Value Added (Total Manufacturing) — Value US$, 2015 prices in Finland
Finland: Value Added (Total Manufacturing) — Value US$, 2015 prices was 36,926 million USD in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value US$, 2015 prices in Finland, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2023, value added (total manufacturing) — value us$, 2015 prices in Finland stood at 36,926 million USD.
Compared with earlier readings it is up 0.3% on the previous year and up 6.1% over ten years.
Over the whole period, value added (total manufacturing) — value us$, 2015 prices in Finland peaked at 48,233 million USD in 2007 and was at its lowest, 8,945 million USD, in 1970.
That places Finland 52nd out of 236 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added (Total Manufacturing) — Value US$, 2015 prices in Finland, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 8,945 million USD | — |
| 1971 | 9,093 million USD | +1.7% |
| 1972 | 10,121 million USD | +11.3% |
| 1973 | 10,774 million USD | +6.5% |
| 1974 | 11,254 million USD | +4.5% |
| 1975 | 10,677 million USD | -5.1% |
| 1976 | 10,779 million USD | +1.0% |
| 1977 | 10,679 million USD | -0.9% |
| 1978 | 11,152 million USD | +4.4% |
| 1979 | 12,421 million USD | +11.4% |
| 1980 | 13,367 million USD | +7.6% |
| 1981 | 13,785 million USD | +3.1% |
| 1982 | 13,910 million USD | +0.9% |
| 1983 | 14,298 million USD | +2.8% |
| 1984 | 14,935 million USD | +4.5% |
| 1985 | 15,583 million USD | +4.3% |
| 1986 | 15,936 million USD | +2.3% |
| 1987 | 16,888 million USD | +6.0% |
| 1988 | 17,644 million USD | +4.5% |
| 1989 | 18,430 million USD | +4.5% |
| 1990 | 18,382 million USD | -0.3% |
| 1991 | 16,158 million USD | -12.1% |
| 1992 | 16,356 million USD | +1.2% |
| 1993 | 17,247 million USD | +5.4% |
| 1994 | 19,452 million USD | +12.8% |
| 1995 | 20,834 million USD | +7.1% |
| 1996 | 21,582 million USD | +3.6% |
| 1997 | 23,735 million USD | +10.0% |
| 1998 | 26,234 million USD | +10.5% |
| 1999 | 28,705 million USD | +9.4% |
| 2000 | 32,783 million USD | +14.2% |
| 2001 | 33,969 million USD | +3.6% |
| 2002 | 35,097 million USD | +3.3% |
| 2003 | 36,107 million USD | +2.9% |
| 2004 | 37,874 million USD | +4.9% |
| 2005 | 39,320 million USD | +3.8% |
| 2006 | 43,814 million USD | +11.4% |
| 2007 | 48,233 million USD | +10.1% |
| 2008 | 46,973 million USD | -2.6% |
| 2009 | 36,069 million USD | -23.2% |
| 2010 | 38,959 million USD | +8.0% |
| 2011 | 38,969 million USD | +0.0% |
| 2012 | 34,528 million USD | -11.4% |
| 2013 | 34,800 million USD | +0.8% |
| 2014 | 34,480 million USD | -0.9% |
| 2015 | 34,611 million USD | +0.4% |
| 2016 | 36,280 million USD | +4.8% |
| 2017 | 38,978 million USD | +7.4% |
| 2018 | 37,390 million USD | -4.1% |
| 2019 | 38,891 million USD | +4.0% |
| 2020 | 37,810 million USD | -2.8% |
| 2021 | 37,936 million USD | +0.3% |
| 2022 | 36,830 million USD | -2.9% |
| 2023 | 36,926 million USD | +0.3% |
Finland compared with similar countries
- Finland's 36,926 million USD is above the median for high income countries, which is 9,626 million USD, 3.8× the median. (73 countries reporting)
- Finland's 36,926 million USD is above the median for Europe & Central Asia, which is 12,800 million USD, 2.9× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10,590 million USD | 8,945 million USD | 12,421 million USD | 10 |
| 1980s | 15,478 million USD | 13,367 million USD | 18,430 million USD | 10 |
| 1990s | 20,869 million USD | 16,158 million USD | 28,705 million USD | 10 |
| 2000s | 39,024 million USD | 32,783 million USD | 48,233 million USD | 10 |
| 2010s | 36,789 million USD | 34,480 million USD | 38,978 million USD | 10 |
| 2020s | 37,376 million USD | 36,830 million USD | 37,936 million USD | 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)
- 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$), annual growth rate 24.81 % change on previous year (2025)
Frequently asked questions
- What is value added (total manufacturing) — value us$, 2015 prices in Finland?
- Value added (total manufacturing) — value us$, 2015 prices in Finland was 36,926 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$, 2015 prices recorded in Finland?
- The highest recorded value was 48,233 million USD in 2007.
- What is the lowest value added (total manufacturing) — value us$, 2015 prices recorded in Finland?
- The lowest recorded value was 8,945 million USD in 1970.
- How does Finland rank for value added (total manufacturing) — value us$, 2015 prices?
- Finland ranks 52nd out of 236 countries with data for 2023.
- Is value added (total manufacturing) — value us$, 2015 prices rising or falling in Finland?
- Over the last ten years it is up 6.1%. The long-run trend across the full record is rising.
- Where does this Finland data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Value US$, 2015 prices. 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).