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

Finnish economy showed no growth quarter-on-quarter in the June quarter of 2016, compared to preliminary estimates of a 0.3 percent expansion and a downwardly revised 0.3 percent growth in the preceding quarter. In the second quarter, the volume of private consumption grew by 0.9 percent while government spending rose 0.4 percent. Meanwhile, gross fixed capital formation expanded by 3.6 percent. Exports increased by 3.1 percent while mports also rose 4.0 percent. On an annual basis, the GDP expanded 0.4 percent, lower than an earlier projection of 1.3 percent growth and slowing from a downwardly revised 1.2 percent expansion in the March quarter. 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
0.00 0.30 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 September of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-06-03 06:00 AM Q1 0.6% 0.5% 0.4% 0.4%
2016-08-12 06:00 AM Q2 0.3% 0.6% 0.2%
2016-09-06 06:00 AM Q2 0.0% 0.3% 0.3% 0.3%
2016-11-15 07:00 AM Q3 0.0% 0.3%
2016-12-05 07:00 AM Q3 0.0%

Finland GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.00 0.30 5.00 -6.90 percent [+]
GDP Annual Growth Rate 0.40 1.20 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 [+]




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Qatar -2.60 Mar/16
Trinidad And Tobago -3.90 Mar/16