Finland Real GDP Growth
The Gross Domestic Product (GDP) in Finland contracted 6.5 % YoY in Jun 2020, following a negative growth of 1.3 % in the previous quarter. Real GDP Growth YoY data in Finland is updated quarterly, available from Mar 1976 to Jun 2020, with an average rate of 2.6 %. The data reached an all-time high of 9.4 % in Mar 1998 and a record low of -9.3 % in Jun 2009. CEIC calculates Real GDP Growth from quarterly Real GDP. Statistics Finland provides Real GDP in EUR based on ESA 2010, at chain linked 2010 prices. Real GDP Growth prior to Q1 1991 is calculated from seasonally and working day adjusted Real GDP based on ESA 1995, at chain linked 2005 prices, sourced from Eurostat.
In the latest reports, Nominal GDP of Finland reached 63.1 USD bn in Jun 2020. Its GDP deflator (implicit price deflator) increased 1.4 % in Jun 2020. GDP Per Capita in Finland reached 48,771.0 USD in Dec 2019. Its Gross Savings Rate was measured at 26.8 % in Jun 2020.
View Finland's Real GDP Growth from Mar 1976 to Jun 2020 in the chart:
What was Finland's Real GDP Growth in Jun 2020?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -6.5 Jun 2020 | -1.3 Mar 2020 | -9.3 Jun 2009 | 9.4 Mar 1998 | % | quarterly | Mar 1976 - Jun 2020 |
Real GDP Growth by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | -11.0 Jun 2020 | quarterly | Mar 2010 - Jun 2020 |
| Algeria (%) | -3.9 Mar 2020 | quarterly | Mar 2012 - Mar 2020 |
| Argentina (%) | -19.8 Jun 2020 | quarterly | Mar 2005 - Jun 2020 |
| Armenia (%) | -9.1 Sep 2020 | quarterly | Mar 2001 - Sep 2020 |
| Australia (%) | -6.3 Jun 2020 | quarterly | Sep 1960 - Jun 2020 |
| Austria (%) | -14.5 Jun 2020 | quarterly | Mar 1989 - Jun 2020 |
| Azerbaijan (%) | 0.2 Mar 2020 | quarterly | Mar 2001 - Mar 2020 |
| Bahrain (%) | -8.9 Jun 2020 | quarterly | Mar 2009 - Jun 2020 |
| Bangladesh (%) | 5.2 2020 | yearly | 2007 - 2020 |
| Belarus (%) | -3.3 Jun 2020 | quarterly | Mar 2006 - Jun 2020 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -3.4 Jun 2020 | quarterly | Dec 1999 - Jun 2020 |
| Consolidated Fiscal Balance (USD mn) | -4,020.699 Jun 2020 | quarterly | Mar 1999 - Jun 2020 |
| Tax Revenue (USD mn) | 18,741.175 Sep 2020 | quarterly | Mar 1999 - Sep 2020 |
| Tax Revenue: % of GDP (%) | 30.1 Jun 2020 | quarterly | Mar 1999 - Jun 2020 |
| National Government Debt (USD mn) | 186,627.8 Sep 2020 | quarterly | Mar 2000 - Sep 2020 |
| Government Debt: % of GDP (%) | 68.7 Jun 2020 | quarterly | Mar 2000 - Jun 2020 |
| Forecast: Government Expenditure (EUR bn) | 152.848 2025 | yearly | 1980 - 2025 |
| Forecast: Government Net Debt (EUR bn) | 198.587 2025 | yearly | 1980 - 2025 |
| Forecast: Government Revenue (EUR bn) | 148.163 2025 | yearly | 1980 - 2025 |
| General Government (GG): Revenue (EUR mn) | 27,995.000 Sep 2020 | quarterly | Mar 1999 - Sep 2020 |
| GG: Expenditure (EUR mn) | 33,129.000 Sep 2020 | quarterly | Mar 1999 - Sep 2020 |
| GG: Net Lending/Net Borrowing (EUR mn) | -5,134.000 Sep 2020 | quarterly | Mar 1999 - Sep 2020 |
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