The Finnish gross domestic product grew by 0.3 percent on quarter in the three months to September of 2018, the same pace as in the previous period, a preliminary estimate showed. It remained the weakest growth rate since the third quarter 2017. On a yearly basis, the economy grew by 2.2 percent, following a 2.5 percent expansion in the second quarter. GDP Growth Rate in Finland averaged 0.53 percent from 1975 until 2018, reaching an all time high of 5 percent in the third quarter of 1980 and a record low of -6.80 percent in the first quarter of 2009.

Finland GDP Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-14 06:00 AM GDP Growth Rate QoQ Prel 0.5% 1.2% 0.5%
2018-08-31 06:00 AM GDP Growth Rate QoQ Final 0.3% 1.2% 0.5% 0.5%
2018-11-14 07:00 AM GDP Growth Rate QoQ Prel 0.3% 0.3% 0.5%
2018-11-30 07:00 AM GDP Growth Rate QoQ Final 0.3% 0.3% 0.3%


Finland GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.30 0.30 5.00 -6.80 percent [+]
GDP Annual Growth Rate 2.20 2.50 7.60 -9.20 percent [+]
GDP 251.88 238.68 283.74 5.22 USD Billion [+]
GDP Constant Prices 50344.00 50174.00 50344.00 17125.00 EUR Million [+]
Gross National Product 51575.00 51422.00 51575.00 27880.00 EUR Million [+]
Gross Fixed Capital Formation 11392.00 11748.00 11889.00 3979.00 EUR Million [+]
GDP per capita 47057.62 45983.31 49363.70 12195.33 USD [+]
GDP per capita PPP 40585.72 39659.17 42574.64 25686.51 USD [+]
GDP From Agriculture 1367.00 1332.00 1367.00 873.00 EUR Million [+]
GDP From Construction 2799.00 2843.00 3204.00 1774.00 EUR Million [+]
GDP From Manufacturing 7849.00 7779.00 10103.00 3242.00 EUR Million [+]
GDP From Public Administration 8133.00 7954.00 8510.00 7561.00 EUR Million [+]
GDP From Services 29552.00 29796.00 29796.00 18089.00 EUR Million [+]
GDP From Transport 2281.00 2295.00 2301.00 1639.00 EUR Million [+]
GDP From Utilities 1569.00 1451.00 1616.00 991.00 EUR Million [+]


Finland GDP Growth Rate

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. . This page provides - Finland GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Finland GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.30 0.30 5.00 -6.80 1975 - 2018 percent Quarterly
SA, WDA




Country Last
Singapore 4.70 Sep/18
United States 3.50 Sep/18
Indonesia 3.09 Sep/18
India 1.90 Jun/18
China 1.60 Sep/18
Australia 0.90 Jun/18
Mexico 0.90 Sep/18
Russia 0.90 Jun/18
Turkey 0.90 Jun/18
Canada 0.70 Jun/18
Switzerland 0.70 Jun/18
South Korea 0.60 Sep/18
Spain 0.60 Sep/18
United Kingdom 0.60 Sep/18
France 0.40 Sep/18
Brazil 0.20 Jun/18
Euro Area 0.20 Sep/18
Netherlands 0.20 Sep/18
Italy 0.00 Sep/18
Saudi Arabia -0.05 Mar/18
Germany -0.20 Sep/18
Japan -0.30 Sep/18
South Africa -0.70 Jun/18
Argentina -4.00 Jun/18


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