The 32nd elections to the Finnish parliament were held on March 19, 1995. The previous centre-right cabinet fell, as the Social Democrats (SDP) made strong gains and achieved the best result of any party after the Second World War. The main reason for the defeat of the Centre Party-led coalition was its unpopuar austerity program and lingering effects of the early 1990s recession.

After the election, a five party "Rainbow Coalition" was formed, with SDP leader Paavo Lipponen appointed Prime Minister.

Results

Turnout	68.6%	+0.2
Turnout (in Finland)	71.9%	−0.2
Voters	2,803,602	+26,618
Disqualified votes	22,681	−28,385

party	MPs		votes				MPs %/votes %
			proportion		amount
Social Democratic Party of Finland Social Democratic Party of Finland The Social Democratic Party of Finland is one of the three major political parties in Finland, along with the Centre Party and the National Coalition Party. Jutta Urpilainen is the current SDP leader. The party has been in the Finnish government cabinet for long periods and has set many...	63	+15	28.25%	+6.1	785,637	+182,557	1,12
Centre Party Centre Party (Finland) The Centre Party is a centrist and Nordic agrarian political party in Finland. It is one of the four largest political parties in the country, along with the Social Democratic Party , the National Coalition Party and the True Finns , and currently has 35 seats in the Finnish Parliament...	44	−11	19.85%	−5.0	552,003	−124,714	1,11
National Coalition Party National Coalition Party (Finland) The National Coalition Party is a liberal conservative political party in Finland founded in 1918.The National Coalition Party is one of the four largest parties in Finland, along with the Social Democratic Party, the Centre Party and the True Finns...	39	−1	17.89%	−1.4	497,624	−28,863	1,09
Left Alliance Left Alliance (Finland) The Left Alliance is a left-wing political party in Finland. It was founded on the basis of the Finnish People's Democratic League and the Communist Party of Finland in 1990....	22	+3	11.16%	+1.1	310,340	+35,701	0,99
Green League Green League The Green League is a centrist green liberal political party in Finland. It has ten seats in the Finnish Parliament and two in the European Parliament. The current chairperson is Ville Niinistö....	9	−1	6.52%	−0.3	181,198	−4,696	0,69
Swedish People's Party	11	--	5.14%	−0.3	142,874	−6,602	1,07
Christian League of Finland Christian Democrats (Finland) The Christian Democrats is a Christian democratic political party in Finland. Formerly known as the Finnish Christian League , the Christian Democrats have six seats in the Finnish Parliament and one in the European Parliament.The party was founded in 1958, chiefly from the Christian faction of...	7	−1	2.96%	−0.1	82,311	−840	1,18
Young Finnish Party	2	–	2.81%	–	78,066	–	0,36
Rural Party of Finland	1	−6	1.30%	−3.6	36,185	−95,948	0,38
League of Free Finland			1.01%	–	28,067	–
Liberal People's Party		−1	0.58%	−0.2	16,247	−4,963
Åländsk Samling	1	--	0.36%	+0.0	9,905	+561	1,39
Women's Party			0.28%	−0.2	7,919	−4,806
Ecological Party Greens	1	+1	0.28%	+0.1	7,865	+4,030	1,79
Natural Law Party			0.25%	–	6,819	–
Pensioners for People			0.18%	−0.0	5,124	−106
For Peace and Socialism – Communist Workers' Party			0.17%	−0.1	4,784	−1,417
Pensioners' Party of Finland			0.14%	−0.3	3,974	−6,788
Joint Responsibility Party			0.06%	−0.0	1,706	−1,101
Others			0.80%	+0.4	22,273	+10,476
Total	200	--	100%		2,780,921	+55,003
Source: Tilastokeskus 2004