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

Finnish GDP expanded by 0.6 percent quarter-on-quarter in the March quarter of 2016, faster than a preliminary estimate of a 0.4 percent growth, final figure showed. It was the strong expansion since the June quarter of 2015, following an upwardly revised 0.5 percent growth in the preceding period. Year-on-year the economy advanced 1.6 percent, higher than an earlier estimate of 1 percent. 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. GDP Growth Rate in Finland is reported by the Statistics Finland.

Finland GDP Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
0.60 0.50 5.00 -6.90 1975 - 2016 percent Quarterly
SA, WDA
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 July of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-02-29 07:00 AM Q4 0.1% -0.2% -0.1% -0.1%
2016-05-13 06:00 AM Q1 0.4% 0.1% 0.1%
2016-06-03 06:00 AM Q1 0.6% 0.5% 0.4% 0.4%
2016-08-12 06:00 AM Q2 0.6% 0.2%
2016-09-06 06:00 AM Q2 0.6%
2016-11-15 07:00 AM Q3 0.3%

Finland GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.60 0.50 5.00 -6.90 percent [+]
GDP Annual Growth Rate 1.60 1.20 7.60 -9.30 percent [+]
GDP 272.22 268.20 283.74 5.22 USD Billion [+]
GDP Constant Prices 47421.00 46855.00 50010.00 17125.00 EUR Million [+]
Gross National Product 48116.00 47449.00 50859.00 27931.00 EUR Million [+]
Gross Fixed Capital Formation 9608.00 9653.00 11860.00 3979.00 EUR Million [+]
GDP per capita 38837.11 39057.50 42415.08 10314.33 USD [+]
GDP per capita PPP 38569.11 38787.99 42122.39 25413.67 USD [+]
GDP From Agriculture 1248.00 1229.00 1249.00 873.00 EUR Million [+]
GDP From Construction 2518.00 2413.00 3217.00 1778.00 EUR Million [+]
GDP From Manufacturing 6862.00 6887.00 10065.00 3242.00 EUR Million [+]
GDP From Public Administration 7783.00 7799.00 8497.00 7562.00 EUR Million [+]
GDP From Services 28323.00 28137.00 28740.00 18115.00 EUR Million [+]
GDP From Transport 2247.00 2222.00 2290.00 1634.00 EUR Million [+]
GDP From Utilities 1518.00 1487.00 1618.00 993.00 EUR Million [+]




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Vietnam 7.01 Dec/15
Venezuela 6.80 Dec/13
Bangladesh 6.51 Dec/15
Sri Lanka 5.50 Mar/16
Angola 4.90 Dec/15
Botswana 4.90 Dec/15
United Arab Emirates 4.60 Dec/14
Cape Verde 4.50 Dec/14
Morocco 4.50 Dec/15
Pakistan 4.24 Dec/15
Algeria 4.00 Dec/14
Macedonia 3.90 Mar/14
Egypt 3.80 Dec/15
Saudi Arabia 3.60 Dec/15
Dominican Republic 3.58 Dec/15
Mongolia 3.10 Mar/16
Ireland 2.70 Dec/15
Rwanda 2.35 Dec/15
Uganda 2.10 Dec/15
Peru 1.90 Dec/15
Mozambique 1.80 Mar/16
India 1.70 Dec/15
Moldova 1.70 Mar/16
Romania 1.60 Mar/16
Serbia 1.60 Mar/16
El Salvador 1.55 Dec/15
Tanzania 1.50 Sep/10
Bolivia 1.30 Dec/15
Chile 1.30 Mar/16
Kazakhstan 1.26 Dec/13
Australia 1.10 Mar/16
China 1.10 Mar/16
Ghana 1.10 Mar/16
Malta 1.10 Dec/15
Philippines 1.10 Mar/16
United States 1.10 Mar/16
Malaysia 1.00 Mar/16
Norway 1.00 Mar/16
Bahrain 0.90 Mar/16
Cyprus 0.90 Mar/16
Mauritius 0.90 Mar/16
Thailand 0.90 Mar/16
Lithuania 0.80 Mar/16
Mexico 0.80 Mar/16
Paraguay 0.80 Mar/16
Spain 0.80 Mar/16
Turkey 0.80 Mar/16
Taiwan 0.78 Mar/16
Albania 0.73 Dec/15
Bulgaria 0.70 Mar/16
Costa Rica 0.70 Dec/15
Denmark 0.70 Mar/16
Germany 0.70 Mar/16
Luxembourg 0.70 Mar/16
New Zealand 0.70 Mar/16
Slovakia 0.70 Mar/16
Canada 0.60 Mar/16
Croatia 0.60 Apr/16
Euro Area 0.60 Mar/16
Finland 0.60 Mar/16
France 0.60 Mar/16
Austria 0.50 Mar/16
European Union 0.50 Mar/16
Japan 0.50 Mar/16
Netherlands 0.50 Mar/16
Slovenia 0.50 Mar/16
South Korea 0.50 Mar/16
Sweden 0.50 Mar/16
Czech Republic 0.40 Mar/16
Tunisia 0.40 Mar/16
United Kingdom 0.40 Mar/16
Bosnia and Herzegovina 0.30 Dec/15
Israel 0.30 Mar/16
Italy 0.30 Mar/16
Belgium 0.20 Mar/16
Colombia 0.20 Mar/16
Portugal 0.20 Mar/16
Singapore 0.20 Mar/16
Ecuador 0.10 Dec/15
Jamaica 0.10 Dec/15
Latvia 0.10 Mar/16
Switzerland 0.10 Mar/16
Uruguay 0.10 Mar/16
Cameroon 0.05 Dec/15
Estonia 0.00 Mar/16
Poland -0.10 Mar/16
Belize -0.25 Dec/15
Brazil -0.30 Mar/16
Indonesia -0.34 Mar/16
Hong Kong -0.40 Mar/16
Greece -0.50 Mar/16
Iceland -0.50 Mar/16
Qatar -0.50 Dec/15
Russia -0.57 Sep/15
Trinidad And Tobago -0.60 Dec/15
Argentina -0.70 Mar/16
Ukraine -0.70 Mar/16
Hungary -0.80 Mar/16
South Africa -1.20 Mar/16
Kenya -1.40 Mar/16
Namibia -1.60 Mar/16
Nigeria -13.70 Mar/16
Senegal -14.10 Mar/16