National economy
Finland in Figures is an information package about Finland and Finns.
On this page
- Annual change in the volume of gross domestic product
- Gross domestic product at market prices
- Gross domestic product per capita
- Current account
- National balance of supply and demand
- Structural change of the economy
- Households’ indebtedness ratio and savings ratio
- Gross domestic product per capita by region
- General government deficit/surplus and debt
- Annual change of labour productivity
- Structure of taxation
- General government consolidated expenditure by function
- Central government debt
Annual change in the volume of gross domestic product, 1976–2023*
* preliminary data
Source: Statistics Finland, annual national accounts
Annual change in the volume of gross domestic product (xlsx)
Updated: 25.9.2024
Gross domestic product at market prices
| Year | At current prices | Volume series, reference year 2023 |
Annual change in volume, % |
|
|---|---|---|---|---|
| € billion | €/inh. | € billion | ||
| 2016 |
215,7 |
39 255 | 256,8 | 2,3 |
| 2017 | 224,7 | 40 795 | 265,3 | 3,1 |
| 2018 | 231,9 | 42 041 | 268,5 | 1,0 |
| 2019 | 238,5 | 43 197 | 272,1 | 1,3 |
| 2020 | 236,4 | 42 741 | 265,3 | -2,7 |
| 2021 | 248,8 | 44 891 | 272,6 | 2,5 |
| 2022* | 266,1 | 47 891 | 276,5 | 1,2 |
| 2023* | 273,3 |
49 005 |
273,3 | -1,5 |
* preliminary data
Source: Statistics Finland, annual national accounts
Gross domestic product at market prices (xlsx)
Updated: 25.9.2024
Gross domestic product per capita, 1975–2023*
Volume series, reference year 2015
* preliminary data
Source: Statistics Finland, annual national accounts
Gross domestic product per capita (xlsx)
Updated: 25.9.2024
Current account, 1975–2023*
* preliminary data
National balance of supply and demand
Total supply and demand of goods and services in national accounts
| 2021 | 2022* | 2023* | 2023* | |
|---|---|---|---|---|
| At current prices, € billion |
Annual change in volume, % |
|||
| Supply | ||||
| Gross domestic product | 248,8 | 266,1 | 273,3 | 1,3 |
| Imports | 99,2 | 127,8 | 116,2 | 8,4 |
| Total supply | 347,9 | 394,0 | 389,5 | . |
| Demand | ||||
| Exports | 99,3 | 122,7 | 117,0 | 3,6 |
| Consumption expenditure, total | 187,0 | 199,0 | 211,8 | 0,9 |
| Government | 61,7 | 64,3 | 70,4 | 1,8 |
| Private | 125,3 | 134,7 | 141,3 | -1,0 |
| Gross fixed capital formation, total | 60,7 | 66,3 | 63,3 | 2,5 |
| Government | 10,5 | 11,0 | 11,1 | 2,7 |
| Private | 50,2 | 55,3 | 52,2 | 1,3 |
| Changes in inventories, acquisition of valuables | 0,9 | 7,0 | -0,9 | . . |
| Total demand | 347.9 | 395,0 | 391,1 | . . |
| Statistical discrepancy | 0,0 | -1,0 | -1,6 | . . |
* preliminary data
Source: Statistics Finland, annual national accounts
National balance of supply and demand (xlsx)
Updated: 25.9.2024
Structural change of the economy, 1975–2023*
* preliminary data
Source: Statistics Finland, annual national accounts
Structural change of the economy (xlsx)
Updated:25.9.2024
Households’ indebtedness ratio and savings ratio, 1975–2023*
* preliminary data
Source: Statistics Finland, annual national accounts
Households’ indebtedness ratio and savings ratio (xlsx)
Updated: 25.9.2024
Gross domestic product per capita by region, 2021
Source: Statistics Finland, regional account
Gross domestic product per capita by region (xlsx)
Updated: 1.12.2023
General government deficit/surplus and debt, 1975-2023*
* preliminary data
Source: Statistics Finland, general government deficit and debt
General government deficit/surplus and debt (xlsx)
Updated: 22.4.2024
Annual change of labour productivity, 1976–2023*
Gross value added per hour worked
* preliminary data
Source: Statistics Finland, growth and productivity measurest
Annual change of labour productivity (xlsx)
Päivitetty: 8.10.2024
Structure of taxation
Incl. general government and the institutions of the EU
| 2021 | 2022 | 2023 | 2023 | |
|---|---|---|---|---|
| At current prices, € million | % | |||
| Taxes on income, profits and capital gains | 39 115 | 42 660 | 42 568 | 36,5 |
| Social security contributions | 30 186 | 31 954 | 33 757 | 29,0 |
| Taxes on property | 3 788 | 3 864 | 3 854 | 3,3 |
| Taxes on goods and services | 34 912 | 36 713 | 36 052 | 30,9 |
| Other taxes | 313 | 384 | 295 | 0,3 |
| Total | 108 314 | 115 575 | 116 526 | 100 |
| Ratio to GDP, % | 43,5 | 43,4 | 42,6 | |
Source: Statistics Finland, taxes and tax-like payments
Updated: 25.9.2024
General government consolidated expenditure by function
Excluding property expenditure, income transfers and capital transfers between general government
| 2020 | 2021 | 2022* | 2022* | |
|---|---|---|---|---|
| At current prices, € billion | Ratio to GDP, % | |||
| Total | 136,1 | 139,9 | 143,1 | 53,3 |
| General public services | 20,0 | 20,4 | 20,8 | 7,7 |
| Defence | 3,3 | 3,0 | 3,5 | 1,3 |
| Public order and safety | 2,8 | 2,9 | 3,1 | 1,1 |
| Economic affairs | 12,4 | 12,7 | 12,4 | 4,6 |
| Environmental protection | 0,5 | 0,6 | 0,6 | 0,2 |
| Housing and community amenities | 0,8 | 1,0 | 1,1 | 0,4 |
| Health | 18,2 | 19,4 | 19,9 | 7,4 |
| Recreation, culture and religion | 3,6 | 3,7 | 3,7 | 1,4 |
| Education | 13,9 | 14,3 | 14,9 | 5,5 |
| Social protection | 60,7 | 62,0 | 63,1 | 23,5 |
* preliminary data
Source: Statistics Finland, general government expenditure by function
General government consolidated expenditure by function (xlsx)
Updated 4.3.2024
Central government debt
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 8 Oct 2024