Industrial production in Finland rose by 0.7 percent year-on-year in February 2019, easing from a downwardly revised 2.5 percent advance in the previous month. It was the smallest increase in industrial production since July last year, as growth slowed for both manufacturing (1.4 percent vs 1.5 percent in January) and mining and quarrying (14.8 percent vs 17.6 percent) while electricity, gas, steam and air conditioning supply contracted sharply (-5.6 percent vs 5.6 percent). On a monthly basis, industrial production fell 1 percent in February, compared to a 0.2 percent rise in January. Industrial Production in Finland averaged 1.78 percent from 1996 until 2019, reaching an all time high of 23.70 percent in June of 2006 and a record low of -23.30 percent in May of 2009.

Industrial Production in Finland is expected to be 3.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Finland to stand at 3.40 in 12 months time. In the long-term, the Finland Industrial Production is projected to trend around 1.80 percent in 2020, according to our econometric models.

Finland Industrial Production
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-01-10 07:00 AM Industrial Production YoY 1.6% 2.3%
2019-02-08 07:00 AM Industrial Production YoY 3.3% 2.6% 2.1%
2019-03-08 07:00 AM Industrial Production YoY 2.6% 1.6% 3.5%
2019-04-10 06:00 AM Industrial Production YoY 0.7% 2.5% 2.1%
2019-05-10 06:00 AM Industrial Production YoY 0.7% 1.5%
2019-06-10 06:00 AM Industrial Production YoY 2.6%
2019-07-10 06:00 AM Industrial Production YoY 2.2%


Finland Business Last Previous Highest Lowest Unit
Business Confidence -1.00 -1.90 31.30 -37.30 Index Points [+]
Industrial Production 0.70 2.50 23.70 -23.30 percent [+]
Industrial Production Mom -1.00 0.20 9.20 -13.00 percent [+]
Manufacturing Production 1.40 1.50 24.20 -26.50 percent [+]
Capacity Utilization 83.20 84.10 88.80 63.90 percent [+]
New Orders 110.00 112.80 170.20 69.20 Index Points [+]
Changes in Inventories -230.00 1827.00 1827.00 -2529.00 EUR Million [+]
Bankruptcies 670.00 550.00 2038.00 459.00 Companies [+]
Car Registrations 9277.00 8084.00 25285.00 494.00 [+]
Leading Economic Index 1.70 2.13 9.15 -11.11 percent [+]
Internet Speed 20451.91 20587.41 20587.41 2732.51 KBps [+]
IP Addresses 2332434.00 2264535.00 3082796.00 1690714.00 IP [+]
Steel Production 237.40 315.00 455.00 91.00 Thousand Tonnes [+]
Mining Production 14.80 17.60 146.10 -63.90 percent [+]
Competitiveness Index 80.26 79.77 80.26 5.36 Points [+]
Competitiveness Rank 11.00 12.00 12.00 3.00 [+]
Ease of Doing Business 17.00 13.00 17.00 10.00 [+]
Electricity Production 6483.00 7380.00 8710.00 4306.00 Gigawatt-hour [+]
Corruption Index 85.00 85.00 100.00 85.00 Points [+]
Corruption Rank 3.00 3.00 6.00 1.00 [+]


Finland Industrial Production

In Finland, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 87 percent of total production. The biggest segments within Manufacturing are: chemicals (16 percent); electrical and electronics (13 percent); machinery and equipment (11 percent); paper and paper products (9 percent); fabricated metal products (8 percent); and food products (7 percent). Electricity, gas, steam and air conditioning supply accounts for 11 percent of total output; and Mining and quarrying account for 2 percent. This page provides - Finland Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Finland Industrial Production - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
0.70 2.50 23.70 -23.30 1996 - 2019 percent Monthly
2015=100, WDA




Country Last Previous
Argentina -8.50 Feb/19
Australia 2.80 Sep/18
Brazil 2.00 Feb/19
Canada 1.19 Jan/19
China 8.50 Mar/19
Euro Area -0.30 Feb/19
France 0.60 Feb/19
Germany -0.40 Feb/19
India 0.10 Feb/19
Indonesia 5.20 Jan/19
Italy 0.90 Feb/19
Japan -1.10 Feb/19
Mexico -0.80 Feb/19
Netherlands -0.30 Feb/19
Russia 1.20 Mar/19
Saudi Arabia 2.34 Sep/18
Singapore 0.70 Feb/19
South Africa 0.60 Feb/19
South Korea -2.70 Feb/19
Spain -0.30 Feb/19
Switzerland 5.10 Dec/18
Turkey -5.10 Feb/19
United Kingdom 0.10 Feb/19
United States 2.80 Mar/19


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