GDP growth in Finland
Finland: GDP growth was 0.4162 in 2024. ◆ Volatile
Latest (2024)
0.4162
Change on year
up 144.3%
World rank
60th
of 74 countries
All-time high
9.59
in 1969
All-time low
-8.08
in 2009
Years of data
64
1961–2024
GDP growth in Finland, 1961–2024
Source: UNICEF.
Analysis
In 2024, gdp growth in Finland stood at 0.4162.
Compared with earlier readings it is up 144.3% on the previous year and up 187.1% over ten years.
Over the whole period, gdp growth in Finland peaked at 9.59 in 1969 and was at its lowest, -8.08, in 2009.
Finland ranks 60th of 74 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP growth in Finland, year by year
| Year | Value | Change |
|---|---|---|
| 1961 | 7.6 | — |
| 1962 | 2.98 | -60.8% |
| 1963 | 3.29 | +10.2% |
| 1964 | 5.24 | +59.5% |
| 1965 | 5.3 | +1.2% |
| 1966 | 2.37 | -55.3% |
| 1967 | 2.17 | -8.6% |
| 1968 | 2.3 | +6.2% |
| 1969 | 9.59 | +316.5% |
| 1970 | 7.47 | -22.1% |
| 1971 | 2.36 | -68.5% |
| 1972 | 7.74 | +228.2% |
| 1973 | 6.98 | -9.7% |
| 1974 | 3.24 | -53.7% |
| 1975 | 1.8 | -44.2% |
| 1976 | 0.3444 | -80.9% |
| 1977 | 0.2395 | -30.5% |
| 1978 | 2.92 | +1119.0% |
| 1979 | 7.12 | +143.9% |
| 1980 | 5.39 | -24.3% |
| 1981 | 1.29 | -76.1% |
| 1982 | 3.09 | +139.4% |
| 1983 | 3.1 | +0.6% |
| 1984 | 3.23 | +4.0% |
| 1985 | 3.54 | +9.7% |
| 1986 | 2.76 | -22.2% |
| 1987 | 3.56 | +29.3% |
| 1988 | 5.23 | +46.9% |
| 1989 | 5.08 | -2.8% |
| 1990 | 0.6916 | -86.4% |
| 1991 | -5.88 | -950.2% |
| 1992 | -3.31 | -43.7% |
| 1993 | -0.7798 | -76.5% |
| 1994 | 3.96 | -608.4% |
| 1995 | 4.23 | +6.8% |
| 1996 | 3.66 | -13.5% |
| 1997 | 6.4 | +74.7% |
| 1998 | 5.45 | -14.7% |
| 1999 | 4.39 | -19.5% |
| 2000 | 5.75 | +31.1% |
| 2001 | 2.64 | -54.1% |
| 2002 | 1.69 | -36.1% |
| 2003 | 2.01 | +19.2% |
| 2004 | 4.01 | +99.1% |
| 2005 | 2.78 | -30.7% |
| 2006 | 4.02 | +44.7% |
| 2007 | 5.31 | +32.2% |
| 2008 | 0.7844 | -85.2% |
| 2009 | -8.08 | -1129.5% |
| 2010 | 3.17 | -139.2% |
| 2011 | 2.39 | -24.6% |
| 2012 | -1.52 | -163.7% |
| 2013 | -0.9797 | -35.7% |
| 2014 | -0.4781 | -51.2% |
| 2015 | 0.4665 | -197.6% |
| 2016 | 2.57 | +451.3% |
| 2017 | 3.3 | +28.4% |
| 2018 | 1.19 | -63.9% |
| 2019 | 1.35 | +13.1% |
| 2020 | -2.49 | -284.6% |
| 2021 | 2.68 | -207.4% |
| 2022 | 0.763 | -71.5% |
| 2023 | -0.9391 | -223.1% |
| 2024 | 0.4162 | -144.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.54 | 2.17 | 9.59 | 9 |
| 1970s | 4.02 | 0.2395 | 7.74 | 10 |
| 1980s | 3.63 | 1.29 | 5.39 | 10 |
| 1990s | 1.88 | -5.88 | 6.4 | 10 |
| 2000s | 2.09 | -8.08 | 5.75 | 10 |
| 2010s | 1.15 | -1.52 | 3.3 | 10 |
| 2020s | 0.0851 | -2.49 | 2.68 | 5 |
Countries ranked near Finland
- 57 Syrian Arab Republic 0.7328 compare
- 58 Italy 0.6927 compare
- 59 Hungary 0.5601 compare
- 61 San Marino 0.4019 compare
- 62 Luxembourg 0.3586 compare
- 63 Republic of Moldova 0.1031 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)
- Gross domestic savings (current US$), annual growth rate 8.04 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.2316 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 13,005 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate 3.48 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 0.205 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 11,509 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 7.36 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.984 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gdp growth in Finland?
- Gdp growth in Finland was 0.4162 in 2024, according to UNICEF.
- What is the highest gdp growth recorded in Finland?
- The highest recorded value was 9.59 in 1969.
- What is the lowest gdp growth recorded in Finland?
- The lowest recorded value was -8.08 in 2009.
- How does Finland rank for gdp growth?
- Finland ranks 60th out of 74 countries with data for 2024.
- Is gdp growth rising or falling in Finland?
- Over the last ten years it is up 187.1%. The long-run trend across the full record is volatile.
- Where does this Finland data come from?
- The figures come from UNICEF, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.
Download this data
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