Parliamentary elections were held in Finland on 19 March 1995.

[1][2] The Social Democratic Party (SDP) achieved the best result of any party since World War II, winning 63 of the 200 seats in the Eduskunta and defeating the incumbent centre-right coalition led by the Centre Party.

The result was attributed to the government's unpopular austerity policies as well as lingering effects of the early 1990s recession.

After the election, a five party "Rainbow Coalition" was formed, between the SDP, National Coalition Party, Left Alliance, Swedish People's Party and the Green League, with SDP leader Paavo Lipponen appointed Prime Minister.