Economy, jobs and prices in Espoo, Finland: official figures
Half of the residents of the city of Espoo lived in households with a disposable income of less than €36,236 per consumption unit in 2024 (the highest among the nine largest cities; Finland €30,523), down 4% from €37,724 in 2019.
How much do people earn in Espoo?
The typical adult resident of Espoo took home €31,349 after tax in 2024 (the highest among the nine largest cities).
Source: Statistics Finland (Tilastokeskus) · saved copyHow many entrepreneurs are there in Espoo?
Entrepreneurs made up 8.7% of employed residents of Espoo in 2024, below the national figure of 10.1%; that is 2nd highest among the nine largest cities.
Source: Statistics Finland (Tilastokeskus) · saved copyAre there enough jobs in Espoo?
Jobs in Espoo amounted to 92.3% of the employed labour force living there in 2023, the lowest among the nine largest cities.
Source: Statistics Finland (Tilastokeskus) · saved copyWhat is the dependency ratio in Espoo?
For every 100 employed residents, Espoo had 112 residents who were not in work in 2024 (2nd lowest among the nine largest cities; Finland 133), up from 109 in 2019.
Source: Statistics Finland (Tilastokeskus) · saved copyAre jobs growing in Espoo?
The number of jobs located in Espoo changed by +11.5% in the five years to 2023, the highest among the nine largest cities (Finland +1.8%).
Source: Statistics Finland (Tilastokeskus) · saved copyHow many tech jobs are there in Espoo?
In 2023, 18.6% of the jobs in Espoo were in information and communication, the highest among the nine largest cities.
Source: Statistics Finland (Tilastokeskus) · saved copyWhat are the main industries in Espoo?
Manufacturing accounted for 9.9% of jobs in Espoo in 2023, below the national figure of 12.4%; that is 4th lowest among the nine largest cities.
Source: Statistics Finland (Tilastokeskus) · saved copyHow many people work in tourism in Espoo?
Hotels, restaurants and other accommodation and food services employed 3.0% of the workforce in the city of Espoo in 2023, below the national figure of 3.6%.
Source: Statistics Finland (Tilastokeskus) · saved copyWhat is the unemployment rate in Espoo?
Register-based employment statistics counted 10.2% of the labour force in Espoo as unemployed at the end of 2024, below the national figure of 11.7%, up from 7.4% in 2019.
Source: Statistics Finland (Tilastokeskus) · saved copyHow many people commute in Espoo?
52.2% of employed residents of Espoo worked outside their home municipality in 2023, against 35.8% nationally.
Source: Statistics Finland (Tilastokeskus) · saved copyWhat is the unemployment rate in Espoo?
The unemployment rate in Espoo was 10.2% in 2024 (9.7% for women, 10.7% for men).
Source: Eurostat · saved copyWhat are the main jobs in Espoo?
135,800 jobs were based in Espoo in 2024; the biggest employers were public administration, education and health (25% of jobs) and trade, transport, hotels and restaurants (20%).
Source: Eurostat · saved copyHow many people commute to Espoo?
56,831 people commuted into Espoo for work in 2018 and 67,308 commuted out.
Source: Eurostat · saved copyHow many tourists visit Espoo?
Tourist accommodation in Espoo recorded 251,035 nights in 2020, 27% by visitors from abroad.
Source: Eurostat · saved copyHow do people get to work in Espoo?
In 2018, 26% of journeys to work in Espoo were by public transport, 58% by car, 10% by bicycle and 6% on foot.
Source: Eurostat · saved copyHow many cars are there in Espoo?
There were 346 registered cars per 1,000 residents in 2025.
Source: Eurostat · saved copyHow Espoo compares with other cities in Finland
Median disposable income per consumption unit (€ a year) (2024)
Espoo ranks 1 of 9, highest first.
| Rank | City | Median disposable income per consumption unit (€ a year) |
|---|---|---|
| 1 | Espoo | €36,236 |
| 2 | Helsinki | €33,525 |
| 3 | Vantaa | €31,322 |
| 4 | Oulu | €29,772 |
| 5 | Kuopio | €29,532 |
| 6 | Tampere | €29,082 |
| 7 | Jyvaskyla | €28,603 |
Median personal disposable income of adults (€ a year) (2024)
Espoo ranks 1 of 9, highest first.
| Rank | City | Median personal disposable income of adults (€ a year) |
|---|---|---|
| 1 | Espoo | €31,349 |
| 2 | Helsinki | €29,602 |
| 3 | Vantaa | €28,085 |
| 4 | Oulu | €26,165 |
| 5 | Kuopio | €25,571 |
| 6 | Tampere | €25,295 |
| 7 | Jyvaskyla | €24,910 |
Entrepreneurs as a share of employed people (%) (2024)
Espoo ranks 2 of 9, highest first.
| Rank | City | Entrepreneurs as a share of employed people (%) |
|---|---|---|
| 1 | Helsinki | 9.3% |
| 2 | Espoo | 8.7% |
| 3 | Vantaa | 8.7% |
| 4 | Lahti | 8.7% |
| 5 | Kuopio | 8.5% |
| 6 | Turku | 8.1% |
| 7 | Jyvaskyla | 8.1% |
Workplace self-sufficiency (jobs per employed resident, %) (2023)
Espoo ranks 9 of 9, highest first.
| Rank | City | Workplace self-sufficiency (jobs per employed resident, %) |
|---|---|---|
| 3 | Tampere | 118.6% |
| 4 | Vantaa | 108.3% |
| 5 | Jyvaskyla | 106.1% |
| 6 | Lahti | 106.0% |
| 7 | Oulu | 104.7% |
| 8 | Kuopio | 103.0% |
| 9 | Espoo | 92.3% |
Economic dependency ratio (non-employed per 100 employed) (2024)
Espoo ranks 8 of 9, highest first.
| Rank | City | Economic dependency ratio (non-employed per 100 employed) |
|---|---|---|
| 3 | Kuopio | 132 |
| 4 | Oulu | 128 |
| 5 | Turku | 127 |
| 6 | Tampere | 121 |
| 7 | Vantaa | 115 |
| 8 | Espoo | 112 |
| 9 | Helsinki | 110 |
Change in the number of jobs over five years (%) (2023)
Espoo ranks 1 of 9, highest first.
| Rank | City | Change in the number of jobs over five years (%) |
|---|---|---|
| 1 | Espoo | +11.5% |
| 2 | Tampere | +8.1% |
| 3 | Oulu | +7.3% |
| 4 | Turku | +5.8% |
| 5 | Helsinki | +5.3% |
| 6 | Vantaa | +5.2% |
| 7 | Kuopio | +4.6% |
Share of jobs in the information sector (%) (2023)
Espoo ranks 1 of 9, highest first.
| Rank | City | Share of jobs in the information sector (%) |
|---|---|---|
| 1 | Espoo | 18.6% |
| 2 | Helsinki | 15.2% |
| 3 | Tampere | 12.7% |
| 4 | Oulu | 12.2% |
| 5 | Jyvaskyla | 8.7% |
| 6 | Turku | 7.7% |
| 7 | Kuopio | 7.3% |
Share of jobs in manufacturing (%) (2023)
Espoo ranks 6 of 9, highest first.
| Rank | City | Share of jobs in manufacturing (%) |
|---|---|---|
| 3 | Vantaa | 10.9% |
| 4 | Oulu | 10.6% |
| 5 | Turku | 10.3% |
| 6 | Espoo | 9.9% |
| 7 | Jyvaskyla | 8.6% |
| 8 | Kuopio | 5.8% |
| 9 | Helsinki | 4.4% |
Unemployment rate (2024)
Espoo ranks 8 of 8, highest first.
| Rank | City | Unemployment rate |
|---|---|---|
| 2 | Jyvaskyla | 15.1% |
| 3 | Turku | 13.9% |
| 4 | Oulu | 13.5% |
| 5 | Vantaa | 13.1% |
| 6 | Tampere | 13.1% |
| 7 | Kuopio | 12.2% |
| 8 | Espoo | 10.2% |
Journeys to work by public transport (2018)
Espoo ranks 2 of 5, highest first.
| Rank | City | Journeys to work by public transport |
|---|---|---|
| 1 | Helsinki | 52.0% |
| 2 | Espoo | 26.0% |
| 3 | Vantaa | 22.0% |
| 4 | Tampere | 20.0% |
| 5 | Lahti | 5.0% |
Cars per 1,000 residents (2025)
Espoo ranks 7 of 8, highest first.
| Rank | City | Cars per 1,000 residents |
|---|---|---|
| 2 | Lahti | 417 |
| 3 | Oulu | 409 |
| 4 | Jyvaskyla | 404 |
| 5 | Turku | 360 |
| 6 | Vantaa | 351 |
| 7 | Espoo | 346 |
| 8 | Tampere | 343 |
Tourist nights (2020)
Espoo ranks 8 of 9, highest first.
| Rank | City | Tourist nights |
|---|---|---|
| 3 | Turku | 539,352 |
| 4 | Oulu | 478,789 |
| 5 | Vantaa | 475,598 |
| 6 | Kuopio | 408,692 |
| 7 | Jyvaskyla | 320,906 |
| 8 | Espoo | 251,035 |
| 9 | Lahti | 151,074 |
More on Espoo: overview · health · education and schools · poverty and living standards · government budget · government and politics · all cities in Finland
Sources
- Statistics Finland (Tilastokeskus): Regional time series 1987-2025 (table 142h, Municipal key figures database): population, housing, education, employment and jobs by NUTS region, region and municipality (PxWeb API POST query, json-stat2, years 2015-2025), read 24 October 2026 · saved copy (SHA-256 18a97e220312…)
- Eurostat: Eurostat dataset urb_ctour: Urban Audit: culture and tourism (cities), read 23 October 2026 · saved copy (SHA-256 235d13e6125c…)
- Eurostat: Eurostat dataset urb_clma: Urban Audit: labour market (cities), read 23 October 2026 · saved copy (SHA-256 be050965f9c6…)
- Statistics Finland (Tilastokeskus): Income level, income inequality, population at risk of poverty or dependent on basic social security by region (table 14ww, Income distribution statistics), 2015-2024 (PxWeb API POST query, json-stat2), read 24 October 2026 · saved copy (SHA-256 4dd1f64e4da5…)
- Eurostat: Eurostat dataset urb_ctran: Urban Audit: transport (cities), read 23 October 2026 · saved copy (SHA-256 c4e74aa07496…)
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