Finland GDP Growth Rate  1975-2017 | Data | Chart | Calendar | Forecast

The Finnish gross domestic products expanded 0.4 percent on quater in the third quarter of 2017, much weaker than a preliminary estimates of a 1.1 percent growth, following an upwardly revised 0.8 percent expansion in the June quarter, and below market consensus of 1.1 percent expansion, final data showed. Private consumption rose less (0.5 percent from 0.9 percent in Q2) and net external demand contributed negatively. Exports fell 2 percent (-0.1 percent in Q2) and imports dropped 2.5 percent (2.2 percent in Q2). Meantime, both investment (2.3 percent from 1.2 percent) and government spending rose faster (1.1 percent from 0.1 percent). On a yearly basis, the economy grew by 3 percent, compared to an upwardly revised 3.6 percent expansion in the second quarter, and below market expectations of 3.6 percent expansion. GDP Growth Rate in Finland averaged 0.53 percent from 1975 until 2017, reaching an all time high of 5 percent in the third quarter of 1980 and a record low of -6.80 percent in the first quarter of 2009.

Finland GDP Growth Rate
width
height
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.



Calendar GMT Actual Previous Consensus TEForecast
2017-09-01 06:00 AM GDP Growth Rate QoQ Final 0.4% 1.2% -0.5% -0.5%
2017-11-14 07:00 AM GDP Growth Rate QoQ Prel 1.1% 0.4% 0.5%
2017-12-01 07:00 AM GDP Growth Rate QoQ Final 0.4% 0.8% 1.1% 1.1%
2018-02-14 07:00 AM GDP Growth Rate QoQ Prel 0.4%
2018-02-28 07:00 AM GDP Growth Rate QoQ Final 0.4%
2018-05-15 06:00 AM GDP Growth Rate QoQ Prel


Finland GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.40 0.80 5.00 -6.80 percent [+]
GDP Annual Growth Rate 3.00 3.60 7.60 -9.30 percent [+]
GDP 236.79 232.36 283.74 5.22 USD Billion [+]
GDP Constant Prices 42488.00 42285.00 50194.00 17125.00 EUR Million [+]
Gross National Product 50099.00 50633.00 50710.00 27892.00 EUR Million [+]
Gross Fixed Capital Formation 11490.00 11352.00 11955.00 3979.00 EUR Million [+]
GDP per capita 45709.08 45211.70 49363.70 12195.33 USD [+]
GDP per capita PPP 39422.65 38993.67 42574.64 25686.51 USD [+]
GDP From Agriculture 1270.00 1273.00 1297.00 873.00 EUR Million [+]
GDP From Construction 2753.00 2732.00 3177.00 1788.00 EUR Million [+]
GDP From Manufacturing 7463.00 7482.00 10106.00 3242.00 EUR Million [+]
GDP From Public Administration 8008.00 7987.00 8510.00 7560.00 EUR Million [+]
GDP From Services 29373.00 29192.00 29373.00 18086.00 EUR Million [+]
GDP From Transport 2241.00 2223.00 2317.00 1640.00 EUR Million [+]
GDP From Utilities 1384.00 1385.00 1614.00 991.00 EUR Million [+]


Finland GDP Growth Rate

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 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.40 0.80 5.00 -6.80 1975 - 2017 percent Quarterly
SA, WDA




GDP growth rate by Country
Country Last
United States 3.30 Sep/17
Indonesia 3.18 Sep/17
China 1.70 Sep/17
South Korea 1.50 Sep/17
India 1.40 Jun/17
Turkey 1.20 Sep/17
Russia 1.08 Jun/17
Germany 0.80 Sep/17
Spain 0.80 Sep/17
Australia 0.60 Sep/17
Euro Area 0.60 Sep/17
Japan 0.60 Sep/17
Switzerland 0.60 Sep/17
France 0.50 Sep/17
Canada 0.40 Sep/17
Italy 0.40 Sep/17
Netherlands 0.40 Sep/17
United Kingdom 0.40 Sep/17
Brazil 0.10 Sep/17
Mexico -0.30 Sep/17