GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Finland
Finland: GDP Deflator — Value Standard Local Currency, 2015 prices, annual was 1.71 % change on previous year in 2024. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Finland, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Finland recorded 1.71 % change on previous year for gdp deflator — value standard local currency, 2015 prices, annual in 2024.
That represents a change of down 56.4% on the previous year and up 3.9% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices, annual in Finland peaked at 22.07 % change on previous year in 1974 and was at its lowest, -0.0813 % change on previous year, in 1996.
That places Finland 167th out of 209 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Finland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 7.36 % change on previous year | — |
| 1972 | 8.24 % change on previous year | +11.9% |
| 1973 | 13.77 % change on previous year | +67.1% |
| 1974 | 22.07 % change on previous year | +60.3% |
| 1975 | 13.57 % change on previous year | -38.5% |
| 1976 | 13.12 % change on previous year | -3.3% |
| 1977 | 9.42 % change on previous year | -28.2% |
| 1978 | 7.45 % change on previous year | -20.9% |
| 1979 | 8.3 % change on previous year | +11.4% |
| 1980 | 9.64 % change on previous year | +16.0% |
| 1981 | 11.64 % change on previous year | +20.8% |
| 1982 | 9.06 % change on previous year | -22.1% |
| 1983 | 8.2 % change on previous year | -9.6% |
| 1984 | 8.45 % change on previous year | +3.2% |
| 1985 | 5.22 % change on previous year | -38.2% |
| 1986 | 4.76 % change on previous year | -8.9% |
| 1987 | 4.29 % change on previous year | -9.8% |
| 1988 | 7.68 % change on previous year | +79.0% |
| 1989 | 6.53 % change on previous year | -15.0% |
| 1990 | 5.2 % change on previous year | -20.5% |
| 1991 | 1.52 % change on previous year | -70.8% |
| 1992 | 0.8937 % change on previous year | -41.1% |
| 1993 | 1.77 % change on previous year | +97.6% |
| 1994 | 1.85 % change on previous year | +4.5% |
| 1995 | 4.2 % change on previous year | +127.7% |
| 1996 | -0.0813 % change on previous year | -101.9% |
| 1997 | 2.09 % change on previous year | -2663.8% |
| 1998 | 3.1 % change on previous year | +48.8% |
| 1999 | 0.9315 % change on previous year | -70.0% |
| 2000 | 1.64 % change on previous year | +75.8% |
| 2001 | 3.3 % change on previous year | +101.8% |
| 2002 | 0.9432 % change on previous year | -71.5% |
| 2003 | 0.19 % change on previous year | -79.9% |
| 2004 | 0.6023 % change on previous year | +217.1% |
| 2005 | 0.9293 % change on previous year | +54.3% |
| 2006 | 0.9202 % change on previous year | -1.0% |
| 2007 | 2.75 % change on previous year | +199.3% |
| 2008 | 3.04 % change on previous year | +10.3% |
| 2009 | 1.78 % change on previous year | -41.6% |
| 2010 | 0.3488 % change on previous year | -80.4% |
| 2011 | 2.6 % change on previous year | +645.7% |
| 2012 | 2.95 % change on previous year | +13.2% |
| 2013 | 2.56 % change on previous year | -13.0% |
| 2014 | 1.64 % change on previous year | -35.8% |
| 2015 | 1.63 % change on previous year | -0.7% |
| 2016 | 0.055 % change on previous year | -96.6% |
| 2017 | 0.8365 % change on previous year | +1421.0% |
| 2018 | 1.99 % change on previous year | +137.4% |
| 2019 | 1.48 % change on previous year | -25.4% |
| 2020 | 1.64 % change on previous year | +10.6% |
| 2021 | 2.43 % change on previous year | +48.6% |
| 2022 | 5.45 % change on previous year | +123.8% |
| 2023 | 3.91 % change on previous year | -28.2% |
| 2024 | 1.71 % change on previous year | -56.4% |
Finland compared with similar countries
- Finland's 1.71 % change on previous year is below the median for high income countries, which is 2.83 % change on previous year, 60% of the median. (68 countries reporting)
- Finland's 1.71 % change on previous year is below the median for Europe & Central Asia, which is 3.37 % change on previous year, 51% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Finland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1997 | +2663.8% | -0.0813 % change on previous year | 2.09 % change on previous year |
| 2017 | +1421.0% | 0.055 % change on previous year | 0.8365 % change on previous year |
| 2011 | +645.7% | 0.3488 % change on previous year | 2.6 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.48 % change on previous year | 7.36 % change on previous year | 22.07 % change on previous year | 9 |
| 1980s | 7.55 % change on previous year | 4.29 % change on previous year | 11.64 % change on previous year | 10 |
| 1990s | 2.15 % change on previous year | -0.0813 % change on previous year | 5.2 % change on previous year | 10 |
| 2000s | 1.61 % change on previous year | 0.19 % change on previous year | 3.3 % change on previous year | 10 |
| 2010s | 1.61 % change on previous year | 0.055 % change on previous year | 2.95 % change on previous year | 10 |
| 2020s | 3.03 % change on previous year | 1.64 % change on previous year | 5.45 % change on previous year | 5 |
Countries ranked near Finland
- 164 New Caledonia 1.72 % change on previous year compare
- 165 Cabo Verde 1.72 % change on previous year compare
- 166 Aruba 1.72 % change on previous year compare
- 168 Algeria 1.7 % change on previous year compare
- 169 Morocco 1.63 % change on previous year compare
- 170 Benin 1.57 % change on previous year compare
More economy & growth data for Finland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.48 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.51 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 6.68 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0211 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,183 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -285.87 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -103.27 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0009 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -50.63 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 24.81 % change on previous year (2025)
Frequently asked questions
- What is gdp deflator — value standard local currency, 2015 prices, annual in Finland?
- Gdp deflator — value standard local currency, 2015 prices, annual in Finland was 1.71 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp deflator — value standard local currency, 2015 prices, annual recorded in Finland?
- The highest recorded value was 22.07 % change on previous year in 1974.
- What is the lowest gdp deflator — value standard local currency, 2015 prices, annual recorded in Finland?
- The lowest recorded value was -0.0813 % change on previous year in 1996.
- How does Finland rank for gdp deflator — value standard local currency, 2015 prices, annual?
- Finland ranks 167th out of 209 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices, annual rising or falling in Finland?
- Over the last ten years it is up 3.9%. The long-run trend across the full record is volatile.
- Where does this Finland data come from?
- The figures come from Statizoid (derived), published as part of GDP Deflator — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Deflator — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.