Not quite. Since 1994, the SVDS has been the Army standard rifle, with a folding buttstock the most noticable difference, but a few other improvements to be found as well. The SVD remains in widespread use by second-line and reserve units, of course, and in most of the former Soviet Bloc nations.
And many of the Finnish Army troops using the SVD are fond of them, though many also prefer the slightly better range and accuracy of the long-range bolt-action rifles- including the old 1891-designed pystykorvaa Mosin-Nagants.