Gross Domestic Product — Value Standard Local Currency in Finland
Finland: Gross Domestic Product — Value Standard Local Currency was 277,561 million SLC in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency in Finland, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Finland recorded 277,561 million SLC for gross domestic product — value standard local currency in 2024. That is the highest value across all 55 years on record.
That represents a change of up 1.6% on the previous year and up 34.8% over ten years.
Over the whole period, gross domestic product — value standard local currency in Finland peaked at 277,561 million SLC in 2024 and was at its lowest, 8,024 million SLC, in 1970.
That places Finland 130th out of 218 countries with data for 2024, putting it 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 — Value Standard Local Currency in Finland, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 8,024 million SLC | — |
| 1971 | 8,818 million SLC | +9.9% |
| 1972 | 10,283 million SLC | +16.6% |
| 1973 | 12,516 million SLC | +21.7% |
| 1974 | 15,773 million SLC | +26.0% |
| 1975 | 18,236 million SLC | +15.6% |
| 1976 | 20,701 million SLC | +13.5% |
| 1977 | 22,705 million SLC | +9.7% |
| 1978 | 25,110 million SLC | +10.6% |
| 1979 | 29,132 million SLC | +16.0% |
| 1980 | 33,660 million SLC | +15.5% |
| 1981 | 38,061 million SLC | +13.1% |
| 1982 | 42,792 million SLC | +12.4% |
| 1983 | 47,736 million SLC | +11.6% |
| 1984 | 53,442 million SLC | +12.0% |
| 1985 | 58,225 million SLC | +8.9% |
| 1986 | 62,676 million SLC | +7.6% |
| 1987 | 67,694 million SLC | +8.0% |
| 1988 | 76,709 million SLC | +13.3% |
| 1989 | 85,876 million SLC | +12.0% |
| 1990 | 90,964 million SLC | +5.9% |
| 1991 | 86,913 million SLC | -4.5% |
| 1992 | 84,786 million SLC | -2.4% |
| 1993 | 85,610 million SLC | +1.0% |
| 1994 | 90,646 million SLC | +5.9% |
| 1995 | 98,454 million SLC | +8.6% |
| 1996 | 101,977 million SLC | +3.6% |
| 1997 | 110,764 million SLC | +8.6% |
| 1998 | 120,431 million SLC | +8.7% |
| 1999 | 126,888 million SLC | +5.4% |
| 2000 | 136,386 million SLC | +7.5% |
| 2001 | 144,613 million SLC | +6.0% |
| 2002 | 148,440 million SLC | +2.6% |
| 2003 | 151,714 million SLC | +2.2% |
| 2004 | 158,741 million SLC | +4.6% |
| 2005 | 164,666 million SLC | +3.7% |
| 2006 | 172,861 million SLC | +5.0% |
| 2007 | 187,059 million SLC | +8.2% |
| 2008 | 194,253 million SLC | +3.8% |
| 2009 | 181,735 million SLC | -6.4% |
| 2010 | 188,147 million SLC | +3.5% |
| 2011 | 197,655 million SLC | +5.1% |
| 2012 | 200,378 million SLC | +1.4% |
| 2013 | 203,497 million SLC | +1.6% |
| 2014 | 205,855 million SLC | +1.2% |
| 2015 | 210,192 million SLC | +2.1% |
| 2016 | 215,717 million SLC | +2.6% |
| 2017 | 224,706 million SLC | +4.2% |
| 2018 | 231,905 million SLC | +3.2% |
| 2019 | 238,518 million SLC | +2.9% |
| 2020 | 236,387 million SLC | -0.9% |
| 2021 | 248,764 million SLC | +5.2% |
| 2022 | 266,124 million SLC | +7.0% |
| 2023 | 273,320 million SLC | +2.7% |
| 2024 | 277,561 million SLC | +1.6% |
Finland compared with similar countries
- Finland's 277,561 million SLC is above the median for high income countries, which is 257,567 million SLC, 1.1× the median. (72 countries reporting)
- Finland's 277,561 million SLC is below the median for Europe & Central Asia, which is 507,692 million SLC, 55% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 17,130 million SLC | 8,024 million SLC | 29,132 million SLC | 10 |
| 1980s | 56,687 million SLC | 33,660 million SLC | 85,876 million SLC | 10 |
| 1990s | 99,743 million SLC | 84,786 million SLC | 126,888 million SLC | 10 |
| 2000s | 164,047 million SLC | 136,386 million SLC | 194,253 million SLC | 10 |
| 2010s | 211,657 million SLC | 188,147 million SLC | 238,518 million SLC | 10 |
| 2020s | 260,431 million SLC | 236,387 million SLC | 277,561 million SLC | 5 |
Countries ranked near Finland
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 — value standard local currency in Finland?
- Gross domestic product — value standard local currency in Finland was 277,561 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency recorded in Finland?
- The highest recorded value was 277,561 million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency recorded in Finland?
- The lowest recorded value was 8,024 million SLC in 1970.
- How does Finland rank for gross domestic product — value standard local currency?
- Finland ranks 130th out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency rising or falling in Finland?
- Over the last ten years it is up 34.8%. The long-run trend across the full record is volatile.
- Where does this Finland data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).