Finland GDP Annual Growth Rate  1976-2017 | Data | Chart | Calendar

The Finnish gross domestic products expanded 2.7 percent year-on-year in the first quarter of 2017, following an upwardly revised 1.8 percent expansion in the previous period but slightly below a preliminary estimate of 2.8 percent, final data showed. It was the strongest growth rate since the third quarter of 2011. GDP Annual Growth Rate in Finland averaged 2.14 percent from 1976 until 2017, 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.

Finland GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus Forecast (i)
2017-03-01 07:00 AM Q4 1.3% 1.9% 0.2% 0.2%
2017-05-16 06:00 AM Q1 2.8% 1.3% 1.8%
2017-06-01 06:00 AM Q1 2.7% 1.8% 2.8% 2.8%
2017-08-15 06:00 AM Q2 2.7% 2.5%
2017-09-01 06:00 AM Q2 2.7% 2.5%
2017-11-14 07:00 AM Q3 2.4%




Finland GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.20 0.60 5.00 -6.80 percent [+]
GDP Annual Growth Rate 2.70 1.80 7.60 -9.30 percent [+]
GDP 232.40 272.60 283.74 5.22 USD Billion [+]
GDP Constant Prices 48412.00 47860.00 50198.00 17125.00 EUR Million [+]
Gross National Product 48704.00 48469.00 50738.00 27910.00 EUR Million [+]
Gross Fixed Capital Formation 10899.00 10490.00 11889.00 3979.00 EUR Million [+]
GDP per capita 45214.40 45242.10 49366.64 12196.05 USD [+]
GDP per capita PPP 38993.67 39017.54 42574.64 25686.51 USD [+]
GDP From Agriculture 1236.00 1227.00 1259.00 873.00 EUR Million [+]
GDP From Construction 2737.00 2683.00 3177.00 1787.00 EUR Million [+]
GDP From Manufacturing 7428.00 6968.00 10106.00 3242.00 EUR Million [+]
GDP From Public Administration 7756.00 7827.00 8498.00 7561.00 EUR Million [+]
GDP From Services 29007.00 28757.00 29007.00 18089.00 EUR Million [+]
GDP From Transport 2225.00 2178.00 2302.00 1638.00 EUR Million [+]
GDP From Utilities 1537.00 1554.00 1617.00 993.00 EUR Million [+]


Finland GDP Annual Growth Rate Notes

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 June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2.70 1.80 7.60 -9.30 1976 - 2017 percent Quarterly
WDA



gdp annual growth rate by Country

Last
China 6.90 Mar/17
India 6.10 Mar/17
Indonesia 5.01 Mar/17
Turkey 5.00 Mar/17
Netherlands 3.20 Mar/17
Spain 3.00 Mar/17
South Korea 2.90 Mar/17
Mexico 2.80 Mar/17
Canada 2.30 Mar/17
United Kingdom 2.00 Mar/17
United States 2.00 Mar/17
Euro Area 1.90 Mar/17
Australia 1.70 Mar/17
Germany 1.70 Mar/17
Japan 1.30 Mar/17
Italy 1.20 Mar/17
Switzerland 1.10 Mar/17
France 1.00 Mar/17
Russia 0.50 Mar/17
Brazil -0.40 Mar/17