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The land of a thousand lakes, aka Finland, consistently scores high in various indices, including education, healthcare, work-life balance, environmental quality, safety, and life satisfaction. From its exceptional education system to its world-class healthcare and pristine natural beauty, Finland has long been celebrated as a country that knows how to create an enviable quality of life. But what about the average salary in this Nordic paradise? In this article, we’ll explore the world of Finnish wages and discover just how this country rewards its residents for their hard work and dedication.
What is the average salary in Finland?
According to Statistics Finland, the average salary is 47,688 EUR per year or 3,974 EUR per month. These figures are based on full-time earners and include performance-based bonuses and agreement-based non-recurring items.
Further analysing the average salary in Finland
The above figure is the National average, so to provide a more comprehensive understanding, I’ve included the monthly averages per working sector in the table below.
Source: Statistics Finland
The average salary in Finland by industry
Now that we know the national average as well as what people typically earn within each sector let’s break it down further and explore the average salary in Finland by industry.
Statistics Finland
Further analysing the average salary in Finland by industry
In order to gain an even deeper understanding of the average salary in Finland, it is crucial to delve into the various industries that contribute to this figure. When we study this information in more detail, we can give you a complete picture of how much people in each industry generally get paid.
Statistics Finland
The average salary in Finland by specific job role
Finland has a variety of industries that are looking for workers, and some jobs are in particularly high demand. If you're thinking about working in Finland, here are some of the most sought-after jobs and their corresponding average monthly salaries:
Source: Economic Research Institue (ERI)
1. Healthcare
Finnish healthcare is renowned for its universality, high quality, and affordability, making it a major draw for many considering a move to the country. However, an ageing population coupled with a declining number of specialists creates a constant need for qualified professionals.
- Nurses and Nurse Specialists - 4,460 euro
- Doctors - 10,800 euro
- Speech Therapists and Audiologists - 5,145 euro
2. Engineering and Technology
The Engineering and Technology industry in Finland is a thriving and dynamic sector, playing a crucial role in the country's economy and innovation.This growth is creating a lot of opportunities in the following fields.
- Software Developers - 3,564 euro
- Civil and Mechanical Engineers - 6,011 euro
- Electrical and Automation Engineers - 6,969 euro
3. Education
Finland's education system focuses on equity, well-being, and student-centered learning and has earned it international recognition so much so that it has inspired educational reform around the world. Here are the most sought out professionals in this field:
- Early Childhood Educators - 2,428 euro
- Special Needs Teachers - 4,111 euro
- Vocational Teachers - 3,865 euro
4. Other in-demand roles
- Welders and Flame Cutters - 3,941 euro
- Social Work and Counselling Professionals - 3,956 euro
- Cleaning and Hygiene Workers - 2,496 euro
- IT Security Specialists - 7,802 euro
Average salaries in other European countries
As you can see from the above data, Finland offers a great average salary for its residents. In fact, the country consistently ranks among the top in terms of income levels globally. The Finnish people enjoy not only financial stability but also a wide range of benefits, such as comprehensive healthcare and education systems. However, how does it stack against other European countries? Let’s take a look:
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