Value Added (Total Manufacturing) — Value US$ in Finland

Finland: Value Added (Total Manufacturing) — Value US$ was 44,136 million USD in 2023. ◆ Volatile

Latest (2023)
44,136 million USD
Change on year
up 0.1%
World rank
50th
of 236 countries
All-time high
59,398 million USD
in 2008
All-time low
2,560 million USD
in 1970
Years of data
54
1970–2023

Value Added (Total Manufacturing) — Value US$ in Finland, 1970–2023

020.0k40.0k60.0k197019962023

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

Finland recorded 44,136 million USD for value added (total manufacturing) — value us$ in 2023.

Compared with earlier readings it is up 0.1% on the previous year and up 11.5% over ten years.

Over the whole period, value added (total manufacturing) — value us$ in Finland peaked at 59,398 million USD in 2008 and was at its lowest, 2,560 million USD, in 1970.

That places Finland 50th out of 236 countries with data for 2023, putting it in the top quarter.

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

Value Added (Total Manufacturing) — Value US$ in Finland, year by year

Annual values for Value Added (Total Manufacturing) — Value US$ in Finland, 1970 to 2023.
Year million USD Change
1970 2,560 million USD —
1971 2,736 million USD +6.9%
1972 3,299 million USD +20.6%
1973 4,448 million USD +34.8%
1974 6,203 million USD +39.5%
1975 6,775 million USD +9.2%
1976 7,298 million USD +7.7%
1977 7,455 million USD +2.2%
1978 8,327 million USD +11.7%
1979 10,646 million USD +27.9%
1980 12,985 million USD +22.0%
1981 12,264 million USD -5.5%
1982 11,962 million USD -2.5%
1983 11,358 million USD -5.1%
1984 11,792 million USD +3.8%
1985 12,130 million USD +2.9%
1986 15,263 million USD +25.8%
1987 19,366 million USD +26.9%
1988 22,583 million USD +16.6%
1989 24,343 million USD +7.8%
1990 27,596 million USD +13.4%
1991 21,923 million USD -20.6%
1992 20,375 million USD -7.1%
1993 17,694 million USD -13.2%
1994 21,683 million USD +22.5%
1995 29,833 million USD +37.6%
1996 28,268 million USD -5.2%
1997 27,486 million USD -2.8%
1998 30,708 million USD +11.7%
1999 30,877 million USD +0.5%
2000 30,434 million USD -1.4%
2001 30,572 million USD +0.5%
2002 32,107 million USD +5.0%
2003 37,673 million USD +17.3%
2004 42,543 million USD +12.9%
2005 43,467 million USD +2.2%
2006 47,349 million USD +8.9%
2007 56,736 million USD +19.8%
2008 59,398 million USD +4.7%
2009 42,255 million USD -28.9%
2010 42,501 million USD +0.6%
2011 44,998 million USD +5.9%
2012 37,575 million USD -16.5%
2013 39,577 million USD +5.3%
2014 39,935 million USD +0.9%
2015 34,611 million USD -13.3%
2016 35,214 million USD +1.7%
2017 39,027 million USD +10.8%
2018 40,506 million USD +3.8%
2019 39,284 million USD -3.0%
2020 39,213 million USD -0.2%
2021 43,958 million USD +12.1%
2022 44,080 million USD +0.3%
2023 44,136 million USD +0.1%

Finland compared with similar countries

  • Finland's 44,136 million USD is above the median for high income countries, which is 11,780 million USD, 3.7× the median. (73 countries reporting)
  • Finland's 44,136 million USD is above the median for Europe & Central Asia, which is 15,638 million USD, 2.8× the median. (52 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 5,975 million USD 2,560 million USD 10,646 million USD 10
1980s 15,405 million USD 11,358 million USD 24,343 million USD 10
1990s 25,644 million USD 17,694 million USD 30,877 million USD 10
2000s 42,253 million USD 30,434 million USD 59,398 million USD 10
2010s 39,323 million USD 34,611 million USD 44,998 million USD 10
2020s 42,847 million USD 39,213 million USD 44,136 million USD 4

Countries ranked near Finland

  1. 47 Egypt 49,950 million USD compare
  2. 48 South Africa 48,810 million USD compare
  3. 49 Romania 44,275 million USD compare
  4. 51 Pakistan 40,708 million USD compare
  5. 52 Colombia 39,596 million USD compare
  6. 53 Yugoslav SFR 37,238 million USD compare

See the full ranking of 266 places →

More economy & growth data for Finland

All data for Finland →

Frequently asked questions

What is value added (total manufacturing) — value us$ in Finland?
Value added (total manufacturing) — value us$ in Finland was 44,136 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
What is the highest value added (total manufacturing) — value us$ recorded in Finland?
The highest recorded value was 59,398 million USD in 2008.
What is the lowest value added (total manufacturing) — value us$ recorded in Finland?
The lowest recorded value was 2,560 million USD in 1970.
How does Finland rank for value added (total manufacturing) — value us$?
Finland ranks 50th out of 236 countries with data for 2023.
Is value added (total manufacturing) — value us$ rising or falling in Finland?
Over the last ten years it is up 11.5%. 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 Value Added (Total Manufacturing) — Value US$. Statizoid updates them automatically from the source API.

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Value Added (Total Manufacturing) — Value US$ in Finland. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 27 September 2026, from https://economy.statizoid.com/stat/value-added-total-manufacturing-value-us/finland/

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About this data

Indicator
Value Added (Total Manufacturing) — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
266 places, 13,170 data points, 1970–2023
Last refreshed

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).