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National economy

Gross domestic product grew by 0.9 per cent in April to June

release | Quarterly national accounts 2022, 2nd quarter

According to Statistics Finland, the volume of Finland’s gross domestic product grew by 0.9 per cent in April to June 2022 compared with the previous quarter. Compared with the second quarter of 2021, GDP adjusted for working days grew by 3.0 per cent.

Key selections

  • In April to June, the volume of exports grew by 0.2 per cent and the volume of imports by 2.3 per cent from the level in January to March. The rise in prices increased the current priced value of international trade clearly compared with the previous year.
  • Private consumption grew in April to June by 2.3 per cent from the level in January to March. Government consumption expenditure increased by 1.7 per cent.
  • Gross fixed capital formation, or investments, decreased in the second quarter by 1.8 per cent from the previous quarter. Private investments increased but public investments contracted.
  • Building investments contracted in April to June. Investments in machinery and equipment remained on level with the previous quarter.

Data revisions

See key statistical data in the tables.

Revision of volume changes in GDP

Revision of volume changes in import

Revision of volume changes in export

Database tables

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Updated database tables
Classifications used:
  • Transaction
  • Industry
Period:
quarter
Updated:
Classifications used:
  • Industry
  • Transaction
Period:
quarter
Updated:
Classifications used:
  • Transaction
Period:
quarter
Updated:

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Samu Hakala
Senior Statistician
029 551 3756
Other experts
Head of Department in charge