Finland's industrial production jumped by 8 percent from a year earlier in May 2021, after a downwardly revised 2.1 percent gain a month earlier. It was the second straight month of increase in industrial production and the steepest pace since March 2018. On a monthly basis, industrial output rose 2.2 percent in May, following a downwardly revised 1.3 percent rise in April. source: Statistics Finland

Industrial Production in Finland averaged 1.61 percent from 1996 until 2021, reaching an all time high of 23.70 percent in June of 2006 and a record low of -23.30 percent in May of 2009. This page provides - Finland Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Finland Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on August of 2021.

Industrial Production in Finland is expected to be 8.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Finland to stand at 2.30 in 12 months time. In the long-term, the Finland Industrial Production is projected to trend around 2.50 percent in 2022 and 1.90 percent in 2023, according to our econometric models.

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Finland Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
8.00 2.10 23.70 -23.30 1996 - 2021 percent Monthly
2015=100, WDA


Calendar GMT Actual Previous Consensus TEForecast
2021-04-09 05:00 AM Feb 5.5% -0.4% 2.3%
2021-05-10 05:00 AM Mar -2.3% 3.4% 4.2%
2021-06-10 05:00 AM Apr 3.1% -2.4% 7.3%
2021-07-09 05:00 AM May 8% 2.1% 7.6%
2021-08-10 05:00 AM Jun 8% 8%
2021-09-10 05:00 AM Jul
2021-10-08 05:00 AM Aug
2021-11-10 06:00 AM Sep


Finland Industrial Production
In Finland, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 87 percent of total production. The biggest segments within Manufacturing are: chemicals (16 percent); electrical and electronics (13 percent); machinery and equipment (11 percent); paper and paper products (9 percent); fabricated metal products (8 percent); and food products (7 percent). Electricity, gas, steam and air conditioning supply accounts for 11 percent of total output; and Mining and quarrying account for 2 percent.