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Inflation Calculator: Finland

See what an amount from any past year is worth today in 15 countries, or deflate today's money back in time, using each country's own official price index.

Reviewed by CentExactRates effective 1 sourceCalculated in your browser. Shared links include inputs.
Country

Kuluttajahintaindeksi, 2010=100, 1952 to 2025.

Amount and years
€

Annual averages, 1952 to 2025. Enter a later "from" year to deflate.

Finland: a markka from before 1963 is not the markka you think

Finland changed its currency twice in the span this page covers, and only one of the two is the euro. On 1 January 1963 the new markka replaced the old at 100 to 1, cutting two zeros after wartime inflation had averaged around 17% a year. Then on 1 January 2002 the euro replaced the markka at the fixed rate of 5.94573 markka to the euro.

The index chains straight through both events, because an index measures the price level rather than the unit it is quoted in. Your memory does not. An amount you recall from the 1950s is in old markka, and converting it needs both steps.

Worked exampleWorked example: a 1955 price

Suppose a relative remembers paying 2,000 markka for something in 1955. That is old markka. Divide by 100 for the 1963 reform to get 20 new markka, then by

5.94573 for the euro changeover: about EUR 3.36.

Enter 3.36 as the 1955 amount, not 2,000. Skipping the reform overstates the answer a hundredfold, which is the single most common mistake on Finnish figures.

The series starts in 1952, but Finnish price history does not

This page's series begins in 1952, where the Bank for International Settlements anchors its Finnish chain on the cost-of-living index of October 1951. That is a choice about splicing, not a limit of what is known. Statistics Finland's own value-of-money converter runs from 1860, omitting only 1914 for incomplete data.

So if you need a figure from the 1930s, it exists; it simply is not in the chained series used here. Go to Statistics Finland directly rather than assuming the number is unknowable.

The national index includes housing costs the EU measure leaves out

Finland publishes both a national consumer price index and the EU-harmonised HICP, and they are not interchangeable. The HICP excludes owner-occupied housing, mortgage interest, games of chance and tax-like payments, covering slightly under 85% of the national index.

The national index is the one used here, and it is also the operative one in Finnish law: the chained cost-of-living series is what indexes rental agreements for dwellings, business premises and land. If your figure comes from a lease or a pension calculation, the national index is the right comparison.

For how the calculation works, the formula behind it and what it leaves out, see the full guide. For help interpreting a result or comparing it with a quote or statement, read the questions and answers.

Data sources

Kuluttajahintaindeksi, annual averages (2010 = 100)Statistics FinlandWithin its effective period

Every document each dataset was read from, its notes and how the figures were checked are listed in the guide's data sources.

This calculator in other countries

Each country has its own rates, thresholds and rules, and its own page that runs the calculator on them and cites the official sources they came from.

CentExactCalculator publisher

CentExact publishes the calculation method, worked examples and available data sources. Automated checks cover reference calculations; they do not certify a result for your circumstances or imply approval by a lender or tax authority.

How we build and test our calculators

Figures are estimates derived from published rates and rules, current at the review date shown at the top of this page and taken from the sources listed under Data sources on this page. Rates, fees and thresholds change; always confirm current values with the official source before relying on a result.