The Finnish gross domestic product advanced 0.8 percent quarter-on-quarter in the September quarter of 2021, compared with the flash data of 0.9% and after an upwardly revised 2.2 percent expansion in the prior quarter. Government spending growth eased (0.4 percent vs 0.6 percent in Q2), amid a contraction in fixed investment (-3.1 percent vs 1.5 percent). On the other hand, private consumption rose much faster (1.3 percent vs 0.2 percent), while net foreign demand contributed positively to the GDP with exports growing by (4.1 percent vs 1 percent in Q2) and imports rising at a softer 2.9 percent (vs 2.4 percent). On a yearly basis, the economy expanded 4.2 percent, moderating sharply from an upwardly revised 9.2 percent growth in the June quarter. source: Statistics Finland
GDP Growth Rate in Finland averaged 0.51 percent from 1975 until 2021, reaching an all time high of 5 percent in the third quarter of 1980 and a record low of -6.50 percent in the first quarter of 2009. This page provides - Finland GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Finland GDP Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.
GDP Growth Rate in Finland is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Finland GDP Growth Rate is projected to trend around 0.40 percent in 2022, according to our econometric models.