Economy of Finland
Economy of Finland
Currency
Euro (EUR)
Fiscal year
calendar year
Trade
organisations
EU, WTO, OECD and others
Statistics
GDP
$183.5 billion (2007 est.) [1]
GDP growth
4.5% (2007 est.) [2]
GDP per capita $33,500 (2006 est.)
GDP by sector
agriculture: 2.5%, industry:
31.7%, services: 65.9%
(2007 est.)
Inflation (CPI)
2.7% (2007 est.)
Population
below poverty
line
N/A
Labour force
2.68 million (2007 est.)
Labour force
by occupation
agriculture and forestry
4.4%, industry 17.5%,
construction 6%, commerce
22%, finance, insurance, and
business services 12%,
transport and
communications 8%, public
services 30.2% (2006 est.)
Unemployment 6.9% (2007) [2]
Main
industries
metals and metal products,
electronics, machinery and
scientific instruments,
shipbuilding, pulp and
paper, foodstuffs, chemicals,
textiles, clothing
External
Exports
$104.3 billion (2008 est.)
Export goods
machinery and equipment,
chemicals, metals; timber,
paper, pulp (1999)
Main export
partners
Germany 11.3%, Sweden
10.5%, Russia 10.1%, UK
6.5%, US 6.5%, Netherlands
5.1% (2006)
Imports
$76.36 billion (2007 est.)
Import goods
food stuffs, petroleum and
petroleum products,
chemicals, transport
equipment, iron and steel,
machinery, textile yarn and
fabrics, grains
Main import
partners
Germany 15.6%, Russia
14%, Sweden 13.7%,
Netherlands 6.6%, the
People’s Republic of China
5.4%, UK 4.7%, Denmark
4.5% (2006)
Public finances
Public Debt
32.9% of GDP (2007 est.)
Revenues
$124.2 billion (2007 est.)
Expenses
$114 billion (2007 est.)
Economic aid
donor: ODA, $1.023 billion
(2007)
Main data source: CIA World Fact Book
All values, unless otherwise stated, are in US
dollars
Finland has a highly industrialized, free-mar-
ket economy with a per capita output equal
to that of other western economies such as
France, Germany, Sweden or the UK. The
largest sector of the economy is services at
65.7 percent, followed by manufacturing and
refining at 31.4 percent. Primary production
is at 2.9 percent.[3] With respect to foreign
trade, the key economic sec