Post coronavirus GDP forecast in Finland 2019-2024

According to a forecast, Finland's GDP is expected to fall severely in 2020 following the economic crisis caused by the coronavirus (COVID-19) pandemic. The GDP forecast of 2020 is estimated to be 229 billion euros, while the GDP in 2019 was 240 billion euros. After the economic recovery, the GDP growth is projected to be at 1.3 percent in 2021 and 2020.

Growth forecast for gross domestic product (GDP) in Finland from 2019 to 2024

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Sources

Release date

April 2020

Region

Finland

Survey time period

2019, Spring 2020

Supplementary notes

The source adds the following information: "Forecasts are based on the assumption that the containment measures will remain in place for three months, from mid-March to mid-June. After the restrictions have been lifted, growth will gradually recover during the second half of the year."

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Statistics on "Economic impact of COVID-19 in Finland"

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