The Finland economy is advanced, driven by technology, manufacturing, and forestry. Companies like Nokia and paper producers lead exports, while renewable energy and gaming industries grow. A strong welfare system and education support stability, but an aging population and high labor costs challenge competitiveness. Investments in AI, clean energy, and digital infrastructure aim to sustain growth, with EU integration enhancing trade in a highly innovative economy.
Finland Economy Size
Finland’s economy, at $300 billion, is sizable, driven by tech and manufacturing. Its GDP reflects high productivity and strong welfare system integration. See Finland GDP.
Finland Purchasing Power Parity (PPP)
Finland’s economy has a PPP GDP of $350 billion, slightly above its $300 billion nominal GDP, reflecting high costs offset by tech and services. PPP per capita is around $60,000, indicating strong purchasing power. Innovation and welfare systems amplify PPP advantages, supporting a robust domestic market with export-driven growth.
Finland Growth Rate
The economic growth rate is 2.5% in 2024, fueled by tech exports and services. Strong welfare systems and innovation drive growth, but high costs and an aging population limit gains. Forestry and manufacturing contribute, while renewable energy investments enhance resilience, positioning the economy for stable progress within the EU.
Finland Inflation
Finland’s inflation rate is around 2% in 2024, driven by rising energy and food import costs within the EU. Strong tech exports and wage growth add demand-side pressure, while global supply chains remain strained. Eurozone monetary tightening and stable governance keep inflation low, though import reliance poses ongoing risks.
