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Economy, jobs and prices in Pohjois-Savo (Pohjois- ja Itä-Suomi, Finland): official figures

GDP per person was 35,400 purchasing power standards (PPS) in 2024, 89% of the EU average (102% for Finland); 11th highest of 19 regions in Finland.

GDP per person (PPS)
35,400
2024
People in work
110,790
2024
Median disposable income per consumption unit (€ a year)
€29,110
2024
Median personal disposable income of adults (€ a year)
€25,016
2024
Entrepreneurs as a share of employed people (%)
10.4%
2024
Workplace self-sufficiency (jobs per employed resident, %)
98.3%
2023
Economic dependency ratio (non-employed per 100 employed)
148
2024
Change in the number of jobs over five years (%)
-0.3%
2023

How big is the economy of Pohjois-Savo?

The local economy produced €10.6 billion of output (GDP) in 2024.

Source: Eurostat · saved copy

How many people work in Pohjois-Savo?

About 110,790 people worked in Pohjois-Savo in 2024 (employment by place of work).

Source: Eurostat · saved copy

What is the median income in North Savo?

Half of the residents of North Savo lived in households with a disposable income of less than €29,110 per consumption unit in 2024 (8th lowest among Finland's 19 regions; Finland €30,523), about the same as in 2019.

Source: Statistics Finland (Tilastokeskus) · saved copy

How much do people earn in North Savo?

Adults in Pohjois-Savo (North Savo) had a median personal disposable income of €25,016 in 2024, below the national figure of €26,605.

Source: Statistics Finland (Tilastokeskus) · saved copy

How many entrepreneurs are there in North Savo?

In 2024, 10.4% of working people in Pohjois-Savo (North Savo) were self-employed, 10th highest among Finland's 19 regions (Finland 10.1%).

Source: Statistics Finland (Tilastokeskus) · saved copy

Are there enough jobs in North Savo?

Pohjois-Savo (North Savo) had a workplace self-sufficiency of 98.3% in 2023, meaning jobs located there equalled 98.3% of its employed residents; that is 9th lowest among Finland's 19 regions.

Source: Statistics Finland (Tilastokeskus) · saved copy

What is the dependency ratio in North Savo?

Pohjois-Savo (North Savo) had an economic dependency ratio of 148 in 2024: 148 people outside employment for every 100 in work, above the national figure of 133; that is 8th highest among Finland's 19 regions, unchanged from 2019.

Source: Statistics Finland (Tilastokeskus) · saved copy

Are jobs growing in North Savo?

Between 2018 and 2023, jobs in Pohjois-Savo (North Savo) changed by -0.3%, below the national figure of +1.8%; that ranks 7th highest among Finland's 19 regions.

Source: Statistics Finland (Tilastokeskus) · saved copy

How many tech jobs are there in North Savo?

The information sector provided 4.9% of jobs in Pohjois-Savo (North Savo) in 2023, below the national figure of 7.5%; that is 7th highest among Finland's 19 regions.

Source: Statistics Finland (Tilastokeskus) · saved copy

What are the main industries in North Savo?

Factories and other manufacturing employers provided 12.0% of jobs in Pohjois-Savo (North Savo) in 2023 (5th lowest among Finland's 19 regions).

Source: Statistics Finland (Tilastokeskus) · saved copy

How many people work in tourism in North Savo?

Hotels, restaurants and other accommodation and food services employed 3.2% of the workforce in North Savo in 2023, below the national figure of 3.6%.

Source: Statistics Finland (Tilastokeskus) · saved copy

What is the unemployment rate in North Savo?

At the end of 2024, 12.5% of the labour force of Pohjois-Savo (North Savo) was unemployed according to Statistics Finland's employment register, up from 10.9% in 2019.

Source: Statistics Finland (Tilastokeskus) · saved copy

How many people commute in North Savo?

In 2023, 26.4% of working people living in the North Savo region commuted to a job in another municipality.

Source: Statistics Finland (Tilastokeskus) · saved copy

What is the main industry in Pohjois-Savo?

The largest part of the economy of Pohjois-Savo in 2024 was public administration, education, health and other services, at 27.8% of gross value added, followed by finance, property and business services (26.2%).

Source: Eurostat · saved copy

How industrial is Pohjois-Savo?

Industry (manufacturing, mining and energy) made up 18.4% of output in 2024, against 20.4% for Finland.

Source: Eurostat · saved copy

How fast is the economy of Pohjois-Savo growing?

Gross value added rose from €6.9 billion in 2015 to €9.2 billion in 2024 in current prices, an increase of 35% before inflation.

Source: Eurostat · saved copy

What jobs do people do in Pohjois-Savo?

Of the 110,790 jobs located in Pohjois-Savo in 2024, 39% in public services, education, health and other services, 14% in industry and 6.2% in farming, forestry and fishing.

Source: Eurostat · saved copy

Are jobs growing in Pohjois-Savo?

The number of people working in Pohjois-Savo rose by 6.9% between 2015 and 2024, to 110,790.

Source: Eurostat · saved copy

How Pohjois-Savo compares with other regions in Finland

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

Pohjois-Savo ranks 12 of 19, highest first.

RankAreaMedian disposable income per consumption unit (€ a year)
9Kymenlaakso€29,360
10Keski-Pohjanmaa€29,202
11Pohjois-Pohjanmaa€29,141
12Pohjois-Savo€29,110
13Etelä-Pohjanmaa€29,061
14Päijät-Häme€28,892
15Etelä-Karjala€28,853
Source: Statistics Finland (Tilastokeskus) · saved copy

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

Pohjois-Savo ranks 13 of 19, highest first.

RankAreaMedian personal disposable income of adults (€ a year)
10Satakunta€25,351
11Kymenlaakso€25,274
12Etelä-Pohjanmaa€25,252
13Pohjois-Savo€25,016
14Päijät-Häme€24,953
15Keski-Suomi€24,818
16Etelä-Karjala€24,704
Source: Statistics Finland (Tilastokeskus) · saved copy

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

Pohjois-Savo ranks 10 of 19, highest first.

RankAreaEntrepreneurs as a share of employed people (%)
7Pohjois-Karjala10.5%
8Kanta-Häme10.4%
9Lappi10.4%
10Pohjois-Savo10.4%
11Satakunta10.4%
12Keski-Suomi10.2%
13Pirkanmaa9.9%
Source: Statistics Finland (Tilastokeskus) · saved copy

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

Pohjois-Savo ranks 11 of 19, highest first.

RankAreaWorkplace self-sufficiency (jobs per employed resident, %)
8Etelä-Savo98.9%
9Pohjois-Pohjanmaa98.8%
10Pohjois-Karjala98.7%
11Pohjois-Savo98.3%
12Etelä-Pohjanmaa97.7%
13Keski-Suomi97.5%
14Etelä-Karjala97.2%
Source: Statistics Finland (Tilastokeskus) · saved copy

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

Pohjois-Savo ranks 8 of 19, highest first.

RankAreaEconomic dependency ratio (non-employed per 100 employed)
5Kainuu160
6Päijät-Häme157
7Keski-Suomi151
8Pohjois-Savo148
9Satakunta147
10Pohjois-Pohjanmaa143
11Keski-Pohjanmaa142
Source: Statistics Finland (Tilastokeskus) · saved copy

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

Pohjois-Savo ranks 7 of 19, highest first.

RankAreaChange in the number of jobs over five years (%)
4Varsinais-Suomi+2.2%
5Pohjanmaa+2.1%
6Pohjois-Pohjanmaa+2.1%
7Pohjois-Savo-0.3%
8Keski-Suomi-0.7%
9Kanta-Häme-1.0%
10Keski-Pohjanmaa-1.3%
Source: Statistics Finland (Tilastokeskus) · saved copy

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

Pohjois-Savo ranks 7 of 19, highest first.

RankAreaShare of jobs in the information sector (%)
4Keski-Suomi6.0%
5Varsinais-Suomi5.5%
6Åland5.2%
7Pohjois-Savo4.9%
8Pohjois-Karjala4.4%
9Kainuu4.3%
10Pohjanmaa3.9%
Source: Statistics Finland (Tilastokeskus) · saved copy

Share of jobs in manufacturing (%) (2023)

Pohjois-Savo ranks 15 of 19, highest first.

RankAreaShare of jobs in manufacturing (%)
12Keski-Suomi13.3%
13Pohjois-Pohjanmaa13.1%
14Kymenlaakso12.8%
15Pohjois-Savo12.0%
16Lappi8.4%
17Kainuu8.3%
18Helsinki-Uusimaa8.1%
Source: Statistics Finland (Tilastokeskus) · saved copy

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

Pohjois-Savo ranks 16 of 19, highest first.

RankAreaShare of output from industry (manufacturing, mining and energy)
13Pohjois-Karjala20.6%
14Kymenlaakso19.6%
15Keski-Suomi19.5%
16Pohjois-Savo18.4%
17Etelä-Savo18.3%
18Helsinki-Uusimaa15.8%
19Åland10.0%
Source: Eurostat · saved copy

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

Pohjois-Savo ranks 3 of 19, highest first.

RankAreaShare of output from finance, property and business services
1Helsinki-Uusimaa28.4%
2Kanta-Häme26.4%
3Pohjois-Savo26.2%
4Pirkanmaa25.9%
5Varsinais-Suomi25.4%
6Åland25.2%
7Päijät-Häme25.0%
Source: Eurostat · saved copy

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

Pohjois-Savo ranks 4 of 19, highest first.

RankAreaShare of output from public administration, education, health and other services
1Pohjois-Karjala28.5%
2Keski-Suomi28.4%
3Etelä-Savo28.3%
4Pohjois-Savo27.8%
5Lappi27.6%
6Etelä-Karjala27.3%
7Kainuu26.9%
Source: Eurostat · saved copy

More on Pohjois-Savo: overview · health · education and schools · poverty and living standards · government budget · government and politics · Pohjois- ja Itä-Suomi · Finland

Sources

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