News |

Finland's growth up by 2.7%

Finland’s GDP grew by 2.7 percent last year, according to data released by Statistics Finland. Last year, GDP stood at 189 billion euros.

Initial preliminary data released in March put the rate of growth at 2.9 per cent. In real terms, GDP was still 3 percent lower than in 2008.

In 2009, GDP dropped to a record -8.5 percent, following a global economic crisis triggered by the US financial sector meltdown.

According to Statistics Finland, many sectors in Finland's largely export-dependent economy successfully recovered from the battering caused by shrinking global demand.

The upturn was more apparent in the chemical and metal industries. In the service sector, business, health, social services and real estate all showed a growth in fortunes.

Latest in: News

Headlines

Our picks

Latest

Muualla Yle.fi:ssä