Finnish Q2 GDP Growth Unchanged at 0.9%

Finland’s economy expanded 0.9% quarter-on-quarter in the second quarter of 2026, matching the growth rate recorded in the previous three-month period, preliminary estimates showed. It marked the strongest quarterly expansion since Q3 2021, signalling a sustained recovery in economic activity. On a yearly basis, Finland's GDP accelerated to 2.5% from 1.1% in the first quarter of 2026, marking the fastest pace of growth since the first quarter of 2022.

Finland’s economy expanded by 0.9% quarter-on-quarter in the first quarter of 2026, matching preliminary estimates and accelerating from a downwardly revised 0.3% growth in the previous quarter. The latest reading marked the strongest quarterly expansion since Q3 2021, largely supported by a sharp 30.8% increase (vs 2% in Q4 2025) in government spending, linked to defense investments, as deliveries of state-purchased fighter jets began. Net external demand also contributed positively to the GDP, as exports (3.2% vs -3.3%) grew more than imports (2.2% vs -0.9%). Additionally, household expenditures (0.9% vs 0.2%) rose at a faster pace. On the other hand, growth in private investments slowed to 0.4% from 2% in the prior period. On a yearly basis, the economy grew by 1.1% in Q1, the fastest rise since Q4 2024, after a 0.1% expansion in the preceding period.

Finland’s economy expanded 0.9% quarter-on-quarter in the first quarter of 2026, up from 0.4% in the previous quarter, according to preliminary estimates. This marked the strongest quarterly growth since Q3 2021, signalling a continued recovery in economic activity. On a year-on-year basis, Finland’s GDP accelerated to 1.3% in Q1 2026, picking up from 0.1% in the preceding quarter.