Contact Finland

Economic Outlook

Important economic figures:
GDP: 214 bn EUR, 39,049 EUR per capita
growth: 1.5 %
(2016)

Inflation (consumer price index, %)
August 2017: 0.7 %

Unemployment rate: 8.8 %
(2016)

The economic upswing in Finland has strengthened, and growth particularly in the first part of 2017 has been strong in the light of the statistical data. Economic growth in recent years has rested exclusively on domestic demand, but the base of growth is now broadening towards exports. The Bank of Finland forecasts GDP growth of 2.1%, 1.7% and 1.4% in 2017, 2018 and 2019, respectively.

(Bank of Finland, July 2017)