Key data points
Last release
—
Observation period
Q4 2023
Next release
—
Forecast
—
Highest
5.00% on Sep 30, 2020
Lowest
−6.50% on Mar 31, 2009
About 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.