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Accrual of taxes and compulsory social security contributions grew by 0.8 per cent in 2023

Release related to topics:National economy
release | Taxes and tax-like payments 2023

According to Statistics Finland’s revised data, the accrual of taxes and compulsory social security contributions grew by 0.8 per cent in 2023 and totalled EUR 116.5 billion. The tax ratio was 42.6 per cent in 2023. Compared to 2022, the tax ratio decreased by 0.8 percentage points. The tax ratio describes the ratio of taxes and compulsory social security contributions to gross domestic product.

Key selections

  • The accrual of all income and capital taxes decreased by 0.2 per cent and totalled EUR 42.6 billion. 
  • The accrual of compulsory social security contributions increased by 5.6 per cent and totalled EUR 33.8 billion. 
  • The accrual of taxes paid on goods and services went down by 1.8 per cent and was EUR 36.1 billion. 
  • Compared to the March preliminary round, the accrual of all taxes paid in 2023 grew by EUR 111 million and the tax ratio increased by 0.7 percentage points.
  • The tax ratio for several earlier years will be
    updatedas a result of the benchmark revision of national accounts.

Data revisions

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Revisions

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Updated database tables
127f
Classifications used:
  • Sector
  • Tax category
Reference period cycle:
year
Updating frequency:
two times a year
Statistics:
Updated:
127j
Classifications used:
  • Sector
Reference period cycle:
year
Updating frequency:
two times a year
Statistics:
Updated:

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Referencing instructions

Taxes and tax-like payments [online publication].
Reference period: 2023. ISSN=2341-6998. Helsinki: Statistics Finland [Referenced: 26.12.2024].
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