Finnish Economy Grew More Than Expected Last Year: Statistics Finland

Finland's economy expanded more than initially anticipated last year, with gross domestic product (GDP) growing by 0.8% in 2025. Statistics Finland revised its earlier estimate of 0.2% growth upward, indicating a stronger economic performance. The growth trend persisted into the first quarter of 2026. The primary driver behind this economic upswing has been exports, which saw significant increases. In contrast, domestic demand remained subdued, with both private consumption and investments showing weak development. The boost in foreign trade also reflected positively in the current account, which shifted to a surplus in 2025 after a prolonged period of deficit. A current account surplus signifies that the national economy is earning more from foreign transactions than it is spending. Statistics Finland noted that the growth in exports has had a beneficial effect on employment. Although the overall number of employed individuals decreased in 2025, employment figures rose in manufacturing sectors that experienced export growth. The information and communications technology sector, along with mining, demonstrated the strongest growth among industries. Statistics Finland also revised its 2024 GDP growth forecast upward, from a previous estimate of 0.4% to 0.9%.