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30.4.2026 | Economic recovery in Finland will be further delayed as a result of the crisis in the Middle East. The general government deficit will widen and remain large according to the Economic Forecast published by the Ministry of Finance on 30 April.https://vm.fi/en/-/rising-energy-prices-slow-economic-growth
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Taxation of earned income Finnish taxation is based on a schedular system, in which earned income and capital income are taxed separately. Earned income includes, among other things, wages the proportion of entrepreneurial income defined as earned...https://vm.fi/en/taxation-of-earned-income
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Government financial policy The Ministry of Finance prepares general principles for central government borrowing, cash management and related risk management. It is also responsible for the preparation of government guarantees and guarantees to be...https://vm.fi/en/government-financial-policy
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Tax subsidies are exceptions made to the normal basic structure of taxation, the so-called standard tax system, by which a certain business or a group of taxpayers is subsidised.https://vm.fi/en/tax-expenditures
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Real estate taxation Real estate tax is an annually paid tax based on the ownership of a property. Introduced in 1993, the real estate tax replaced the land tax, the street charge, the tax on income from housing, and presumptive income taxation. M...https://vm.fi/en/real-estate-taxation
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Value Added Tax Value Added Tax (VAT) is a general consumption tax on the consumption of goods and services. VAT is an indirect tax which is to be paid by the end-consumers. Collected by businesses liable to tax, VAT is included in sales prices, a...https://vm.fi/en/value-added-tax
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Tax on Insurance Premiums The Tax levied in Finland on insurance premiums is related to certain insurance services. Tax on insurance premiums is levied on the insurance premium determined in the insurance agreement, if the object of insurance is a...https://vm.fi/en/tax-on-insurance-premiums
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The Government has appointed a parliamentary working group to prepare for the future of municipalities.https://vm.fi/en/project?tunnus=VM001:00/2026
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Excise duty Excise duty is an indirect tax on the consumption or use of a product. Excise duty is mainly levied for the purpose of supporting central government finances through tax revenues, but a number of excise duties also have other goals, su...https://vm.fi/en/excise-duty
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EU fiscal rules EU fiscal rules set a framework for the management of public finances in the Member States. The rules are part of economic governance. Key treaties include the Treaty on the Functioning of the European Union and the Stability and G...https://vm.fi/en/fiscal-rules
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The Programme will raise the employment rate and skill levels, enabling sustainable growth to gather pace. Funding will be directed at e.g. employment services, study opportunities, research, development and innovation activities, and sectors particularly affected by the COVID-19 pandemic.https://vm.fi/en/employment-and-skills
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10.12.2024 | The Ministry of Finance has set the base rate to 2.75 percent as of 1 January 2025 until the end of June 2025. The base rate has been at 3.75 percent since 1 July 2024.https://vm.fi/en/-/base-rate-is-set-to-2.75-percent
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22.4.2026 | Prime Minister Petteri Orpo’s Government has agreed on the General Government Fiscal Plan for 2027–2030. Both the global economy and Finland’s finances are facing challenges. In its spending limits session, the Government focused on new targeted measures to strengthen people’s confidence in the future and improve the conditions for growth and employment.https://vm.fi/en/-/194055633/orpo-government-uncertain-times-call-for-measures-to-build-confidence-and-boost-growth-1
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fi sv en Fiscal policy Fiscal policy is part of the Government’s economic policy. Fiscal policy objectives, namely how the public economy collects and allocates funds, are agreed in the Government Programme. Decisions on taxation, social security ...https://vm.fi/en/fiscal-policy
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4.6.2024 | The Ministry of Finance has set the base rate to 3.75 percent as of 1 July 2024 until the end of December 2024. The base rate has been at 4.25 percent since 1 January 2024.https://vm.fi/en/-/base-rate-is-set-to-3.75-percent-1
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11.12.2023 | The Ministry of Finance has set the base rate to 4.25 percent as of 1 January 2024 until the end of June 2024. The base rate has been at 3.75 percent since 1 July 2023.https://vm.fi/en/-/base-rate-is-set-to-4.25-percent
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19.1.2026 | The International Monetary Fund (IMF) published its annual report on the Finnish economy on Monday 19 January. According to the IMF, efforts to strengthen public finances will have to continue for several years.https://vm.fi/en/-/imf-recommends-continued-fiscal-adjustments
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14.6.2023 | Valtiovarainministeriö on vahvistanut peruskoroksi 3,75 prosenttia tämän vuoden heinä-joulukuulle. Peruskorko on tammikuusta alkaen ollut 2,50 prosenttia.https://vm.fi/en/-/base-rate-is-set-to-3.75-percent
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22.9.2025 | The Finnish economy is slowly recovering from recession, with weak employment and economic uncertainty keeping households cautious. The general government debt ratio will stabilise briefly, but not permanently, at the end of the parliamentary term, estimates the Ministry of Finance in its forecast published on 22 September.https://vm.fi/en/-/economy-recovering-slowly-debt-ratio-set-to-stabilise-briefly
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2.9.2025 | The Government of Prime Minister Petteri Orpo has reached a decision on its budget proposal for 2026. The Government’s decisions aim to support economic growth, which is picking up. Supporting economic growth and continuing responsible fiscal management is necessary to ensure the security of people in Finland and safeguard their access to important services going forward.https://vm.fi/en/-/194055633/orpo-government-government-s-decisions-support-emerging-economic-growth