Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Finland
Finland: Gross Fixed Capital Formation — Value US$, 2015 prices was 51,672 million USD in 2024. ▲ Rising
Gross Fixed Capital Formation — Value US$, 2015 prices in Finland, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross fixed capital formation — value us$, 2015 prices in Finland is 51,672 million USD, measured 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 us$, 2015 prices in Finland peaked at 61,128 million USD in 2022 and was at its lowest, 22,758 million USD, in 1970.
Finland ranks 59th of 235 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation — Value US$, 2015 prices in Finland, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 22,758 million USD | — |
| 1971 | 23,586 million USD | +3.6% |
| 1972 | 25,132 million USD | +6.6% |
| 1973 | 27,270 million USD | +8.5% |
| 1974 | 28,137 million USD | +3.2% |
| 1975 | 29,819 million USD | +6.0% |
| 1976 | 27,637 million USD | -7.3% |
| 1977 | 26,696 million USD | -3.4% |
| 1978 | 24,651 million USD | -7.7% |
| 1979 | 25,650 million USD | +4.1% |
| 1980 | 28,419 million USD | +10.8% |
| 1981 | 29,170 million USD | +2.6% |
| 1982 | 30,964 million USD | +6.2% |
| 1983 | 32,228 million USD | +4.1% |
| 1984 | 32,030 million USD | -0.6% |
| 1985 | 33,627 million USD | +5.0% |
| 1986 | 34,273 million USD | +1.9% |
| 1987 | 36,220 million USD | +5.7% |
| 1988 | 40,136 million USD | +10.8% |
| 1989 | 44,845 million USD | +11.7% |
| 1990 | 43,241 million USD | -3.6% |
| 1991 | 35,928 million USD | -16.9% |
| 1992 | 30,988 million USD | -13.8% |
| 1993 | 27,108 million USD | -12.5% |
| 1994 | 27,338 million USD | +0.8% |
| 1995 | 30,765 million USD | +12.5% |
| 1996 | 33,844 million USD | +10.0% |
| 1997 | 37,528 million USD | +10.9% |
| 1998 | 41,533 million USD | +10.7% |
| 1999 | 43,416 million USD | +4.5% |
| 2000 | 46,115 million USD | +6.2% |
| 2001 | 46,928 million USD | +1.8% |
| 2002 | 45,543 million USD | -3.0% |
| 2003 | 46,816 million USD | +2.8% |
| 2004 | 48,998 million USD | +4.7% |
| 2005 | 50,591 million USD | +3.3% |
| 2006 | 51,278 million USD | +1.4% |
| 2007 | 56,558 million USD | +10.3% |
| 2008 | 56,917 million USD | +0.6% |
| 2009 | 50,070 million USD | -12.0% |
| 2010 | 52,383 million USD | +4.6% |
| 2011 | 53,743 million USD | +2.6% |
| 2012 | 53,360 million USD | -0.7% |
| 2013 | 51,084 million USD | -4.3% |
| 2014 | 49,932 million USD | -2.3% |
| 2015 | 50,018 million USD | +0.2% |
| 2016 | 54,617 million USD | +9.2% |
| 2017 | 57,344 million USD | +5.0% |
| 2018 | 59,863 million USD | +4.4% |
| 2019 | 59,241 million USD | -1.0% |
| 2020 | 58,570 million USD | -1.1% |
| 2021 | 59,566 million USD | +1.7% |
| 2022 | 61,128 million USD | +2.6% |
| 2023 | 55,616 million USD | -9.0% |
| 2024 | 51,672 million USD | -7.1% |
Finland compared with similar countries
- Finland's 51,672 million USD is above the median for high income countries, which is 13,942 million USD, 3.7× the median. (73 countries reporting)
- Finland's 51,672 million USD is above the median for Europe & Central Asia, which is 18,064 million USD, 2.9× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 26,134 million USD | 22,758 million USD | 29,819 million USD | 10 |
| 1980s | 34,191 million USD | 28,419 million USD | 44,845 million USD | 10 |
| 1990s | 35,169 million USD | 27,108 million USD | 43,416 million USD | 10 |
| 2000s | 49,982 million USD | 45,543 million USD | 56,917 million USD | 10 |
| 2010s | 54,159 million USD | 49,932 million USD | 59,863 million USD | 10 |
| 2020s | 57,311 million USD | 51,672 million USD | 61,128 million USD | 5 |
Countries ranked near Finland
- 56 New Zealand 54,132 million USD compare
- 57 South Africa 52,601 million USD compare
- 58 Egypt 51,891 million USD compare
- 60 Peru 50,917 million USD compare
- 61 Portugal 46,552 million USD compare
- 62 Czechoslovakia 40,884 million USD 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)
- SDRs holdings, US dollar, annual growth rate 3.08 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0153 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 856.76 units per person (2025)
- SDRs holdings, SDR, annual growth rate -1.84 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 625.6 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0077 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices in Finland?
- Gross fixed capital formation — value us$, 2015 prices in Finland was 51,672 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Finland?
- The highest recorded value was 61,128 million USD in 2022.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Finland?
- The lowest recorded value was 22,758 million USD in 1970.
- How does Finland rank for gross fixed capital formation — value us$, 2015 prices?
- Finland ranks 59th out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices 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 US$, 2015 prices. 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).