Finnish economy: Breaking away on a growth journey
Summary
- Finnish economic growth estimates have significantly improved, with projections rising from around 1% to over 2% for this year, according to talousennusteet.fi.
- The Bank of Finland's nowcasting estimate indicates a 0.7% growth for Q3 compared to the previous quarter, reflecting a positive trend following earlier struggles.
- Growth is evident across various sectors, including cruise ship and fighter jet orders, as well as private sector investments, with AI contributing to this positive development.
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Automatic translation: Originally published in Finnish 19/08/2026, 04:37 GMT. Give feedback here.
There have been many opinions in public about the accuracy of economic estimates, but now the direction in them is at least the same: upwards.
Source: talousennusteet.fi
Finland's economic growth, %
Source: LSEG
The story of the Finnish economy has changed suddenly (I also covered this topic in the macro review at the beginning of August). From timid economic growth estimates of around one percent for this year in June, there has been a sudden jump to two percent and even higher, according to talousennusteet.fi. The Bank of Finland's nowcasting estimate, in turn, shows 0.7% growth for Q3 from the previous quarter, which is a good continuation of the early-year figures and a brisk pace considering the struggles of previous years.
Finland: Fixed investments
Source: LSEG
The best news in the growth statistics is that, finally, the economy is showing green shoots quite broadly, from cruise ship orders to private sector investments. AI also plays a part in this, and I recently discussed it in a forum post in response to a good question. The eternal promise of growth is finally showing signs of life.
