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Financial income and expenses (Details) - EUR (€)
€ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Financial Income [Abstract]      
Interest income on financial investments € 199 € 69 € 21
Interest income on financing components of other contracts 21 13 28
Net interest income on defined benefit plans 187 92 26
Other finance income 18 4 (6)
Total [1] 425 178 69
Financial expenses      
Interest expense on interest-bearing liabilities (201) (103) (113)
Negative interest on financial investments (3) (27) (29)
Interest expense on financing components of other contracts (126) (66) (40)
Interest expense on lease liabilities (28) (26) (24)
Net fair value (losses)/gains on hedged items under fair value hedge accounting (93) 262 25
Net fair value gains/(losses) on hedging instruments under fair value hedge accounting 89 (265) (25)
Net foreign exchange (losses)/gains (187) 20 (60)
Other financial expenses (26) (81) (44)
Total [1] (575) (286) (310)
Interest expenses related to sale of receivables 106 46 12
Emerging markets customer      
Financial expenses      
Allowance for expected credit losses 9 61 32
Nokia Shanghai Bell Co., Ltd      
Financial Income [Abstract]      
Expense (income) due to change in fair value of financial liability € 2 € (11) € 33
[1]
(1)In 2023, Nokia changed the presentation of net interest income on defined benefit plans within financial income and expenses. The comparative amounts for 2022 and 2021
have been recast accordingly. Refer to Note 2.4. Financial income and expenses for more information.