The Personal Income Tax Rate in Finland stands at 56.95 percent. source: Finnish Tax Administration

Personal Income Tax Rate in Finland averaged 53.52 percent from 1995 until 2020, reaching an all time high of 62.20 percent in 1995 and a record low of 49 percent in 2012. This page provides - Finland Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Finland Personal Income Tax Rate - values, historical data and charts - was last updated on September of 2021.

Personal Income Tax Rate in Finland is expected to reach 51.60 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Finland Personal Income Tax Rate is projected to trend around 51.60 percent in 2021 and 56.95 percent in 2022, according to our econometric models.

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Finland Personal Income Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
56.95 56.95 62.20 49.00 1995 - 2021 percent Yearly

Finland Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 20.00 20.00 61.80 20.00 percent [+]
Personal Income Tax Rate 56.95 56.95 62.20 49.00 percent [+]
Sales Tax Rate 24.00 24.00 24.00 22.00 percent [+]
Social Security Rate 31.55 32.52 33.94 29.30 percent [+]
Social Security Rate For Companies 20.66 20.76 26.47 20.17 percent [+]
Social Security Rate For Employees 10.89 11.76 11.76 6.30 percent [+]


Finland Personal Income Tax Rate
In Finland, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Finland.