Finland Real GDP Growth
Key information about Finland Real GDP Growth
- The Gross Domestic Product (GDP) in Finland contracted 0.3 % YoY in Mar 2023, following a growth of 0.1 % in the previous quarter.
- Real GDP Growth YoY data in Finland is updated quarterly, available from Mar 1976 to Mar 2023, with an average rate of 2.6 %.
- The data reached an all-time high of 8.2 % in Dec 1997 and a record low of -8.9 % in Mar 2009.
Related information about Finland Real GDP Growth
- In the latest reports, Nominal GDP of Finland reached 74.0 USD bn in Mar 2023.
- Its GDP deflator (implicit price deflator) increased 5.9 % in Mar 2023.
- GDP Per Capita in Finland reached 50,464.3 USD in Dec 2022.
- Its Gross Savings Rate was measured at 23.3 % in Mar 2023.
- For Nominal GDP contributions, Investment accounted for 21.9 % in Mar 2023.
- Public Consumption accounted for 25.3 % in Mar 2023.
- Private Consumption accounted for 51.4 % in Mar 2023.
View Finland's Real GDP Growth from Mar 1976 to Mar 2023 in the chart:
What was Finland's Real GDP Growth in Mar 2023?
The Gross Domestic Product (GDP) in Finland contracted 0.3 % YoY in Mar 2023, following a growth of 0.1 % in the previous quarter. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
-0.3 Mar 2023 | 0.1 Dec 2022 | -8.9 Mar 2009 | 8.2 Dec 1997 | % | quarterly | Mar 1976 - Mar 2023 |
Real GDP Growth by Country Comparison
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 4.7 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
Algeria (%) | 3.6 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
Argentina (%) | 1.2 Mar 2023 | quarterly | Mar 2005 - Mar 2023 |
Armenia (%) | 12.1 Mar 2023 | quarterly | Mar 2001 - Mar 2023 |
Australia (%) | 2.7 Dec 2022 | quarterly | Sep 1960 - Dec 2022 |
Austria (%) | 1.8 Mar 2023 | quarterly | Mar 1989 - Mar 2023 |
Azerbaijan (%) | 4.6 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
Bahrain (%) | 1.3 Jun 2024 | quarterly | Mar 2009 - Jun 2024 |
Bangladesh (%) | 7.1 2022 | yearly | 2007 - 2022 |
Belarus (%) | -2.0 Mar 2023 | quarterly | Mar 2006 - Mar 2023 |
Belgium (%) | 1.9 Sep 2022 | quarterly | Mar 1996 - Sep 2022 |
Bolivia (%) | 4.3 Jun 2022 | quarterly | Mar 1991 - Jun 2022 |
Bosnia and Herzegovina (%) | 2.6 Sep 2022 | quarterly | Mar 2009 - Sep 2022 |
Botswana (%) | 6.3 Sep 2022 | quarterly | Mar 1995 - Sep 2022 |
Brazil (%) | 3.4 Mar 2023 | quarterly | Mar 1997 - Mar 2023 |
Brunei (%) | 0.9 Sep 2022 | quarterly | Mar 2005 - Sep 2022 |
Bulgaria (%) | 2.3 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
Cambodia (%) | 5.3 2022 | yearly | 1994 - 2022 |
Canada (%) | 2.1 Dec 2022 | quarterly | Mar 1962 - Dec 2022 |
Chile (%) | -0.1 Sep 2022 | quarterly | Mar 1987 - Sep 2022 |
China (%) | 4.5 Mar 2023 | quarterly | Mar 1992 - Mar 2023 |
Colombia (%) | 2.9 Dec 2022 | quarterly | Mar 2001 - Dec 2022 |
Croatia (%) | 4.0 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
Cyprus (%) | 3.4 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
Czech Republic (%) | 0.2 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
Denmark (%) | 1.5 Dec 2022 | quarterly | Mar 1992 - Dec 2022 |
Ecuador (%) | 3.2 Sep 2022 | quarterly | Mar 1994 - Sep 2022 |
Egypt (%) | 4.4 Sep 2022 | quarterly | Sep 2002 - Sep 2022 |
Estonia (%) | -4.4 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
European Union (%) | 1.3 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
Finland (%) | -0.3 Mar 2023 | quarterly | Mar 1976 - Mar 2023 |
France (%) | 0.9 Mar 2023 | quarterly | Mar 1950 - Mar 2023 |
Georgia (%) | 9.7 Dec 2022 | quarterly | Mar 1998 - Dec 2022 |
Germany (%) | -0.5 Mar 2023 | quarterly | Mar 1992 - Mar 2023 |
Ghana (%) | 1.7 Sep 2024 | quarterly | Jun 2006 - Sep 2024 |
Greece (%) | 5.2 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
Hong Kong SAR, China (%) | 2.8 Mar 2023 | quarterly | Mar 1991 - Mar 2023 |
Hungary (%) | 0.8 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
Iceland (%) | 6.1 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
India (%) | 4.4 Dec 2022 | quarterly | Jun 2005 - Dec 2022 |
Indonesia (%) | 5.0 Dec 2022 | quarterly | Mar 1994 - Dec 2022 |
Iran (%) | 5.0 Mar 2022 | quarterly | Jun 1989 - Mar 2022 |
Ireland (%) | -0.3 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
Israel (%) | 2.5 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
Italy (%) | 1.4 Dec 2022 | quarterly | Mar 1982 - Dec 2022 |
Ivory Coast (%) | 6.8 2022 | yearly | 1966 - 2022 |
Japan (%) | 0.4 Dec 2022 | quarterly | Mar 1956 - Dec 2022 |
Jordan (%) | 2.8 Mar 2023 | quarterly | Mar 1993 - Mar 2023 |
Kazakhstan (%) | 3.4 Mar 2023 | quarterly | Mar 2006 - Mar 2023 |
Kenya (%) | 5.2 Sep 2022 | quarterly | Mar 2010 - Sep 2022 |
South Korea (%) | 1.3 Dec 2022 | quarterly | Mar 1961 - Dec 2022 |
Kosovo (%) | 4.0 Sep 2024 | quarterly | Mar 2011 - Sep 2024 |
Kuwait (%) | -1.6 Jun 2024 | quarterly | Jun 2010 - Jun 2024 |
Kyrgyzstan (%) | 7.0 Dec 2022 | quarterly | Mar 2007 - Dec 2022 |
Laos (%) | 3.5 2021 | yearly | 2003 - 2021 |
Latvia (%) | 0.4 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
Lebanon (%) | 2.0 2021 | yearly | 2012 - 2021 |
Lithuania (%) | -0.4 Dec 2022 | quarterly | Jun 1995 - Dec 2022 |
Luxembourg (%) | -2.2 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
Macau SAR, China (%) | -23.4 Dec 2022 | quarterly | Mar 2002 - Dec 2022 |
North Macedonia (%) | 0.6 Dec 2022 | quarterly | Mar 2001 - Dec 2022 |
Malawi (%) | 4.0 2018 | yearly | 2003 - 2018 |
Malaysia (%) | 7.0 Dec 2022 | quarterly | Mar 2001 - Dec 2022 |
Malta (%) | 4.6 Mar 2024 | quarterly | Mar 2001 - Mar 2024 |
Mauritius (%) | 7.4 Sep 2022 | quarterly | Mar 2001 - Sep 2022 |
Mexico (%) | 3.7 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
Moldova (%) | -10.3 Sep 2022 | quarterly | Mar 1996 - Sep 2022 |
Mongolia (%) | 7.7 Dec 2022 | quarterly | Mar 2011 - Dec 2022 |
Montenegro (%) | 2.7 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
Morocco (%) | 0.5 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
Mozambique (%) | 2.0 Dec 2018 | quarterly | Jun 2007 - Dec 2018 |
Myanmar (%) | 3.3 2023 | yearly | 2011 - 2023 |
Nepal (%) | 1.0 Jun 2024 | quarterly | Dec 2004 - Jun 2024 |
Netherlands (%) | 2.1 Mar 2023 | quarterly | Mar 1997 - Mar 2023 |
New Zealand (%) | 1.8 Mar 2023 | quarterly | Jun 1983 - Mar 2023 |
Nigeria (%) | 2.3 Mar 2023 | quarterly | Mar 2011 - Mar 2023 |
Norway (%) | 1.8 Dec 2022 | quarterly | Mar 1979 - Dec 2022 |
Oman (%) | 3.1 2021 | yearly | 1999 - 2021 |
Pakistan (%) | 1.7 2023 | yearly | 2001 - 2023 |
Palestinian Territory (%) | 4.8 Jun 2024 | quarterly | Jun 2000 - Jun 2024 |
Panama (%) | 9.5 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
Paraguay (%) | 5.2 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
Peru (%) | -0.4 Mar 2023 | quarterly | Mar 1981 - Mar 2023 |
Philippines (%) | 7.1 Dec 2022 | quarterly | Mar 1999 - Dec 2022 |
Poland (%) | 0.4 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
Portugal (%) | 1.8 Jun 2019 | quarterly | Mar 1996 - Jun 2019 |
Qatar (%) | -0.0 Dec 2023 | quarterly | Mar 2012 - Dec 2023 |
Romania (%) | 2.9 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
Russia (%) | -2.6 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
Saudi Arabia (%) | -3.7 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
Serbia (%) | 4.5 Sep 2019 | quarterly | Mar 1997 - Sep 2019 |
Singapore (%) | 0.4 Mar 2023 | quarterly | Mar 1976 - Mar 2023 |
Slovakia (%) | 1.2 Dec 2022 | quarterly | Mar 1994 - Dec 2022 |
Slovenia (%) | 1.0 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
South Africa (%) | 1.3 Dec 2022 | quarterly | Mar 1961 - Dec 2022 |
Spain (%) | 2.7 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
Sri Lanka (%) | -12.4 Dec 2022 | quarterly | Mar 2011 - Dec 2022 |
Sudan (%) | -1.9 2021 | yearly | 1983 - 2021 |
Sweden (%) | -0.1 Dec 2022 | quarterly | Mar 1982 - Dec 2022 |
Switzerland (%) | 0.7 Mar 2023 | quarterly | Mar 1966 - Mar 2023 |
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Learn more about what we doFinland Key Series
Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | -4.0 Jun 2024 | quarterly | Dec 1999 - Jun 2024 |
Consolidated Fiscal Balance (USD mn) | -2,155.263 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
Tax Revenue (USD mn) | 24,785.530 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
Tax Revenue: % of GDP (%) | 33.0 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
National Government Debt (USD mn) | 234,920.1 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
Government Debt: % of GDP (%) | 81.5 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
Forecast: Government Expenditure (EUR bn) | 185.332 2029 | yearly | 1980 - 2029 |
Forecast: Government Net Debt (EUR bn) | 288.450 2029 | yearly | 1980 - 2029 |
Forecast: Government Revenue (EUR bn) | 178.392 2029 | yearly | 1980 - 2029 |
GG: Expenditure (EUR mn) | 39,809.000 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
GG: Net Lending/Net Borrowing (EUR mn) | -2,002.000 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
General Government (GG): Revenue (EUR mn) | 37,807.000 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 3.200 2029 | yearly | 1981 - 2029 |
Trade Balance (USD mn) | -359.5 Oct 2024 | monthly | Jan 1992 - Oct 2024 |
Total Exports (USD mn) | 6,326.3 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
Total Exports Growth (%) | -2.7 Oct 2024 | monthly | Jan 2000 - Oct 2024 |
Aluminum: Exports (USD th) | 194,703.361 2023 | yearly | 1995 - 2023 |
Exports: Medicament (USD th) | 1,485,459.490 2023 | yearly | 1995 - 2023 |
Exports: Medicinal and Pharmaceutical Product (USD th) | 356,903.326 2023 | yearly | 1995 - 2023 |
Total Imports (USD mn) | 6,760.5 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
Total Imports Growth (%) | 2.7 Oct 2024 | monthly | Jan 2000 - Oct 2024 |
Imports: Medicament (USD th) | 1,932,683.682 2023 | yearly | 1995 - 2023 |
Imports: Medicinal and Pharmaceutical Product (USD th) | 682,886.133 2023 | yearly | 1995 - 2023 |
Total Exports to USA (USD mn) | 664.551 Jun 2024 | monthly | Apr 1964 - Jun 2024 |
Total Imports from USA (USD mn) | 341.136 Jun 2024 | monthly | Jan 1996 - Jun 2024 |
Total Exports to China (USD mn) | 273.285 Sep 2024 | monthly | Feb 1981 - Sep 2024 |
Total Imports from China (USD mn) | 751.843 Sep 2024 | monthly | Jan 1996 - Sep 2024 |
Exports: SITC: Chemicals and Related Products (CP) (EUR) | 658,963,444.000 Sep 2024 | monthly | Jan 1996 - Sep 2024 |
Exports: SITC: BM: Paper, Paperboard and Articles Thereof (EUR) | 525,298,190.000 Sep 2024 | monthly | Jan 1996 - Sep 2024 |
Exports: SITC: Basic Manufactures (BM) (EUR) | 1,655,654,440.000 Sep 2024 | monthly | Jan 1996 - Sep 2024 |
Exports: SITC: Machinery, Transport Equipment (MT) (EUR) | 2,252,174,041.000 Sep 2024 | monthly | Jan 1996 - Sep 2024 |
Exports: SITC: MT: Telecommunication, Sound Recording Equipment (EUR) | 50,003,220.00 Feb 2018 | monthly | Jan 1996 - Feb 2018 |
Exports: Europe: Russia (EUR) | 30,946,174.000 Sep 2024 | monthly | Jan 1996 - Sep 2024 |
Exports: SITC (EUR) | 6,500,968,565.000 Sep 2024 | monthly | Jan 1996 - Sep 2024 |
Exports: North America: United States of America (EUR) | 617,439,987.000 Jun 2024 | monthly | Jan 1996 - Jun 2024 |
Exports: Europe: Sweden (EUR) | 681,229,078.000 Sep 2024 | monthly | Jan 1996 - Sep 2024 |
Exports: Europe: Germany (EUR) | 689,813,636.000 Sep 2024 | monthly | Jan 1996 - Sep 2024 |
Exports: Europe: Netherlands (EUR) | 536,451,918.000 Sep 2024 | monthly | Jan 1996 - Sep 2024 |
Exports: sa (EUR mn) | 5,806.600 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
Imports: SITC (EUR) | 6,230,962,991.000 Sep 2024 | monthly | Jan 1996 - Sep 2024 |
Imports: SITC: BM: Iron and Steel (EUR) | 134,297,245.000 Sep 2024 | monthly | Jan 1996 - Sep 2024 |
Imports: SITC: Chemicals and Related Products (CP) (EUR) | 654,180,075.000 Sep 2024 | monthly | Jan 1996 - Sep 2024 |
Imports: SITC: Food and Live Animals (FA) (EUR) | 449,343,601.000 Sep 2024 | monthly | Jan 1996 - Sep 2024 |
Imports: SITC: MF: Petroleum and Products (EUR) | 701,250,097.000 Sep 2024 | monthly | Jan 1996 - Sep 2024 |
Imports: SITC: Machinery, Transport Equipment (MT) (EUR) | 2,137,053,354.000 Sep 2024 | monthly | Jan 1996 - Sep 2024 |
Imports: Europe: Russia (EUR) | 82,846,524.000 Sep 2024 | monthly | Jan 1996 - Sep 2024 |
Imports: Europe: Netherlands (EUR) | 327,720,794.000 Sep 2024 | monthly | Jan 1996 - Sep 2024 |
Imports: Europe: Germany (EUR) | 945,226,780.000 Sep 2024 | monthly | Jan 1996 - Sep 2024 |
Imports: Europe: Sweden (EUR) | 638,486,099.000 Sep 2024 | monthly | Jan 1996 - Sep 2024 |
Imports: Rest of Asia: China (EUR) | 677,091,919.000 Sep 2024 | monthly | Jan 1996 - Sep 2024 |
Imports: sa (EUR mn) | 6,205.126 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
BOF Forecast: Imports Volume Index: 2015=100 (2015=100) | 126.200 2024 | yearly | 2020 - 2024 |
Import Value Index (2015=100) | 142.272 2021 | yearly | 1995 - 2021 |
Export Value Index (2015=100) | 137.035 2021 | yearly | 1995 - 2021 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 1.4 Jun 2024 | quarterly | Dec 2014 - Jun 2024 |
Household Debt: % of GDP (%) | 75.9 2023 | yearly | 1995 - 2023 |
Non-Performing Loans (USD mn) | 7,578.033 Jun 2024 | quarterly | Dec 2014 - Jun 2024 |
Money Supply M1 (USD mn) | 151,527.235 Sep 2024 | monthly | Jan 1980 - Sep 2024 |
Money Supply M2 (USD mn) | 172,856.357 Oct 2024 | monthly | Jan 1980 - Oct 2024 |
M2 Growth (%) | -0.5 Oct 2024 | monthly | Jan 1981 - Oct 2024 |
Reserve Requirement Ratio (%) | 1.0 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
Foreign Exchange Reserves (USD mn) | 8,388.7 Oct 2024 | monthly | Jan 2000 - Oct 2024 |
Foreign Exchange Reserves: % of GDP (%) | 2.787 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
Foreign Exchange Reserves: Months of Import (NA) | 1.2 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
Gold Reserves (USD mn) | 4,353.941 Oct 2024 | monthly | Jan 1970 - Oct 2024 |
Total Deposits (USD mn) | 224,749.516 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
Total Deposits Growth (%) | -0.6 Oct 2024 | monthly | Jan 2000 - Oct 2024 |
Domestic Credit (USD mn) | 400,625.3 Aug 2024 | monthly | Jan 1999 - Aug 2024 |
Domestic Credit Growth (%) | -4.8 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
Debt Service Ratio: Households (%) | 8.400 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
Debt Service Ratio: Private Non-Financial Sector (%) | 20.900 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
Credit to Households (USD bn) | 193.601 Dec 2023 | quarterly | Dec 1970 - Dec 2023 |
Credit to Private Non-Financial Sector (USD bn) | 545.930 Dec 2023 | quarterly | Dec 1970 - Dec 2023 |
Household Debt (USD mn) | 229,428.1 2023 | yearly | 1995 - 2023 |
Total Loans (USD mn) | 307,214.268 Oct 2024 | monthly | Dec 1998 - Oct 2024 |
Total Loans Growth (%) | 0.86 Oct 2024 | monthly | Dec 1999 - Oct 2024 |
Private Debt: % of Nominal GDP (%) | 91.50 Sep 2024 | quarterly | Sep 1997 - Sep 2024 |
Currency in Circulation (EUR mn) | 26,581.284 Oct 2024 | monthly | Jan 1980 - Oct 2024 |
Monetary Aggregates: M3: M2 (EUR mn) | 159,241.231 Oct 2024 | monthly | Jan 1980 - Oct 2024 |
Monetary Aggregates: M3 (EUR mn) | 204,134.000 Oct 2024 | monthly | Jan 1980 - Oct 2024 |
Monetary Aggregates: M3: M2: M1: Overnight Deposits (EUR mn) | 133,668.590 Oct 2024 | monthly | Jan 1980 - Oct 2024 |
Official Reserve Assets (EUR mn) | 16,888.000 Oct 2024 | monthly | Jan 2000 - Oct 2024 |
Official Reserve Assets: Foreign Currency Reserve (EUR mn) | 7,575.000 Oct 2024 | monthly | Jan 2000 - Oct 2024 |
Official Reserve Assets: Gold: incl Gold Deposits and Gold Swapped (EUR mn) | 1,767.000 Dec 2018 | monthly | Jan 2000 - Dec 2018 |
MFIs Deposits: Euro Area: in EUR: NF: Households (EUR mn) | 114,423.067 Oct 2024 | monthly | Sep 1997 - Oct 2024 |
Business and Economic Survey | Last | Frequency | Range |
---|---|---|---|
Business Confidence Growth (% Point) | 13.3 Nov 2024 | monthly | Jan 1994 - Nov 2024 |
More Indicators for Finland
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