Value Added (Total Manufacturing) — Value Standard Local Currency in Finland
Finland: Value Added (Total Manufacturing) — Value Standard Local Currency was 33,281 million SLC in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value Standard Local Currency in Finland, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for value added (total manufacturing) — value standard local currency in Finland is 33,281 million SLC, measured in 2023.
That represents a change of up 0.3% on the previous year and up 6.1% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Finland peaked at 43,472 million SLC in 2007 and was at its lowest, 8,062 million SLC, in 1970.
Finland ranks 105th of 194 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added (Total Manufacturing) — Value Standard Local Currency in Finland, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 8,062 million SLC | — |
| 1971 | 8,196 million SLC | +1.7% |
| 1972 | 9,122 million SLC | +11.3% |
| 1973 | 9,711 million SLC | +6.5% |
| 1974 | 10,143 million SLC | +4.5% |
| 1975 | 9,623 million SLC | -5.1% |
| 1976 | 9,715 million SLC | +1.0% |
| 1977 | 9,625 million SLC | -0.9% |
| 1978 | 10,052 million SLC | +4.4% |
| 1979 | 11,195 million SLC | +11.4% |
| 1980 | 12,048 million SLC | +7.6% |
| 1981 | 12,424 million SLC | +3.1% |
| 1982 | 12,537 million SLC | +0.9% |
| 1983 | 12,887 million SLC | +2.8% |
| 1984 | 13,461 million SLC | +4.5% |
| 1985 | 14,045 million SLC | +4.3% |
| 1986 | 14,363 million SLC | +2.3% |
| 1987 | 15,221 million SLC | +6.0% |
| 1988 | 15,902 million SLC | +4.5% |
| 1989 | 16,611 million SLC | +4.5% |
| 1990 | 16,568 million SLC | -0.3% |
| 1991 | 14,563 million SLC | -12.1% |
| 1992 | 14,742 million SLC | +1.2% |
| 1993 | 15,545 million SLC | +5.4% |
| 1994 | 17,532 million SLC | +12.8% |
| 1995 | 18,778 million SLC | +7.1% |
| 1996 | 19,452 million SLC | +3.6% |
| 1997 | 21,392 million SLC | +10.0% |
| 1998 | 23,645 million SLC | +10.5% |
| 1999 | 25,872 million SLC | +9.4% |
| 2000 | 29,547 million SLC | +14.2% |
| 2001 | 30,616 million SLC | +3.6% |
| 2002 | 31,633 million SLC | +3.3% |
| 2003 | 32,543 million SLC | +2.9% |
| 2004 | 34,136 million SLC | +4.9% |
| 2005 | 35,439 million SLC | +3.8% |
| 2006 | 39,489 million SLC | +11.4% |
| 2007 | 43,472 million SLC | +10.1% |
| 2008 | 42,337 million SLC | -2.6% |
| 2009 | 32,509 million SLC | -23.2% |
| 2010 | 35,114 million SLC | +8.0% |
| 2011 | 35,123 million SLC | +0.0% |
| 2012 | 31,120 million SLC | -11.4% |
| 2013 | 31,365 million SLC | +0.8% |
| 2014 | 31,077 million SLC | -0.9% |
| 2015 | 31,195 million SLC | +0.4% |
| 2016 | 32,699 million SLC | +4.8% |
| 2017 | 35,131 million SLC | +7.4% |
| 2018 | 33,699 million SLC | -4.1% |
| 2019 | 35,052 million SLC | +4.0% |
| 2020 | 34,078 million SLC | -2.8% |
| 2021 | 34,192 million SLC | +0.3% |
| 2022 | 33,195 million SLC | -2.9% |
| 2023 | 33,281 million SLC | +0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9,544 million SLC | 8,062 million SLC | 11,195 million SLC | 10 |
| 1980s | 13,950 million SLC | 12,048 million SLC | 16,611 million SLC | 10 |
| 1990s | 18,809 million SLC | 14,563 million SLC | 25,872 million SLC | 10 |
| 2000s | 35,172 million SLC | 29,547 million SLC | 43,472 million SLC | 10 |
| 2010s | 33,158 million SLC | 31,077 million SLC | 35,131 million SLC | 10 |
| 2020s | 33,686 million SLC | 33,195 million SLC | 34,192 million SLC | 4 |
Countries ranked near Finland
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)
- Gross domestic savings (current US$), annual growth rate 8.04 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.2316 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 13,005 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate 3.48 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 0.205 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 11,509 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 7.36 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.984 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is value added (total manufacturing) — value standard local currency in Finland?
- Value added (total manufacturing) — value standard local currency in Finland was 33,281 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value standard local currency recorded in Finland?
- The highest recorded value was 43,472 million SLC in 2007.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Finland?
- The lowest recorded value was 8,062 million SLC in 1970.
- How does Finland rank for value added (total manufacturing) — value standard local currency?
- Finland ranks 105th out of 194 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Finland?
- Over the last ten years it is up 6.1%. 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 Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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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).