FI · 2023 · tespn070
Aggregate replacement ratio for pensions (excluding other social benefits) by sex
Finland, 2023
In 2023, Finland's aggregate replacement ratio for pensions (excluding other social benefits) by sex decreased by 1.9% compared to 2022, reaching 1.04.
Finland accounts for 88.1% of the EU-27 total of 1.18.
Finland ranks 14th out of 26 EU member states with reported data — in the bottom half of the distribution.
Over the past five years, the indicator has fallen by 3.7% (from 1.08 in 2018).
Source: Eurostat dataset tespn070, accessed via the eupublicdata pipeline.