Finland GDP Growth RateFinland GDP Growth RateFinland GDP Growth Rate

Finland GDP Growth Rate

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Key data points


Last release
Observation period
Q3 2024
Next release
Forecast
Highest
5.00% on Sep 30, 2020
Lowest
−6.50% on Mar 31, 2009

About Finland GDP Growth Rate


Category
GDP
Frequency
Quarterly
Units
%
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..