Finnish Economy Expands 0.5% QoQ in Q3

Finland’s economy expanded by 0.5% quarter-on-quarter in the third quarter of 2026, edging up from 0.4% growth in the previous quarter, according to preliminary estimates. This marked the fourth consecutive period of economic expansion, following a period of stagnation in the third quarter of 2025. On a yearly basis, Finland’s GDP ticked up to 1.8% from 1.6% in the second quarter, marking the strongest annual growth since the fourth quarter of 2024.

Finland’s gross domestic product expanded 0.4% quarter-on-quarter in the second quarter of 2026, well below the preliminary estimate of 0.9% and slowing from a downwardly revised 0.8% growth in the previous period. The weaker performance was driven by declines in household consumption (-0.5% vs 0.6% in Q1), government spending (-0.3% vs 0%), and gross fixed capital formation (-8.5% vs 6.8%). Meanwhile, external demand supported growth as exports of goods and services jumped 5.7%, up from 2.3%, while imports rose 2.2% from 2%. On a yearly basis, GDP growth accelerated to 1.6% in Q2 from an upwardly revised 1.2% in the previous quarter, marking the strongest expansion since Q4 2024.

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.