The gross domestic product (GDP) in current prices in Finland was forecast to continuously increase between 2024 and 2029 by in total 65.2 billion U.S. dollars (+21.3 percent). After the seventh consecutive increasing year, the GDP is estimated to reach 371.3 billion U.S. dollars and therefore a new peak in 2029. This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.Find more key insights for the gross domestic product (GDP) in current prices in countries like Denmark, Norway, and Sweden.

The Gross Domestic Product (GDP) in Finland contracted 0.20 percent in the fourth quarter of 2024 over the previous quarter. This dataset provides - Finland GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The GDP of 2024 is estimated at 279 billion euros, while the GDP in 2023 was 275 billion euros. The gross domestic product is forecasted to continue to grow to an estimate of 301 billion euros.

The Gross Domestic Product (GDP) in Finland expanded 1.20 percent in the fourth quarter of 2024 over the same quarter of the previous year. This dataset provides - Finland GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Real Gross Domestic Product for Finland (CLVMNACSCAB1GQFI) from Q1 1990 to Q4 2024 about Finland, real, and GDP.

The growth of the real gross domestic product (GDP) in Finland was forecast to increase between 2024 and 2029 by in total 1.7 percentage points. This overall increase does not happen continuously, notably not in 2026, 2027, 2028 and 2029. The growth is estimated to amount to 1.52 percent in 2029. Following the definition of the International Monetary Fund, this indicator refers to the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.Find more key insights for the growth of the real gross domestic product (GDP) in countries like Norway, Iceland, and Sweden.

GDP from Construction in Finland decreased to 2398 EUR Million in the fourth quarter of 2024 from 2419 EUR Million in the third quarter of 2024. This dataset provides - Finland Gdp From Construction- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP from Public Administration in Finland decreased to 10584 EUR Million in the fourth quarter of 2024 from 10712 EUR Million in the third quarter of 2024. This dataset provides - Finland Gdp From General Government Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.

According to a forecast, Finland's total output is expected to decrease by 0.2 percent in 2024. The GDP growth is projected at 1.7 percent in 2025 and at 1.5 percent in 2026.

Key information about Finland Tax revenue: % of GDP

• Finland Tax revenue: % of GDP was reported at 27.9 % in Sep 2024.
• This records a decrease from the previous number of 32.8 % for Jun 2024.
• Finland Tax revenue: % of GDP data is updated quarterly, averaging 31.7 % from Mar 1999 to Sep 2024, with 103 observations.
• The data reached an all-time high of 37.9 % in Jun 2000 and a record low of 24.7 % in Dec 2009.
• Finland Tax revenue: % of GDP data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: % of Nominal GDP: Quarterly.

CEIC calculates quarterly Tax Revenue as % of Nominal GDP from quarterly Tax Revenue and quarterly Nominal GDP. Tax Revenue is calculated as Taxes on Production and Imports, Other Taxes on Production, Current Taxes on Income, Wealth, Etc and Tax on Capital. Statistics Finland provides Tax Revenue in EUR and Nominal GDP in EUR.

Consumption as percent of GDP in Finland, December, 2024 The most recent value is 50.65 percent as of Q4 2024, a decline compared to the previous value of 52.64 percent. Historically, the average for Finland from Q1 1990 to Q4 2024 is 51.21 percent. The minimum of 46.48 percent was recorded in Q4 2000, while the maximum of 54.85 percent was reached in Q2 1993. | TheGlobalEconomy.com

Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Government Final Consumption Expenditure for Finland (NAEXKP03FIA657S) from 1991 to 2024 about Finland, consumption expenditures, consumption, government, real, and GDP.

Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Less: Imports of Goods and Services for Finland (NAEXKP07FIQ657S) from Q2 1990 to Q3 2024 about Finland, imports, goods, services, real, and GDP.

Finland GDP: GCF: Fixed data was reported at 15,456.000 EUR mn in Sep 2024. This records an increase from the previous number of 14,842.000 EUR mn for Jun 2024. Finland GDP: GCF: Fixed data is updated quarterly, averaging 9,709.000 EUR mn from Mar 1990 (Median) to Sep 2024, with 139 observations. The data reached an all-time high of 17,794.000 EUR mn in Dec 2022 and a record low of 3,510.000 EUR mn in Mar 1994. Finland GDP: GCF: Fixed data remains active status in CEIC and is reported by Statistics Finland. The data is categorized under Global Database’s Finland – Table FI.A001: ESA 2010: GDP: by Expenditure: Current Price.

Key information about Finland Consolidated Fiscal Balance: % of GDP

• Finland Consolidated Fiscal Balance recorded a deficit equal to 4.5 % of its Nominal GDP in Dec 2024, compared with a deficit equal to 4.4 % in the previous quarter
• Finland Consolidated Fiscal Balance to GDP data is updated quarterly, available from Dec 1999 to Dec 2024, with an average ratio of -0.9 %
• The data reached an all-time high of 6.9 % in Mar 2001 and a record low of -6.2 % in Mar 2021

CEIC calculates quarterly Consolidated Fiscal Balance as % of Nominal GDP from quarterly Consolidated Fiscal Balance and quarterly Nominal GDP. Statistics Finland provides Consolidated Fiscal Balance in EUR and Nominal GDP in EUR.


Further information about Finland Consolidated Fiscal Balance: % of GDP

• In the latest reports, Finland National Government Debt reached 250.5 USD bn in Sep 2024
• Finland Nominal GDP reached 74.8 USD bn in Mar 2023

Inflation, GDP deflator: linked series (annual %) in Finland was reported at 3.9135 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Finland - Inflation, GDP deflator: linked series (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

Finland GDP: Consumption Expenditure: Government data was reported at 19,288.000 EUR mn in Dec 2024. This records an increase from the previous number of 17,552.000 EUR mn for Sep 2024. Finland GDP: Consumption Expenditure: Government data is updated quarterly, averaging 9,709.000 EUR mn from Mar 1990 (Median) to Dec 2024, with 140 observations. The data reached an all-time high of 19,288.000 EUR mn in Dec 2024 and a record low of 4,500.000 EUR mn in Mar 1990. Finland GDP: Consumption Expenditure: Government data remains active status in CEIC and is reported by Statistics Finland. The data is categorized under Global Database’s Finland – Table FI.A001: ESA 2010: GDP: by Expenditure: Current Price.

Key information about Finland Private Debt: % of Nominal GDP

• Finland Private Debt accounted for 90.51 % of its Nominal GDP in Dec 2024, compared with a ratio of 91.86 % in the previous quarter
• Finland Private Debt contribution to Nominal GDP ratio is updated quarterly, available from Sep 1997 to Dec 2024, with an average share of 85.66 %
• The data reached an all-time high of 100.42 % in Mar 2021 and a record low of 38.39 % in Mar 1998

CEIC calculates quarterly Private Debt as % of Nominal GDP from monthly Private Debt and quarterly Nominal GDP. The Bank of Finland provides Private Debt in EUR. Statistics Finland provides Nominal GDP in EUR. Private Debt covers loans in EUR and debtors as Euro Area Residents only.

Finland recorded a Government Debt to GDP of 75.80 percent of the country's Gross Domestic Product in 2023. This dataset provides - Finland Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Exports of Goods and Services for Finland (NAEXKP06FIA657S) from 1991 to 2024 about Finland, exports, goods, services, real, and GDP.