Finland GDP Annual Growth Rate  1976-2017 | Data | Chart | Calendar

The Finnish GDP expanded 0.2 percent year-on-year in the fourth quarter of 2016, compared to a 1.6 percent growth in the September quarter, preliminary data showed. It was the lowest growth since the third quarter of 2015. On a quarterly basis, the economy contracted 0.5 percent, compared to a 0.4 percent growth in the third quarter. GDP Annual Growth Rate in Finland averaged 2.14 percent from 1976 until 2016, reaching an all time high of 7.60 percent in the third quarter of 1979 and a record low of -9.30 percent in the first quarter of 2009.

Finland GDP Annual Growth Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-11-15 07:00 AM Q3 1.4% 0.4% 0.6%
2016-12-02 07:00 AM Q3 1.6% 0.9% 1.4% 1.4%
2017-02-14 07:00 AM Q4 0.2% 1.6% 1.2%
2017-03-01 07:00 AM Q4 1.6% 0.2% 0.2%
2017-05-16 06:00 AM Q1 1.1%
2017-06-01 06:00 AM Q1 1.1%




Finland GDP Last Previous Highest Lowest Unit
GDP Growth Rate -0.50 0.40 5.00 -6.90 percent [+]
GDP Annual Growth Rate 0.20 1.60 7.60 -9.30 percent [+]
GDP 231.95 272.46 283.74 5.22 USD Billion [+]
GDP Constant Prices 47427.00 46977.00 50010.00 17125.00 EUR Million [+]
Gross National Product 47708.00 48195.00 50774.00 27917.00 EUR Million [+]
Gross Fixed Capital Formation 10027.00 10286.00 11860.00 3979.00 EUR Million [+]
GDP per capita 45132.79 45207.14 49366.64 12196.05 USD [+]
GDP per capita PPP 38509.84 38573.28 42122.40 25413.66 USD [+]
GDP From Agriculture 1194.00 1217.00 1249.00 873.00 EUR Million [+]
GDP From Construction 2523.00 2501.00 3217.00 1778.00 EUR Million [+]
GDP From Manufacturing 7015.00 6815.00 10065.00 3242.00 EUR Million [+]
GDP From Public Administration 7774.00 7811.00 8497.00 7562.00 EUR Million [+]
GDP From Services 28298.00 28072.00 28740.00 18115.00 EUR Million [+]
GDP From Transport 2119.00 2064.00 2290.00 1634.00 EUR Million [+]
GDP From Utilities 1562.00 1512.00 1618.00 993.00 EUR Million [+]



Finland GDP Annual Growth Rate Notes

The largest sector of the Finnish economy is services at 65 percent, followed by manufacturing and refining at 31 percent. Primary production is at 3 percent. Finland’s main industrial products are paper and board, electronics and metal products. Engineering and high technology industries are the leading branches of manufacturing. 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 Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Finland GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on February of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.20 1.60 7.60 -9.30 1976 - 2016 percent Quarterly
WDA



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