The Finnish gross domestic product contracted 2.8 percent in 2020, after a 1.2 percent expansion in 2019. source: Statistics Finland

Full Year GDP Growth in Finland averaged 2.14 percent from 1976 until 2020, reaching an all time high of 7.20 percent in 1979 and a record low of -8.10 percent in 2009. This page includes a chart with historical data for Finland Full Year GDP Growth. Finland Full Year GDP Growth - values, historical data and charts - was last updated on July of 2022.

Full Year GDP Growth in Finland is expected to reach 2.90 percent by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Finland Full Year GDP Growth is projected to trend around 2.70 percent in 2023 and 2.50 percent in 2024, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Finland Full Year GDP Growth



Related Last Previous Unit Reference
GDP Growth Rate 0.20 0.70 percent Mar 2022
GDP Annual Growth Rate 3.60 2.90 percent Mar 2022
GDP 299.16 271.84 USD Billion Dec 2021

Finland Full Year GDP Growth
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.
Actual Previous Highest Lowest Dates Unit Frequency
-2.80 1.20 7.20 -8.10 1976 - 2020 percent Yearly