GERD as a percentage of GDP in Finland

Finland: GERD as a percentage of GDP was 3.1% in 2023. β–¬ Flat

Latest (2023)
3.1%
Change on year
up 3.7%
World rank
10th
of 116 countries
All-time high
3.7%
in 2009
All-time low
2.5%
in 1996
Years of data
28
1996–2023

GERD as a percentage of GDP in Finland, 1996–2023

012341996200920231996: 2.51997: 2.61998: 2.81999: 3.12000: 3.22001: 3.22002: 3.32003: 3.32004: 3.32005: 3.32006: 3.32007: 3.32008: 3.52009: 3.72010: 3.72011: 3.62012: 3.42013: 3.32014: 3.22015: 2.92016: 2.72017: 2.72018: 2.82019: 2.82020: 2.92021: 32022: 32023: 3.1

Source: UNESCO Institute for Statistics.

Analysis

The most recent figure for gerd as a percentage of gdp in Finland is 3.1%, measured in 2023.

That represents a change of up 3.7% on the previous year and down 5.8% over ten years.

Over the whole period, gerd as a percentage of gdp in Finland peaked at 3.7% in 2009 and was at its lowest, 2.5%, in 1996.

That places Finland 10th out of 116 countries with data for 2023, putting it in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
1990s 2.7% 2.5% 3.1% 4
2000s 3.4% 3.2% 3.7% 10
2010s 3.1% 2.7% 3.7% 10
2020s 3.0% 2.9% 3.1% 4

Countries ranked near Finland

  1. 7 Austria 3.3% compare
  2. 8 Switzerland 3.2% compare
  3. 9 Germany 3.2% compare
  4. 11 Denmark 3.0% compare
  5. 12 United Kingdom 2.7% compare
  6. 13 Iceland 2.6% compare

See the full ranking of 166 places β†’

More science & technology data for Finland

All data for Finland β†’

Frequently asked questions

What is gerd as a percentage of gdp in Finland?
Gerd as a percentage of gdp in Finland was 3.1% in 2023, according to UNESCO Institute for Statistics.
What is the highest gerd as a percentage of gdp recorded in Finland?
The highest recorded value was 3.7% in 2009.
What is the lowest gerd as a percentage of gdp recorded in Finland?
The lowest recorded value was 2.5% in 1996.
How does Finland rank for gerd as a percentage of gdp?
Finland ranks 10th out of 116 countries with data for 2023.
Is gerd as a percentage of gdp rising or falling in Finland?
Over the last ten years it is down 5.8%. The long-run trend across the full record is flat.
Where does this Finland data come from?
The figures come from UNESCO Institute for Statistics, published as part of GERD as a percentage of GDP. Statizoid updates them automatically from the source API.

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GERD as a percentage of GDP in Finland. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 20 August 2026, from https://science-tech.statizoid.com/stat/gerd-as-a-percentage-of-gdp/finland/

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About this data

Indicator
GERD as a percentage of GDP
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
166 places, 3,775 data points, 1996–2024
Last refreshed

February 2026 Data Release