Gross domestic product (GDP) in Finland
Finland: Gross domestic product (GDP) was 289.58 billion international-$ in 2021 prices in 2023. ◆ Volatile
Latest (2023)
289.58 billion international-$ in 2021 prices
Change on year
down 1.2%
World rank
64th
of 184 countries
All-time high
293.11 billion international-$ in 2021 prices
in 2022
All-time low
29.56 billion international-$ in 2021 prices
in 1950
Years of data
74
1950–2023
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.
Gross domestic product (GDP) in Finland, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1950 | 29.56 billion international-$ in 2021 prices | — |
| 1951 | 33.24 billion international-$ in 2021 prices | +12.5% |
| 1952 | 33.99 billion international-$ in 2021 prices | +2.3% |
| 1953 | 33.78 billion international-$ in 2021 prices | -0.6% |
| 1954 | 37.37 billion international-$ in 2021 prices | +10.7% |
| 1955 | 40.41 billion international-$ in 2021 prices | +8.1% |
| 1956 | 41.14 billion international-$ in 2021 prices | +1.8% |
| 1957 | 41.50 billion international-$ in 2021 prices | +0.9% |
| 1958 | 41.59 billion international-$ in 2021 prices | +0.2% |
| 1959 | 44.71 billion international-$ in 2021 prices | +7.5% |
| 1960 | 49.11 billion international-$ in 2021 prices | +9.8% |
| 1961 | 53.99 billion international-$ in 2021 prices | +9.9% |
| 1962 | 55.12 billion international-$ in 2021 prices | +2.1% |
| 1963 | 55.73 billion international-$ in 2021 prices | +1.1% |
| 1964 | 57.51 billion international-$ in 2021 prices | +3.2% |
| 1965 | 61.01 billion international-$ in 2021 prices | +6.1% |
| 1966 | 62.90 billion international-$ in 2021 prices | +3.1% |
| 1967 | 64.84 billion international-$ in 2021 prices | +3.1% |
| 1968 | 68.34 billion international-$ in 2021 prices | +5.4% |
| 1969 | 75.18 billion international-$ in 2021 prices | +10.0% |
| 1970 | 80.80 billion international-$ in 2021 prices | +7.5% |
| 1971 | 82.42 billion international-$ in 2021 prices | +2.0% |
| 1972 | 88.09 billion international-$ in 2021 prices | +6.9% |
| 1973 | 94.15 billion international-$ in 2021 prices | +6.9% |
| 1974 | 97.39 billion international-$ in 2021 prices | +3.4% |
| 1975 | 94.75 billion international-$ in 2021 prices | -2.7% |
| 1976 | 95.06 billion international-$ in 2021 prices | +0.3% |
| 1977 | 95.82 billion international-$ in 2021 prices | +0.8% |
| 1978 | 99.99 billion international-$ in 2021 prices | +4.4% |
| 1979 | 107.51 billion international-$ in 2021 prices | +7.5% |
| 1980 | 113.82 billion international-$ in 2021 prices | +5.9% |
| 1981 | 115.69 billion international-$ in 2021 prices | +1.6% |
| 1982 | 116.80 billion international-$ in 2021 prices | +1.0% |
| 1983 | 118.41 billion international-$ in 2021 prices | +1.4% |
| 1984 | 121.51 billion international-$ in 2021 prices | +2.6% |
| 1985 | 122.59 billion international-$ in 2021 prices | +0.9% |
| 1986 | 130.67 billion international-$ in 2021 prices | +6.6% |
| 1987 | 137.21 billion international-$ in 2021 prices | +5.0% |
| 1988 | 147.75 billion international-$ in 2021 prices | +7.7% |
| 1989 | 153.79 billion international-$ in 2021 prices | +4.1% |
| 1990 | 154.28 billion international-$ in 2021 prices | +0.3% |
| 1991 | 141.80 billion international-$ in 2021 prices | -8.1% |
| 1992 | 136.90 billion international-$ in 2021 prices | -3.5% |
| 1993 | 136.63 billion international-$ in 2021 prices | -0.2% |
| 1994 | 145.76 billion international-$ in 2021 prices | +6.7% |
| 1995 | 163.05 billion international-$ in 2021 prices | +11.9% |
| 1996 | 162.93 billion international-$ in 2021 prices | -0.1% |
| 1997 | 177.25 billion international-$ in 2021 prices | +8.8% |
| 1998 | 190.92 billion international-$ in 2021 prices | +7.7% |
| 1999 | 200.40 billion international-$ in 2021 prices | +5.0% |
| 2000 | 210.40 billion international-$ in 2021 prices | +5.0% |
| 2001 | 213.59 billion international-$ in 2021 prices | +1.5% |
| 2002 | 214.94 billion international-$ in 2021 prices | +0.6% |
| 2003 | 215.91 billion international-$ in 2021 prices | +0.5% |
| 2004 | 226.72 billion international-$ in 2021 prices | +5.0% |
| 2005 | 236.81 billion international-$ in 2021 prices | +4.4% |
| 2006 | 240.31 billion international-$ in 2021 prices | +1.5% |
| 2007 | 260.25 billion international-$ in 2021 prices | +8.3% |
| 2008 | 270.21 billion international-$ in 2021 prices | +3.8% |
| 2009 | 249.58 billion international-$ in 2021 prices | -7.6% |
| 2010 | 255.87 billion international-$ in 2021 prices | +2.5% |
| 2011 | 265.24 billion international-$ in 2021 prices | +3.7% |
| 2012 | 261.85 billion international-$ in 2021 prices | -1.3% |
| 2013 | 248.42 billion international-$ in 2021 prices | -5.1% |
| 2014 | 248.86 billion international-$ in 2021 prices | +0.2% |
| 2015 | 252.77 billion international-$ in 2021 prices | +1.6% |
| 2016 | 259.09 billion international-$ in 2021 prices | +2.5% |
| 2017 | 267.21 billion international-$ in 2021 prices | +3.1% |
| 2018 | 269.61 billion international-$ in 2021 prices | +0.9% |
| 2019 | 284.72 billion international-$ in 2021 prices | +5.6% |
| 2020 | 283.64 billion international-$ in 2021 prices | -0.4% |
| 2021 | 292.11 billion international-$ in 2021 prices | +3.0% |
| 2022 | 293.11 billion international-$ in 2021 prices | +0.3% |
| 2023 | 289.58 billion international-$ in 2021 prices | -1.2% |
Finland compared with similar countries
- Finland's 289.58 billion international-$ in 2021 prices is above the median for high income countries, which is 277.84 billion international-$ in 2021 prices, 1.0× the median. (66 countries reporting)
- Finland's 289.58 billion international-$ in 2021 prices is below the median for Europe & Central Asia, which is 314.74 billion international-$ in 2021 prices, 92% of the median. (48 countries reporting)
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
- 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$), annual growth rate 24.81 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Finland?
- Gross domestic product (gdp) in Finland was 289.58 billion international-$ 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.
Download this data
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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.