Latest: United Arab Emirates 16:05 GDP (YoY) Forecast: 0 % Actual: -6.1%
Latest: South Africa 16:00 SARB Monetary Policy Review Forecast: 0
Latest: United Kingdom 12:30 Annual Budget Release Forecast: 0
Latest: Japan 01:30 BoJ Board Member Suzuki Speaks Forecast: 0
Latest: United States 13:00 Jackson Hole Symposium Forecast: 0

Economy of Finland. Statistics, Data and Indicators

flag
Finland
96AA+ Credit rank #14
195.30 Quality of life #2
1 Corruption rank#6
20 Ease of doing business#17
Finland


Finland Major Economic Indicators

Indicator Data Period
GDP Value 270 USD Billion 2020
GDP Annual Growth Rate 3.6 % 1Q/22
GDP Growth Rate 0.2 % 1Q/22
GDP per capita 44773 USD 2020
Inflation Rate YoY 7 % May/22
Interest Rate 0 % Jun/22
Unemployment Rate 7.9 % May/22
Wages 3692 EUR/Month | 3849.844 USD/Month 3Q/21
Balance of Trade -900 EUR Million | -0.938 B USD Apr/22
Current Account -2286 EUR Million | -2.384 B USD Apr/22
Foreign Exchange Reserves 15151 EUR Million | 15.799 B USD May/22
Government Debt 128696 EUR Million | 134.198 B USD Nov/21


GDP Indicators

Indicator Data Period
GDP Value 270 USD Billion 2020
GDP Annual Growth Rate 3.6 % 1Q/22
GDP Growth Rate 0.2 % 1Q/22
GDP per capita 44773 USD 2020
Gross National Product 60662 EUR Million | 63.255 USD Billion 1Q/22
GDP Constant Prices 59013 EUR Million | 61.536 B USD 1Q/22
GDP per capita PPP 47261 USD 2020
GDP From Agriculture  1308 EUR Million | 1.364 B USD 1Q/22
GDP From Construction  3223 EUR Million | 3.361 B USD 1Q/22
GDP From Manufacturing  9104 EUR Million | 9.493 B USD 1Q/22
GDP From Public Administration  9392 EUR Million | 9.794 B USD 1Q/22
GDP From Services  35621 EUR Million | 37.144 B USD 1Q/22
GDP From Transport  1925 EUR Million | 2.007 B USD 1Q/22
GDP From Utilities  1476 EUR Million | 1.539 B USD 1Q/22


Budget Indicators

Indicator Data Period
Government Debt to GDP 65.8 % 2021
Government Budget Value 385 EUR Million | 0.401 USD Billion Nov/21
Government Spending 13783 EUR Million | 14.372 USD Billion 1Q/22
Government Debt 128696 EUR Million | 134.198 USD Billion Nov/21
Government Revenues 5295 EUR Million | 5.521 USD Billion Nov/21
Fiscal Expenditure  4910 EUR Million | 5.12 B USD Nov/21
Government Budget to GDP -2.6 % 2021
Government Spending to GDP 56.7 % 2020
Military Expenditure 3986 USD Million | 3.986 B USD 2020


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 113 index points May/22
Export Prices 149 index points May/22
Food Inflation 9.04 % May/22
Gasoline Prices 2.65 USD/Liter Jun/22
GDP Deflator 112 index points 1Q/22
Import Prices 150 index points May/22
Inflation Rate YoY 7 % May/22
Producer Prices 145 index points May/22
Inflation Rate Mom 1.3 % May/22
Core Consumer Prices 108 Index Points May/22
Core Inflation Rate 3.6 % Jun/22
CPI Housing Utilities 162 Index Points May/22
CPI Transportation 123 Index Points May/22
Harmonised Consumer Prices 113 Index Points May/22
Producer Prices Change  31.7 % May/22


Trade Indicators

Indicator Data Period
Current Account to GDP 0.3 % 2020
Weapons Sales 12 USD Million 2020
Balance of Trade -900 EUR Million | -0.938 USD Billion Apr/22
Capital Flows -3941 EUR Million | -4.109 USD Billion Apr/22
Current Account -2286 EUR Million | -2.384 USD Billion Apr/22
Exports 6600 EUR Million | 6.882 USD Billion Apr/22
External Debt 588467 EUR Million | 613.626 USD Billion 1Q/22
Foreign Exchange Reserves 15151 EUR Million | 15.799 USD Billion May/22
Imports 7500 EUR Million | 7.821 USD Billion Apr/22
Terms of Trade  99.7 Index Points May/22


Money Indicators

Indicator Data Period
Bank Lending Rate 4.64 % May/22
Gold Reserves 49.02 Tonnes 1Q/22
Interbank Rate -0.19 % Jul/22
Interest Rate 0 % Jun/22
Loans to Private Sector 101234 EUR Million | 105.562 USD Billion May/22
Money Supply M0 27549 EUR Million | 28.727 USD Billion May/22
Money Supply M1 185267 EUR Million | 193.188 USD Billion May/22
Money Supply M2 196666 EUR Million | 205.074 USD Billion May/22
Money Supply M3 237569 EUR Million | 247.726 USD Billion May/22
Central Bank Balance Sheet 625 EUR Million | 0.652 B USD Jun/22
Foreign Direct Investment 73758 EUR Million | 76.911 B USD 2020


Labor Indicators

Indicator Data Period
Retirement Age Men 63.75 2020
Retirement Age Women 63.75 2020
Unemployment Rate 7.9 % May/22
Wages 3692 EUR/Month | 3849.844 USD/Month 3Q/21
Youth Unemployment Rate 16.9 % Apr/22
Employed Persons 2641 Thousand Person | 2.641 Million Person May/22
Employment Change  1.3 % 4Q/21
Employment Rate  74.7 % May/22
Full Time Employment 2036 Thousand Person 4Q/21
Job Vacancies 99520 | 99.52 K May/22
Labor Force Participation Rate 69.6 % May/22
Living Wage Family 1700 EUR/Month | 1915.212 USD/Month 2018
Living Wage Individual 1160 EUR/Month | 1306.851 USD/Month 2018
Long Term Unemployment Rate 1.6 % 4Q/21
Part Time Employment 436 Thousand Persons 4Q/21
Unemployed Persons 227 Thousand Persons | 0.227 Million Persons May/22
Wages High Skilled 4250 EUR/Month | 4788.031 USD/Month 2018
Wages Low Skilled  1980 EUR/Month | 2230.659 USD/Month 2018


Taxes



Production Indicators

Indicator Data Period
Electricity Production 5745 GWh Apr/22
Industrial Production 7.3 % Apr/22
Mining Production -1.4 % Mar/22
Steel Production 339 Thousand Tonnes Dec/20
Industrial Production (MoM) 3.4 % Apr/22


Business Indicators

Indicator Data Period
Bankruptcies 656 companies 4Q/21
Business Confidence 10 index points Jun/22
Corruption Index 88 index points 2021
Corruption Rank 1 place 2021
Ease of Doing Business 20 place 2019
Manufacturing Production 4 % Mar/22
Competitiveness Index 80.25 Index Points 2019
Competitiveness Rank 11 2019
Leading Economic Index  9 % May/21


Consumer Indicators

Indicator Data Period
Consumer Confidence -14.3 index points Jun/22
Private Debt To GDP 233 % 2020
Retail Sales MoM -2.6 % Dec/21
Retail Sales YoY 3 % Dec/21
Consumer Credit 16919 EUR Million | 17.642 USD Billion May/22
Consumer Spending 30413 EUR Million | 31.713 USD Billion 1Q/22
Households Debt To GDP 69.1 % 3Q/21
Households Debt To Income 119 % 2020


Housing Market

Indicator Data Period
Construction Output 7.5 % Apr/22