Gross Fixed Capital Formation — Value US$ (US Value) in Finland
Finland: Gross Fixed Capital Formation — Value US$ (US Value) was 63,980 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$ 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$ 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 54th of 235 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$ (US Value) in Finland, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 3,170 million USD | — |
| 1971 | 3,661 million USD | +15.5% |
| 1972 | 4,376 million USD | +19.5% |
| 1973 | 5,968 million USD | +36.4% |
| 1974 | 7,898 million USD | +32.3% |
| 1975 | 9,866 million USD | +24.9% |
| 1976 | 9,525 million USD | -3.5% |
| 1977 | 9,780 million USD | +2.7% |
| 1978 | 9,387 million USD | -4.0% |
| 1979 | 11,212 million USD | +19.4% |
| 1980 | 14,657 million USD | +30.7% |
| 1981 | 14,226 million USD | -2.9% |
| 1982 | 14,474 million USD | +1.7% |
| 1983 | 14,167 million USD | -2.1% |
| 1984 | 13,922 million USD | -1.7% |
| 1985 | 14,892 million USD | +7.0% |
| 1986 | 19,216 million USD | +29.0% |
| 1987 | 24,656 million USD | +28.3% |
| 1988 | 30,726 million USD | +24.6% |
| 1989 | 36,365 million USD | +18.4% |
| 1990 | 41,980 million USD | +15.4% |
| 1991 | 33,059 million USD | -21.3% |
| 1992 | 25,012 million USD | -24.3% |
| 1993 | 17,084 million USD | -31.7% |
| 1994 | 19,267 million USD | +12.8% |
| 1995 | 25,951 million USD | +34.7% |
| 1996 | 27,169 million USD | +4.7% |
| 1997 | 27,178 million USD | +0.0% |
| 1998 | 29,842 million USD | +9.8% |
| 1999 | 30,427 million USD | +2.0% |
| 2000 | 29,119 million USD | -4.3% |
| 2001 | 29,690 million USD | +2.0% |
| 2002 | 30,391 million USD | +2.4% |
| 2003 | 37,466 million USD | +23.3% |
| 2004 | 44,037 million USD | +17.5% |
| 2005 | 47,050 million USD | +6.8% |
| 2006 | 49,501 million USD | +5.2% |
| 2007 | 62,122 million USD | +25.5% |
| 2008 | 70,082 million USD | +12.8% |
| 2009 | 58,284 million USD | -16.8% |
| 2010 | 57,010 million USD | -2.2% |
| 2011 | 63,128 million USD | +10.7% |
| 2012 | 60,114 million USD | -4.8% |
| 2013 | 60,445 million USD | +0.6% |
| 2014 | 59,464 million USD | -1.6% |
| 2015 | 50,018 million USD | -15.9% |
| 2016 | 55,129 million USD | +10.2% |
| 2017 | 60,210 million USD | +9.2% |
| 2018 | 67,438 million USD | +12.0% |
| 2019 | 65,280 million USD | -3.2% |
| 2020 | 66,655 million USD | +2.1% |
| 2021 | 71,890 million USD | +7.9% |
| 2022 | 69,935 million USD | -2.7% |
| 2023 | 68,512 million USD | -2.0% |
| 2024 | 63,980 million USD | -6.6% |
Finland compared with similar countries
- Finland's 63,980 million USD is above the median for high income countries, which is 20,129 million USD, 3.2× the median. (73 countries reporting)
- Finland's 63,980 million USD is above the median for Europe & Central Asia, which is 26,071 million USD, 2.5× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 51 Kazakhstan 72,576 million USD compare
- 52 New Zealand 65,410 million USD compare
- 53 China, Hong Kong SAR 65,266 million USD compare
- 55 Portugal 61,399 million USD compare
- 56 Nigeria 60,926 million USD compare
- 57 Peru 60,373 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$ 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$?
- Finland ranks 54th out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$ 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.
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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).