Correction
Gross domestic product adjusted for working day has been corrected.
Read more about the correctionNational accounts 2023, 1st quarter
Gross domestic product grew by 0.2 per cent in January to March
releaseAccording to Statistics Finland, the volume of Finland’s gross domestic product grew in January to March 2023 by 0.2 per cent from the previous quarter. Gross domestic product adjusted for working days was 0.4 per cent lower than one year ago. Contraction of investments slowed down the growth of the national economy.
Correction
Time series of employment (EEM) have been corrected.
Read more about the correctionContent is being loaded
Key selections
- In January to March 2023, the volume of exports decreased by 0.1 per cent from the previous quarter. The volume of imports declined by 2.7 per cent.
- Private consumption grew by 0.1 per cent in January to March 2023 from the level in October to December.
- Government consumption expenditure increased by 3.1 per cent in the first quarter of 2023
from the level in October to December. - Gross fixed capital formation, or investments, contracted in January to March 2023 by
3.0 per cent from the previous quarter. Both private and public investments decreased.
Data revisions
See key statistical data in the tables.
Revision of volume changes in exports
| 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 | ||
|---|---|---|---|---|---|
| Seasonally adjusted quarter-on-quarter change, % | 1. release | -9.8 | 0.2 | 1.9 | -2.9 |
| Previous release | -4.1 | 1.8 | 1.1 | -2.9 | |
| Latest release | -3.9 | 1.7 | 1.1 | -2.2 | |
| Revision, %-points (latest minus first) | 5.9 | 1.5 | -0.8 | 0.7 | |
| Working day adjusted year-on-year change, % | 1. release | 3.4 | 1.7 | 1.5 | -4.8 |
| Previous release | 4.8 | 5.2 | 2.3 | -4.8 | |
| Latest release | 4.8 | 5.1 | 2.2 | -4 | |
| Revision, %-points (latest minus first) | 1.4 | 3.4 | 0.7 | 0.8 | |
Revision of volume changes in imports
| 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 | ||
|---|---|---|---|---|---|
| Seasonally adjusted quarter-on-quarter change, % | 1. release | -2 | 2.3 | -0.8 | -2.4 |
| Previous release | -1.5 | 3.3 | -1.3 | -2.4 | |
| Latest release | -0.8 | 2.9 | -1.5 | -2.3 | |
| Revision, %-points (latest minus first) | 1.2 | 0.6 | -0.7 | 0.1 | |
| Working day adjusted year-on-year change, % | 1. release | 8.4 | 11.5 | 7.9 | -1.9 |
| Previous release | 12.1 | 13.5 | 7.8 | -1.9 | |
| Latest release | 12.1 | 13.5 | 7.8 | -1.6 | |
| Revision, %-points (latest minus first) | 3.7 | 2 | -0.1 | 0.3 | |
Revision of volume changes in GDP
| 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 | ||
|---|---|---|---|---|---|
| Seasonally adjusted quarter-on-quarter change, % | 1. release | 0.2 | 0.9 | -0.3 | -0.6 |
| Previous release | 0.2 | 0.6 | -0.1 | -0.6 | |
| Latest release | 0.5 | 0.6 | -0.4 | -0.6 | |
| Revision, %-points (latest minus first) | 0.3 | -0.3 | -0.1 | 0 | |
| Working day adjusted year-on-year change, % | 1. release | 3.6 | 3 | 1 | 0 |
| Previous release | 3.7 | 2.8 | 1.6 | 0 | |
| Latest release | 3.9 | 3.2 | 1.6 | 0.1 | |
| Revision, %-points (latest minus first) | 0.3 | 0.2 | 0.6 | 0.1 | |
Database tables
Pick the data you need into tables, view the data as graphs, or download the data for your use.
Updating frequency:
Eight times a year
Statistics:
Updated:
Updating frequency:
Eight times a year
Statistics:
Updated:
Updating frequency:
Eight times a year
Statistics:
Updated:
Future releases
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Referencing instructions
Official Statistics of Finland (OSF): National accounts [online publication].
Reference period: 2023, 1st quarter. ISSN=1797-9765. Helsinki: Statistics Finland [Referenced: 24.10.2026].
Access method:
Further information about the statistics
National accountsDocumentation of the statisticsRelated topics
TopicsNational economy
Contact information
Statistics experts
kansantalous.suhdanteet@stat.fiInquiries primarily
Samu Hakala
Senior Statistician
029 551 3756
Other experts
Eljas Tuomaala
Senior Statistician
029 551 2723
Head of Department in charge
Katri Kaaja
Head of Department in charge
029 551 3488