Gross domestic product (GDP) in Finland
Finland: Gross domestic product (GDP) was 289.58 billion international-$ in 2021 prices in 2023. ◆ Volatile
Gross domestic product (GDP) in Finland, 1950–2023
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
In 2023, gross domestic product (gdp) in Finland stood at 289.58 billion international-$ in 2021 prices.
That represents a change of down 1.2% on the previous year and up 16.6% over ten years.
Over the whole period, gross domestic product (gdp) in Finland peaked at 293.11 billion international-$ in 2021 prices in 2022 and was at its lowest, 29.56 billion international-$ in 2021 prices, in 1950.
Finland ranks 64th of 184 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 37.73 billion international-$ in 2021 prices | 29.56 billion international-$ in 2021 prices | 44.71 billion international-$ in 2021 prices | 10 |
| 1960s | 60.37 billion international-$ in 2021 prices | 49.11 billion international-$ in 2021 prices | 75.18 billion international-$ in 2021 prices | 10 |
| 1970s | 93.60 billion international-$ in 2021 prices | 80.80 billion international-$ in 2021 prices | 107.51 billion international-$ in 2021 prices | 10 |
| 1980s | 127.82 billion international-$ in 2021 prices | 113.82 billion international-$ in 2021 prices | 153.79 billion international-$ in 2021 prices | 10 |
| 1990s | 160.99 billion international-$ in 2021 prices | 136.63 billion international-$ in 2021 prices | 200.40 billion international-$ in 2021 prices | 10 |
| 2000s | 233.87 billion international-$ in 2021 prices | 210.40 billion international-$ in 2021 prices | 270.21 billion international-$ in 2021 prices | 10 |
| 2010s | 261.36 billion international-$ in 2021 prices | 248.42 billion international-$ in 2021 prices | 284.72 billion international-$ in 2021 prices | 10 |
| 2020s | 289.61 billion international-$ in 2021 prices | 283.64 billion international-$ in 2021 prices | 293.11 billion international-$ in 2021 prices | 4 |
Countries ranked near Finland
- 61 Hungary 339.90 billion international-$ in 2021 prices compare
- 62 Kenya 315.39 billion international-$ in 2021 prices compare
- 63 Sri Lanka 292.66 billion international-$ in 2021 prices compare
- 65 Kuwait 266.11 billion international-$ in 2021 prices compare
- 66 Dominican Republic 261.55 billion international-$ in 2021 prices compare
- 67 Belarus 261.41 billion international-$ in 2021 prices compare
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 gross domestic product (gdp) in Finland?
- Gross domestic product (gdp) in Finland was 289.58 billion international-$ in 2021 prices in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Finland?
- The highest recorded value was 293.11 billion international-$ in 2021 prices in 2022.
- What is the lowest gross domestic product (gdp) recorded in Finland?
- The lowest recorded value was 29.56 billion international-$ in 2021 prices in 1950.
- How does Finland rank for gross domestic product (gdp)?
- Finland ranks 64th out of 184 countries with data for 2023.
- Is gross domestic product (gdp) rising or falling in Finland?
- Over the last ten years it is up 16.6%. The long-run trend across the full record is volatile.
- Where does this Finland data come from?
- The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.