Average monthly pension in Finland in 2024: €2,100
In 2024, the average monthly pension of Finns was 2,100 euros (1,977 in 2023). The median pension was 1,848 euros per month.
In 2024, the average monthly pension of men was 2,349 euros. For women, it was 1,893 euros.
In 2024, a monthly total pension of more than 3,000 euros was paid to 15 per cent of the pension recipients. One in five men and one in ten women received such a large pension.
“There are still a lot of small pensions. About one in three pensioners received less than 1,500 euros per month last year”, says Statistics Planner Joonas Hautamäki from the Finnish Centre for Pensions.
Earnings-related pensions and pensions paid by Kela totalled 39.1 billion euros in 2024
In 2024, earnings-related pensions and pension paid by Kela amounted to 39.1 billion euros. Earnings-related pension providers paid out 36.4 billion euros in earnings-related pensions. Kela paid national and guarantee pensions to the amount of 2.7 billion euros.
What does the average pension depict?
The average pension depicts the average total pension of recipients residing in Finland. The pension benefits included are the earnings-related pension, the national pension, special pensions comparable to them and the guarantee pension that the recipient receives.
The data exclude persons who get a partial old-age pension or only a survivors’ pension.
The pension income is in gross amounts.
The data are based on joint statistics of the Finnish Centre for Pensions and Kela.
This news is an abbreviation of the bulletin published by the Finnish Centre for Pensions on 27 March 2025: Average monthly pension in Finland in 2024: €2,100