2. ABOUT FINLAND
• Finland, country located in northern Europe. Finland is one of the world’s most northern and
geographically remote countries and is subject to a severe climate. Nearly two-thirds of Finland is
blanketed by thick woodlands, making it the most densely forested country in Europe. Finland
also forms a symbolic northern border between western and eastern Europe: dense wilderness
and Russia to the east, the Gulf of Bothnia and Sweden to the west. Finland was a province and
then a grand duchy under Sweden from the 12th to the 19th centuries, and an autonomous grand
duchy of Russia after 1809. It gained complete independence in 1917. During World War II,
Finland successfully defended its independence through cooperation with Germany and resisted
subsequent invasions by the Soviet Union - albeit with some loss of territory
3. FINLAND ECONOMY
• Finland has a highly industrialized, largely free-market economy with per capita GDP almost as
high as that of Austria and the Netherlands and slightly above that of Germany and Belgium.
Trade is important, with exports accounting for over one-third of GDP in recent years. The
government is open to, and actively takes steps to attract, foreign direct investment. Finland had
been one of the best performing economies within the EU before 2009 and its banks and financial
markets avoided the worst of global financial crisis. The Gross Domestic Product (GDP) in Finland
was worth 236.79 billion US dollars in 2016. The GDP value of Finland represents 0.38 percent of
the world economy. GDP in Finland averaged 106.14 USD Billion from 1960 until 2016, reaching
an all time high of 283.74 USD Billion in 2008 and a record low of 5.22 USD Billion in 1960.
5. FINLAND POPULATION
• The total population in Finland
was estimated at 5.5 million
people on January 1st 2017.
Looking back, in the year of 1960,
Finland had a population of 4.4
million people
7. This statistic shows the monthly unemployment rate in Finland from January
2016 to May 2017. During the survey period, the monthly unemployment
rate fluctuated, ranging between approximately seven and eleven percent. In
May 2017, the unemployment rate in Finland amounted to 10.7 percent.
• FINLAD UNEMPLOYMENT
8. FINLAND INFLATION
• This statistic shows the monthly inflation rate
for HICP (all items) compared to the same
period in the previous year in Finland from April
2016 to March 2017. In March 2017, the
inflation rate was 0.9 percent compared to
March 2016