Skip to content

Economy of Finland vs Slovenia compared: GDP & Debt

Updated on by Georank team

Finland has a GDP of $299B compared to $73B for Slovenia, ranking 47/197 and 86/197 by economy size, respectively.

Finland has $245B in government debt (82.1% of GDP), compared to $48.6B (66.6% of GDP) in Slovenia.

Finland vs Slovenia GDP by year

Finland
Slovenia
1x
Year GDP, current $
Finland Slovenia
2024 $298,696,961,298 $72,972,015,197
2023 $295,021,982,463 $69,255,264,238
2022 $280,253,099,309 $59,899,117,741
2021 $294,223,210,496 $61,540,813,362
2020 $270,000,311,606 $53,384,760,135
2019 $267,014,821,129 $53,909,922,736
2018 $273,869,255,596 $53,689,067,640
2017 $253,846,138,440 $48,153,200,135
2016 $238,777,818,793 $44,290,685,824
2015 $233,210,733,506 $42,709,468,275
2014 $273,478,528,955 $49,514,466,380
2013 $270,268,036,626 $47,867,056,859
2012 $257,443,384,493 $46,167,053,954
2011 $275,126,915,516 $51,199,194,599
2010 $249,429,613,683 $47,793,117,241
2009 $253,480,783,439 $49,975,540,955
2008 $285,698,662,071 $55,509,332,322
2007 $256,360,251,538 $47,880,266,543
2006 $217,044,068,234 $39,260,368,837
2005 $204,859,368,791 $35,947,936,824
2004 $197,458,297,640 $34,156,553,313
2003 $171,612,867,736 $29,360,575,032
2002 $140,360,963,812 $23,214,593,516
2001 $129,519,672,869 $20,668,868,707
2000 $125,967,821,111 $20,159,190,702
1999 $135,234,241,918 $22,609,669,084
1998 $133,990,876,725 $22,058,635,314
1997 $126,862,902,302 $20,726,878,752
1996 $131,991,975,149 $21,470,699,363
1995 $134,060,457,516 $21,367,422,159
1994 $103,182,697,780 $16,400,767,070
1993 $89,112,105,756 $14,449,298,372
1992 $112,537,828,511 $14,277,261,541
1991 $127,794,441,994 $14,454,495,059
1990 $141,446,120,355 $19,832,029,087
1989 $118,991,270,611 -
1988 $109,039,090,263 -
1987 $91,564,993,913 -
1986 $73,511,611,541 -
1985 $55,856,676,899 -
1984 $52,870,993,273 -
1983 $50,956,447,481 -
1982 $52,784,013,815 -
1981 $52,440,066,134 -
1980 $53,649,984,061 -
1979 $44,469,218,440 -
1978 $36,259,392,058 -
1977 $33,502,784,418 -
1976 $31,852,352,670 -
1975 $29,475,251,333 -
1974 $24,851,036,710 -
1973 $19,474,098,335 -
1972 $14,744,499,570 -
1971 $12,528,522,307 -
1970 $11,358,529,162 -
1969 $10,177,524,839 -
1968 $8,916,565,041 -
1967 $9,468,272,357 -
1966 $9,306,142,172 -
1965 $8,680,393,839 -
1964 $7,848,987,793 -
1963 $6,958,916,548 -
1962 $6,407,796,043 -
1961 $5,984,433,774 -
1960 $5,279,481,824 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Finland vs Slovenia by year

Finland
GDP per capita

GDP per capita, PPP
Slovenia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Finland Slovenia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $53,150 $65,378 $34,301 $57,186
2023 $52,834 $63,415 $32,660 $56,064
2022 $50,441 $62,133 $28,360 $52,347
2021 $53,099 $56,790 $29,193 $45,914
2020 $48,829 $53,297 $25,392 $41,767
2019 $48,358 $52,276 $25,814 $42,373
2018 $49,654 $49,249 $25,888 $38,620
2017 $46,085 $47,235 $23,303 $36,180
2016 $43,451 $44,562 $21,448 $33,575
2015 $42,560 $42,258 $20,697 $31,336
2014 $50,074 $41,547 $24,013 $30,572
2013 $49,691 $41,326 $23,237 $29,634
2012 $47,552 $40,739 $22,442 $28,787
2011 $51,060 $40,846 $24,941 $28,716
2010 $46,506 $38,946 $23,330 $27,579
2009 $47,478 $37,988 $24,502 $27,229
2008 $53,769 $40,081 $27,462 $29,461
2007 $48,473 $37,843 $23,725 $27,468
2006 $41,214 $34,440 $19,563 $25,571
2005 $39,050 $32,048 $17,970 $23,682
2004 $37,768 $31,195 $17,104 $22,588
2003 $32,920 $29,043 $14,712 $20,916
2002 $26,989 $28,596 $11,639 $20,004
2001 $24,965 $27,798 $10,376 $18,763
2000 $24,336 $26,783 $10,136 $17,892
1999 $26,180 $24,762 $11,401 $17,007
1998 $26,000 $23,570 $11,132 $15,994
1997 $24,682 $21,787 $10,437 $15,257
1996 $25,757 $20,067 $10,797 $14,284
1995 $26,246 $19,568 $10,738 $13,637
1994 $20,278 $18,458 $8,244 $13,975
1993 $17,589 $17,458 $7,255 $12,976
1992 $22,320 $17,271 $7,151 $12,296
1991 $25,489 $17,563 $7,229 $12,698
1990 $28,366 $18,149 $9,925 $13,491
1989 $23,969 - - -
1988 $22,044 - - -
1987 $18,565 - - -
1986 $14,947 - - -
1985 $11,394 - - -
1984 $10,830 - - -
1983 $10,494 - - -
1982 $10,935 - - -
1981 $10,925 - - -
1980 $11,225 - - -
1979 $9,333 - - -
1978 $7,629 - - -
1977 $7,070 - - -
1976 $6,740 - - -
1975 $6,256 - - -
1974 $5,298 - - -
1973 $4,174 - - -
1972 $3,178 - - -
1971 $2,716 - - -
1970 $2,466 - - -
1969 $2,201 - - -
1968 $1,927 - - -
1967 $2,056 - - -
1966 $2,032 - - -
1965 $1,902 - - -
1964 $1,726 - - -
1963 $1,538 - - -
1962 $1,427 - - -
1961 $1,341 - - -
1960 $1,192 - - -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

Finland's GDP per capita is $53,150, ranking 23/197, compared to $34,301 in Slovenia, ranking 34/197. Adjusted for purchasing power (GDP per capita PPP), Finland ranks 27th at $65,378, while Slovenia ranks 37th at $57,186.

Economic indicators

Finland Slovenia
Gross domestic product
$299B
2024
$73B
2024
GDP rank
47/197
2024
86/197
2024
GDP growth
0.42%
2023-2024
1.73%
2023-2024
GDP per capita
$53,150
2024
$34,301
2024
GDP per capita rank
23/197
2024
34/197
2024
GDP per capita, PPP
$65,378
2024
$57,186
2024
GDP per capita PPP rank
27/197
2024
37/197
2024
Government debt
$245B
2024
$48.6B
2024
Debt-to-GDP ratio
82.1%
2024
66.6%
2024
Government debt per person
$43,662
2024
$22,842
2024
Government debt per person rank
12/185
2024
29/185
2024
Average annual personal income after taxes
$36,394
2026
$22,215
2026
Market capitalization of domestic companies
$20.3B
2004
$11.4B
2024
Number of billionaires
7
2025
n/a
Income share by richest 10%
22.5%
2023
20.6%
2023
Income share by poorest 10%
3.7%
2023
4.1%
2023
Government expenditure, % of GDP
57.7%
2024
46.5%
2024
Consumer prices inflation
1.57%
2023-2024
1.97%
2023-2024
Unemployment rate
8.34%
2024
3.7%
2024
Population
5631965
2124138

Spending and national debt comparison by year

Finland
Spending

Debt
Slovenia
Spending

Debt
1x
Year % of GDP
Finland Slovenia
Government spending Government debt Government spending Government debt
2024 57.7% 82.1% 46.5% 66.6%
2023 55.9% 77.5% 46.4% 68.3%
2022 52.6% 74% 47.7% 72.8%
2021 55.2% 73.2% 49.9% 74.8%
2020 56.5% 75.3% 51.8% 80.2%
2019 52.6% 65.3% 43.8% 66%
2018 52.7% 65.3% 44.1% 71%
2017 52.8% 66.6% 44.6% 74.9%
2016 55.1% 68.6% 46.9% 79.4%
2015 55.7% 68.8% 49.5% 83.4%
2014 57.6% 64.8% 50.6% 81.1%
2013 57.1% 60.8% 57.7% 70.8%
2012 55.7% 57.9% 50% 54.1%
2011 53.8% 52% 51.4% 46.8%
2010 54% 50.1% 50.7% 38.6%
2009 54.1% 41.5% 50% 34.9%
2008 47.9% 32.6% 45.2% 21.9%
2007 46.7% 33.9% 43.5% 22.9%
2006 48.3% 38% 45.7% 26.2%
2005 49.2% 39.9% 46.7% 26.6%
2004 48.2% 42.6% 46.9% 27.1%
2003 48.3% 42.7% 47.6% 27%
2002 47.5% 40.1% 47.8% 27.7%
2001 46.2% 40.9% 49.2% 26.3%
2000 46.9% 42.4% 47.8% 26.1%
1999 49.9% 44% 47.2% 23.8%
1998 51.3% 46.8% 46.4% 22.8%
1997 54.9% 52.2% 45.4% 22.1%
1996 58.5% 55.4% 45.2% 21.6%
1995 60% 55.2% 53% 18.2%
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 (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-02-20).

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

In 2024, Finland's government spending was $172B, accounting for 57.7% of its GDP, while Slovenia spent $33.9B, or 46.5% of GDP.

Debt-to-GDP ratio is 82.1% in Finland and 66.6% in Slovenia, ranking 42/185 and 66/185, respectively.

Government deficit by year

Deficit/surplus
Finland

Slovenia
1x
Year Deficit/surplus, % of GDP
Finland Slovenia
2024 -4.41% -0.93%
2023 -2.98% -2.59%
2022 -0.18% -3.02%
2021 -2.69% -4.61%
2020 -5.53% -7.68%
2019 -0.93% 0.68%
2018 -0.87% 0.9%
2017 -0.63% 0.05%
2016 -1.7% -2%
2015 -2.43% -2.84%
2014 -2.99% -4.53%
2013 -2.52% -11.2%
2012 -2.15% -4.2%
2011 -1.01% -6.69%
2010 -2.57% -5.56%
2009 -2.48% -5.87%
2008 4.18% -1.44%
2007 5.12% -0.08%
2006 3.93% -1.26%
2005 2.59% -1.38%
2004 2.16% -1.98%
2003 2.34% -2.66%
2002 3.97% -2.47%
2001 4.89% -4.58%
2000 6.73% -3.77%
1999 1.6% -3.04%
1998 1.54% -2.39%
1997 -1.33% -2.37%
1996 -3.37% -1.16%
1995 -5.98% -8.19%
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 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2024, Finland's government deficit, the difference between spending and revenue, was $13.2B, equivalent to 4.41% of GDP. This compares to Slovenia's deficit of $681M, or 0.93% of GDP.

Over the past 30 years, Finland recorded a fiscal deficit in 19 of those years, while Slovenia ran a deficit in 27 years. On average, Finland posted an annual deficit equal to 0.26% of GDP, compared to deficit of 3.23% of GDP for Slovenia.

Inflation comparison by year

Inflation
Finland

Slovenia
1x
Year Consumer prices inflation
Finland Slovenia
2024 1.57% 1.97%
2023 6.25% 7.45%
2022 7.12% 8.83%
2021 2.19% 1.92%
2020 0.29% -0.05%
2019 1.02% 1.63%
2018 1.08% 1.74%
2017 0.75% 1.43%
2016 0.36% -0.05%
2015 -0.21% -0.53%
2014 1.04% 0.2%
2013 1.48% 1.77%
2012 2.81% 2.6%
2011 3.42% 1.8%
2010 1.18% 1.8%
2009 -0% 0.84%
2008 4.07% 5.65%
2007 2.51% 3.66%
2006 1.57% 2.46%
2005 0.62% 2.45%
2004 0.19% 3.59%
2003 0.88% 5.54%
2002 1.57% 7.48%
2001 2.58% 8.38%
2000 3.04% 8.91%
1999 1.16% 6.16%
1998 1.4% 7.89%
1997 1.19% 8.36%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Finland has recorded an average annual inflation rate of 1.83%, compared with 3.71% in Slovenia. In 2024, inflation was 1.57% in Finland and 1.97% in Slovenia.

Top exports between countries

Finland
Export category Export value
Machinery & equipment $42.8M
Metals $24.7M
Chemicals & pharma $16.9M
Transport & tourism services $11M
Textiles & consumer goods $6.53M
IT & IP services $6.45M
Business & finance services $5.39M
Manufacturing & construction services $2.31M
Wood & paper products $2.23M
Precious metals & jewellery $1.86M
Slovenia
Export category Export value
Machinery & equipment $45.3M
Chemicals & pharma $30.1M
Metals $15.4M
Textiles & consumer goods $12.5M
Transport & tourism services $7.68M
Business & finance services $5.51M
Raw materials & minerals $4.19M
Manufacturing & construction services $3.95M
Animal & marine products $3.03M
Wood & paper products $2.08M

Balance of trade

Finland Slovenia
Current account balance
-$1.99B
2024
$3.32B
2024
Current account balance ranking
143/190
2024
37/190
2024
Current account balance, % of GDP
-0.67%
2024
+4.55%
2024
Goods imports
$76.6B
2024
$45.2B
2024
Goods exports
$83.1B
2024
$45.6B
2024
Service imports
$47.4B
2024
$9.52B
2024
Service exports
$42B
2024
$13.6B
2024
Imports of goods and services, % of GDP
41.6%
2024
74.7%
2024
Exports of goods and services, % of GDP
41.9%
2024
80.9%
2024

Economic freedom indices

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

Finland Slovenia
Economic freedom 76.6 69.7
Economic freedom ranking 15/197 40/197
Property rights 99.9 87.6
Government integrity 95.4 66.1
Judicial effectiveness 96.4 91.6
Tax burden 68.4 55.5
Government spending 7.9 34.1
Fiscal health 76.3 83.5
Business freedom 85.3 78.7
Labor freedom 65.4 62.7
Monetary freedom 80.3 77.5
Trade freedom 79.4 79.4
Investment freedom 85 70
Financial freedom 80 50

Economic freedom comparison by year

Finland
Slovenia
1x
Year Economic freedom index
Finland Slovenia
2026 76.6 69.7
2025 77 68.3
2024 76.3 65.9
2023 77.1 68.5
2022 78.3 70.5
2021 76.1 68.3
2020 75.7 67.8
2019 74.9 65.5
2018 74.1 64.8
2017 74 59.2
2016 72.6 60.6
2015 73.4 60.3
2014 73.4 62.7
2013 74 61.7
2012 72.3 62.9
2011 74 64.6
2010 73.8 64.7
2009 74.5 62.9
2008 74.6 60.2
2007 74 59.6
2006 72.9 61.9
2005 71 59.6
2004 73.4 59.2
2003 73.7 57.7
2002 73.6 57.8
2001 69.7 61.8
2000 64.3 58.3
1999 63.9 61.3
1998 63.5 60.7
1997 65.2 55.6
1996 63.7 50.4

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Finland is 76.6, ranking 15/197, compared to 69.7 for Slovenia, ranking 40/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Finland Slovenia
Services, % of GDP
62.2%
2024
57.9%
2024
Industry, % of GDP
22.8%
2024
29.1%
2024
Agriculture, forestry, and fishing, % of GDP
2.47%
2024
1.54%
2024
GNI, Atlas method
$290B
2024
$67.6B
2024
GNI per capita, PPP
$65,640
2024
$56,520
2024
Total reserves including gold
$18B
2024
$2.83B
2024
Total reserves ranking
65/177
2024
118/177
2024
Net foreign direct investment
$3.28B
2024
-$405M
2024
Net inflows of foreign direct investment
$8.74B
2024
$1.87B
2024
Net outflows of foreign direct investment
$12B
2024
$1.46B
2024
Poverty at national poverty lines
12.2%
2022
12.7%
2022
Gross capital formation, % of GDP
22.3%
2024
21.5%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

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

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1882–1989, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2021–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

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.

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.