Published: 1 March 2007

Gross domestic product grew by 5.5 per cent in 2006

According to Statistics Finland's preliminary data, the volume of Finland's GDP grew by 5.5 per cent in 2006. GDP was EUR 168 billion in 2006.

All demand items of the national economy grew last year. The fastest growth, good ten per cent from the previous year, was recorded in exports. Imports went up by good five per cent. Consumption expenditure increased by 2.3 per cent: private final consumption expenditure by three per cent and government consumption expenditure by around one per cent. In the whole economy, investments increased by five or so per cent.

In secondary production, value added went up by nearly ten per cent from the year before, which was influenced by the industrial dispute in the paper industry in 2005. The value added in the wood and paper industry was as much as 15 per cent up on the previous year. The value added of the metal industry grew by just short of 13 per cent and that of other manufacturing by just under of six per cent. In service industries value added went up by just short of four per cent last year. The rate of growth was fastest in trade at 6.5 per cent.

Annual change in the volume of gross domestic product 1997-2006, per cent

Source: National Accounts 1997-2006. Statistics Finland

Inquiries: Mr Olli Savela +358 9 1734 3316, Ms Aila Heinonen +358 9 1734 3338, skt.95@stat.fi

Director in charge: Mr Ari Tyrkkö

Links: Press release related to this statistical release

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Last updated 1.3.2007

Referencing instructions:

Official Statistics of Finland (OSF): Annual national accounts [e-publication].
ISSN=1798-0623. 2006. Helsinki: Statistics Finland [referred: 23.11.2017].
Access method: http://www.stat.fi/til/vtp/2006/vtp_2006_2007-03-01_tie_001_en.html

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