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Finland Renewable Energy

Renewable energy consumption as % of total  EG.FEC.RNEW.ZS

Finland's renewable energy was 50.20% in 2021, ranked 48th globally. This represents a 6.1% increase from 2020. Data from World Bank, covering 1990–2021.

50.20% +2.90% (+6.1%)
Year 2021 Rank #48 Global Peak 50.20% (2021) Source World Bank

Finland Renewable Energy (1990–2021)

Overview

Finland's renewable energy stood at 50.20% in 2021, a rise of +2.90% from 2020. Finland ranked 48th globally.

Finland’s share of renewable energy in total final consumption rose from 24.00 percent in 1991, the all‑time trough, to 50.20 percent in 2021, the latest year and also the all‑time peak, placing the country 48th globally. Over the 32‑year span the increase averages roughly 0.82 percentage points per year, reflecting sustained policy support for wind, bioenergy and hydropower. The 2021 figure of 50.20 percent is marginally below the share recorded by Lao PDR (51.50 percent) and just above that of Solomon Islands (49.10 percent), illustrating Finland’s position among a diverse group of nations that have crossed the half‑share threshold. The upward trajectory has been driven by ambitious renewable targets, grid upgrades and subsidies for clean‑technology deployment. Continued expansion of offshore wind capacity and further integration of renewable sources into industry and transport are likely to keep the share rising, though the pace could be altered by changes in electricity demand or fiscal support for fossil‑fuel alternatives.

Data & projection

Year Renewable Energy YoY change Rank
2021 50.20% +2.90% #48
2020 47.30% +1.90% #53
2019 45.40% +1.20% #55
2018 44.20% −0.20% #53
2017 44.40% +2.00% #55
2016 42.40% −0.80% #60
2015 43.20% +2.00% #59
2014 41.20% +2.70% #62
2013 38.50% −0.20% #66
2012 38.70% +3.60% #67
2011 35.10% +1.70% #70
2010 33.40% +0.90% #73
2009 32.50% −2.10% #79
2008 34.60% +2.80% #74
2007 31.80% +0.60% #80
Show all years (1990-2021)

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +24.2% GDP growth 2.7% C/A balance 0.3%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Finland matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw renewable energy improve within 24 months. View full analysis →

Frequently Asked Questions

What is Finland's renewable energy?▾

Finland's renewable energy was 50.20% in 2021. Ranked 48th globally. This represents a 6.1% increase from the previous year.

What was the highest renewable energy in Finland?▾

Finland's renewable energy peaked at 50.20% in 2021.

What was the lowest renewable energy in Finland?▾

The lowest renewable energy in Finland was 24.00% in 1991.

How does Finland rank in renewable energy?▾

Finland ranks 48th globally in renewable energy as of 2021.

What is the World Bank indicator code for renewable energy?▾

The World Bank indicator code is EG.FEC.RNEW.ZS. Data sourced from World Bank.

What is the renewable energy of Finland in 2021?▾

The renewable energy of Finland in 2021 was 50.20%. This ranks 48th in the world.

Cite this page

APA
Finland Renewable Energy. HistorySaid. Retrieved October 31, 2026, from https://historysaid.com/finland/renewable-energy/
BibTeX
@misc{historysaid_finland_renewable-energy, title = {Finland Renewable Energy}, url = {https://historysaid.com/finland/renewable-energy/}, publisher = {HistorySaid}, year = {2026} }
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