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Economy, jobs and prices in Varsinais-Suomi (Etelä-Suomi, Finland): official figures

GDP per person was 38,500 purchasing power standards (PPS) in 2024, 96% of the EU average (102% for Finland); 5th highest of 19 regions in Finland.

GDP per person (PPS)
38,500
2024
People in work
230,320
2024
Median disposable income per consumption unit (€ a year)
€30,198
2024
Median personal disposable income of adults (€ a year)
€26,124
2024
Entrepreneurs as a share of employed people (%)
10.9%
2024
Workplace self-sufficiency (jobs per employed resident, %)
96.6%
2023
Economic dependency ratio (non-employed per 100 employed)
131
2024
Change in the number of jobs over five years (%)
+2.2%
2023

How big is the economy of Varsinais-Suomi?

The local economy produced €22.8 billion of output (GDP) in 2024.

Source: Eurostat · saved copy

How many people work in Varsinais-Suomi?

About 230,320 people worked in Varsinais-Suomi in 2024 (employment by place of work).

Source: Eurostat · saved copy

What is the median income in Southwest Finland?

The median disposable cash income per consumption unit in Varsinais-Suomi (Southwest Finland) was €30,198 in 2024, below the national figure of €30,523; that ranks 4th highest among Finland's 19 regions, down 1% from €30,625 in 2019.

Source: Statistics Finland (Tilastokeskus) · saved copy

How much do people earn in Southwest Finland?

Adults in the Southwest Finland region had a median personal disposable income of €26,124 in 2024, below the national figure of €26,605.

Source: Statistics Finland (Tilastokeskus) · saved copy

How many entrepreneurs are there in Southwest Finland?

In 2024, 10.9% of working people in the Southwest Finland region were self-employed, 5th highest among Finland's 19 regions (Finland 10.1%).

Source: Statistics Finland (Tilastokeskus) · saved copy

Are there enough jobs in Southwest Finland?

The Southwest Finland region had a workplace self-sufficiency of 96.6% in 2023, meaning jobs located there equalled 96.6% of its employed residents; that is 3rd lowest among Finland's 19 regions.

Source: Statistics Finland (Tilastokeskus) · saved copy

What is the dependency ratio in Southwest Finland?

The Southwest Finland region had an economic dependency ratio of 131 in 2024: 131 people outside employment for every 100 in work, below the national figure of 133; that is 5th lowest among Finland's 19 regions, unchanged from 2019.

Source: Statistics Finland (Tilastokeskus) · saved copy

Are jobs growing in Southwest Finland?

Between 2018 and 2023, jobs in the Southwest Finland region changed by +2.2%, above the national figure of +1.8%; that ranks 4th highest among Finland's 19 regions.

Source: Statistics Finland (Tilastokeskus) · saved copy

How many tech jobs are there in Southwest Finland?

The information sector provided 5.5% of jobs in the Southwest Finland region in 2023, below the national figure of 7.5%; that is 5th highest among Finland's 19 regions.

Source: Statistics Finland (Tilastokeskus) · saved copy

What are the main industries in Southwest Finland?

Factories and other manufacturing employers provided 15.0% of jobs in the Southwest Finland region in 2023 (8th highest among Finland's 19 regions).

Source: Statistics Finland (Tilastokeskus) · saved copy

How many people work in tourism in Southwest Finland?

Hotels, restaurants and other accommodation and food services employed 3.6% of the workforce in Varsinais-Suomi (Southwest Finland) in 2023, level with the national figure of 3.6%.

Source: Statistics Finland (Tilastokeskus) · saved copy

What is the unemployment rate in Southwest Finland?

At the end of 2024, 11.1% of the labour force of the Southwest Finland region was unemployed according to Statistics Finland's employment register, up from 9.4% in 2019.

Source: Statistics Finland (Tilastokeskus) · saved copy

How many people commute in Southwest Finland?

In 2023, 42.0% of working people living in Southwest Finland commuted to a job in another municipality.

Source: Statistics Finland (Tilastokeskus) · saved copy

What is the main industry in Varsinais-Suomi?

The largest part of the economy of Varsinais-Suomi in 2024 was finance, property and business services, at 25.4% of gross value added, followed by industry (manufacturing, mining and energy) (24.4%).

Source: Eurostat · saved copy

How industrial is Varsinais-Suomi?

Industry (manufacturing, mining and energy) made up 24.4% of output in 2024, against 20.4% for Finland.

Source: Eurostat · saved copy

How fast is the economy of Varsinais-Suomi growing?

Gross value added rose from €14.1 billion in 2015 to €20.0 billion in 2024 in current prices, an increase of 42% before inflation.

Source: Eurostat · saved copy

What jobs do people do in Varsinais-Suomi?

Of the 230,320 jobs located in Varsinais-Suomi in 2024, 36% in public services, education, health and other services, 16% in industry and 3.3% in farming, forestry and fishing.

Source: Eurostat · saved copy

Are jobs growing in Varsinais-Suomi?

The number of people working in Varsinais-Suomi rose by 9.5% between 2015 and 2024, to 230,320.

Source: Eurostat · saved copy

How Varsinais-Suomi compares with other regions in Finland

Median disposable income per consumption unit (€ a year) (2024)

Varsinais-Suomi ranks 4 of 19, highest first.

RankAreaMedian disposable income per consumption unit (€ a year)
1Åland€34,362
2Helsinki-Uusimaa€33,487
3Kanta-Häme€30,299
4Varsinais-Suomi€30,198
5Pohjanmaa€30,141
6Pirkanmaa€30,117
7Lappi€29,934
Source: Statistics Finland (Tilastokeskus) · saved copy

Median personal disposable income of adults (€ a year) (2024)

Varsinais-Suomi ranks 5 of 19, highest first.

RankAreaMedian personal disposable income of adults (€ a year)
2Helsinki-Uusimaa€29,431
3Kanta-Häme€26,326
4Pohjanmaa€26,135
5Varsinais-Suomi€26,124
6Pirkanmaa€26,049
7Pohjois-Pohjanmaa€25,848
8Lappi€25,844
Source: Statistics Finland (Tilastokeskus) · saved copy

Entrepreneurs as a share of employed people (%) (2024)

Varsinais-Suomi ranks 5 of 19, highest first.

RankAreaEntrepreneurs as a share of employed people (%)
2Etelä-Savo12.3%
3Keski-Pohjanmaa11.4%
4Päijät-Häme11.1%
5Varsinais-Suomi10.9%
6Åland10.7%
7Pohjois-Karjala10.5%
8Kanta-Häme10.4%
Source: Statistics Finland (Tilastokeskus) · saved copy

Workplace self-sufficiency (jobs per employed resident, %) (2023)

Varsinais-Suomi ranks 17 of 19, highest first.

RankAreaWorkplace self-sufficiency (jobs per employed resident, %)
13Keski-Suomi97.5%
14Etelä-Karjala97.2%
15Kymenlaakso97.1%
16Pirkanmaa96.7%
17Varsinais-Suomi96.6%
18Päijät-Häme94.3%
19Kanta-Häme90.5%
Source: Statistics Finland (Tilastokeskus) · saved copy

Economic dependency ratio (non-employed per 100 employed) (2024)

Varsinais-Suomi ranks 15 of 19, highest first.

RankAreaEconomic dependency ratio (non-employed per 100 employed)
12Etelä-Pohjanmaa141
13Kanta-Häme141
14Lappi137
15Varsinais-Suomi131
16Pirkanmaa128
17Pohjanmaa124
18Helsinki-Uusimaa114
Source: Statistics Finland (Tilastokeskus) · saved copy

Change in the number of jobs over five years (%) (2023)

Varsinais-Suomi ranks 4 of 19, highest first.

RankAreaChange in the number of jobs over five years (%)
1Pirkanmaa+5.0%
2Helsinki-Uusimaa+4.8%
3Lappi+2.8%
4Varsinais-Suomi+2.2%
5Pohjanmaa+2.1%
6Pohjois-Pohjanmaa+2.1%
7Pohjois-Savo-0.3%
Source: Statistics Finland (Tilastokeskus) · saved copy

Share of jobs in the information sector (%) (2023)

Varsinais-Suomi ranks 5 of 19, highest first.

RankAreaShare of jobs in the information sector (%)
2Pirkanmaa8.4%
3Pohjois-Pohjanmaa8.2%
4Keski-Suomi6.0%
5Varsinais-Suomi5.5%
6Åland5.2%
7Pohjois-Savo4.9%
8Pohjois-Karjala4.4%
Source: Statistics Finland (Tilastokeskus) · saved copy

Share of jobs in manufacturing (%) (2023)

Varsinais-Suomi ranks 8 of 19, highest first.

RankAreaShare of jobs in manufacturing (%)
5Keski-Pohjanmaa16.0%
6Etelä-Karjala15.9%
7Kanta-Häme15.5%
8Varsinais-Suomi15.0%
9Pirkanmaa14.5%
10Pohjois-Karjala14.5%
11Etelä-Savo13.9%
Source: Statistics Finland (Tilastokeskus) · saved copy

Share of output from industry (manufacturing, mining and energy) (2024)

Varsinais-Suomi ranks 5 of 19, highest first.

RankAreaShare of output from industry (manufacturing, mining and energy)
2Satakunta32.0%
3Lappi25.8%
4Keski-Pohjanmaa25.7%
5Varsinais-Suomi24.4%
6Pohjois-Pohjanmaa23.6%
7Etelä-Karjala23.4%
8Päijät-Häme23.3%
Source: Eurostat · saved copy

Share of output from finance, property and business services (2024)

Varsinais-Suomi ranks 5 of 19, highest first.

RankAreaShare of output from finance, property and business services
2Kanta-Häme26.4%
3Pohjois-Savo26.2%
4Pirkanmaa25.9%
5Varsinais-Suomi25.4%
6Åland25.2%
7Päijät-Häme25.0%
8Etelä-Savo24.0%
Source: Eurostat · saved copy

Share of output from public administration, education, health and other services (2024)

Varsinais-Suomi ranks 14 of 19, highest first.

RankAreaShare of output from public administration, education, health and other services
11Kymenlaakso25.2%
12Keski-Pohjanmaa24.9%
13Päijät-Häme24.2%
14Varsinais-Suomi24.2%
15Pirkanmaa23.8%
16Helsinki-Uusimaa23.6%
17Åland23.6%
Source: Eurostat · saved copy

More on Varsinais-Suomi: overview · health · education and schools · poverty and living standards · government budget · government and politics · Etelä-Suomi · Finland

Sources

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