Finland's gross domestic product increased by 2.93 percent year-on-year in October 2018, slowing from an upwardly revised 3.41 percent growth in the prior month. Output expanded softer for both industry (4.50 percent vs 5.47 percent in September) and agriculture, forestry and fishing (3.10 percent vs 3.56 percent). Meanwhile, output grew faster for services (2.56 percent vs 2.52 percent). Leading Economic Index in Finland averaged 2.14 percent from 1996 until 2018, reaching an all time high of 9.19 percent in November of 2000 and a record low of -11.14 percent in September of 2009.

Leading Economic Index in Finland is expected to be 2.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Leading Economic Index in Finland to stand at 3.13 in 12 months time. In the long-term, the Finland Trend Indicator of Output YoY is projected to trend around 2.10 percent in 2020, according to our econometric models.

Finland Trend Indicator of Output YoY
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-14 06:00 AM GDP YoY 1.5% 2.8% 2.9%
2018-10-16 06:00 AM GDP YoY 2.3% 1.7% 2%
2018-11-14 07:00 AM GDP YoY 3.2% 2.6% 2.1%
2018-12-14 07:00 AM GDP YoY 2.9% 3.4% 1.9%
2019-01-16 07:00 AM GDP YoY 2.9%
2019-02-14 07:00 AM GDP YoY 2.20%
2019-03-15 07:00 AM GDP YoY


Finland Business Last Previous Highest Lowest Unit
Business Confidence 7.40 8.30 31.30 -37.30 Index Points [+]
Industrial Production 0.80 6.10 24.00 -22.20 percent [+]
Industrial Production Mom -2.50 2.30 11.40 -11.40 percent [+]
Manufacturing Production 0.90 7.20 24.20 -24.40 percent [+]
Capacity Utilization 84.10 84.70 88.80 63.90 percent [+]
New Orders 125.20 107.20 161.60 73.80 Index Points [+]
Changes in Inventories 1827.00 -29.00 1827.00 -2529.00 EUR Million [+]
Bankruptcies 591.00 635.00 2038.00 447.00 Companies [+]
Car Registrations 8662.00 7935.00 25285.00 494.00 [+]
Leading Economic Index 2.93 3.41 9.19 -11.14 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 352.10 331.30 455.00 91.00 Thousand Tonnes [+]
Mining Production 0.50 3.90 146.10 -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 6476.00 5865.00 8710.00 4306.00 Gigawatt-hour [+]
Corruption Index 85.00 89.00 100.00 85.00 Points [+]
Corruption Rank 3.00 3.00 6.00 1.00 [+]


Finland Trend Indicator of Output YoY

GDP YoY measures the change in the value of the goods and services produced by the country economy compared to the corresponding month in the previous year. This page provides the latest reported value for - Finland GDP YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Finland Trend Indicator of Output YoY - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.93 3.41 9.19 -11.14 1996 - 2018 percent Monthly
WDA




Country Last Previous
Argentina -4.50 Oct/18
Australia 0.10 Oct/18
Brazil 0.02 Oct/18
Canada -0.10 Sep/18
Japan 100.50 Oct/18
Mexico 2.10 Sep/18
Russia 2.50 Oct/18
Singapore 112.00 Sep/18
South Africa -0.20 Sep/18
South Korea 113.40 Oct/18
Turkey 0.33 Oct/18
United Kingdom 0.40 Oct/18
United States 124.54 Oct/18


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