Correction
Database tables of the statistics on quarterly national accounts corrected.
Read more about the correctionNational accounts 2024, 2nd quarter
Gross domestic product grew by 0.3 per cent in April to June 2024
releaseAccording to Statistics Finland, the volume of Finland’s gross domestic product grew in April to June 2024 by 0.3 per cent from the level of the previous quarter. Adjusted for working days, GDP was 1.2 per cent lower than one year previously. According to preliminary data compiled by Eurostat, GDP in the EU area grew by 0.3 per cent in April to June 2024 from the previous quarter.
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Key selections
- In April to June 2024, the volume of exports increased by 8.1 per cent from the level of the previous quarter. The volume of imports went up by 1.1 per cent.
- Private consumption declined by 1.1 per cent in April to June 2024 from the level in January to March.
- Government consumption expenditure increased by 1.2 per cent in the second quarter of 2024 from the level in January to March.
- Gross fixed capital formation, or investments, contracted in the second quarter of 2024 by 2.1 per cent from the previous quarter. Private investments contracted but public sector investments increased.
Data revisions
See key statistical data in the tables.
Revision of volume changes in GDP
| 2023Q2 | 2023Q3 | 2023Q4 | 2024Q1 | ||
|---|---|---|---|---|---|
| Seasonally adjusted quarter-on-quarter change, % | 1. release | 0.6 | -0.9 | -0.7 | 0.2 |
| Previous release | 0.6 | -1 | -0.8 | 0.2 | |
| Latest release | 0.3 | -1.2 | -0.6 | 0.3 | |
| Revision, %-points (latest minus first) | -0.3 | -0.3 | 0.1 | 0.1 | |
| Working day adjusted year-on-year change, % | 1. release | -0.4 | -1.2 | -1.8 | -1.2 |
| Previous release | -0.5 | -1.6 | -1.5 | -1.2 | |
| Latest release | -0.9 | -2 | -1.5 | -1.3 | |
| Revision, %-points (latest minus first) | -0.5 | -0.8 | 0.3 | -0.1 | |
Revision of volume changes in imports
| 2023Q2 | 2023Q3 | 2023Q4 | 2024Q1 | ||
|---|---|---|---|---|---|
| Seasonally adjusted quarter-on-quarter change, % | 1. release | -1.2 | -3.2 | -1.5 | -0.5 |
| Previous release | -0.8 | -3.5 | -0.9 | -0.5 | |
| Latest release | -0.7 | -3 | 0.4 | -1.6 | |
| Revision, %-points (latest minus first) | 0.5 | 0.2 | 1.9 | -1.1 | |
| Working day adjusted year-on-year change, % | 1. release | -7.7 | -9.8 | -9.7 | -5.7 |
| Previous release | -6.8 | -9.6 | -8.9 | -5.7 | |
| Latest release | -7 | -9.2 | -6.8 | -4.9 | |
| Revision, %-points (latest minus first) | 0.7 | 0.6 | 2.9 | 0.8 | |
Revision of volume changes in exports
| 2023Q2 | 2023Q3 | 2023Q4 | 2024Q1 | ||
|---|---|---|---|---|---|
| Seasonally adjusted quarter-on-quarter change, % | 1. release | -0.2 | -1.8 | -1 | -4.6 |
| Previous release | -0.6 | -2.8 | -0.8 | -4.6 | |
| Latest release | -1.5 | -2 | -0.3 | -5 | |
| Revision, %-points (latest minus first) | -1.3 | -0.2 | 0.7 | -0.4 | |
| Working day adjusted year-on-year change, % | 1. release | -1.2 | -3.7 | -6.2 | -7.3 |
| Previous release | 0.5 | -4.5 | -6.1 | -7.3 | |
| Latest release | 1.9 | -2.7 | -4.4 | -8 | |
| Revision, %-points (latest minus first) | 3.1 | 1 | 1.8 | -0.7 | |
Database tables
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Updating frequency:
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Future releases
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Referencing instructions
Official Statistics of Finland (OSF): National accounts [online publication].
Reference period: 2024, 2nd quarter. ISSN=1797-9765. Helsinki: Statistics Finland [Referenced: 17.10.2026].
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Further information about the statistics
National accountsDocumentation of the statisticsRelated topics
TopicsNational economy
Contact information
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kansantalous.suhdanteet@stat.fiInquiries primarily
Samu Hakala
Senior Statistician
029 551 3756
Other experts
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