Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Trend for Finland
FINLORSGPTDSTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
111.71
Year-over-Year Change
1.14%
Date Range
2/1/1960 - 8/1/2022
Summary
The Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Trend for Finland tracks the cyclical movement of Finland's economic output over time. This data point is a valuable indicator of Finland's overall economic health and performance.
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 Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Trend for Finland provides a standardized measure of the cyclical component of Finland's GDP. This smoothed, forward-looking indicator is used by policymakers and analysts to anticipate changes in Finland's economic conditions.
Methodology
The data is calculated by the OECD using established statistical methods to extract the trend component from Finland's GDP data.
Historical Context
This leading indicator is closely monitored by economists and policymakers to help guide economic and monetary policy decisions in Finland.
Key Facts
- Finland's GDP trend has shown steady growth over the past decade.
- The GDP trend indicator leads changes in the overall economy by several months.
- Policymakers use this data to assess the strength and direction of Finland's economic cycle.
FAQs
Q: What does this economic trend measure?
A: The Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Trend for Finland measures the cyclical component of Finland's GDP, providing a forward-looking indicator of the country's economic performance.
Q: Why is this trend relevant for users or analysts?
A: This trend is a valuable tool for policymakers and economists to anticipate changes in Finland's economic conditions and guide policy decisions accordingly.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD using established statistical methods to extract the trend component from Finland's GDP data.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor this leading indicator to help guide economic and monetary policy decisions in Finland.
Q: Are there update delays or limitations?
A: The data is subject to periodic revisions by the OECD, and may have a delay of several months between the reference period and the release of the indicator.
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Citation
U.S. Federal Reserve, Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Trend for Finland (FINLORSGPTDSTSAM), retrieved from FRED.