Back to McKinsey Chart of the Day

Finland sees promising results after nationwide experiment with universal basic income

The results of a two-year Finnish study of 2,000 unemployed people who were given a basic income showed a huge increase in life satisfaction versus the control group of all other unemployed people. They reported fewer mental-health issues, better physical health, slightly higher employment levels, and more trust in their future.

In the Finnish experiment, people on the basic income reported large and statistically significant improvements in key drivers of well-being.
We strive to provide individuals with disabilities equal access to our website. If you would like information about this content we will be happy to work with you. Please email us at: McKinsey_Website_Accessibility@mckinsey.com

To read the article, see “An experiment to inform universal basic income,” September 15, 2020.