Finland's gross domestic product advanced by 9 percent year-on-year in May 2021, accelerating from an upwardly revised 7.1 percent gain in the prior month. It was the third straight month of increase in the economy and the steepest pace since November 2000, as production grew faster for all sectors: services (10.8 percent vs 8.4 percent in April), agriculture, forestry and fishing (7.0 percent vs 6.7 percent) and manufacturing (4.9 percent vs 3.9 percent in April). source: Statistics Finland

Leading Economic Index in Finland averaged 1.98 percent from 1996 until 2021, reaching an all time high of 12.80 percent in March of 1998 and a record low of -11 percent in April of 2009. 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 - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.

Leading Economic Index in Finland is expected to be 2.00 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 0.90 in 12 months time. In the long-term, the Finland Trend Indicator of Output YoY is projected to trend around 2.00 percent in 2022, according to our econometric models.

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Finland Trend Indicator of Output YoY

Actual Previous Highest Lowest Dates Unit Frequency
9.00 7.10 12.80 -11.00 1996 - 2021 percent Monthly
WDA


Calendar GMT Actual Previous Consensus TEForecast
2021-04-15 05:00 AM Feb -0.6% -1.3%
2021-05-18 05:00 AM Mar 1.1% -0.7%
2021-06-15 05:00 AM Apr 6.4% 0.1% 4.7%
2021-07-15 05:00 AM May 9% 7.1%
2021-08-13 05:00 AM Jun 9%
2021-09-15 05:00 AM Jul
2021-10-15 05:00 AM Aug
2021-11-12 06:00 AM Sep


News Stream
Finnish May GDP Growth Strongest Since 2000
Finland's gross domestic product advanced by 9 percent year-on-year in May 2021, accelerating from an upwardly revised 7.1 percent gain in the prior month. It was the third straight month of increase in the economy and the steepest pace since November 2000, as production grew faster for all sectors: services (10.8 percent vs 8.4 percent in April), agriculture, forestry and fishing (7.0 percent vs 6.7 percent) and manufacturing (4.9 percent vs 3.9 percent in April).
2021-07-15
Finnish GDP Growth Accelerates in April
Finland's gross domestic product expanded by 6.4 percent year-on-year in April 2021, accelerating sharply from a downwardly revised 0.1 percent rise in the prior month. It was the second straight of increase in the economy, as production of both services (7.8 percent vs 1.1 percent in March) and agriculture, forestry and fishing (5.7 percent vs 4.1 percent) grew faster, while production of manufacturing recovered (3.0 percent vs -2.6 percent in March).
2021-06-15
Finnish Economy Expands for 1st Time in 4 Months
Finland's gross domestic product grew by 1.1 percent year-on-year in March 2021, rebounding from an upwardly revised 0.7 percent decline in the prior month. It was the first increase in the economy since last November, as production of services recovered sharply (2.2 percent vs -1.6 percent in February), while production of agriculture, forestry and fishing continued to expand (4.4 percent vs 12.7 percent). By contrast, production of manufacturing shrank by 1.7 percent, reversing from a 0.3 percent rise in the prior month.
2021-05-18
Finnish Economy Shrinks at Softer Pace
Finland's gross domestic product contracted by 0.6 percent year-on-year in February 2021, after a downwardly revised 1.3 percent drop in the prior month. It was the third straight month of decline in the economy, but the smallest contraction in the current sequence, as production of services fell much less (-1.4 percent vs -2.5 percent in January), while production of manufacturing expanded faster (0.9 percent vs 0.6 percent). Meantime, output of agriculture, forestry and fishing continued to grow (5.5 percent vs 8.8 percent).
2021-04-15

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.