The results of the Finnish experiment with unconditional basic income

In Finland, at the beginning of 2017, they decided to carry out a long-term experiment with unconditional basic income. Approximately 2000 people received 560 euros each month, no-strings-attached and tax-free.

An experiment with unconditional basic income would be part of another wider experiment to simplify welfare benefits and reduce the unemployment rate.

The experimental results can be briefly summarized as follows:

  • recipients of money were happier
  • they suffered less stress
  • there was no change in the effort to find a job



The preliminary report from the experiment was published on Friday by the social security administrator KELA.