Annual GDP growth in Finland

Finland: Annual GDP growth was 0.4% in 2024. ◆ Volatile

Latest (2024)
0.4%
Change on year
up 129.1%
World rank
179th
of 196 countries
All-time high
6.4%
in 1997
All-time low
-8.1%
in 2009
Years of data
45
1980–2024

Annual GDP growth in Finland, 1980–2024

-10-5051980200220241980: 5.7 %1981: 1.3 %1982: 3.1 %1983: 3.1 %1984: 3.2 %1985: 3.5 %1986: 2.7 %1987: 3.6 %1988: 5.2 %1989: 5.1 %1990: 0.211 %1991: -5.9 %1992: -3.3 %1993: -0.781 %1994: 4 %1995: 4.2 %1996: 3.7 %1997: 6.4 %1998: 5.5 %1999: 4.4 %2000: 5.8 %2001: 2.6 %2002: 1.7 %2003: 2 %2004: 4 %2005: 2.8 %2006: 4 %2007: 5.3 %2008: 0.784 %2009: -8.1 %2010: 3.2 %2011: 2.4 %2012: -1.5 %2013: -0.98 %2014: -0.478 %2015: 0.467 %2016: 2.6 %2017: 3.3 %2018: 1.2 %2019: 1.4 %2020: -2.5 %2021: 2.7 %2022: 0.763 %2023: -1.3 %2024: 0.375 %

Source: International Monetary Fund (2026) – with minor processing by Our World in Data. Measured in %.

Analysis

Finland recorded 0.4% for annual gdp growth in 2024.

Compared with earlier readings it is up 129.1% on the previous year and up 178.5% over ten years.

Over the whole period, annual gdp growth in Finland peaked at 6.4% in 1997 and was at its lowest, -8.1%, in 2009.

That places Finland 179th out of 196 countries with data for 2024, putting it in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1980s 3.7% 1.3% 5.7% 10
1990s 1.8% -5.9% 6.4% 10
2000s 2.1% -8.1% 5.8% 10
2010s 1.1% -1.5% 3.3% 10
2020s 0.0% -2.5% 2.7% 5

Countries ranked near Finland

  1. 176 Italy 0.5% compare
  2. 177 Hungary 0.4% compare
  3. 178 San Marino 0.4% compare
  4. 181 Germany 0.2% compare
  5. 182 New Zealand 0.2% compare

See the full ranking of 198 places →

More economy & growth data for Finland

All data for Finland →

Frequently asked questions

What is annual gdp growth in Finland?
Annual gdp growth in Finland was 0.4% in 2024, according to International Monetary Fund (2026) – with minor processing by Our World in Data.
What is the highest annual gdp growth recorded in Finland?
The highest recorded value was 6.4% in 1997.
What is the lowest annual gdp growth recorded in Finland?
The lowest recorded value was -8.1% in 2009.
How does Finland rank for annual gdp growth?
Finland ranks 179th out of 196 countries with data for 2024.
Is annual gdp growth rising or falling in Finland?
Over the last ten years it is up 178.5%. The long-run trend across the full record is volatile.
Where does this Finland data come from?
The figures come from International Monetary Fund (2026) – with minor processing by Our World in Data, published as part of Annual GDP growth. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Annual GDP growth
Unit
%
Source
International Monetary Fund (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
198 places, 8,084 data points, 1980–2026
Last refreshed

Annual percent change in gross domestic product. This data is adjusted for inflation.