Finland GDP Growth Rate

Last Release

Mar 31, 2025

Actual

Units In

0.1

Frequency

Quarterly

Next Release

Aug 29, 2025

Time to Release

2 Months 28 Days 1 Hours

Highest	Lowest	Average	Date Range	Source
5 Sep 1980	-6.5 Mar 2009	0.48 %	1975-2025	Statistics Finland

Although services account for 65 percent of Finnish economy, key sector is manufacturing, mainly wood, metals, engineering, telecommunications, and electronics industries. On the expenditure side, household consumption is the main component of GDP and accounts for 55 percent of its total use, followed by government expenditure (25 percent) and gross fixed capital formation (20 percent). Exports of goods and services account for 38 percent of GDP while imports account for 39 percent, subtracting 1 percent of total GDP. .

Latest Updates

Finland’s economy stalled quarter-on-quarter in the first three months of 2025, compared to initial estimates of a 0.1% gain and following an upwardly revised 0.2% expansion in the previous quarter. Household consumption rebounded, rising by 0.5% after a 0.5% decline in Q4 2024, while fixed investment also recovered, increasing by 0.3% following a 0.2% drop. In contrast, government spending contracted by 2% in Q1 2025, reversing a 0.6% growth in the prior quarter. In terms of external trade, exports of goods and services fell at a slower pace (-0.4% vs -1.9% in Q4), while imports (0.2% vs -1.4%) rebounded. On an annual basis, Finland’s GDP grew by 0.8% in Q1 2025, down from an initial estimate of 1.2% advance and slowing from a downwardly revised 1% growth recorded in Q4 2024.