Finland GDP Growth Rate

Last Release

Jun 30, 2025

Actual

-0.4

Units In

Frequency

Quarterly

Next Release

Nov 28, 2025

Time to Release

2 Months 27 Days 5 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 contracted by 0.4% quarter-on-quarter in the three months to June 2025, compared to both an initial estimate and the previous quarter of flat growth. This marked the first economic contraction since the fourth quarter of 2023, largely driven by a drop in household consumption, which fell by 1.3% after a 0.5% increase in the previous quarter. Net external demand also weighed on GDP, as exports of goods and services declined by 0.2%, slipping from a 3.1% increase in the first quarter, while imports rebounded by 2.5%, following a 0.9% drop. Meanwhile, government spending fell by 1%, though this was a softer decline compared to the 2% drop in the prior quarter. On a year-on-year basis, the country's GDP stalled, following an upwardly revised 1% expansion in the previous period.