Value Added Deflator (Manufacturing) — Value Standard Local Currency in Finland
Finland: Value Added Deflator (Manufacturing) — Value Standard Local Currency was -2.74 % change on previous year in 2023. ◆ Volatile
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Finland, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Finland recorded -2.74 % change on previous year for value added deflator (manufacturing) — value standard local currency in 2023.
That represents a change of down 117.1% on the previous year and down 349.8% over ten years.
Over the whole period, value added deflator (manufacturing) — value standard local currency in Finland peaked at 31.86 % change on previous year in 1974 and was at its lowest, -4.66 % change on previous year, in 2003.
That places Finland 178th out of 209 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Finland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 4.75 % change on previous year | — |
| 1972 | 7.33 % change on previous year | +54.2% |
| 1973 | 16.72 % change on previous year | +128.2% |
| 1974 | 31.86 % change on previous year | +90.6% |
| 1975 | 12.23 % change on previous year | -61.6% |
| 1976 | 12.07 % change on previous year | -1.3% |
| 1977 | 7.51 % change on previous year | -37.8% |
| 1978 | 9.29 % change on previous year | +23.6% |
| 1979 | 8.61 % change on previous year | -7.3% |
| 1980 | 8.52 % change on previous year | -1.0% |
| 1981 | 5.96 % change on previous year | -30.1% |
| 1982 | 7.97 % change on previous year | +33.7% |
| 1983 | 6.73 % change on previous year | -15.5% |
| 1984 | 7.24 % change on previous year | +7.6% |
| 1985 | 1.68 % change on previous year | -76.8% |
| 1986 | 0.6395 % change on previous year | -61.9% |
| 1987 | 3.81 % change on previous year | +495.9% |
| 1988 | 6.21 % change on previous year | +63.1% |
| 1989 | 5.87 % change on previous year | -5.6% |
| 1990 | 1.27 % change on previous year | -78.4% |
| 1991 | -4.41 % change on previous year | -447.0% |
| 1992 | 1.69 % change on previous year | -138.4% |
| 1993 | 5.02 % change on previous year | +196.5% |
| 1994 | -0.6401 % change on previous year | -112.7% |
| 1995 | 7.39 % change on previous year | -1254.0% |
| 1996 | -3.78 % change on previous year | -151.1% |
| 1997 | -0.0748 % change on previous year | -98.0% |
| 1998 | 4.05 % change on previous year | -5513.6% |
| 1999 | -4.07 % change on previous year | -200.5% |
| 2000 | -0.4081 % change on previous year | -90.0% |
| 2001 | -0.0242 % change on previous year | -94.1% |
| 2002 | -3.73 % change on previous year | +15288.9% |
| 2003 | -4.66 % change on previous year | +25.0% |
| 2004 | -2.1 % change on previous year | -54.8% |
| 2005 | -1.6 % change on previous year | -24.0% |
| 2006 | -3.14 % change on previous year | +96.4% |
| 2007 | -0.2759 % change on previous year | -91.2% |
| 2008 | 0.1683 % change on previous year | -161.0% |
| 2009 | -2.31 % change on previous year | -1471.4% |
| 2010 | -2.03 % change on previous year | -12.2% |
| 2011 | 0.8101 % change on previous year | -139.9% |
| 2012 | 2.11 % change on previous year | +160.0% |
| 2013 | 1.1 % change on previous year | -48.0% |
| 2014 | 1.81 % change on previous year | +65.4% |
| 2015 | 3.38 % change on previous year | +86.8% |
| 2016 | -2.71 % change on previous year | -180.1% |
| 2017 | 1.08 % change on previous year | -139.7% |
| 2018 | 3.5 % change on previous year | +225.2% |
| 2019 | -1.64 % change on previous year | -146.8% |
| 2020 | 0.6303 % change on previous year | -138.4% |
| 2021 | 7.9 % change on previous year | +1153.0% |
| 2022 | 16.01 % change on previous year | +102.7% |
| 2023 | -2.74 % change on previous year | -117.1% |
Finland compared with similar countries
- Finland's -2.74 % change on previous year is below the median for high income countries, which is 4.9 % change on previous year. (68 countries reporting)
- Finland's -2.74 % change on previous year is below the median for Europe & Central Asia, which is 5.11 % change on previous year. (48 countries reporting)
Biggest year-on-year movements
Years where Value Added Deflator (Manufacturing) — Value Standard Local Currency in Finland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2002 | -15288.9% | -0.0242 % change on previous year | -3.73 % change on previous year |
| 1998 | +5513.6% | -0.0748 % change on previous year | 4.05 % change on previous year |
| 2009 | -1471.4% | 0.1683 % change on previous year | -2.31 % change on previous year |
| 1995 | +1254.0% | -0.6401 % change on previous year | 7.39 % change on previous year |
| 2021 | +1153.0% | 0.6303 % change on previous year | 7.9 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.26 % change on previous year | 4.75 % change on previous year | 31.86 % change on previous year | 9 |
| 1980s | 5.46 % change on previous year | 0.6395 % change on previous year | 8.52 % change on previous year | 10 |
| 1990s | 0.6451 % change on previous year | -4.41 % change on previous year | 7.39 % change on previous year | 10 |
| 2000s | -1.81 % change on previous year | -4.66 % change on previous year | 0.1683 % change on previous year | 10 |
| 2010s | 0.7405 % change on previous year | -2.71 % change on previous year | 3.5 % change on previous year | 10 |
| 2020s | 5.45 % change on previous year | -2.74 % change on previous year | 16.01 % change on previous year | 4 |
Countries ranked near Finland
- 175 Greece -2.23 % change on previous year compare
- 176 Cabo Verde -2.59 % change on previous year compare
- 177 Mali -2.71 % change on previous year compare
- 179 Burkina Faso -2.78 % change on previous year compare
- 180 China, mainland -3.02 % change on previous year compare
- 181 Bhutan -3.35 % change on previous year 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 6.68 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0211 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,183 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -285.87 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -103.27 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0009 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -50.63 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 24.81 % change on previous year (2025)
Frequently asked questions
- What is value added deflator (manufacturing) — value standard local currency in Finland?
- Value added deflator (manufacturing) — value standard local currency in Finland was -2.74 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest value added deflator (manufacturing) — value standard local currency recorded in Finland?
- The highest recorded value was 31.86 % change on previous year in 1974.
- What is the lowest value added deflator (manufacturing) — value standard local currency recorded in Finland?
- The lowest recorded value was -4.66 % change on previous year in 2003.
- How does Finland rank for value added deflator (manufacturing) — value standard local currency?
- Finland ranks 178th out of 209 countries with data for 2023.
- Is value added deflator (manufacturing) — value standard local currency rising or falling in Finland?
- Over the last ten years it is down 349.8%. The long-run trend across the full record is volatile.
- Where does this Finland data come from?
- The figures come from Statizoid (derived), published as part of Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Value Added Deflator (Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.