National Accounts: GDP by Expenditure: Constant Prices: Government Final Consumption Expenditure for Finland
Growth rate previous period, Quarterly
NAEXKP03FIQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.49
Year-over-Year Change
50.48%
Date Range
4/1/1990 - 1/1/2025
Summary
The 'Growth rate previous period, Quarterly' metric tracks the quarter-over-quarter percent change in real GDP, providing a snapshot of the overall economic growth rate.
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
This series measures the quarterly percent change in real GDP compared to the previous quarter, adjusted for inflation. It is a key indicator of the pace of economic expansion or contraction, and is widely monitored by policymakers, analysts, and investors.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using national accounts statistics.
Historical Context
The GDP growth rate is a crucial input for monetary and fiscal policy decisions.
Key Facts
- The average quarterly GDP growth rate from 1947 to 2022 is 0.98%.
- GDP growth turned negative in 2020 due to the COVID-19 pandemic.
- Sustained high growth rates can lead to inflation pressures.
FAQs
Q: What does this economic trend measure?
A: This metric measures the quarter-over-quarter percent change in real gross domestic product (GDP), which is the broadest indicator of overall economic activity.
Q: Why is this trend relevant for users or analysts?
A: The GDP growth rate is a critical indicator for assessing the health and trajectory of the economy, and is closely monitored by policymakers, businesses, and investors.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using national accounts statistics.
Q: How is this trend used in economic policy?
A: The GDP growth rate is a key input for monetary and fiscal policy decisions, as policymakers aim to foster stable and sustainable economic expansion.
Q: Are there update delays or limitations?
A: The GDP growth rate data is released on a quarterly basis, with a lag of several weeks following the end of each quarter.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Food and Non-Alcoholic Beverages for Finland
FINCPHP0100GYM
Infra-Annual Labor Statistics: Employment Female: From 55 to 64 Years for Finland
LFEM55FEFIA657N
Lerner Index in Banking Market for Finland
DDOI04FIA066NWDB
Gross Domestic Product for Finland
MKTGDPFIA646NWDB
Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 15 to 74 Years for Finland
LRAC74FEFIQ156N
Consumer Price Index: OECD Groups: Energy (Fuel, Electricity, and Gasoline): Total for Finland
CPGREN01FIA657N
Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (NAEXKP03FIQ657S), retrieved from FRED.