Finland Key Figures
- Population:
- 5.54 million
- GDP growth rate:
- 3.47 %/year
- Energy independence:
- 58.5%
Data of the last year available: 2021
- Total consumption/GDP:*
- 84.2 (2005=100)
- CO2 Emissions:
- 6.93 tCO2/capita
- Rate of T&D power losses:
- 3.68%
* at purchasing power parity
View all macro and energy indicators in the Finland energy report
Finland Related News
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Finland Related Research
Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data
A data overview is available in the global energy statistics app
Total Energy Consumption
Total energy consumption per capita is twice as high as the EU average, at 6 toe in 2021, including over 15 000 kWh of electricity (2.6-fold higher than the EU average). The gap is due to a high share of pulp and paper industry activity.
Graph: CONSUMPTION TRENDS BY ENERGY SOURCE (Mtoe)
The country's total consumption rebounded by 5% in 2021 to 33.5 Mtoe, back to its 2019 level. It had remained stable between 2013 and 2019 at around 34 Mtoe.
Interactive Chart Finland Total Energy Consumption
Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data
View the detailed fondamentals of the market at country level (graphs, tables, analysis) in the Finland energy report
Crude Oil Production
Oil supplies are primarily ensured by imports, particularly crude oil (over 80%). In 2021, crude oil imports fell by 26% to 8.4 Mt. In 2021, imports came mainly from Russia (64%) and Norway (11%). Finland is a net exporter of oil products (6.5 Mt of net exports in 2021), mainly to the European Union. In April 2022, Finland agreed to release 369 kbl of crude oil from its emergency supply in an attempt to ease prices.
Interactive Chart Finland Crude Oil Production
Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data
Additionally, for more detailed information on refineries, you can request a sample of our EMEA Refineries Dataset
Oil Products Consumption
Oil product consumption remained relatively stable in 2021, reaching 7.4 Mt after a 6% drop in 2020 and a regular decline of around 2%/year since its peak at 10 Mt in 2007 and 2019.
Transport is the largest consuming sector for oil products, although its share is relatively modest (44% in 2021). Industry and non-energy-uses account for 29%, buildings (residential and services) for 14%, and district heating for 12%.
Graph: OIL CONSUMPTION (Mt)
Interactive Chart Finland Refined Oil Products Production
Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data
Additionally, for more detailed information on refineries, you can request a sample of our EMEA Refineries Dataset
Natural Gas Consumption
Gas consumption has remained stable at around 2.6 bcm since 2018. Previously, it had declined very rapidly (9%/year) between 2011 and 2017 to 2.3 bcm.
Industry accounted for 35% of the gas consumption in 2021, followed by power plants (34%) and buildings (3%).
Graph: NATURAL GAS CONSUMPTION (bcm)
Graph: GAS CONSUMPTION BREAKDOWN BY SECTOR (2021, %)
Interactive Chart Finland Natural Gas Domestic Consumption
Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data
Additionally, for more detailed information on the LNG trade, you can request a sample of our EMEA LNG Trade Dataset
Coal Consumption
Coal and peat consumption, which had remained roughly stable between 2015 and 2018, fell by 15% in 2019 and 23% in 2020 and remained stable in 2021 at around 7 Mt (of which, 60% peat), due to lower demand from the power sector.
The power sector is the main consumer of coal and peat, with 56% of total consumption in 2021 (of which, 40% peat), followed by industry (23%).
Graph: COAL CONSUMPTION (Mt)
Graph: COAL CONSUMPTION BREAKDOWN BY SECTOR (2021%)
Interactive Chart Finland Coal and Lignite Domestic Consumption
Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data
View the detailed consumption trends at country level (graphs, tables, analysis) in the Finland energy report
Power Consumption
Electricity consumption increased by 6.8% in 2021 to 94 TWh, after declining in 2019 and 2020 (-1.7% in 2019 and -5.4% in 2020) and a progression of 1.8%/year between 2015 and 2018.
The share of industry in electricity consumption was 45% in 2021, compared to 29% for the residential sector and 21% for services.
Graph: ELECTRICITY CONSUMPTION (TWh)
Graph: ELECTRICITY CONSUMPTION BREAKDOWN BY SECTOR (2021, %)
Renewable in % Electricity Production
Motiva is also in charge of renewables.
According to Finland's NECP, renewables are expected to account for 50% of the country's final energy consumption in 2030 (of which 30% for transport), compared to 43% in 2021 (of which 40% for electricity, 53% for heating, and 20.5% in transport). The target set in the Directive on Renewables for a 38% share of renewables in the final consumption in 2020 was achieved in 2014 and exceeded by 6 points in 2020. The share of renewables in transport is the second highest in the EU, behind Sweden with 30%.
Interactive Chart Finland Share of Renewables in Electricity Production (incl hydro)
Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data
Learn more about renewables in the European Battery Market Analysis
CO2 Fuel Combustion/CO2 Emissions
GHG emissions have decreased by 4.5%/year on average since 2010, reaching 48 MtCO2eq in 2020.