Finland Key Facts (2026)
Verified figures on taxes, pensions, healthcare, benefits and work in Finland — each with its official source, for quick and accurate citation.
Last reviewed:
(Reviewed against official Finnish sources: July 19, 2026)| Fact | Value | Year | Source |
|---|---|---|---|
| Standard VAT rate (ALV) | 25.5% | Since Sept 2024 | Vero (Finnish Tax Administration) |
| Reduced VAT rates | 13.5% (food, restaurants, books, medicine, passenger transport, accommodation) / 10% (newspapers and magazines) | 2026 | Vero (Finnish Tax Administration) |
| Municipal (local) income tax | ≈ 4.7%–10.9% (average ≈ 7.6%) | 2026 | Vero (Finnish Tax Administration) |
| TyEL employee pension contribution | 7.30% | 2026 | Finnish Centre for Pensions (tyoelake.fi) |
| TyEL total pension contribution | ≈ 24.85% | 2026 | Finnish Centre for Pensions (tyoelake.fi) |
| YEL (self-employed) pension contribution | 24.40% | 2026 | Finnish Centre for Pensions (tyoelake.fi) |
| YEL minimum insured income | €9,423 / year | 2026 | Finnish Centre for Pensions (tyoelake.fi) |
| YEL maximum insured income | ≈ €214,000 / year | 2026 | Finnish Centre for Pensions (tyoelake.fi) |
| Annual medicine cost ceiling (prescriptions) | €636.12 | 2026 | Kela (Social Insurance Institution) |
| Prescription cost after the ceiling | €2.50 per medicine | 2026 | Kela (Social Insurance Institution) |
| Annual healthcare client-fee ceiling | €815 | 2026 | THL (Institute for Health and Welfare) |
| Public health services after the €815 ceiling | Free for the rest of the calendar year | 2026 | THL (Institute for Health and Welfare) |
| Maximum monthly daycare fee (first child) | €335 / month | From Aug 2026 | Ministry of Education and Culture (OKM) |
| Daycare fee, second child | 40% of the youngest child's fee (≈ €134) | 2026 | Ministry of Education and Culture (OKM) |
| General social security benefit (yleistuki, from 1 May 2026) | €37.21 / day | 2026 (May reform) | Kela (Social Insurance Institution) |
| Minimum parental allowance | €31.99 / day | 2026 | Kela (Social Insurance Institution) |
| Median full-time monthly salary | €3,615 / month | 2024 | Statistics Finland |
| EU/EEA citizens' right to work | No work permit required | 2026 | herizon.io |
| General emergency number | 112 (police, ambulance, fire, rescue) | — | herizon.io |
| Domestic-violence shelter (turvakoti) system | Free of charge, no referral needed | — | herizon.io |
Sources: Finnish Tax Administration (Vero), Finnish Centre for Pensions, Kela, THL, Ministry of Education and Culture (OKM) and Statistics Finland.