National Accounts: GDP by Expenditure: Current Prices: Exports of Goods and Services for Finland
FINEXPORTQDSMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
28,159,000,000.00
Year-over-Year Change
38.02%
Date Range
1/1/1990 - 7/1/2023
Summary
This economic trend measures the current-price value of exports of goods and services for Finland. It is a key indicator of Finland's international trade and competitiveness.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Exports of Goods and Services metric represents the total value of all goods and services sold by Finnish producers to international buyers. It is a core component of Finland's Gross Domestic Product (GDP) and a vital measure of the country's economic health and engagement with global markets.
Methodology
The data is compiled by Statistics Finland based on surveys and administrative sources.
Historical Context
This metric is closely monitored by Finnish policymakers and analysts to assess the nation's trade balance and international economic position.
Key Facts
- Finland's exports of goods and services account for over 40% of its GDP.
- Exports have grown by over 50% in real terms since the early 2000s.
- Services exports make up about one-third of total Finnish exports.
FAQs
Q: What does this economic trend measure?
A: This metric measures the current-price value of all goods and services exported by producers in Finland to international buyers.
Q: Why is this trend relevant for users or analysts?
A: Exports are a critical component of Finland's economic performance and competitiveness. This data helps analysts and policymakers assess the nation's trade balance and international trade position.
Q: How is this data collected or calculated?
A: The data is compiled by Statistics Finland based on surveys and administrative sources.
Q: How is this trend used in economic policy?
A: Finnish policymakers and economists closely monitor this metric to evaluate the country's trade balance, international competitiveness, and overall macroeconomic health.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of several months.
Related Trends
Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: From 15 to 24 Years for Finland
LRHU24TTFIQ156N
Harmonized Index of Consumer Prices: Pets and Related Products; Veterinary and Other Services for Pets for Finland
CP0934FIM086NEST
Sales: Retail Trade: Car Registration: Passenger Cars for Finland
FINSACRQISMEI
Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Electricity, Gas and Other Fuels: Total for Finland
FINCP040500GPQ
International Trade: Net Trade: Value (Goods): Total for Finland
FINXTNTVA01STSAQ
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for Finland
PRCNTO01FIQ661N
Citation
U.S. Federal Reserve, National Accounts: GDP by Expenditure: Current Prices: Exports of Goods and Services for Finland (FINEXPORTQDSMEI), retrieved from FRED.