Finland Finland GDP - Gross Domestic Product

Subscribe to our free email alert service

GDP Finland 2020

Finns GDP shrinks compared to previous year

Gross Domestic Product of Finland fell -2.8% in 2020 compared to last year. This rate is 41 -tenths of one percent less than the previous year, when changed 1.3%.

The GDP figure in 2020 was €237,467$271,235 million, Finland is number 44 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Finland dropped €2,794$2,239 million with respect to 2019.

The GDP per capita of Finland in 2020 was €42,880$49,090, €630$341 less than in 2019, when it was €43,510$48,749. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 2010 when the GDP per capita in Finland was €35,080$46,647.

If we order the countries according to their GDP per capita, Finland is well positioned in terms of the standard of living of its population, coming 15th out of the 196 countries whose GDP we publish.

Here we show you the progression of the GDP in Finland. You can see GDP in other countries in GDP and see all the economic information about Finland in Finland's economy.

Quarterly GDP at market prices 2020
DateQuarterly GDPQuarterly GDPQuat. GDP Growth (%)Quat. GDP Annual Growth (%)
2020Q459,732M.€71,254M.$0.4%-1.7%
2020Q359,658M.€69,734M.$3.3%-2.7%
2020Q257,832M.€63,696M.$-4.7%-6.1%
2020Q160,245M.€66,432M.$-0.6%-0.6%
< GDP Finland 2019
Quaterly GDP Per Capita 2020
DateQu. GDP Per CapitaQu. GDP P.C. Qu. GrowthQu. GDP P.C. An. GrowthQu. GDP Per Capita $Qu. GDP P.C. An. GrowthQu. GDP P.C. Qu. Growth
2020Q410,811€0.1%-0.9%12,896$6.7%2.2%
2020Q310,797€3.2%-1.3%12,621$3.8%9.5%
2020Q210,467€-4.0%-4.1%11,528$-6.0%-4.1%
2020Q110,904€-0.1%1.4%12,023$-1.6%-0.5%
< GDP Finland 2019
Evolution: Annual GDP Finland
DateAnnual GDPAnnual GDPGDP Growth (%)
2020237,467M.€271,235M.$-2.8%
2019240,261M.€268,996M.$1.3%
2018233,696M.€276,112M.$1.3%
2017226,301M.€255,558M.$3.2%
2016217,518M.€240,705M.$2.8%
2015211,385M.€234,558M.$0.5%
2014206,897M.€274,934M.$-0.4%
2013204,321M.€271,366M.$-0.9%
2012201,037M.€258,454M.$-1.4%
2011197,998M.€275,556M.$2.5%
2010188,143M.€249,628M.$3.2%
2009181,747M.€253,222M.$-8.1%
2008194,265M.€285,685M.$0.8%
2007187,072M.€256,408M.$5.3%
2006172,897M.€217,101M.$4.0%
2005164,687M.€204,999M.$2.8%
2004158,758M.€197,390M.$4.0%
2003151,749M.€171,609M.$2.0%
2002148,486M.€140,305M.$1.7%
2001144,628M.€129,534M.$2.6%
2000136,442M.€126,075M.$5.8%
1999126,916M.€135,398M.$4.4%
1998119,733M.€134,212M.$5.5%
1997112,033M.€127,076M.$6.3%
1996104,142M.€132,183M.$3.7%
1995102,644M.€134,339M.$4.2%
199487,157M.€103,739M.$4.0%
199376,102M.€89,279M.$-0.7%
199286,807M.€113,134M.$-3.3%
1991103,292M.€128,194M.$-5.9%
1990111,395M.€141,718M.$0.7%
1989108,127M.€119,106M.$5.1%
198892,276M.€109,255M.$5.2%
198779,488M.€91,775M.$3.6%
198674,854M.€73,652M.$2.8%
198573,773M.€56,223M.$3.5%
198467,285M.€53,032M.$3.2%
198357,379M.€51,056M.$3.1%
198254,065M.€53,111M.$3.1%
198147,222M.€52,620M.$1.3%
198038,690M.€53,714M.$5.4%
197932,156M.€44,465M.$7.1%
197828,158M.€36,256M.$2.9%
197729,037M.€33,500M.$0.2%
197628,208M.€31,850M.$0.3%
197523,575M.€29,473M.$1.8%
197415,837M.€24,849M.$3.2%
197312,550M.€19,472M.$7.0%
197210,310M.€14,743M.$7.7%
19718,838M.€12,527M.$2.4%
19708,044M.€11,358M.$7.6%
19697,208M.€10,071M.$9.6%
19686,315M.€8,823M.$2.3%
19675,508M.€9,369M.$2.2%
19665,021M.€9,209M.$2.4%
19654,684M.€8,589M.$5.3%
19644,235M.€7,767M.$5.2%
19633,755M.€6,886M.$3.3%
19623,458M.€6,341M.$3.0%
19613,229M.€5,922M.$7.6%
19602,849M.€5,224M.$
Evolution: GDP per capita Finland
DateGDP per capita GDP per capita GDP P.C. Annual GrowthGDP P.C. Annual Growth
202042,880€49,090$-1.5%0.7%
201943,510€48,749$2.7%-2.7%
201842,370€50,083$3.1%7.9%
201741,080€46,437$3.8%5.9%
201639,580€43,866$2.6%2.3%
201538,570€42,867$1.8%-15.0%
201437,880€50,435$0.8%0.9%
201337,570€50,006$1.2%4.5%
201237,130€47,851$1.0%-6.7%
201136,750€51,264$4.8%9.9%
201035,080€46,647$3.1%-1.9%
200934,040€47,542$-6.9%-11.8%
200836,560€53,898$3.4%10.9%
200735,370€48,590$7.7%17.6%
200632,830€41,309$4.6%5.5%
200531,390€39,147$3.4%3.5%
200430,370€37,816$4.3%14.7%
200329,110€32,962$2.0%22.0%
200228,550€27,008$2.4%8.0%
200127,880€25,001$5.8%2.6%
200026,360€24,380$7.3%-7.1%
199924,570€26,242$5.8%0.6%
199823,230€26,074$6.6%5.3%
199721,800€24,760$7.3%-4.2%
199620,320€25,833$1.1%-2.0%
199520,100€26,348$17.3%29.0%
199417,130€20,429$14.1%15.7%
199315,020€17,662$-12.8%-21.5%
199217,220€22,496$-16.4%-12.3%
199120,600€25,647$-7.8%-10.0%
199022,340€28,490$2.6%18.5%
198921,780€24,041$16.8%8.7%
198818,650€22,123$15.7%18.7%
198716,120€18,632$5.9%24.2%
198615,220€14,998$1.1%30.6%
198515,050€11,489$9.2%5.5%
198413,780€10,890$16.6%3.3%
198311,820€10,545$5.5%-4.5%
198211,200€11,037$13.8%0.4%
19819,840€10,990$21.5%-2.4%
19808,100€11,258$20.9%20.8%
19796,700€9,319$13.6%22.3%
19785,900€7,620$-3.3%8.0%
19776,100€7,057$1.7%4.8%
19766,000€6,732$20.0%7.8%
19755,000€6,244$48.5%18.2%
19743,368€5,284$25.6%27.0%
19732,682€4,162$21.1%31.4%
19722,215€3,168$16.0%17.0%
19711,911€2,708$9.2%9.6%
19701,749€2,470$12.0%13.2%
19691,562€2,183$14.6%14.6%
19681,363€1,904$14.3%-6.1%
19671,192€2,028$9.0%1.1%
19661,094€2,005$6.7%6.7%
19651,025€1,880$10.3%10.3%
1964929€1,704$12.3%12.3%
1963827€1,517$7.8%7.8%
1962767€1,407$6.3%6.3%
1961721€1,323$12.6%12.6%
1960641€1,175$
Evolution: GDP growth rate at constant prices Finland
Evolution: GDP per capita Finland
GDP Finland