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Finland GDP Growth Rate (QoQ)

Finland's Quarter-over-Quarter GDP growth rate fell to -0.4% in Q2 2025, the lowest since Q3 2023. This followed a 0% growth rate in Q1 2025. The contraction resulted from a 2.0% decrease in public spending due to austerity measures and higher imports in Q1 2025. Global economic uncertainty and trade tensions continue to affect Finland's export-driven economy. Finland's record low GDP growth rate was -6.5% in Q1 2009 and record high was 5% in Q3 1980.

Quarterly Historical Data (1975-2025)

(in %)
Quarter GDP Growth Rate (QoQ)
Q2 2025 -0.4%
Q1 2025 0%
Q4 2024 0.2%
Q3 2024 0.4%
Q2 2024 0.2%
Q1 2024 0.5%
Q4 2023 -0.3%
Q3 2023 -1.6%
Q2 2023 0%
Q1 2023 0.6%
Q4 2022 -1%
Q3 2022 -0.1%
Q2 2022 0.4%
Q1 2022 -0.8%
Q4 2021 1%
Q3 2021 1.1%
Q2 2021 1.7%
Q1 2021 -0.9%
Q4 2020 1.1%
Q3 2020 4.9%
Q2 2020 -6.5%
Q1 2020 -0.2%
Q4 2019 -0.2%
Q3 2019 0%
Q2 2019 0.7%
Q1 2019 0.9%
Q4 2018 0.1%
Q3 2018 -0.1%
Q2 2018 -0.2%
Q1 2018 0.2%
Q4 2017 0.8%
Q3 2017 0.5%
Q2 2017 1.3%
Q1 2017 1%
Q4 2016 0.5%
Q3 2016 1.1%
Q2 2016 0%
Q1 2016 1.2%
Q4 2015 0.6%
Q3 2015 -0.1%
Q2 2015 1.4%
Q1 2015 -0.8%
Q4 2014 -0.2%
Q3 2014 0.4%
Q2 2014 0.2%
Q1 2014 -0.8%
Q4 2013 -0.2%
Q3 2013 0.3%
Q2 2013 0.5%
Q1 2013 -0.9%
Q4 2012 -0.1%
Q3 2012 -0.4%
Q2 2012 -1.1%
Q1 2012 -0.4%
Q4 2011 0%
Q3 2011 0.1%
Q2 2011 -0.2%
Q1 2011 0.6%
Q4 2010 2.1%
Q3 2010 -0.4%
Q2 2010 2.8%
Q1 2010 1%
Q4 2009 -0.8%
Q3 2009 0.9%
Q2 2009 -0.4%
Q1 2009 -6.5%
Q4 2008 -2.1%
Q3 2008 0.3%
Q2 2008 -0.8%
Q1 2008 -0.1%
Q4 2007 1.3%
Q3 2007 0.9%
Q2 2007 1.8%
Q1 2007 1.9%
Q4 2006 0.8%
Q3 2006 1%
Q2 2006 0.2%
Q1 2006 2.5%
Q4 2005 0.3%
Q3 2005 1.4%
Q2 2005 -1.2%
Q1 2005 1%
Q4 2004 1.5%
Q3 2004 1.1%
Q2 2004 0.9%
Q1 2004 1.3%
Q4 2003 0.2%
Q3 2003 1.2%
Q2 2003 1.4%
Q1 2003 -0.7%
Q4 2002 1.1%
Q3 2002 -0.2%
Q2 2002 1%
Q1 2002 0.7%
Q4 2001 -0.3%
Q3 2001 0.6%
Q2 2001 0.1%
Q1 2001 0.5%
Q4 2000 1.1%
Q3 2000 1.6%
Q2 2000 0.8%
Q1 2000 3%
Q4 1999 0.9%
Q3 1999 0.5%
Q2 1999 0.5%
Q1 1999 1.6%
Q4 1998 0.9%
Q3 1998 1.3%
Q2 1998 2%
Q1 1998 -0.7%
Q4 1997 2.9%
Q3 1997 2.4%
Q2 1997 1.5%
Q1 1997 1.2%
Q4 1996 1.9%
Q3 1996 0.6%
Q2 1996 0.8%
Q1 1996 1.8%
Q4 1995 0%
Q3 1995 -0.5%
Q2 1995 2.7%
Q1 1995 -0.8%
Q4 1994 2.5%
Q3 1994 2.3%
Q2 1994 0.9%
Q1 1994 0.7%
Q4 1993 0.8%
Q3 1993 0.6%
Q2 1993 -0.2%
Q1 1993 0.2%
Q4 1992 -0.7%
Q3 1992 -0.8%
Q2 1992 -1.1%
Q1 1992 0.3%
Q4 1991 -1.2%
Q3 1991 -2.1%
Q2 1991 -1.2%
Q1 1991 -2%
Q4 1990 -0.6%
Q3 1990 -2.1%
Q2 1990 -1.4%
Q1 1990 0.3%
Q4 1989 0%
Q3 1989 1.2%
Q2 1989 1.8%
Q1 1989 1.2%
Q4 1988 1.8%
Q3 1988 1.2%
Q2 1988 0.8%
Q1 1988 1.3%
Q4 1987 2%
Q3 1987 0.4%
Q2 1987 1.7%
Q1 1987 0.8%
Q4 1986 -1.9%
Q3 1986 4.4%
Q2 1986 0.4%
Q1 1986 0.1%
Q4 1985 0.2%
Q3 1985 0.5%
Q2 1985 1.1%
Q1 1985 0.7%
Q4 1984 1.2%
Q3 1984 0.9%
Q2 1984 0.1%
Q1 1984 1.6%
Q4 1983 -0.2%
Q3 1983 0.9%
Q2 1983 1.1%
Q1 1983 0.1%
Q4 1982 1.3%
Q3 1982 1.1%
Q2 1982 1%
Q1 1982 0.6%
Q4 1981 0.4%
Q3 1981 0.5%
Q2 1981 1.2%
Q1 1981 -0.2%
Q4 1980 -2.7%
Q3 1980 5%
Q2 1980 -0.5%
Q1 1980 1.7%
Q4 1979 1.2%
Q3 1979 0.9%
Q2 1979 2.4%
Q1 1979 2%
Q4 1978 2.2%
Q3 1978 0.4%
Q2 1978 0.7%
Q1 1978 1.1%
Q4 1977 -0.2%
Q3 1977 0.6%
Q2 1977 -0.1%
Q1 1977 -0.9%
Q4 1976 0.8%
Q3 1976 1.1%
Q2 1976 0.5%
Q1 1976 0.4%
Q4 1975 -1%
Q3 1975 -0.9%
Q2 1975 -0.7%

Recent Events

datetime event actual previous consensus
2025-08-29 01:00 AM GDP Growth Rate QoQ Final (Q2) -0.4% 0% -

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Finland GDP Growth Rate (QoQ) : Definition
Finland's Quarter-over-Quarter GDP growth rate measures the percentage change in the nation's total economic output between consecutive quarters. It is calculated by comparing the current quarter's Gross Domestic Product in Euros to the previous quarter's GDP, dividing the difference by the previous quarter's GDP and expressing the result as a percentage. Statistics Finland compiles this key indicator.
Indicator Last Value Prior Value Period
GDP $299.84B $294.95B 2024
GDP Annual Growth Rate -0.15% -0.95% 2024
GDP Growth Rate (YoY) 0% 1% Jun'25
GDP per Capita $44,855.33 $45,353.45 2024
GDP per Capita PPP $55,628.68 $56,246.44 2024
R&D Expenditure (% GDP) 2.96% 2.99% 2022
Real GDP $252.86B $253.25B 2024