Finland Labour Productivity Growth
1991 - 2024 | Quarterly | % | CEIC Data
Key information about Finland Labour Productivity Growth
- Finland Labour Productivity improved by 1.75 % YoY in Dec 2024, compared with a growth of 1.32 % in the previous quarter
- Finland Labour Productivity Growth data is updated quarterly, available from Mar 1991 to Dec 2024, averaging at 1.35 %
- The data reached an all-time high of 6.94 % in Dec 1993 and a record low of -8.76 % in Mar 2009
CEIC calculates Labour Productivity Growth from quarterly Real GDP and quarterly Employment. Statistics Finland provides Real GDP in EUR, at 2015 prices. Eurostat provides Employment
View Finland's Labour Productivity Growth from Mar 1991 to Dec 2024 in the chart:
What was Finland's Labour Productivity Growth in Dec 2024?
Finland Labour Productivity improved by 1.75 % YoY in Dec 2024, compared with a growth of 1.32 % in the previous quarter See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 1.75 Dec 2024 | 1.32 Sep 2024 | -8.76 Mar 2009 | 6.94 Dec 1993 | % | quarterly | Mar 1991 - Dec 2024 |
Labour Productivity Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 1.59 Jun 2023 | quarterly | Mar 2010 - Jun 2023 |
| Algeria (%) | 2.13 2023 | yearly | 1992 - 2023 |
| Argentina (%) | -4.29 2023 | yearly | 1992 - 2023 |
| Armenia (%) | 6.91 Sep 2024 | quarterly | Mar 2009 - Sep 2024 |
| Australia (%) | -1.36 Dec 2024 | quarterly | Jun 1979 - Dec 2024 |
| Austria (%) | -0.33 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| Azerbaijan (%) | 3.56 Sep 2024 | quarterly | Mar 2009 - Sep 2024 |
| Bahrain (%) | -3.79 Jun 2023 | quarterly | Mar 2009 - Jun 2023 |
| Bangladesh (%) | 3.97 2023 | yearly | 1992 - 2023 |
| Belarus (%) | 3.86 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| Belgium (%) | 0.41 Dec 2024 | quarterly | Mar 2000 - Dec 2024 |
| Bolivia (%) | 0.41 2023 | yearly | 2000 - 2023 |
| Bosnia and Herzegovina (%) | -0.91 2023 | yearly | 2007 - 2023 |
| Botswana (%) | 7.48 Dec 2022 | quarterly | Sep 2008 - Dec 2022 |
| Brazil (%) | 0.53 2024 | yearly | 1992 - 2024 |
| Brunei (%) | 1.40 2024 | yearly | 1992 - 2024 |
| Bulgaria (%) | 3.15 Dec 2024 | quarterly | Mar 2001 - Dec 2024 |
| Cambodia (%) | 1.04 2021 | yearly | 2008 - 2021 |
| Canada (%) | 0.47 Dec 2024 | quarterly | Mar 1977 - Dec 2024 |
| Chile (%) | -0.25 Sep 2024 | quarterly | Mar 1987 - Sep 2024 |
| China (%) | 5.84 2024 | yearly | 1953 - 2024 |
| Colombia (%) | 0.16 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
| Croatia (%) | -1.53 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
| Cyprus (%) | 0.27 Dec 2024 | quarterly | Jun 2005 - Dec 2024 |
| Czech Republic (%) | -0.23 Sep 2024 | quarterly | Mar 1997 - Sep 2024 |
| Denmark (%) | 2.65 Dec 2024 | quarterly | Mar 1991 - Dec 2024 |
| Ecuador (%) | 1.76 2023 | yearly | 1992 - 2023 |
| Egypt (%) | 2.27 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| Estonia (%) | 0.98 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| European Union (%) | 0.67 Dec 2024 | quarterly | Mar 2006 - Dec 2024 |
| Finland (%) | 1.75 Dec 2024 | quarterly | Mar 1991 - Dec 2024 |
| France (%) | -0.13 2023 | yearly | 1979 - 2023 |
| Georgia (%) | 3.72 2023 | yearly | 1997 - 2023 |
| Germany (%) | -0.38 Dec 2024 | quarterly | Mar 1992 - Dec 2024 |
| Ghana (%) | 0.45 2023 | yearly | 1992 - 2023 |
| Greece (%) | 1.34 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Hong Kong SAR, China (%) | 2.27 Dec 2024 | quarterly | Dec 1982 - Dec 2024 |
| Hungary (%) | 0.89 Dec 2024 | quarterly | Mar 1999 - Dec 2024 |
| Iceland (%) | 0.23 Dec 2024 | quarterly | Mar 2004 - Dec 2024 |
| India (%) | 2.80 2022 | yearly | 1992 - 2022 |
| Indonesia (%) | 1.55 2024 | yearly | 2001 - 2024 |
| Iran (%) | 3.69 2023 | yearly | 1992 - 2023 |
| Ireland (%) | 6.43 Dec 2024 | quarterly | Mar 1999 - Dec 2024 |
| Israel (%) | 5.35 Dec 2024 | quarterly | Mar 2013 - Dec 2024 |
| Italy (%) | 0.01 Dec 2024 | quarterly | Mar 1997 - Dec 2024 |
| Ivory Coast (%) | 3.26 2023 | yearly | 1992 - 2023 |
| Japan (%) | 0.41 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Jordan (%) | 1.17 2021 | yearly | 2001 - 2021 |
| Kazakhstan (%) | 3.91 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| Kenya (%) | 0.50 2023 | yearly | 2011 - 2023 |
| South Korea (%) | 1.01 Dec 2024 | quarterly | Sep 1983 - Dec 2024 |
| Kosovo (%) | -6.22 Dec 2023 | quarterly | Mar 2017 - Dec 2023 |
| Kuwait (%) | 1.60 2018 | yearly | 1992 - 2018 |
| Kyrgyzstan (%) | 5.93 2023 | yearly | 1993 - 2023 |
| Laos (%) | 1.80 2023 | yearly | 1992 - 2023 |
| Latvia (%) | 0.85 Dec 2024 | quarterly | Mar 2003 - Dec 2024 |
| Lebanon (%) | 2.12 2023 | yearly | 1992 - 2023 |
| Lithuania (%) | 2.12 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Luxembourg (%) | 0.02 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Macau SAR, China (%) | 1.46 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
| North Macedonia (%) | 1.27 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| Malawi (%) | -1.72 2023 | yearly | 1992 - 2023 |
| Malaysia (%) | 2.41 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
| Malta (%) | -1.43 Dec 2024 | quarterly | Dec 2001 - Dec 2024 |
| Mauritius (%) | 5.39 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Mexico (%) | 0.33 Dec 2024 | quarterly | Jun 1996 - Dec 2024 |
| Moldova (%) | 1.56 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
| Mongolia (%) | 2.25 Dec 2024 | quarterly | Sep 2007 - Dec 2024 |
| Montenegro (%) | 4.92 Sep 2024 | quarterly | Mar 2011 - Sep 2024 |
| Morocco (%) | 4.95 2023 | yearly | 2000 - 2023 |
| Mozambique (%) | 2.10 2023 | yearly | 1992 - 2023 |
| Myanmar (%) | -43.15 2022 | yearly | 1992 - 2022 |
| Nepal (%) | 1.46 2023 | yearly | 1992 - 2023 |
| Netherlands (%) | 1.13 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| New Zealand (%) | -0.50 Sep 2024 | quarterly | Jun 1988 - Sep 2024 |
| Nigeria (%) | 1.14 Sep 2018 | quarterly | Mar 2013 - Sep 2018 |
| Norway (%) | -0.90 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Oman (%) | -4.24 2023 | yearly | 1999 - 2023 |
| Pakistan (%) | -1.23 2019 | yearly | 2001 - 2019 |
| Palestinian Territory (%) | 2.87 Sep 2023 | quarterly | Dec 2009 - Sep 2023 |
| Panama (%) | 5.57 2023 | yearly | 1992 - 2023 |
| Paraguay (%) | 3.22 Sep 2024 | quarterly | Mar 2018 - Sep 2024 |
| Peru (%) | -0.87 2022 | yearly | 2002 - 2022 |
| Philippines (%) | 3.32 2023 | yearly | 1992 - 2023 |
| Poland (%) | 4.15 Dec 2024 | quarterly | Dec 1999 - Dec 2024 |
| Portugal (%) | 1.00 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Qatar (%) | -0.77 2023 | yearly | 2012 - 2023 |
| Romania (%) | 0.11 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Russia (%) | 3.11 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Saudi Arabia (%) | -3.93 2022 | yearly | 1971 - 2022 |
| Serbia (%) | 1.87 Sep 2024 | quarterly | Mar 2015 - Sep 2024 |
| Singapore (%) | 3.50 Dec 2024 | quarterly | Mar 1986 - Dec 2024 |
| Slovakia (%) | 1.57 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Slovenia (%) | 1.88 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| South Africa (%) | -0.89 Sep 2024 | quarterly | Mar 2009 - Sep 2024 |
| Spain (%) | 1.00 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Sri Lanka (%) | 5.03 Jun 2024 | quarterly | Jun 2013 - Jun 2024 |
| Sudan (%) | 3.26 2010 | yearly | 1996 - 2010 |
| Sweden (%) | 2.56 Dec 2024 | quarterly | Mar 1994 - Dec 2024 |
| Switzerland (%) | 0.89 Dec 2024 | quarterly | Mar 2011 - Dec 2024 |
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Learn more about what we doFinland Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -4.5 Dec 2024 | quarterly | Dec 1999 - Dec 2024 |
| Consolidated Fiscal Balance (USD mn) | -3,490.020 Dec 2024 | quarterly | Mar 1999 - Dec 2024 |
| Tax Revenue (USD mn) | 24,463.185 Dec 2024 | quarterly | Mar 1999 - Dec 2024 |
| Tax Revenue: % of GDP (%) | 31.7 Dec 2024 | quarterly | Mar 1999 - Dec 2024 |
| National Government Debt (USD mn) | 234,658.2 Dec 2024 | quarterly | Mar 2000 - Dec 2024 |
| Government Debt: % of GDP (%) | 82.1 Dec 2024 | quarterly | Mar 2000 - Dec 2024 |
| Forecast: Government Expenditure (EUR bn) | 185.332 2029 | yearly | 1980 - 2029 |
| Forecast: Government Net Debt (EUR bn) | 288.450 2029 | yearly | 1980 - 2029 |
| Forecast: Government Revenue (EUR bn) | 178.392 2029 | yearly | 1980 - 2029 |
| GG: Expenditure (EUR mn) | 42,266.000 Dec 2024 | quarterly | Mar 1999 - Dec 2024 |
| General Government (GG): Revenue (EUR mn) | 38,992.000 Dec 2024 | quarterly | Mar 1999 - Dec 2024 |
| GG: Net Lending/Net Borrowing (EUR mn) | -3,274.000 Dec 2024 | quarterly | Mar 1999 - Dec 2024 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 3.200 2029 | yearly | 1981 - 2029 |
| Trade Balance (USD mn) | 138.1 Nov 2024 | monthly | Jan 1992 - Nov 2024 |
| Total Exports (USD mn) | 6,581.5 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
| Total Exports Growth (%) | 1.5 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
| Aluminum: Exports (USD th) | 194,703.361 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 1,485,459.490 2023 | yearly | 1995 - 2023 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 356,903.326 2023 | yearly | 1995 - 2023 |
| Total Imports (USD mn) | 6,534.5 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
| Total Imports Growth (%) | -4.4 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
| Imports: Medicament (USD th) | 1,932,683.682 2023 | yearly | 1995 - 2023 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 682,886.133 2023 | yearly | 1995 - 2023 |
| Total Exports to USA (USD mn) | 669.077 Oct 2024 | monthly | Apr 1964 - Oct 2024 |
| Total Imports from USA (USD mn) | 382.348 Oct 2024 | monthly | Jan 1996 - Oct 2024 |
| Total Exports to China (USD mn) | 324.001 Dec 2024 | monthly | Feb 1981 - Dec 2024 |
| Total Imports from China (USD mn) | 539.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
| Exports: SITC: Basic Manufactures (BM) (EUR) | 1,377,144,510.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
| Exports: SITC: Machinery, Transport Equipment (MT) (EUR) | 1,923,740,747.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
| Exports: SITC: BM: Paper, Paperboard and Articles Thereof (EUR) | 484,819,502.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
| Exports: SITC: MT: Telecommunication, Sound Recording Equipment (EUR) | 50,003,220.00 Feb 2018 | monthly | Jan 1996 - Feb 2018 |
| Exports: SITC: Chemicals and Related Products (CP) (EUR) | 836,623,661.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
| Exports: Europe: Russia (EUR) | 31,781,236.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
| Exports: Europe: Germany (EUR) | 524,750,834.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
| Exports: Europe: Netherlands (EUR) | 426,405,636.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
| Exports: North America: United States of America (EUR) | 614,114,242.000 Oct 2024 | monthly | Jan 1996 - Oct 2024 |
| Exports: SITC (EUR) | 6,042,063,224.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
| Exports: Europe: Sweden (EUR) | 834,562,820.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
| Exports: sa (EUR mn) | 6,284.839 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
| Imports: SITC (EUR) | 6,101,020,888.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
| Imports: SITC: Machinery, Transport Equipment (MT) (EUR) | 2,232,438,588.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
| Imports: SITC: MF: Petroleum and Products (EUR) | 729,373,936.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
| Imports: SITC: BM: Iron and Steel (EUR) | 109,521,204.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
| Imports: SITC: Food and Live Animals (FA) (EUR) | 429,957,748.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
| Imports: SITC: Chemicals and Related Products (CP) (EUR) | 693,668,769.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
| Imports: Europe: Netherlands (EUR) | 310,527,154.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
| Imports: Rest of Asia: China (EUR) | 514,705,846.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
| Imports: Europe: Germany (EUR) | 735,838,816.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
| Imports: Europe: Sweden (EUR) | 654,480,916.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
| Imports: Europe: Russia (EUR) | 71,264,872.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
| Imports: sa (EUR mn) | 6,240.001 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
| BOF Forecast: Imports Volume Index: 2015=100 (2015=100) | 126.200 2024 | yearly | 2020 - 2024 |
| Import Value Index (2015=100) | 142.272 2021 | yearly | 1995 - 2021 |
| Export Value Index (2015=100) | 137.035 2021 | yearly | 1995 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.4 Jun 2024 | quarterly | Dec 2014 - Jun 2024 |
| Household Debt: % of GDP (%) | 74.9 2023 | yearly | 1995 - 2023 |
| Non-Performing Loans (USD mn) | 7,578.033 Jun 2024 | quarterly | Dec 2014 - Jun 2024 |
| Money Supply M1 (USD mn) | 140,277.532 Jan 2025 | monthly | Jan 1980 - Jan 2025 |
| Money Supply M2 (USD mn) | 166,474.236 Jan 2025 | monthly | Jan 1980 - Jan 2025 |
| M2 Growth (%) | 0.4 Jan 2025 | monthly | Jan 1981 - Jan 2025 |
| Reserve Requirement Ratio (%) | 1.0 Feb 2025 | monthly | Jan 1999 - Feb 2025 |
| Foreign Exchange Reserves (USD mn) | 9,200.9 Jan 2025 | monthly | Jan 2000 - Jan 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 3.068 Dec 2024 | quarterly | Mar 2000 - Dec 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.4 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
| Gold Reserves (USD mn) | 3,947.840 Jan 2025 | monthly | Jan 1970 - Jan 2025 |
| Total Deposits (USD mn) | 212,831.634 Jan 2025 | monthly | Jan 1999 - Jan 2025 |
| Total Deposits Growth (%) | -1.7 Jan 2025 | monthly | Jan 2000 - Jan 2025 |
| Domestic Credit (USD mn) | 377,211.1 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
| Domestic Credit Growth (%) | -1.5 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
| Debt Service Ratio: Households (%) | 8.400 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 19.300 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Credit to Households (USD bn) | 196.482 Sep 2024 | quarterly | Dec 1970 - Sep 2024 |
| Credit to Private Non-Financial Sector (USD bn) | 558.184 Sep 2024 | quarterly | Dec 1970 - Sep 2024 |
| Household Debt (USD mn) | 226,056.4 2023 | yearly | 1995 - 2023 |
| Total Loans (USD mn) | 292,676.839 Jan 2025 | monthly | Dec 1998 - Jan 2025 |
| Total Loans Growth (%) | -0.25 Jan 2025 | monthly | Dec 1999 - Jan 2025 |
| Private Debt: % of Nominal GDP (%) | 90.51 Dec 2024 | quarterly | Sep 1997 - Dec 2024 |
| Monetary Aggregates: M3: M2: M1: Overnight Deposits (EUR mn) | 134,882.242 Jan 2025 | monthly | Jan 1980 - Jan 2025 |
| Monetary Aggregates: M3: M2 (EUR mn) | 160,071.380 Jan 2025 | monthly | Jan 1980 - Jan 2025 |
| Monetary Aggregates: M3 (EUR mn) | 202,385.000 Jan 2025 | monthly | Jan 1980 - Jan 2025 |
| Currency in Circulation (EUR mn) | 26,586.990 Jan 2025 | monthly | Jan 1980 - Jan 2025 |
| Official Reserve Assets: Foreign Currency Reserve (EUR mn) | 8,690.000 Jan 2025 | monthly | Jan 2000 - Jan 2025 |
| Official Reserve Assets (EUR mn) | 17,911.000 Jan 2025 | monthly | Jan 2000 - Jan 2025 |
| Official Reserve Assets: Gold: incl Gold Deposits and Gold Swapped (EUR mn) | 1,767.000 Dec 2018 | monthly | Jan 2000 - Dec 2018 |
| MFIs Deposits: Euro Area: in EUR: NF: Households (EUR mn) | 115,201.354 Jan 2025 | monthly | Sep 1997 - Jan 2025 |
| MFIs Deposits: Euro Area (EUR mn) | 204,645.801 Jan 2025 | monthly | Jan 1999 - Jan 2025 |
| MFIs Loans: Euro Area (EUR mn) | 281,420.037 Jan 2025 | monthly | Dec 1998 - Jan 2025 |
| MFIs Loans: Euro Area: in EUR: NF: Households incl NPISH (EUR mn) | 143,259.451 Jan 2025 | monthly | Sep 1997 - Jan 2025 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 4.7 Feb 2025 | monthly | Jan 1994 - Feb 2025 |
More Indicators for Finland
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