Watch this live session on 16 December 2020 at 09:00 CET, as the World Economic Forum unveils its latest snapshot of global economic competitiveness. ... No Change in Rank from 2019. Finland gdp growth rate for 2017 was 3.10%, a 0.39% increase from 2016. Finland’s economic freedom score is 75.7, making its economy the 20th freest in the 2020 Index. The continued sluggishness of global and euro area growth is reflected in Finland’s growth figures, which will dip below 1% annual growth in 2020. Today, Finland’s economy reflects its engagement with the world community; one-third of the country’s GDP comes from international trade. Though Finland real GDP growth fluctuated substantially in recent years, it tended to decrease through 2000 - 2019 period ending at 1.1 % in 2019. 79.9. Gross Domestic Product. Unemployment is set to fall gradually to its structural level while inflation is … GDP Growth Rate in 2017 was 2.63%, representing a change of 6,769,133,396 US$ over 2016, when Real GDP was $255,195,401,932. The economy returned to growth in 2016, posting a 1.9% GDP increase before growing an estimated 3.3% in 2017, supported by a strong increase in investment, private consumption, and net exports. In 2019, real GDP growth for Finland was 1.1 %. Gross domestic product (GDP) growth rate in Finland fluctuated fairly strongly between 5.3 and -8.1 percent in the period from 2005 to 2019. Finland’s economic growth accelerated to 0.9 percent in the final quarter of last year from the prior three-month period, flash estimate data by Statistics Finland showed on Thursday. Real GDP (y-o-y%) Graph II.19.1: Finland - Real GDP growth and contributions, output gap forecast % of pot. GDP per Capita in Finland (with a population of 5,511,371 people) was $47,532 in 2017, an increase of $1,113 from $46,418 in 2016; this represents a change of 2.4% in GDP … Finland gdp growth rate for 2019 was 0.98%, a 0.65% decline from 2018. GDP Economic growth, after solid 2019, is expected to moderate in 2020 as residential investment declines. However, both the euro area and the global economy will gradually recover and exert a pull on the Finnish economy, too. FRED: Download, graph, and track economic data. At 9.5 percent of GDP, Finland ranked ninth among EU countries in terms of how much it spent on healthcare in 2016, relative to the size of its economy, according to Eurostat figures. Annual percentage growth rate of GDP at market prices based on constant local currency. GDP growth will pick up slightly in 2021–2022, to 1.1% and 1.3%, respectively. 134 economic data series with tags: Finland, GDP. 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