Economy & Growth in Northern Europe 89 indicators covering economy & growth for Northern Europe. IndicatorLatest Year10-yr change Rank Annual growth rate of real GDP per capita 0.7% 2024 down 69.6% 29th Manufacturing value added (current United States dollars) as a 11.2% 2024 up 4.9% 25th Merchandise trade as a proportion of GDP 47.0% 2024 down 1.6% 18th Annual GDP growth 1.4% 2024 down 52.4% 32nd Foreign direct investment, net inflows, as a proportion of GDP 1.0% 2024 down 72.3% 30th 2.5.1a Plant genetic resources accessions stored ex situ (number) 898,221 No 2024 up 8.2% 5th Annual growth of exports of goods and services 3.9% 2024 up 3.4% 11th Annual growth of imports of goods and services 2.6% 2024 down 53.7% 21st Annual growth of the gross capital formation -0.1% 2024 down 101.0% 27th Annual growth of households and NPISHs final consumption expenditure 0.1% 2023 down 95.3% 33rd Volume of remittances (in United States dollars) as a proportion of 0.3% 2024 down 30.4% 30th Annual growth of the general government final consumption expenditure 1.2% 2023 up 181.9% 18th Agriculture value added share of GDP 1.0% 2024 down 11.1% 32nd Tax revenue as a proportion of GDP 27.1% 2023 up 6.9% 1st Domestic material consumption per unit of GDP, by type of raw material 0.2992 kg per constant US$ 2022 down 13.2% 34th Cash surplus/deficit as a proportion of GDP -40.0% 2023 down 3.9% 26th Total trade of tracked Environmentally Sound Technologies 193.24 billion current US$ 2024 up 13.7% 11th Labour share of GDP 53.1% 2025 down 2.0% 13th 2.5.1b Number of local breeds for which sufficient genetic resources 27 No 2025 up 2,600.0% 8th 2.5.1b Number of transboundary breeds for which sufficient genetic 11 No 2025 up 10.0% 15th Gross National Income — Annual growth US$ per capita 2.74 % 2023 down 9.9% 16th Consumer Prices, General Indices (2015 = 100), median — Value 140.8 2026 up 38.6% 15th Consumer Prices, General Indices (2015 = 100), weighted average 138.45 2026 up 35.6% 24th Total Expenditure (highest government level) — Value US$, 2015 prices 2.52 million million USD 2024 up 22.4% 10th Total Expenditure (highest government level) — Value US$ 2.84 million million USD 2024 up 22.2% 10th Sustainable fisheries as a proportion of GDP 0.1% 2023 up 28.6% 15th Cost of a healthy diet (CoHD), weighted average — Value — July 2026 3.25 Int$ (PPP) per person per day 2025 up 57.8% 34th Cost of a healthy diet (CoHD), simple average — Value — July 2026 4.07 Int$ (PPP) per person per day 2025 up 55.3% 32nd Material footprint per unit of GDP, by type of raw material 0.2977 kg per constant US$ 2022 down 14.6% 33rd ← Previous Page 2 of 2