Finland GDP Growth Rate

Last Release

Dec 31, 2024

Actual

0.1

Units In

0.3

Frequency

Quarterly

Next Release

May 30, 2025

Time to Release

29 Days 21 Hours

Highest	Lowest	Average	Date Range	Source
5 Sep 1980	-6.5 Mar 2009	0.49 %	1975-2024	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 grew 0.1% quarter-on-quarter in the first three months of 2025, rebounding from a 0.2% contraction in the previous three-month period, a preliminary estimate showed. Compared to the same period last year, Finnish GDP grew by 1.2% in the first quarter, unchanged from the previous three-month period and marking the third consecutive quarter of economic expansion.