Finland GDP Annual Growth Rate

The Finnish gross domestic product grew by 2.4 percent year-on-year in the three months to September of 2018, compared to a downwardly revised 2.3 percent expansion in the previous period and higher than a preliminary estimate of 2.2 percent growth, final figure showed. GDP Annual Growth Rate in Finland averaged 2.18 percent from 1976 until 2018, 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.

GDP Annual Growth Rate in Finland is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Finland to stand at 2.10 in 12 months time. In the long-term, the Finland GDP Annual Growth Rate is projected to trend around 1.40 percent in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2018-08-14	06:00 AM	GDP Growth Rate YoY Prel	2.9%	3.1%		2.5%
2018-08-31	06:00 AM	GDP Growth Rate YoY Final	2.5%	2.8%	3%	2.9%
2018-11-14	07:00 AM	GDP Growth Rate YoY Prel	2.2%	2.5%		2.2%
2018-11-30	07:00 AM	GDP Growth Rate YoY Final	2.4%	2.3%	2.2%	2.2%
2019-02-14	07:00 AM	GDP Growth Rate YoY Prel		2.4%		2.30%
2019-02-28	07:00 AM	GDP Growth Rate YoY Final		2.4%		2.30%
2019-05-15	06:00 AM	GDP Growth Rate YoY Prel				2.20%

Finland GDP	Last	Previous	Highest	Lowest	Unit
GDP Growth Rate	0.40	0.30	5.00	-6.80	percent	[+]
GDP Annual Growth Rate	2.40	2.30	7.60	-9.30	percent	[+]
GDP	251.88	238.68	283.74	5.22	USD Billion	[+]
GDP Constant Prices	50441.00	50344.00	50441.00	17125.00	EUR Million	[+]
Gross National Product	50328.00	51575.00	51575.00	27880.00	EUR Million	[+]
Gross Fixed Capital Formation	11108.00	11392.00	11889.00	3979.00	EUR Million	[+]
GDP per capita	47057.62	45983.31	49363.70	12195.33	USD	[+]
GDP per capita PPP	40585.72	39659.17	42574.64	25686.51	USD	[+]
GDP From Agriculture	1339.00	1367.00	1367.00	873.00	EUR Million	[+]
GDP From Construction	2777.00	2799.00	3204.00	1774.00	EUR Million	[+]
GDP From Manufacturing	7937.00	7849.00	10103.00	3242.00	EUR Million	[+]
GDP From Public Administration	7979.00	8133.00	8510.00	7561.00	EUR Million	[+]
GDP From Services	29718.00	29552.00	29796.00	18089.00	EUR Million	[+]
GDP From Transport	2287.00	2281.00	2301.00	1639.00	EUR Million	[+]
GDP From Utilities	1549.00	1569.00	1616.00	991.00	EUR Million	[+]

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 December of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	2.40	2.30	7.60	-9.30	1976 - 2018	percent	Quarterly	WDA

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Country	Last		Previous	Range
India	7.10	Sep/18	8.2	11.4 : -5.2	%
China	6.50	Sep/18	6.7	15.4 : 3.8	%
Indonesia	5.17	Sep/18	5.27	7.16 : 1.56	%
United States	3.00	Sep/18	2.9	13.4 : -3.9	%
Australia	2.80	Sep/18	3.1	9 : -3.4	%
Mexico	2.50	Sep/18	2.6	9 : -9.1	%
Spain	2.50	Sep/18	2.5	5.6 : -4.3	%
Netherlands	2.40	Sep/18	3.1	6.1 : -4.6	%
Switzerland	2.40	Sep/18	3.5	5.8 : -3.7	%
Singapore	2.20	Sep/18	4.1	19 : -8.8	%
South Korea	2.00	Sep/18	2.8	20.8 : -7.3	%
Canada	1.90	Jun/18	2.3	9.3 : -4.1	%
Saudi Arabia	1.61	Jun/18	1.15	24.2 : -20.7	%
Euro Area	1.60	Sep/18	2.2	5 : -5.5	%
Turkey	1.60	Sep/18	5.3	11.7 : -14.4	%
United Kingdom	1.50	Sep/18	1.2	9.7 : -6.1	%
France	1.40	Sep/18	1.6	12.6 : -3.8	%
Brazil	1.30	Sep/18	0.9	10.1 : -5.5	%
Russia	1.30	Sep/18	1.9	12.1 : -11.2	%
Germany	1.10	Sep/18	2	7.2 : -6.8	%
South Africa	1.10	Sep/18	0.4	7.1 : -2.6	%
Italy	0.70	Sep/18	1.2	10.3 : -7.2	%
Japan	0.00	Sep/18	1.4	9.4 : -8.8	%
Argentina	-4.20	Jun/18	3.9	16.2 : -16.3	%