Some 44 percent of part-time sole traders in Finland reported earning monthly pay packets under 2,000 euros. That's according to a triennial survey conducted by SME lobby Suomen Yrittäjät.
The study, however, suggests that solopreneurs' wages are ticking up. Around 36 percent of full-time entrepreneurs reported paying themselves less than 2,000 euros monthly, down from 41 percent in 2019 and 45 percent in 2016.
"Income growth among solopreneurs reflects the rise in education levels as well as the increasing share of those running long-term businesses," said Mika Hämeenniemi, a manager at the federation.
Part-time entrepreneurs are meanwhile seeing a gradual increase in salary, with 44 percent earning less than 2,000 euros per month, according to the Federation of Finnish Enterprises.
Average salaries in Finland are just under 3,500 euros per month, according to preliminary figures from Statistics Finland.
This week's episode of Yle News' All Points North podcast asks if foreigners in Finland are forced into entrepreneurship for a lack of other options.
