $614 $1,840
2021 $53,099 $56,790 $610 $1,586
2020 $48,829 $53,297 $575 $1,497
2019 $48,358 $52,276 $541 $1,419
2018 $49,654 $49,249 $577 $1,276
2017 $46,085 $47,235 $530 $1,208
2016 $43,451 $44,562 $500 $1,189
2015 $42,560 $42,258 $486 $1,172
2014 $50,074 $41,547 $565 $1,161
2013 $49,691 $41,326 $552 $1,138
2012 $47,552 $40,739 $529 $1,162
2011 $51,060 $40,846 $511 $1,064
2010 $46,506 $38,946 $474 $1,058
2009 $47,478 $37,988 $461 $999
2008 $53,769 $40,081 $475 $1,010
2007 $48,473 $37,843 $387 $955
2006 $41,214 $34,440 $333 $935
2005 $39,050 $32,048 $319 $888
2004 $37,768 $31,195 $283.5 $832
2003 $32,920 $29,043 $265.2 $837
2002 $26,989 $28,596 $225.3 $832
2001 $24,965 $27,798 $205.4 $809
2000 $24,336 $26,783 $194.8 $764
1999 $26,180 $24,762 $228.3 $783
1998 $26,000 $23,570 $246.1 $801
1997 $24,682 $21,787 $220.6 $745
1996 $25,757 $20,067 $239.5 $746
1995 $26,246 $19,568 $237 $757
1994 $20,278 $18,458 $206.2 $748
1993 $17,589 $17,458 $335 $742
1992 $22,320 $17,271 $384 $746
1991 $25,489 $17,563 $384 $738
1990 $28,366 $18,149 $424 $739
1989 $23,969 - $271.3 -
1988 $22,044 - $292.6 -
1987 $18,565 - $295.3 -
1986 $14,947 - $259.6 -
1985 $11,394 - $202.4 -
1984 $10,830 - $211.5 -
1983 $10,494 - $268.8 -
1982 $10,935 - $310 -
1981 $10,925 - $343 -
1980 $11,225 - $409 -
1979 $9,333 - $354 -
1978 $7,629 - $307 -
1977 $7,070 - $229.8 -
1976 $6,740 - $194.8 -
1975 $6,256 - $197.2 -
1974 $5,298 - $198.3 -
1973 $4,174 - $187.9 -
1972 $3,178 - $151.4 -
1971 $2,716 - $145.2 -
1970 $2,466 - $139.8 -
1969 $2,201 - $138.3 -
1968 $1,927 - $145.6 -
1967 $2,056 - $155.4 -
1966 $2,032 - $168.6 -
1965 $1,902 - $166.3 -
1964 $1,726 - $148.1 -
1963 $1,538 - $153.3 -
1962 $1,427 - $143.2 -
1961 $1,341 - $134.6 -
1960 $1,192 - $128.3 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/finland/niger | CC BY

Finland's GDP per capita is $56,149, ranking 22/197, compared to $775 in Niger, ranking 188/197. Adjusted for purchasing power (GDP per capita PPP), Finland ranks 27th at $65,378, while Niger ranks 186th at $2,050.

Economic indicators

Finland Niger
Gross domestic product
$317B
2025
$21.6B
2025
GDP rank
48/197
2025
129/197
2025
GDP growth
0.17%
2024-2025
7.01%
2024-2025
GDP per capita
$56,149
2025
$775
2025
GDP per capita rank
22/197
2025
188/197
2025
GDP per capita, PPP
$65,378
2024
$2,050
2024
GDP per capita PPP rank
27/197
2024
186/197
2024
Government debt
$283B
2025
$9.82B
2025
Debt-to-GDP ratio
89.3%
2025
45.4%
2025
Government debt per person
$50,138
2025
$352
2025
Government debt per person rank
11/185
2025
175/185
2025
Average annual personal income after taxes
$36,402
2026
$1,418
2026
Market capitalization of domestic companies
$20.3B
2004
n/a
Number of billionaires
7
2026
n/a
Income share by richest 10%
22.5%
2023
27.8%
2021
Income share by poorest 10%
3.7%
2023
3.8%
2021
Government expenditure, % of GDP
57.6%
2025
14.8%
2025
Consumer prices inflation
0.34%
2024-2025
-4.45%
2024-2025
Unemployment rate
9.7%
2025
0.4%
2022
Population
5647947
29294628

Spending and national debt comparison by year

Finland
Spending

Debt
Niger
Spending

Debt
1x
Year % of GDP
Finland Niger
Government spending Government debt Government spending Government debt
2025 57.6% 89.3% 14.8% 45.4%
2024 57.8% 82.4% 13.4% 47.7%
2023 56% 77% 15.8% 51.8%
2022 52.6% 74% 21.6% 50.7%
2021 55.2% 73.1% 24.3% 51.3%
2020 56.5% 75.3% 22.4% 45%
2019 52.6% 65.3% 21.6% 39.8%
2018 52.7% 65.3% 21.2% 37%
2017 52.8% 66.6% 19.5% 36.5%
2016 55.1% 68.6% 19.4% 32.8%
2015 55.7% 68.8% 24.2% 29.9%
2014 57.6% 64.8% 23.6% 22.1%
2013 57.1% 60.8% 20.4% 19.6%
2012 55.7% 57.9% 16.6% 18.1%
2011 53.8% 52% 15.3% 14.7%
2010 54% 50.1% 14.3% 15.1%
2009 54.1% 41.5% 17.7% 15.9%
2008 47.9% 32.6% 16.9% 14.2%
2007 46.7% 33.9% 17.4% 17.8%
2006 48.3% 38% 15.2% 18.3%
2005 49.2% 39.9% 15.6% 49.5%
2004 48.2% 42.6% 16.1% 55%
2003 48.3% 42.7% 14% 60.6%
2002 47.5% 40.1% 14.4% 69%
2001 46.2% 40.9% 13.7% 74%
2000 46.9% 42.4% 13.5% 82.1%
1999 49.9% 44% 15% 63.3%
1998 51.3% 46.8% 13.6% 61.3%
1997 54.9% 52.2% 12.9% 69.1%
1996 58.5% 55.4% 10.9% 63.5%
1995 60% 55.2% 12.5% 69.4%
1994 62.2% 56.2% - -
1993 63.7% 54.2% - -
1992 60.8% 39.3% - -
1991 55.8% 21.9% - -
1990 47.1% 13.9% - -
1989 44.4% 14.3% - -
1988 46.4% 16.5% - -
1987 47.8% 17.6% - -
1986 46.9% 16.4% - -
1985 46.3% 15.8% - -
1984 44.4% 15.2% - -
1983 44.4% 15.4% - -
1982 42.7% 13.9% - -
1981 41% 11.5% - -
1980 40.1% 10.9% - -
1979 40.3% 11% - -
1978 41.3% 10.7% - -
1977 41.7% 8.22% - -
1976 39.8% 7.09% - -
1975 38.6% 6.76% - -
1974 22.9% 2.97% - -
1973 21.8% 4.42% - -
1972 20.4% 6.46% - -
1971 22.8% 7.94% - -
1970 21.9% 9.19% - -
1969 22.2% 10.8% - -
1968 25.5% 13.9% - -
1967 23.5% 14.2% - -
1966 23.3% 13.7% - -
1965 23.2% 13% - -
1964 22.8% 12.5% - -
1963 21.6% 12.2% - -
1962 23.9% 10.3% - -
1961 22.7% 9.12% - -
1960 22.5% 9.96% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-07-08).

GeoRank.org/economy/finland/niger | CC BY

In 2025, Finland's government spending was $183B, accounting for 57.6% of its GDP, while Niger spent $3.2B, or 14.8% of GDP.

Debt-to-GDP ratio is 89.3% in Finland and 45.4% in Niger, ranking 31/185 and 114/185, respectively.

Government deficit by year

Deficit/surplus
Finland

Niger
1x
Year Deficit/surplus, % of GDP
Finland Niger
2025 -3.88% -3.28%
2024 -4.4% -4.27%
2023 -2.89% -5.37%
2022 -0.18% -6.77%
2021 -2.69% -6.1%
2020 -5.53% -4.82%
2019 -0.93% -3.56%
2018 -0.87% -3.01%
2017 -0.63% -4.12%
2016 -1.7% -4.46%
2015 -2.43% -6.75%
2014 -2.99% -6.12%
2013 -2.52% -1.93%
2012 -2.15% -0.83%
2011 -1.01% -2.19%
2010 -2.57% -0.99%
2009 -2.48% -3.93%
2008 4.18% 1.11%
2007 5.12% -0.75%
2006 3.93% 31%
2005 2.59% -1.53%
2004 2.16% -2.76%
2003 2.34% -2.17%
2002 3.97% -2.21%
2001 4.89% -2.59%
2000 6.73% -2.83%
1999 1.6% -4.27%
1998 1.54% -2.23%
1997 -1.33% -2.39%
1996 -3.37% -0.36%
1995 -5.98% -3.19%
1994 -6.41% -
1993 -8.09% -
1992 -4.88% -
1991 0.3% -
1990 6.63% -
1989 6.73% -
1988 5.09% -
1987 1.63% -
1986 3.83% -
1985 3.33% -
1984 3.23% -
1983 1.52% -
1982 3.06% -
1981 5.11% -
1980 3.7% -
1979 3.41% -
1978 3.83% -
1977 6.27% -
1976 7.65% -
1975 4.96% -
1974 -0.03% -
1973 1.48% -
1972 -0.18% -
1971 0.15% -
1970 1.06% -
1969 0.94% -
1968 -1.69% -
1967 -0.26% -
1966 -1.08% -
1965 -1.67% -
1964 -1.35% -
1963 -2.5% -
1962 -2.37% -
1961 -3.03% -
1960 -0.52% -
1959 -0.12% -
1958 -1.73% -
1957 0.08% -
1956 -1.14% -
1955 -1% -
1954 -0.17% -
1953 0.02% -
1952 -1.24% -
1951 1.1% -
1950 -0.26% -
1949 -2.77% -
1948 1.88% -
1947 -5.99% -
1946 -15.3% -
1945 -6.35% -
1944 -21.5% -
1943 -14.2% -
1942 -16.4% -
1941 -35.8% -
1940 -36.9% -
1939 -9.76% -
1938 -1.48% -
1937 -4.44% -
1936 -3.75% -
1935 -3.81% -
1934 -2.81% -
1933 -1.63% -
1932 -2.61% -
1931 -2.32% -
1930 -1.94% -
1929 -0.78% -
1928 -2.07% -
1927 -0.32% -
1926 -2.9% -
1925 -2.92% -
1924 0.04% -
1923 -2.3% -
1922 0.62% -
1921 -2.59% -
1920 -2.6% -
1919 -7.49% -
1918 -11.4% -
1917 -1.27% -
1916 1.48% -
1915 -0.29% -
1914 -1.15% -
1913 -0.25% -
1912 0.33% -
1911 -0.14% -
1910 -0.3% -
1909 -2.64% -
1908 -1.92% -
1907 0.24% -
1906 0.86% -
1905 -1.28% -
1904 -1.63% -
1903 -0.3% -
1902 -1.74% -
1901 -2.13% -
1900 -0.52% -
1899 -1% -
1898 -4.55% -
1897 -0.37% -
1896 -0.56% -
1895 -1.21% -
1894 -0.62% -
1893 0% -
1892 0.82% -
1891 0.16% -
1890 0.17% -
1889 0.18% -
1888 -0.59% -
1887 -1.46% -
1886 0% -
1885 -1.2% -
1884 -0.2% -
1883 0% -
1882 0.2% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1882–1989, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/finland/niger | CC BY

In 2025, Finland's government deficit, the difference between spending and revenue, was $12.3B, equivalent to 3.88% of GDP. This compares to Niger's deficit of $711M, or 3.28% of GDP.

Over the past 31 years, Finland recorded a fiscal deficit in 20 of those years, while Niger ran a deficit in 29 years. On average, Finland posted an annual deficit equal to 0.37% of GDP, compared to deficit of 2.05% of GDP for Niger.

Inflation comparison by year

Inflation
Finland

Niger
1x
Year Consumer prices inflation
Finland Niger
2025 0.34% -4.45%
2024 1.57% 9.07%
2023 6.25% 3.7%
2022 7.12% 4.23%
2021 2.19% 3.84%
2020 0.29% 2.9%
2019 1.02% -2.49%
2018 1.08% 2.97%
2017 0.75% 2.8%
2016 0.36% 1.65%
2015 -0.21% -0.58%
2014 1.04% -0.93%
2013 1.48% 2.3%
2012 2.81% 0.46%
2011 3.42% 2.94%
2010 1.18% 0.8%
2009 -0% 0.58%
2008 4.07% 11.3%
2007 2.51% 0.05%
2006 1.57% 0.04%
2005 0.62% 7.8%
2004 0.19% 0.26%
2003 0.88% -1.61%
2002 1.57% 2.63%
2001 2.58% 4.01%
2000 3.04% 2.9%
1999 1.16% -2.3%
1998 1.4% 4.55%
1997 1.19% 2.93%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/finland/niger | CC BY

Over the past 29 years, Finland has recorded an average annual inflation rate of 1.78%, compared with 2.15% in Niger. In 2025, inflation was 0.34% in Finland and -4.45% in Niger.

Top exports between countries

Finland
Export category Export value
Raw materials & minerals $328K
Wood & paper products $296K
Miscellaneous $133K
Machinery & equipment $87K
Textiles & consumer goods $18K
Metals $15K
Chemicals & pharma $2K
Niger
Export category Export value
Raw materials & minerals $24K
Animal & marine products $3K

Balance of trade

Finland Niger
Current account balance
$4.23B
2025
-$1.2B
2024
Current account balance ranking
33/190
2025
123/190
2024
Current account balance, % of GDP
+1.34%
2025
-6.09%
2024
Goods imports
$81.3B
2025
$2B
2024
Goods exports
$90.7B
2025
$1.52B
2024
Service imports
$48.9B
2025
$1.03B
2024
Service exports
$43.6B
2025
$248M
2024
Imports of goods and services, % of GDP
41.1%
2025
18.1%
2025
Exports of goods and services, % of GDP
42.3%
2025
15.8%
2025

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Finland Niger
Economic freedom 76.6 51
Economic freedom ranking 15/197 156/197
Property rights 99.9 16.6
Government integrity 95.4 33.9
Judicial effectiveness 96.4 28
Tax burden 68.4 78.2
Government spending 7.9 91.4
Fiscal health 76.3 47.6
Business freedom 85.3 32.4
Labor freedom 65.4 54.7
Monetary freedom 80.3 67.9
Trade freedom 79.4 65.8
Investment freedom 85 55
Financial freedom 80 40

Economic freedom comparison by year

Finland
Niger
1x
Year Economic freedom index
Finland Niger
2026 76.6 51
2025 77 51.5
2024 76.3 52.3
2023 77.1 53.7
2022 78.3 54.9
2021 76.1 57.3
2020 75.7 54.7
2019 74.9 51.6
2018 74.1 49.5
2017 74 50.8
2016 72.6 54.3
2015 73.4 54.6
2014 73.4 55.1
2013 74 53.9
2012 72.3 54.3
2011 74 54.3
2010 73.8 52.9
2009 74.5 53.8
2008 74.6 52.9
2007 74 53.2
2006 72.9 52.5
2005 71 54.1
2004 73.4 54.6
2003 73.7 54.2
2002 73.6 48.2
2001 69.7 48.9
2000 64.3 45.9
1999 63.9 48.6
1998 63.5 47.5
1997 65.2 46.6
1996 63.7 45.8

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-07-08).

GeoRank.org/economy/finland/niger | CC BY

The Economic Freedom Index for Finland is 76.6, ranking 15/197, compared to 51 for Niger, ranking 156/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Finland Niger
Services, % of GDP
62.1%
2025
31.1%
2025
Industry, % of GDP
22.5%
2025
18.7%
2025
Agriculture, forestry, and fishing, % of GDP
2.61%
2025
47.6%
2025
GNI, Atlas method
$312B
2025
$20.9B
2025
GNI per capita, PPP
$66,300
2025
$2,150
2025
Total reserves including gold
$22.5B
2025
n/a
Total reserves ranking
64/177
2025
n/a
Net foreign direct investment
$6.97B
2025
-$337M
2024
Net inflows of foreign direct investment
$8.74B
2024
$358M
2024
Net outflows of foreign direct investment
$12.5B
2024
$20.7M
2024
Servicing debt to the IMF, % of GNI n/a
1.96%
2024
Poverty at national poverty lines
12.2%
2022
41.2%
2021
Gross capital formation, % of GDP
21.9%
2025
22%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/finland/niger | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1882–1989, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2020–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

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The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.