Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Finland
Finland: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 46,572 million SLC in 2024. ▲ Rising
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Finland, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Finland recorded 46,572 million SLC for gross fixed capital formation — value standard local currency, 2015 in 2024.
That represents a change of down 7.1% on the previous year and up 3.5% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Finland peaked at 55,095 million SLC in 2022 and was at its lowest, 20,511 million SLC, in 1970.
That places Finland 112th out of 194 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Finland, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 20,511 million SLC | — |
| 1971 | 21,258 million SLC | +3.6% |
| 1972 | 22,651 million SLC | +6.6% |
| 1973 | 24,578 million SLC | +8.5% |
| 1974 | 25,360 million SLC | +3.2% |
| 1975 | 26,876 million SLC | +6.0% |
| 1976 | 24,909 million SLC | -7.3% |
| 1977 | 24,061 million SLC | -3.4% |
| 1978 | 22,218 million SLC | -7.7% |
| 1979 | 23,118 million SLC | +4.1% |
| 1980 | 25,614 million SLC | +10.8% |
| 1981 | 26,291 million SLC | +2.6% |
| 1982 | 27,908 million SLC | +6.2% |
| 1983 | 29,047 million SLC | +4.1% |
| 1984 | 28,868 million SLC | -0.6% |
| 1985 | 30,308 million SLC | +5.0% |
| 1986 | 30,890 million SLC | +1.9% |
| 1987 | 32,645 million SLC | +5.7% |
| 1988 | 36,174 million SLC | +10.8% |
| 1989 | 40,419 million SLC | +11.7% |
| 1990 | 38,973 million SLC | -3.6% |
| 1991 | 32,382 million SLC | -16.9% |
| 1992 | 27,929 million SLC | -13.8% |
| 1993 | 24,432 million SLC | -12.5% |
| 1994 | 24,640 million SLC | +0.8% |
| 1995 | 27,729 million SLC | +12.5% |
| 1996 | 30,503 million SLC | +10.0% |
| 1997 | 33,824 million SLC | +10.9% |
| 1998 | 37,433 million SLC | +10.7% |
| 1999 | 39,130 million SLC | +4.5% |
| 2000 | 41,564 million SLC | +6.2% |
| 2001 | 42,296 million SLC | +1.8% |
| 2002 | 41,048 million SLC | -3.0% |
| 2003 | 42,195 million SLC | +2.8% |
| 2004 | 44,162 million SLC | +4.7% |
| 2005 | 45,598 million SLC | +3.3% |
| 2006 | 46,216 million SLC | +1.4% |
| 2007 | 50,976 million SLC | +10.3% |
| 2008 | 51,299 million SLC | +0.6% |
| 2009 | 45,128 million SLC | -12.0% |
| 2010 | 47,213 million SLC | +4.6% |
| 2011 | 48,438 million SLC | +2.6% |
| 2012 | 48,093 million SLC | -0.7% |
| 2013 | 46,042 million SLC | -4.3% |
| 2014 | 45,004 million SLC | -2.3% |
| 2015 | 45,081 million SLC | +0.2% |
| 2016 | 49,226 million SLC | +9.2% |
| 2017 | 51,684 million SLC | +5.0% |
| 2018 | 53,954 million SLC | +4.4% |
| 2019 | 53,394 million SLC | -1.0% |
| 2020 | 52,789 million SLC | -1.1% |
| 2021 | 53,687 million SLC | +1.7% |
| 2022 | 55,095 million SLC | +2.6% |
| 2023 | 50,126 million SLC | -9.0% |
| 2024 | 46,572 million SLC | -7.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 23,554 million SLC | 20,511 million SLC | 26,876 million SLC | 10 |
| 1980s | 30,816 million SLC | 25,614 million SLC | 40,419 million SLC | 10 |
| 1990s | 31,697 million SLC | 24,432 million SLC | 39,130 million SLC | 10 |
| 2000s | 45,048 million SLC | 41,048 million SLC | 51,299 million SLC | 10 |
| 2010s | 48,813 million SLC | 45,004 million SLC | 53,954 million SLC | 10 |
| 2020s | 51,654 million SLC | 46,572 million SLC | 55,095 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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 1.41 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.7719 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 43,344 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 0.2034 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7007 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 39,342 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 0.2035 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.6709 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, 2015 in Finland?
- Gross fixed capital formation — value standard local currency, 2015 in Finland was 46,572 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Finland?
- The highest recorded value was 55,095 million SLC in 2022.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Finland?
- The lowest recorded value was 20,511 million SLC in 1970.
- How does Finland rank for gross fixed capital formation — value standard local currency, 2015?
- Finland ranks 112th out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Finland?
- Over the last ten years it is up 3.5%. The long-run trend across the full record is rising.
- Where does this Finland data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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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).