Volume of gross domestic product rose by 0.4 per cent in 2024
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National economyChange
According to Statistics Finland's preliminary data, the volume of Finland's GDP rose by 0.4 per cent in 2024 (0.4% also in September). The growth was slowed down by the weak economic situation in construction. December revisions mainly affected general government finance. In 2023, GDP fell by 1.3 per cent (in September 0.9%). The revisions were based on the compilation of supply and use tables.
Key selections
- The volume of gross domestic product rose by 0.4 per cent in 2024.
- The change in the volume of gross domestic product in 2023 became revised to -1.3 per cent (in the September release -0.9%).
- The data for 2024 will next be revised in June, when final business data will be included in them.
Revision of data
Gross domestic product was EUR 276 billion in 2024, that is, on level with the September release. The figures for December are largely based on preliminary data, which still involve uncertainty concerning, for example, construction.
In the December release, updates have been made to, for example, the local government sector, from which new data have been received. There are changes particularly in the industry-specific data of the local government sector. Minor updates have also been made to data on central government and rest of the world.
The data will become revised in summer, when revised business data will be included. In June, the name of the statistics will also change into national accounts when the statistics on quarterly national accounts, annual national accounts and quarterly sector accounts are combined.
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.
Data revisions
Revision of annual volume change, %
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