While Finland has traditionally been a country where major political forces have put important emphasis on balancing the regional structure and supporting the peripheral regions, development since the 1990s has been characterised by growing regional differences and increasing dominance of centralising tendencies. In the first decade of the new millennium, these tendencies have further intensified. This article analyses the processes, dynamics and underlying rationalities of this state restructuring and state spatial transformation in Finland and in the Helsinki region, the capital area of the country. The developments in Finland are placed in broader international context as they are analysed in relation to recent debates on state rescaling. The validity of some of the core arguments presented in these debates is examined in the Finnish context. The case of the Helsinki region and Finland is also set into a Nordic perspective by presenting a comparison of rescaling tendencies in the Nordic countries (Sweden, Denmark and Norway). The findings are mixed, as there are both elements supporting the rescaling thesis and clear deviations from the core arguments.