Finland GDP Growth Rate  1975-2018 | Data | Chart | Calendar | Forecast

The Finnish gross domestic product grew by 1.1 percent on quarter in the three months to March of 2018, following a 0.7 percent expansion in the previous period, a preliminary estimate showed. It was the strongest pace of expansion since the first quarter of 2017. On a yearly basis, the economy grew by 2.8 percent in the first quarter, following a 2.7 percent expansion in the previous three-month period. GDP Growth Rate in Finland averaged 0.53 percent from 1975 until 2018, 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
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Calendar GMT Actual Previous Consensus TEForecast
2018-02-14 07:00 AM GDP Growth Rate QoQ Prel 1.1% 0.4% 0.6%
2018-02-28 07:00 AM GDP Growth Rate QoQ Final 0.7% 0.2% 1.1% 1.1%
2018-05-15 06:00 AM GDP Growth Rate QoQ Prel 1.1% 0.7% 0.4%
2018-05-31 06:00 AM GDP Growth Rate QoQ Final 0.7% 1.1% 1.1%
2018-08-14 06:00 AM GDP Growth Rate QoQ Prel 0.5%
2018-08-31 06:00 AM GDP Growth Rate QoQ Final


Finland GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.10 0.70 5.00 -6.80 percent [+]
GDP Annual Growth Rate 2.80 2.70 7.60 -9.20 percent [+]
GDP 236.79 232.36 283.74 5.22 USD Billion [+]
GDP Constant Prices 49494.00 49156.00 50193.00 17125.00 EUR Million [+]
Gross National Product 50849.00 50665.00 50849.00 27880.00 EUR Million [+]
Gross Fixed Capital Formation 11215.00 11259.00 11889.00 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 1267.00 1272.00 1300.00 873.00 EUR Million [+]
GDP From Construction 2730.00 2727.00 3204.00 1774.00 EUR Million [+]
GDP From Manufacturing 7421.00 7339.00 10103.00 3242.00 EUR Million [+]
GDP From Public Administration 8090.00 8094.00 8510.00 7561.00 EUR Million [+]
GDP From Services 29723.00 29487.00 29723.00 18089.00 EUR Million [+]
GDP From Transport 2266.00 2240.00 2301.00 1639.00 EUR Million [+]
GDP From Utilities 1360.00 1354.00 1616.00 991.00 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 May of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.10 0.70 5.00 -6.80 1975 - 2018 percent Quarterly
SA, WDA




GDP growth rate by Country
Country Last
United States 2.30 Mar/18
India 1.80 Dec/17
Turkey 1.80 Dec/17
China 1.40 Mar/18
Mexico 1.10 Mar/18
South Korea 1.10 Mar/18
Spain 0.70 Mar/18
Switzerland 0.60 Dec/17
Netherlands 0.50 Mar/18
Australia 0.40 Dec/17
Canada 0.40 Dec/17
Euro Area 0.40 Mar/18
France 0.30 Mar/18
Germany 0.30 Mar/18
Italy 0.30 Mar/18
Brazil 0.10 Dec/17
United Kingdom 0.10 Mar/18
Japan -0.20 Mar/18
Russia -0.38 Dec/17
Indonesia -0.42 Mar/18


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