In 2018 the University of Helsinki’s total income amounted to €677 million while total expenditure was €690 million, making the operating deficit €17 million. As investment activities were €19 million in deficit, the University’s overall result in 2018 was €36 million in deficit.
The trend of a negative operating result carries over from 2016 and 2017, a consequence of the decrease seen in recent years in the core funding provided by the government, as well as the freezing of the university index between 2016 and 2019.
A little under 60% of the University’s expenditures were staff costs. At the end of 2018 the number of employees was a little over 7,800, of whom nearly 4,500 were teachers and researchers. Another considerable expense are the facilities required for studying, research and other activities.