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Finland sees tens of thousands more at risk of poverty, marginalisation

Around 5.6 million people live in Finland. Nearly one million of them were at risk of poverty or social marginalisation in 2024.

A Finnish Red Cross worker arranging boxes of food laid out on many tables in a large room.
A volunteer from the Finnish Red Cross at a donated food distribution centre in Kemi. File photo taken in January. Image: Antti Ullakko / Yle
  • Yle News

An increasing number of young adults in Finland were at risk of poverty or social marginalisation in 2024, according to Statistics Finland.

It said that more than a third of adults up to the age of 29 were at risk of poverty or marginalisation that year — an increase of around 56,000 compared to 2023.

In a longer term perspective, the proportion of people at such risk grew by nearly 10 percentage points since 2018.

The statistics agency reported that overall, around 958,000 people in Finland were at risk of poverty or social marginalisation in 2024. The country's population currently stands at 5.66 million.

Young adults who live alone were found to be particularly at risk, with 54 percent of people 35 and under in single-person households at risk of poverty or exclusion. In 2018, that proportion stood at 39 percent.

Poverty and marginalisation risks also rose among people between the ages of 30 and 49, while they decreased among seniors.

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