Gross Fixed Capital Formation — Value US$ in Finland

Finland: Gross Fixed Capital Formation — Value US$ was 63,980 million USD in 2024. ◆ Volatile

Latest (2024)
63,980 million USD
Change on year
down 6.6%
World rank
49th
of 219 countries
All-time high
71,890 million USD
in 2021
All-time low
3,170 million USD
in 1970
Years of data
55
1970–2024

Gross Fixed Capital Formation — Value US$ in Finland, 1970–2024

020.0k40.0k60.0k80.0k197019972024

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$ in Finland is 63,980 million USD, measured in 2024.

The figure is down 6.6% on the previous year and up 7.6% over ten years.

Over the whole period, gross fixed capital formation — value us$ in Finland peaked at 71,890 million USD in 2021 and was at its lowest, 3,170 million USD, in 1970.

Finland ranks 49th of 219 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 7,484 million USD 3,170 million USD 11,212 million USD 10
1980s 19,730 million USD 13,922 million USD 36,365 million USD 10
1990s 27,697 million USD 17,084 million USD 41,980 million USD 10
2000s 45,774 million USD 29,119 million USD 70,082 million USD 10
2010s 59,824 million USD 50,018 million USD 67,438 million USD 10
2020s 68,195 million USD 63,980 million USD 71,890 million USD 5

Countries ranked near Finland

  1. 46 Kazakhstan 72,576 million USD compare
  2. 47 New Zealand 65,410 million USD compare
  3. 48 China, Hong Kong SAR 65,266 million USD compare
  4. 50 Portugal 61,399 million USD compare
  5. 51 Nigeria 60,926 million USD compare
  6. 52 Peru 60,373 million USD compare

See the full ranking of 251 places →

More economy & growth data for Finland

All data for Finland →

Frequently asked questions

What is gross fixed capital formation — value us$ in Finland?
Gross fixed capital formation — value us$ in Finland was 63,980 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation — value us$ recorded in Finland?
The highest recorded value was 71,890 million USD in 2021.
What is the lowest gross fixed capital formation — value us$ recorded in Finland?
The lowest recorded value was 3,170 million USD in 1970.
How does Finland rank for gross fixed capital formation — value us$?
Finland ranks 49th out of 219 countries with data for 2024.
Is gross fixed capital formation — value us$ rising or falling in Finland?
Over the last ten years it is up 7.6%. 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 Fixed Capital Formation — Value US$. 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

Indicator
Gross Fixed Capital Formation — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
251 places, 12,844 data points, 1970–2024
Last refreshed

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).