Finland GDP Growth Rate  1975-2016 | Data | Chart | Calendar | Forecast

The Finnish economy expanded 0.4 percent on quarter in the three months to September of 2016, following a 0.1 percent contraction in the previous period and slightly below preliminary estimates of a 0.5 percent growth. GDP Growth Rate in Finland averaged 0.52 percent from 1975 until 2016, reaching an all time high of 5 percent in the third quarter of 1980 and a record low of -6.90 percent in the first quarter of 2009.

Finland GDP Growth Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-09-06 06:00 AM Q2 0.0% 0.3% 0.3% 0.3%
2016-11-15 07:00 AM Q3 0.5% 0.0% 0.3%
2016-12-02 07:00 AM Q3 0.4% -0.1% 0.5% 0.5%
2017-02-13 07:00 AM Q4 0.4% 0.48%
2017-02-28 07:00 AM Q4 0.4% 0.48%
2017-05-12 06:00 AM Q1 0.30%




Finland GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.40 -0.10 5.00 -6.90 percent [+]
GDP Annual Growth Rate 1.60 0.90 7.60 -9.30 percent [+]
GDP 229.81 272.34 283.74 5.22 USD Billion [+]
GDP Constant Prices 46977.00 47421.00 50010.00 17125.00 EUR Million [+]
Gross National Product 48195.00 47798.00 50774.00 27917.00 EUR Million [+]
Gross Fixed Capital Formation 10286.00 9608.00 11860.00 3979.00 EUR Million [+]
GDP per capita 45288.63 45211.75 49366.64 12196.05 USD [+]
GDP per capita PPP 38642.81 38577.21 42122.40 25413.66 USD [+]
GDP From Agriculture 1217.00 1248.00 1249.00 873.00 EUR Million [+]
GDP From Construction 2501.00 2518.00 3217.00 1778.00 EUR Million [+]
GDP From Manufacturing 6815.00 6862.00 10065.00 3242.00 EUR Million [+]
GDP From Public Administration 7811.00 7783.00 8497.00 7562.00 EUR Million [+]
GDP From Services 28072.00 28323.00 28740.00 18115.00 EUR Million [+]
GDP From Transport 2064.00 2247.00 2290.00 1634.00 EUR Million [+]
GDP From Utilities 1512.00 1518.00 1618.00 993.00 EUR Million [+]



Finland GDP Growth Rate Notes

Although services account for 65 percent of Finnish economy, key sector is manufacturing, mainly wood, metals, engineering, telecommunications, and electronics industries. On the expenditure side, household consumption is the main component of GDP and accounts for 55 percent of its total use, followed by government expenditure (25 percent) and gross fixed capital formation (20 percent). Exports of goods and services account for 38 percent of GDP while imports account for 39 percent, subtracting 1 percent of total GDP. . This page provides - Finland GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Finland GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
0.40 -0.10 5.00 -6.90 1975 - 2016 percent Quarterly
SA, WDA



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Euro Area 0.30 Sep/16
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Turkey 0.30 Jun/16
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