Finland GDP Growth Rate

The Gross Domestic Product (GDP) in Finland stagnated 0 percent in the fourth quarter of 2016 over the previous quarter. GDP Growth Rate in Finland averaged 0.52 percent from 1975 until 2016, reaching an all time high of 5 percent in the third quarter of 1980 and a record low of -6.80 percent in the first quarter of 2009.

Finland GDP Growth Rate

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Although services account for 65 percent of Finnish economy, key sector is manufacturing, mainly wood, metals, engineering, telecommunications, and electronics industries. On the expenditure side, household consumption is the main component of GDP and accounts for 55 percent of its total use, followed by government expenditure (25 percent) and gross fixed capital formation (20 percent). Exports of goods and services account for 38 percent of GDP while imports account for 39 percent, subtracting 1 percent of total GDP.
. This page provides – Finland GDP Growth Rate – actual values, historical data, forecast, chart, statistics, economic calendar and news. Finland GDP Growth Rate – actual data, historical chart and calendar of releases – was last updated on March of 2017.