Finland Public Consumption: % of GDP
Key information about Finland Public Consumption: % of GDP
- Finland Public Consumption accounted for 23.8 % of its Nominal GDP in Dec 2022, compared with a share of 23.3 % in the previous quarter.
- Finland Public Consumption share of Nominal GDP ratio is updated quarterly, available from Mar 1975 to Dec 2022, with an average number of 21.4 %.
- The data reached an all-time high of 25.6 % in Mar 2021 and a record low of 16.3 % in Dec 1979.
CEIC calculates Government Consumption as % of Nominal GDP from quarterly Government Consumption Expenditure and quarterly Nominal GDP. Statistics Finland provides Government Consumption Expenditure in EUR and Nominal GDP in EUR. Government Consumption as % of Nominal GDP prior to Q1 1990 is sourced from Eurostat.
Related information about Finland Public Consumption: % of GDP
- In the latest reports, Finland GDP expanded 0.1 % YoY in Dec 2022.
- Finland Nominal GDP reached 68.9 USD bn in Dec 2022.
- Its GDP deflator (implicit price deflator) increased 4.4 % in Dec 2022.
- Finland GDP Per Capita reached 53,650.0 USD in Dec 2021.
- Its Gross Savings Rate was measured at 24.7 % in Dec 2022.
- For Nominal GDP contributions, Investment accounted for 24.0 % in Dec 2022.
- Private Consumption accounted for 51.5 % in Dec 2022.
View Finland's Public Consumption: % of GDP from Mar 1975 to Dec 2022 in the chart:
What was Finland's Public Consumption: % of GDP in Dec 2022?
Finland Public Consumption accounted for 23.8 % of its Nominal GDP in Dec 2022, compared with a share of 23.3 % in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 23.8 Dec 2022 | 23.3 Sep 2022 | 16.3 Dec 1979 | 25.6 Mar 2021 | % | quarterly | Mar 1975 - Dec 2022 |
Public Consumption: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 9.4 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| Algeria (%) | 16.9 2023 | yearly | 1950 - 2023 |
| Argentina (%) | 14.1 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Armenia (%) | 11.4 Dec 2024 | quarterly | Dec 1994 - Dec 2024 |
| Australia (%) | 20.4 Dec 2022 | quarterly | Sep 1959 - Dec 2022 |
| Austria (%) | 22.7 Dec 2024 | quarterly | Mar 1988 - Dec 2024 |
| Azerbaijan (%) | 12.9 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
| Bahrain (%) | 14.6 2023 | yearly | 1975 - 2023 |
| Bangladesh (%) | 5.9 2024 | yearly | 1973 - 2024 |
| Belarus (%) | 16.3 Sep 2024 | quarterly | Mar 1994 - Sep 2024 |
| Belgium (%) | 24.1 Dec 2024 | quarterly | Mar 1980 - Dec 2024 |
| Bolivia (%) | 19.4 Sep 2024 | quarterly | Mar 1990 - Sep 2024 |
| Bosnia and Herzegovina (%) | 17.1 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
| Botswana (%) | 33.6 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| Brazil (%) | 21.4 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Brunei (%) | 17.6 Sep 2022 | quarterly | Mar 2004 - Sep 2022 |
| Bulgaria (%) | 20.8 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Cambodia (%) | 5.9 2022 | yearly | 1993 - 2022 |
| Canada (%) | 20.6 Sep 2024 | quarterly | Mar 1961 - Sep 2024 |
| Chile (%) | 14.9 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| China (%) | 16.5 2023 | yearly | 1952 - 2023 |
| Colombia (%) | 17.9 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| Croatia (%) | 26.3 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Cyprus (%) | 22.3 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Czech Republic (%) | 22.6 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Denmark (%) | 22.5 Dec 2024 | quarterly | Mar 1990 - Dec 2024 |
| Ecuador (%) | 13.5 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
| Egypt (%) | 4.9 Sep 2024 | quarterly | Sep 2001 - Sep 2024 |
| Estonia (%) | 21.6 Dec 2024 | quarterly | Mar 1993 - Dec 2024 |
| European Union (%) | 22.4 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Finland (%) | 23.8 Dec 2022 | quarterly | Mar 1975 - Dec 2022 |
| France (%) | 24.2 Dec 2024 | quarterly | Mar 1980 - Dec 2024 |
| Georgia (%) | 12.0 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Germany (%) | 23.4 Dec 2024 | quarterly | Mar 1991 - Dec 2024 |
| Ghana (%) | 4.8 2024 | yearly | 2006 - 2024 |
| Greece (%) | 19.8 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Hong Kong SAR, China (%) | 13.7 Dec 2022 | quarterly | Mar 1973 - Dec 2022 |
| Hungary (%) | 19.8 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Iceland (%) | 26.1 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| India (%) | 8.7 Dec 2024 | quarterly | Jun 1996 - Dec 2024 |
| Indonesia (%) | 9.9 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| Iran (%) | 16.4 Mar 2024 | quarterly | Jun 1988 - Mar 2024 |
| Ireland (%) | 10.3 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Israel (%) | 25.0 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Italy (%) | 20.6 Dec 2024 | quarterly | Mar 1980 - Dec 2024 |
| Ivory Coast (%) | 10.3 2023 | yearly | 1960 - 2023 |
| Japan (%) | 20.4 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
| Jordan (%) | 18.3 2023 | yearly | 1963 - 2023 |
| Kazakhstan (%) | 8.7 Sep 2022 | quarterly | Mar 1994 - Sep 2022 |
| Kenya (%) | 11.9 2023 | yearly | 1960 - 2023 |
| South Korea (%) | 16.4 Dec 2024 | quarterly | Mar 1960 - Dec 2024 |
| Kosovo (%) | 13.0 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
| Kuwait (%) | 20.7 2022 | yearly | 1962 - 2022 |
| Kyrgyzstan (%) | 17.9 Dec 2022 | quarterly | Mar 2000 - Dec 2022 |
| Laos (%) | 14.0 2016 | yearly | 2000 - 2016 |
| Latvia (%) | 22.9 Dec 2024 | quarterly | Mar 1992 - Dec 2024 |
| Lebanon (%) | 6.8 2021 | yearly | 1990 - 2021 |
| Lithuania (%) | 20.6 Dec 2024 | quarterly | Mar 1993 - Dec 2024 |
| Luxembourg (%) | 19.2 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Macau SAR, China (%) | 14.8 Dec 2024 | quarterly | Mar 1998 - Dec 2024 |
| North Macedonia (%) | 16.9 Dec 2024 | quarterly | Mar 2000 - Dec 2024 |
| Malawi (%) | 13.9 2019 | yearly | 1960 - 2019 |
| Malaysia (%) | 14.4 Dec 2024 | quarterly | Mar 1991 - Dec 2024 |
| Malta (%) | 19.8 Dec 2024 | quarterly | Mar 1992 - Dec 2024 |
| Mauritius (%) | 14.3 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Mexico (%) | 11.1 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Moldova (%) | 18.9 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Mongolia (%) | 20.1 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
| Montenegro (%) | 13.8 Sep 2022 | quarterly | Mar 2010 - Sep 2022 |
| Morocco (%) | 17.1 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
| Mozambique (%) | 17.2 2023 | yearly | 1963 - 2022 |
| Nepal (%) | 6.3 2024 | yearly | 1975 - 2024 |
| Netherlands (%) | 24.3 Mar 2023 | quarterly | Mar 1977 - Mar 2023 |
| New Zealand (%) | 22.1 Sep 2024 | quarterly | Jun 1987 - Sep 2024 |
| Nigeria (%) | 4.3 2023 | yearly | 1981 - 2023 |
| Norway (%) | 21.8 Dec 2024 | quarterly | Mar 1978 - Dec 2024 |
| Oman (%) | 19.1 2023 | yearly | 1980 - 2023 |
| Pakistan (%) | 8.5 2024 | yearly | 1960 - 2024 |
| Palestinian Territory (%) | 21.7 Sep 2024 | quarterly | Mar 2011 - Sep 2024 |
| Panama (%) | 13.7 2021 | yearly | 1996 - 2021 |
| Paraguay (%) | 13.0 Sep 2024 | quarterly | Mar 1994 - Sep 2024 |
| Peru (%) | 14.7 Dec 2024 | quarterly | Mar 1980 - Dec 2024 |
| Philippines (%) | 13.8 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
| Poland (%) | 21.4 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Portugal (%) | 20.4 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Qatar (%) | 13.1 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
| Romania (%) | 16.1 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Russia (%) | 17.5 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| Saudi Arabia (%) | 26.3 Dec 2024 | quarterly | Mar 2003 - Dec 2024 |
| Serbia (%) | 18.3 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Singapore (%) | 10.6 2024 | yearly | 1960 - 2024 |
| Slovakia (%) | 24.6 Dec 2022 | quarterly | Mar 1990 - Dec 2022 |
| Slovenia (%) | 20.8 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| South Africa (%) | 19.1 Dec 2024 | quarterly | Mar 1960 - Dec 2024 |
| Spain (%) | 19.2 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
| Sri Lanka (%) | 5.9 Mar 2023 | quarterly | Mar 2010 - Mar 2023 |
| Sudan (%) | 17.4 2023 | yearly | 1960 - 2023 |
| Sweden (%) | 25.8 Dec 2022 | quarterly | Mar 1980 - Dec 2022 |
| Switzerland (%) | 11.6 Dec 2024 | quarterly | Mar 1980 - Dec 2024 |
| Syria (%) | 2.7 2022 | yearly | 1963 - 2022 |
Finland 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 |
| GG: Net Lending/Net Borrowing (EUR mn) | -3,274.000 Dec 2024 | quarterly | Mar 1999 - Dec 2024 |
| General Government (GG): Revenue (EUR mn) | 38,992.000 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: Chemicals and Related Products (CP) (EUR) | 836,623,661.000 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: 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: MT: Telecommunication, Sound Recording Equipment (EUR) | 50,003,220.00 Feb 2018 | monthly | Jan 1996 - Feb 2018 |
| Exports: Europe: Russia (EUR) | 31,781,236.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
| Exports: Europe: Netherlands (EUR) | 426,405,636.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
| Exports: Europe: Germany (EUR) | 524,750,834.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
| Exports: SITC (EUR) | 6,042,063,224.000 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: 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: BM: Iron and Steel (EUR) | 109,521,204.000 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: SITC: Food and Live Animals (FA) (EUR) | 429,957,748.000 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: Europe: Russia (EUR) | 71,264,872.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
| Imports: Europe: Netherlands (EUR) | 310,527,154.000 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: Rest of Asia: China (EUR) | 514,705,846.000 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 |
| Currency in Circulation (EUR mn) | 26,586.990 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 |
| Monetary Aggregates: M3: M2: M1: Overnight Deposits (EUR mn) | 134,882.242 Jan 2025 | monthly | Jan 1980 - Jan 2025 |
| Official Reserve Assets (EUR mn) | 17,911.000 Jan 2025 | monthly | Jan 2000 - Jan 2025 |
| Official Reserve Assets: Foreign Currency Reserve (EUR mn) | 8,690.000 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 (EUR mn) | 204,645.801 Jan 2025 | monthly | Jan 1999 - Jan 2025 |
| MFIs Deposits: Euro Area: in EUR: NF: Households (EUR mn) | 115,201.354 Jan 2025 | monthly | Sep 1997 - Jan 2025 |
| MFIs Loans: Euro Area: in EUR: NF: Households incl NPISH (EUR mn) | 143,259.451 Jan 2025 | monthly | Sep 1997 - Jan 2025 |
| MFIs Loans: Euro Area (EUR mn) | 281,420.037 Jan 2025 | monthly | Dec 1998 - 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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