GDP in Finland

Finland GDP | Economic News & Forecasts

Finland - GDP

Growth in economic activity slows in February

In February, economic activity in Finland expanded a working-day adjusted 3.0% over the same month of the previous year, according to the Monthly Trend Indicator of Output. The reading marked a mild slowdown from January’s 3.7% expansion. February’s reading mainly reflected robust growth in the agricultural and industrial sectors, which was offset by slow growth in the services sector.

On a monthly basis, economic activity in February decreased 0.1% in seasonally-adjusted terms, contrasting January’s 1.2% expansion. Despite a mild slowdown suggested by the annual data, the overall trend continues to point upwards, with annual average growth in economic activity at 1.5% in February, above January’s 1.4%.

The Central Bank expects the economy to expand 1.6% in 2017 and 1.5% in 2018. FocusEconomics Consensus Forecast panelists expect GDP to expand 1.2% in 2017, which is unchanged from last month’s projection. For 2018, the panel sees GDP increasing 1.3%.

Finland - GDP Data

2012  2013  2014  2015  2016  
Economic Growth (GDP, annual variation in %)-8.3  3.0  2.6  -1.4  -0.8  

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Finland GDP Chart

Finland GDP
Note: Annual variation of gross domestic product (GDP) in %.
Source: Statistics Finland.

Finland Facts

Bond Yield0.370.0 %Apr 06
Exchange Rate8.630.18 %Apr 06
Stock Market3,7800.49 %Apr 06

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