Volume of gross domestic product rose by 0.4 per cent in 2024

Value added by industry

In total industry (B to E), output at current prices decreased from 2023. The price pressure in industry has eased from a few years back and producer prices for manufactured products decreased.

The volume of value added grew in total industry, as prices of output decreased faster than prices of intermediate consumption.

In construction, newbuilding in particular continued to decline from the previous year.

Output and value added of services at current prices increased moderately. As prices rose, the volume of value added of services remained on level with the previous year. Of services, human health and social work activities continued to grow in 2024.

Current account in deficit in 2024

The value and volume of exports of goods declined in 2024 while exports of services grew. The monetary value and volume of imports of goods also decreased from the year before.

In 2024, the current account was EUR 1.9 billion in deficit (EUR 0.8 billion in surplus according to preliminary data in March). The revision is based on completed data of the annual inquiry on foreign financial assets and liabilities as well as revised goods trade data according to Finnish Customs.

Classification of households’ consumption expenditure updated

In September 2025, the revised classification called COICOP2018, which is internationally harmonised up to the 5-digit level, was adopted in national accounts. The change had no impact on the sum level of private consumption.

The most significant changes due to the adoption of the new version were splitting division 12 (Insurance and financial services and miscellaneous services) into two divisions and moving home electronics and computers from division 09 to division 08. Other smaller changes were also made.

The format of the divisions’ numeric code remained unchanged although the headings and content of several divisions changed. The user needs to check which classification is used for the data, as the classification used cannot be deduced from the codes or headings.

National Accounts' table package

The table package combining national accounts data is available in PDF/A format in Finnish and English. The table package is updated in connection with each annual national accounts release.