Value added tax (VAT) revenue collected in Finland showed solid growth in the period from January to September 2025, according to recently published figures from the Finnish Tax Administration. During the first nine months of the year, VAT collections amounted to EUR 16.8 billion, representing an increase of EUR 835 million (+5.2%) compared with the same period in 2024. VAT was the second-largest individual tax category after personal income tax and accounted for a substantial share of total tax revenues collected by the Tax Administration. In total, the Tax Administration collected EUR 63.6 billion in taxes during January–September 2025.
These figures exclude taxes collected by other authorities, such as vehicle tax, and do not include social security contributions like unemployment or pension insurance payments. The increase in VAT revenue contrasts with developments in other major tax categories. While personal income tax collections rose by 2.5% year-on-year, corporate income tax declined by 2.3% over the same period.
This divergence highlights VAT’s role as a relatively stable revenue source tied directly to consumption and taxable transactions. VAT revenues collected by the Tax Administration are distributed among the state, municipalities, parishes, and the Social Insurance Institution of Finland (Kela), making VAT performance a key indicator for both central and local public finances. From an indirect tax perspective, the growth in VAT receipts suggests continued strength in domestic consumption and VAT-liable economic activity during 2025, despite broader economic uncertainty and weaker corporate tax inflows.