National economy

Finland in Figures is an information package about Finland and Finns. 

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Annual change in the volume of gross domestic product

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* preliminary data

Gross domestic product at market prices

Year At current prices  Volume series, reference year 2022 Annual change in volume, %
€ billion €/inh. € billion
2015 211,4 38 570 239,0 0,5
2016 217,5 39 583 245,8 2,8
2017 226,3 41 084 253,6 3,2
2018 233,5 42 323 256,5 1,1
2019 239,9 43 440 259,6 1,2
2020 238,0 43 039 253,5 -2,4
2021* 250,6 45 221 261,2 3,0
2022* 266,7 47 991 266,7 2,1

* preliminary data

Gross domestic product per capita

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* preliminary data

Current account

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* preliminary data

National balance of supply and demand

Total supply and demand of goods and services in national accounts

  2020 2021 2022* 2022*
At current prices,
€ billion
Annual change
in volume, %
Supply        
Gross domestic product 238,0 250,6 266,7 2,1
Imports 85,0 98,9 127,1 7,5
Total supply 323,0 349,5 393,7 . .
Demand        
Exports 85,2 99,1 119,7 1,7
Consumption expenditure, total 179,5 190,1 203,1 2,3
Private 121,8 128,4 138,3 2,1
Government 57,7 61,7 64,8 2,9
Gross fixed capital formation, total 57,2 59,1 65,7 5,0
Private 45,7 48,6 54,8 6,1
Government 11,5 10,5 11,0 0,0
Changes in inventories, acquisition of valuables 1,1 1,2 7,1 . .
Total demand 323,0 349,5 395,7 . .
Statistical discrepancy 0,0 0,0 -1,9 . .

* preliminary data

Structural change of the economy

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* preliminary data

Households’ indebtedness ratio and savings ratio

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* preliminary data

Gross domestic product per capita by region, 2020

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General government deficit/surplus and debt

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* preliminary data

Structure of taxation

Incl. general government and the institutions of the EU

  2017 2018 2019 2020 2021*
At current prices, € million  
Taxes on income, profits and capital gains 34 404 34 505 35 470 34 962 38 923
Social security contributions 27 000 27 647 28 295 27 326 30 261
Taxes on property 3 459 3 349 3 477 3 574 3 793
Taxes on goods and services 31 887 33 239 33 959 33 527 35 016
Other taxes 235 218 238 247 310
Total 96 985 98 958 101 439 99 636 108 303
Tax rate, % relative to GDP 42,9 42,4 42,3 41,9 42,8

* preliminary data

Central government debt

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Main topic: National Economy

 

More statistical figures in the StatFin database

Finland in Figures only includes the key figures on Finland and Finns. You can find more figures on various sectors of society in the easy-to-use StatFin database.

The database also provides regional data, such as the population of municipalities.

Last updated 17 Mar 2023