The Gross Domestic Product (GDP) in Finland was worth 299.84 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Finland represents 0.28 percent of the world economy. This dataset provides the latest reported value for - Finland GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The gross domestic product (GDP) in current prices in Finland was about 298.83 billion U.S. dollars in 2024. Between 1980 and 2024, the GDP rose by approximately 245.12 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP will steadily rise by around 62.18 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.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.

The Gross Domestic Product (GDP) in Finland stagnated 0 percent in the first quarter of 2025 over the previous quarter. This dataset provides - Finland GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Full Year GDP Growth in Finland decreased by 0.10 percent in 2024 from -0.90 percent in 2023. This dataset includes a chart with historical data for Finland Full Year GDP Growth.

Historical chart and dataset showing Finland GDP by year from 1960 to 2023.

In 2024, the growth of the real gross domestic product (GDP) in Finland stood at about -0.13 percent. Between 1980 and 2024, the figure dropped by approximately 5.80 percentage points, though the decline followed an uneven course rather than a steady trajectory. From 2024 to 2030, the growth will rise by around 1.31 percentage points, showing an overall upward trend with periodic ups and downs.This indicator describes 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.

The gross domestic product (GDP) of Finland was 273 billion euros in 2023, an increase of around 7.2 billion euros compared with the previous year. Finland's GDP showed an upward trend from the early 2000’s until 2009, when the economy was strongly hit by the global financial crisis. Thereafter, the Finnish economy stagnated, and the GDP slowly resumed its growth. However, after a three-year recession between 2012 and 2014, the GDP growth rates remained relatively weak. Slow recovery after the financial crisis As a small open economy, Finland was severely affected by the 2008-2009 global financial crisis. While all euro-countries fell into recession in the early stages of the crisis, the recovery of the Finnish economy has been tardy, remaining below the EU average. Finland’s GDP drop in 2009 was the worst since the ‘great depression’ of the early 1990’s, from which the Finnish economy recovered relatively fast because of the strong Nokia-led ICT industry. By 2009, the backbones of Finnish economy, forest and ICT industry, had started to encounter difficulties in foreign trade. This declining value of foreign trade coupled with weaker international business conditions resulted in economic stagnation. Challenging outlook According to economic forecasts, the Finnish economy is expected to experience a slow growth rate of the GDP in the upcoming years. In recent years, the economic growth has been stronger, although Finland is still catching up to other similar EU countries in productivity, household income, and employment rate. Traditionally, the country’s strengths have been high-level education and skilled workforce, openness to investments, as well as stable institutions. However, the population is ageing and the public debt has risen almost 30 percent between 2008 and 2019. The future outlook is further challenged by the economic crisis caused by the coronavirus (COVID-19) pandemic.

The Gross Domestic Product (GDP) in Finland expanded 0.80 percent in the first quarter of 2025 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 Gross Domestic Product Per Capita for Finland (PCAGDPFIA646NWDB) from 1960 to 2024 about Finland, per capita, and GDP.

Key information about Finland GDP Per Capita

• Finland Gross Domestic Product (GDP) per Capita reached 50,836.576 USD in Dec 2022, compared with 53,554.216 USD in Dec 2021.
• Finland GDP Per Capita data is updated yearly, available from Dec 1960 to Dec 2022, with an average number of 22,259.876 USD.
• The data reached an all-time high of 53,554.216 USD in Dec 2021 and a record low of 1,179.353 in Dec 1960.
• CEIC converts annual GDP per Capita into USD. Statistics Finland provides GDP per Capita in EUR. Federal Reserve Board average market exchange rate is used for currency conversions. GDP per Capita prior to 1975 is sourced from the World Bank.

Related information about Finland GDP Per Capita data

• In the latest reports, Finland GDP expanded 0.094 % YoY in Mar 2023.
• Finland Nominal GDP reached 74.818 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 6.057 % in Mar 2023.
• Gross Savings Rate of Finland was measured at 23.972 % in Mar 2023.

The gross domestic product (GDP) growth rate in Finland fluctuated fairly strongly between 5.3 and -8.1 percent in the period from 2003 to 2023. According to preliminary data, the GPD growth rate was -1-2 percent in 2023. The Finnish economy contracted almost nine percent from 2008 to 2009, as a result of the global financial crisis. After 2009, GDP growth rates did not reach the pre-crisis levels, although the GDP slowly resumed its growth.

Finland: Percent of world GDP: The latest value from 2023 is 0.28 percent, unchanged from 0.28 percent in 2022. In comparison, the world average is 0.53 percent, based on data from 188 countries. Historically, the average for Finland from 1980 to 2023 is 0.41 percent. The minimum value, 0.28 percent, was reached in 2022 while the maximum of 0.62 percent was recorded in 1990.

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.

CEIC calculates Real GDP Growth from quarterly Real GDP. Statistics Finland provides Real GDP in EUR based on ESA 2010, at chain linked 2015 prices. Real GDP Growth prior to Q1 1991 is calculated from seasonally and working day adjusted Real GDP based on ESA 1995, at chain linked 2005 prices, sourced from Eurostat.


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.

Graph and download economic data for Constant GDP per capita for Finland (NYGDPPCAPKDFIN) from 1960 to 2024 about Finland, per capita, real, and GDP.

GDP (current US$) in Finland was reported at 299835625551 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Finland - GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

The gross domestic product (GDP) per capita in Finland stood at about 53.33 thousand U.S. dollars in 2024. Between 1980 and 2024, the GDP per capita rose by approximately 42.07 thousand U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP per capita will steadily rise by around 11.10 thousand U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product per capita at current prices. Thereby, the gross domestic product was first converted from national currency to U.S. dollars at current exchange rates and then divided by the total population. The gross domestic product is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).

Key information about Finland Nominal GDP

• Finland Nominal GDP reached 74.0 USD bn in Mar 2023, compared with 69.1 USD bn in the previous quarter.
• Nominal GDP in Finland is updated quarterly, available from Mar 1990 to Mar 2023, with an average number of 55.4 USD bn.
• The data reached an all-time high of 76.0 USD bn in Jun 2008 and a record low of 22.0 USD bn in Mar 1993.

CEIC converts quarterly Nominal GDP into USD. Statistics Finland provides Nominal GDP in EUR. Federal Reserve Board average market exchange rate is used for currency conversions.


Related information about Finland Nominal GDP

• In the latest reports, Finland GDP contracted 0.3 % YoY in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 5.9 % in Mar 2023.
• Finland GDP Per Capita 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.

Finland GDP Growth Tracker: YoY data was reported at 1.414 % in 23 Apr 2023. This records a decrease from the previous number of 2.334 % for 16 Apr 2023. Finland GDP Growth Tracker: YoY data is updated weekly, averaging 1.735 % from May 2019 (Median) to 23 Apr 2023, with 207 observations. The data reached an all-time high of 10.251 % in 25 Apr 2021 and a record low of -8.863 % in 12 Apr 2020. Finland GDP Growth Tracker: YoY data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Finland – Table FI.OECD.WT: GDP Growth Tracker: Weekly.

The Gross Domestic Product per capita in Finland was last recorded at 44855.33 US dollars in 2024. The GDP per Capita in Finland is equivalent to 355 percent of the world's average. This dataset provides the latest reported value for - Finland GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The latest data from show economic growth of 1 percent, which is a decrease from the rate of growth of 1.8 percent in the previous quarter and
an increase compared to the growth rate of -0.9 percent in the same quarter last year. The economic growth time series for Finland cover the period from...