Annual GDP growth in Finland
Finland: Annual GDP growth was -1.2% in 2023. ◆ Volatile
Annual GDP growth in Finland, 2000–2023
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for annual gdp growth in Finland is -1.2%, measured in 2023.
The figure is down 180.0% on the previous year and down 18.4% over ten years.
Over the whole period, annual gdp growth in Finland peaked at 5.8% in 2000 and was at its lowest, -8.1%, in 2009.
That places Finland 193rd out of 211 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.1% | -8.1% | 5.8% | 10 |
| 2010s | 1.1% | -1.5% | 3.3% | 10 |
| 2020s | 0.1% | -2.5% | 2.7% | 4 |
Countries ranked near Finland
More economy & growth data for Finland
- External balance on goods and services as a percent of GDP 1.3% (2025)
- Inflation of consumer prices 0.3% (2025)
- GDP per capita 44,941 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 14.2% (2025)
- Gross domestic product (GDP) 253.76 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 44,941 constant 2015 US$ (2025)
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -1.76 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -1.99 billion current US$ (2025)
- Taxes less subsidies on products 35.83 billion current LCU (2025)
Frequently asked questions
- What is annual gdp growth in Finland?
- Annual gdp growth in Finland was -1.2% in 2023, according to World Bank – processed by Our World in Data.
- What is the highest annual gdp growth recorded in Finland?
- The highest recorded value was 5.8% in 2000.
- What is the lowest annual gdp growth recorded in Finland?
- The lowest recorded value was -8.1% in 2009.
- How does Finland rank for annual gdp growth?
- Finland ranks 193rd out of 211 countries with data for 2023.
- Is annual gdp growth rising or falling in Finland?
- Over the last ten years it is down 18.4%. The long-run trend across the full record is volatile.
- Where does this Finland data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual GDP growth. Statizoid updates them automatically from the source API.
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About this data
Annual GDP growth (%)