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

  At current prices  Volume series, reference year 2021 Annual change in volume, %
  € billion €/inh. € billion
2015 211,4 38 570 230,3 0,5
2016 217,5 39 583 236,8 2,8
2017 226,3 41 084 244,4 3,2
2018 233,5 42 324 247,2 1,1
2019 239,9 43 439 250,2 1,2
2020* 238,0 43 032 244,4 -2,3
2021* 252,9 45 644 252,9 3,5

* 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

  2018 2019 2020* 2021* 2021*
  At current prices, € billion Annual change in volume, %
Supply          
Gross domestic product 233,5 239,9 238,0 252,9 3,5
Imports 92,7 95,3 84,5 97,9 5,3
Total supply 326,2 335,1 322,5 350,8 . .
Demand          
Exports 89,8 95,7 85,1 98,5 4,7
Consumption expenditure 177,4 181,7 179,3 188,8 3,2
Private 123,9 126,1 121,5 127,8 3,1
Government 53,5 55,6 57,8 60,9 3,2
Gross fixed capital formation 56,2 57,1 57,6 59,1 1,2
Private 46,2 46,6 45,9 48,6 4,6
Government 10,0 10,5 11,7 10,5 -12,0
Changes in inventories, acquisition of valuables 2,8 0,6 0,8 2,5 . .
Total demand 326,2 335,1 322,8 348,8 . .
Statistical discrepancy 0,0 0,0 -0,2 2,0 . .

* 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, 2019

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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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Public development cooperation

Year Net disbursements
  Bilateral cooperation Multilateral cooperation Total % of gross national income
  € million € million € million  
2010 633,5 372,9 1 006,4 0,55
2011 615,7 395,5 1 011,2 0,52
2012 620,8 406,0 1 026,8 0,53
2013 618,0 463,1 1 081,1 0,54
2014 706,7 525,3 1 232,0 0,59
2015 629,1 532,0 1 161,1 0,55
2016 579,5 376,7 956,2 0,44
2017 527,4 434,0 961,4 0,43
2018 402,9 430,9 833,7 0,36
2019 536,6 473,5 1 010,1 *0,42
2020* 572,3 549,0 1 121,4 0,47

* preliminary data

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 7 Jun 2022