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National economyGross domestic product decreased by 0.9 per cent in July to September 2023
release | Quarterly national accounts 2023, 3rd quarterAccording to Statistics Finland, the volume of Finland's gross domestic product decreased in July to September 2023 by 0.9 per cent from the previous quarter. Gross domestic product adjusted for working days was 1.2 per cent lower than one year ago.
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Key selections
- In July to September 2023, the volume of exports decreased by 1.8 per cent from the previous quarter. The volume of imports declined by 3.2 per cent.
- In July to September 2023, private consumption decreased by 0.6 per cent from the April to June level.
- Government consumption expenditure diminished by 2.7 per cent in the third quarter of 2023 from the level in April to June.
- Gross fixed capital formation, or investments, contracted in July to September 2023 by 1.5 per cent from the previous quarter. Both private and public investments decreased.
Data revisions
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Revision of volume changes in GDP
Revision of volume changes in imports
Revision of volume changes in exports
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Classifications used:
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Period:
quarter
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Classifications used:
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- Transaction
Period:
quarter
Statistics:
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