Finnish GDP Stalls in Q1

Finland’s economy stalled quarter-on-quarter in the first three months of 2025, compared to initial estimates of a 0.1% gain and following an upwardly revised 0.2% expansion in the previous quarter.

Household consumption rebounded, rising by 0.5% after a 0.5% decline in Q4 2024, while fixed investment also recovered, increasing by 0.3% following a 0.2% drop.

In contrast, government spending contracted by 2% in Q1 2025, reversing a 0.6% growth in the prior quarter.

In terms of external trade, exports of goods and services fell at a slower pace (-0.4% vs -1.9% in Q4), while imports (0.2% vs -1.4%) rebounded.

On an annual basis, Finland’s GDP grew by 0.8% in Q1 2025, down from an initial estimate of 1.2% advance and slowing from a downwardly revised 1% growth recorded in Q4 2024.