Finland - BNP vekstrate

The Finnish gross domestic product grew by 0.5 percent quarter-on-quarter in the three months to September 2019, the same pace as in the previous period, a preliminary estimate showed. This remained the strongest GDP growth since the first quarter last year. On a yearly basis, the economy expanded 1.9 percent in the third quarter, following a 1.2 percent growth in the previous three-month period.

The Finnish gross domestic product grew by 0.5 percent quarter-on-quarter in the three months to June 2019, the same pace as an upwardly revised figure in the previous period but less than the preliminary reading of a 0.9 percent advance. There were rises in both private consumption (0.9 percent vs -1 percent in Q1) and fixed investment (0.5 percent vs -0.8 percent). In contrast, government spending declined (-0.3 percent vs 2.5 percent) and net exports contributed negatively to the GDP as exports declined 0.5 percent (vs 2.4 percent in Q1) while imports rose 2.8 percent (vs -4.4 percent). On a yearly basis, the economy expanded 1.2 percent in the second quarter, following a downwardly revised 0.9 percent growth in the prior quarter.

The Finnish gross domestic product grew by 0.9 percent on quarter in the three months to June of 2019, after a 0.2 percent expansion in the previous period, a preliminary estimate showed. This was the strongest GDP growth since the first quarter last year. On a yearly basis, the economy advanced by 1.8 percent, following a 1.2 percent growth in the first quarter.

The Finnish gross domestic product grew 0.2 percent on quarter in the three months to March of 2019, compared to a downwardly revised 0.5 percent expansion in the previous period, and lower than a preliminary estimate of 0.6 percent advance, final figures showed. It was the weakest growth rate since the June quarter of 2018, mainly due to a decline in private consumption (-1.2 percent from 0.7 percent) and fixed investment (-0.3 percent from 1.7 percent). On the other hand, government spending rebounded sharply (2.7 percent from -0.3 percent) and net external demand contributed positively to GDP growth, as exports rose 3 percent (vs 3.3 pct in Q4) while imports dropped 5.7 percent (vs 3.8 pct in Q4). On a yearly basis, the economy advanced 1.2 percent, following a 2.2 percent growth in the fourth quarter.

The Finnish gross domestic product grew by 0.6 percent on quarter in the three months to March of 2019, after a 0.7 percent expansion in the previous period, a preliminary estimate showed. On a yearly basis, the economy advanced by 2.2 percent, the same pace as in the fourth quarter.

The Finnish gross domestic product grew by 0.7 percent on quarter in the three months to December of 2018, compared to a 0.4 percent expansion in the previous period and lower than a preliminary estimate of 0.9 percent growth, final figure showed. Growth was driven by household consumption (1.0 pct vs -0.1 pct in Q3) while fixed investment expanded 1.9 percent, after a 0.9 percent drop in the previous quarter. Meantime, Net external demand contributed negatively to GDP growth, as exports rose 3.3 percent (vs -1.4 pct in Q3) while imports went up 4.1 percent (vs 0.7 pct). On the other hand, government spending contracted (-0.9 pct vs 0.2 pct in Q3). On a yearly basis, the economy advanced by 2.2 percent, following a downwardly revised 2.1 percent growth in the third quarter and below a preliminary reading of 2.4 percent. It was the weakest growth rate since the third quarter 2017.